Market Movers: AT&Ts Data Breach Impact, Insider Moves at Nextera, and More

1. At&T (NYSE: T)
At&T gained solidly by 5.19%. AT&T reported Q2 revenue of $29.8 billion, slightly below market expectations, with non-GAAP EPS matching predictions at $0.57. The company experienced significant network interruptions and a substantial data breach affecting 110 million customers. Plans include expanding connected learning centers by 2027.

2. Nextera Energy (NYSE: NEE)
Nextera Energy gained solidly by 4.59%. Nextera Energy reported insider transactions on July 23, 2024. BMO Capital, Barclays, and Citigroup updated their ratings and price targets for Nextera. Nextera's Q2 2024 financial results will be reported on July 24, 2024.

3. Thermo Fisher Scientific (NYSE: TMO)
Thermo Fisher Scientific gained solidly by 4.08%. Thermo Fisher Scientific will report its Q2 2024 financial results on July 24, 2024. The company has replaced its China President. Analysts maintain various ratings: Evercore ISI with Outperform at a $600 target, Barclays with Equal-Weight at a $600 target, and Jefferies with Buy at a $650 target.

4. Bristol-Myers Squibbmpany (NYSE: BMY)
Bristol-Myers Squibbmpany gained solidly by 3.96%. Bristol-Myers Squibb will report its Q2 financial results on 2024-07-26. Deutsche Bank and Barclays maintain a hold rating on the company with price targets of $45.00 and $41.00 respectively. Bristol-Myers Squibb's PD-1 antibody drug has filed for a new indication in China.

5. Tennectivity Ltd. (NYSE: TEL)
Tennectivity Ltd. gained solidly by 3.61%. HSBC downgraded TE Connectivity to Hold, setting a price target of $162.00. Vertical Research initiated coverage with a Hold rating and a $155.00 price target. B of A Securities maintained a Buy rating with a $170.00 target.