AT&T Raises 2026 Outlook as Dell AI Adoption Tops 6,500
AT&T reported Q3 revenue growth of 5.3% to $32.3B, raised 2026 adjusted EPS outlook to ~$2.40. Philip Morris saw Q3 revenue rise 5.5% to $11.4B, adjusted EPS up 5.4% to $2.36. Moody's reported 1% revenue growth to $2.023B, reaffirmed 2026 adjusted EPS forecast of $16.50-$17.00. Dell announced AI adoption by 6,500 enterprises.
How this was made
The 30-second read
Why it matters
Collectively, the news provides fresh earnings guidance and adoption metrics that can shift short‑term price expectations for each ticker.
Market read
First‑report earnings and guidance updates for large caps, offering actionable trading signals.
What to watch
Moody’s reaffirmed guidance may mask underlying credit market risks; Dell’s AI numbers lack revenue detail.
Background
The article aggregates Q3 earnings and guidance updates for four major companies, plus a Dell AI adoption update.
Ticker impact
AT&T raised its 2026 adjusted EPS outlook to $2.40 after Q3 revenue growth and a $2.6B impairment related to its Mexico sale.
likely upside as the market prices in the higher EPS outlook
The raise is a fresh, material change for a large cap and the first report of the new guidance.
Philip Morris International reported Q3 net revenue of $11.4B and raised its full‑year adjusted EPS forecast to $8.29‑$8.44.
moderate upside as investors digest the improved outlook
First disclosure of the new full‑year EPS range for a major tobacco company.
Moody’s posted Q3 revenue of $2.023B, EPS of $4.24 and reaffirmed its 2026 EPS forecast of $16.50‑$17.00.
limited movement, likely hold as guidance remains unchanged
Results are a routine earnings release with no surprise beyond the beat.
Dell Technologies announced that over 6,500 enterprises have adopted its AI Factory, up from 5,000 in the prior quarter.
potential upside as the market views AI traction as a growth catalyst
First report of a significant increase in AI factory adoption, relevant for Dell’s revenue outlook.
Market effects
The guidance lift for AT&T and AI adoption growth for Dell may buoy telecom and technology sectors.
U.S. large‑cap equities could see modest gains from the positive earnings surprises.
Limited to U.S. markets; no direct global macro impact.
Counterpoint
AT&T’s impairment charge and declining EPS per share could signal deeper operational challenges despite the guidance raise.
Key entities
- companyAT&T
Telecom giant raising 2026 EPS outlook.
- companyPhilip Morris International
Tobacco company reporting higher full‑year EPS guidance.
- companyMoody's Corporation
Credit rating agency reaffirming its outlook.
- companyDell Technologies
Technology firm reporting AI factory adoption growth.
