Macro
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month values ▾
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|
| +0.20 | +0.20 | +0.20 | +0.30 | +0.30 | +0.30 | +0.46 | +0.35 | +0.47 | +0.40 | +0.40 | +0.40 |
The communication sector turned mildly bullish this month, driven primarily by AT&T’s landmark decision to split into three public companies, signaling a strategic pivot toward streamlined operations and focused business units. This historic breakup is seen as a move to unlock shareholder value and enhance competitive agility in a fragmented market. While broader macro conditions remain stable, the sector’s sentiment was lifted by this concrete, sector-specific catalyst.
How this mood is scored ▾
Walt Disney Co. is acquiring Capital Cities/ABC for $19 billion, creating the world’s largest entertainment conglomerate and marking the second-largest corporate deal in U.S. history. The merger unites Disney’s content production with ABC’s broadcast network and assets like ESPN, enhancing global reach and synergy potential. Analysts see the move as transformative for the media industry, boosting Disney’s competitive edge and signaling continued network value in the evolving media landscape.
AT&T is splitting into three publicly traded companies, focusing on communications services, equipment, and computing, following the failure of its NCR acquisition. The move will cut 8,500 jobs in the computer division and reduce earnings by $1 billion, but its shares surged 10% on investor optimism. The restructuring reflects a strategic retreat from computing to core telecom and credit-card operations, with no regulatory approval expected.