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Lumentum Set For Growth: Analysts See Strong Recovery Ahead With AI And Telecom Momentum
August 15, 2024
Lumentum shares up after Q4 results, analysts raise price target. Positive outlook on Telecom & AI market, potential customer wins anticipated.
Via
Benzinga
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Artificial Intelligence
Exposures
Artificial Intelligence
Trump's Deregulation Agenda: Oil & Gas, Defense, And Finance Stocks May Benefit From Loose Rules, Goldman Sachs Says
July 09, 2024
Goldman Sachs predicts a Trump win would lead to deregulation in energy, utilities, financials, healthcare, industrials, materials, and telecom sectors, while consumer discretionary, staples, tech, and...
Via
Benzinga
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What's Going On With AST SpaceMobile Stock Wednesday?
June 05, 2024
Telecom vet Johan Wibergh joins AST SpaceMobile board on June 3. ASTS also partners with Verizon, AT&T, and Apple.
Via
Benzinga
Why Is Telephone And Data Systems Stock Surging Today?
June 03, 2024
TDS announced definitive deal to sell OneNeck IT Solutions and Data Center Holdings to US Signal. Expected to close in Q3 2024, provides additional capital for TDS Telecom's fiber program.
Via
Benzinga
What's Going On With AST SpaceMobile Stock On Wednesday?
May 29, 2024
AST SpaceMobile partners with Verizon to offer direct-to-cellular service in US with $100M commitment. Stock up 16.9% premarket at $6.20.
Via
Benzinga
Major Indexes Close In The Red, Dow Falls Below 40,000 As Investors Make U-Turn On Economic Outlook
May 16, 2024
Dow Jones closes 0.1% lower; S&P 500 & Nasdaq 100 fall 0.2%; Mixed data on inflation, jobless claims and housing.
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Frontier's CEO Celebrates Turnaround With Revenue Growth and Customer Base Expansion
May 03, 2024
Frontier Communications Parent, Inc reported a 1.5% revenue growth and EPS beat in Q1 2024. Fiber products drove revenue while copper-based products declined.
Via
Benzinga
Why Is Networking Company Ciena Stock Plunging Thursday?
March 07, 2024
Ciena reported Q1 revenue decline of 1.8% to $1.04B, beating estimates. EPS of $0.66 also beat consensus. Margins improved. Ciena expects fiscal 2024 revenue of $4 billion - $4.3 billion, down from...
Via
Benzinga
Sell American Express, Consumer Discretionary, Copart And More: CNBC's 'Final Trades'
September 21, 2023
On CNBC’s "Halftime Report Final Trades," Shannon Saccocia of Boston Private named SPDR S&P Telecom ETF (NYSE: XTL), saying telecommunication services sector has
Via
Benzinga
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ETFs
5 Sector ETFs That Outperformed in Turbulent August
August 30, 2023
Wall Street has lost momentum since the start of August, triggered by the series of bank downgrades and fears of higher rates for a longer-than-expected period.
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Talk Markets
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Get Ready to Rally: 3 ETFs Primed for a Rebound
July 26, 2023
The wider market might be back in bull territory, but these three ETFs are late to the party - but not for long.
Via
InvestorPlace
Telecom Stocks Under Pressure As Toxic Lead Cable Concerns Discourage Buyers: 5 ETFs To Watch
July 18, 2023
Via
Benzinga
AT&T, Verizon Plummet To Multidecade Lows: Toxic Lead Investigation Sparks Telco Sell-Off, Analysts Head For The Exits
July 17, 2023
Via
Benzinga
3 High-Yield Telecom Stocks Outperforming the S&P 500 in 2021
September 20, 2021
The demand for telecommunication services increased amid the COVID-19 pandemic as most companies adopted remote working structures.
Via
Talk Markets
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Over 2.3M US Households Signed for Broadband Subsidy: Reuters
June 07, 2021
Congress’s temporary $3.2 billion broadband subsidy program has seen over 2.3 million U.S. households subscribed, Reuters reported based on the Federal...
Via
Benzinga
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