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    With "stock price t" fluctuating near $98, sector rotation from growth to value stocks is impacting momentum. Fund managers report cash inflows into defensive plays, signaling cautious optimism ahead of the Fed's rate decision. Click here for in-depth analysis of the latest stock market news and events moving stock prices AT&T ( NYSE:T - Get Free Report ) last released its quarterly earnings data on Wednesday, April 23rd. The technology company reported $0.51 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.52 by ($0.01). AT&T had a net margin of 8.95% and a return on equity of 13.97%. The business had revenue of $30.63 billion during the quarter, compared to the consensus estimate of $30.39 billion. During the same period last year, the company posted $0.55 earnings per share. The business's revenue was up 2.0% compared to the same quarter last year. As a group, sell-side analysts forecast that AT&T Inc. will post 2.14 EPS for the current fiscal year. "Stock price t" volatility dropped to its lowest in three weeks, a sign that traders may be preparing for a directional move linked to upcoming PMI reports.

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