Trump says it's 'great news' activist investor involved with AT&T because CNN is 'bad for the USA'

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Trump says it's 'great news' activist investor involved with AT&T because CNN is 'bad for the USA'
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The enterprise cloud company beat analyst expectations on revenue and provided strong guidance for the next quarter and full fiscal year.

President Donald Trump smiles during a news conference to announce Alexander Acosta as U.S. labor secretary nominee in the East Room of the White House in Washington, D.C.on Monday tweeted that he was glad to hear of Elliott Management's stake in AT&T, saying that the activist investor could help the the CNN-parent curb what he categorized as "Fake News."

"Great news that an activist investor is now involved with AT&T. As the owner of VERY LOW RATINGS @CNN, perhaps they will now put a stop to all of the Fake News emanating from its non-credible 'anchors,'" Trump wrote. "Also, I hear that, because of its bad ratings, it is losing a fortune ... But most importantly, @CNN is bad for the USA."

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