AT&T beats on earnings and raises outlook as Starlink creeps in

The 8:30 hosts, Jake Conley, Julie Hyman, and Pras Subramanian, focus on AT&T's (T) latest earnings, which beat estimates for revenue and profit and raised its annual earnings outlook. Uncertainty over competition from Starlink and SpaceX's (SPCX) mobile ambitions, however, could lead to rising spending on customer incentives. Video Transcript 00:00 Speaker A Speaking of Starlink, let's talk about a company that's maybe taking a little bit of heat from Starlink, uh, and the broader SpaceX business. That's AT&T out with earnings, actually beating on revenue and profit estimates, raising its annual earnings outlook. But, and here's the weak spot, mobile subscriber additions missing estimates.