Piper Sandler analyst Harsh Kumar notes chip maker Nvidia is making progress in working down its oversupply at retailers. He reaffirmed an Overweight rating. Read More...
Reuters
AT&T in talks with investors to expand fiber optics network – report
The company is working with Morgan Stanley to help bring in an infrastructure partner to the venture, which is expected to be valued at $10 billion to $15 billion, according to the report. AT&T declined to comment, while Morgan Stanley did not immediately respond to a Reuters request for comment. The discussions with infrastructure investors are early and could still fall apart, Bloomberg News reported, adding that AT&T could find a partner as soon as this year, but it could also slip into 2023.
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