telecom stocks

The U.S. telecommunications industry is experiencing a volatile period following a detailed investigation conducted by the Wall Street Journal revealing that telecom companies, such as AT&T Inc. (NYSE:T), Verizon Communications Inc. (NYSE:VZ), Telephone and Data Systems Inc. (NYSE:TDS),...

The Communication Services Select Sector SPDR Fund (ARCA: XLC) rallied nearly 6% on Thursday, on track to post its second-best performing session so far in 2023.  The interactive media and services industry provided the greatest support to the sector performance, with Meta Platforms, Inc...

Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) and AT&T Inc. (NYSE:T) are scheduled to announce their earnings next week. Taiwan Semiconductor stock has lost over 2.5% in the last month. Interestingly, when Warren Buffett was questioned recently by Nikkei Asia on the reason behind Berkshire...

The State of Michigan Retirement System has hiked its stake in Tesla Inc. (NASDAQ: TSLA), Amazon.com Inc. (NASDAQ: AMZN) and Verizon Communications Inc. (NYSE: VZ), while reducing its stake in Meta Platforms Inc. (NASDAQ: META). The fund provides pension services to public school...

Berkshire Hathaway Inc (NYSE: BRK-A) (NYSE: BRK-B) cut its positions in Apple Inc (NASDAQ: AAPL) and piled on stocks of drug, telecom, and oil companies in the latest quarter, according to filings made with the U.S. Securities and Exchange Commission.  What Happened: The Warren Buffett-led...

Telecom equipment provider ADTRAN, Inc. (NASDAQ: ADTN) issued a "weak" guidance first-quarter print Tuesday, according to Argus, prompting a downgrade from the research firm.  The Analyst Argus analyst Jim Kelleher downgraded Adtran from Buy to Hold with no assigned price...

Despite shares of AT&T Inc. (NYSE: T) hitting a new 52-week low of $33.81 Wednesday morning, analysts at Baird aren't ready to throw in the towel. The firm's William Power maintains an Outperform rating on AT&T's stock with a price target lowered from $43 to $42. AT&T's...

Shares of Sprint Corp (NYSE: S) rose more than 7 percent Tuesday morning while shares of T-Mobile US Inc (NASDAQ: TMUS) gained 5 percent after CNBC's David Faber reported the two mobile companies are in active merger talks. Sprint along with its parent company Softbank and T-Mobile and its parent...

T-Mobile US Inc (NASDAQ: TMUS) and AT&T Inc. (NYSE: T) both attended Deutsche Bank's Media and Telecom conference. Here is a summary of what analysts are saying after the presentations. AT&T Deutsche Bank's Matthew Niknam maintained a Hold rating and $42 price target on AT&T...

Telenor ASA, Norway's largest phone company, is said to have hired investment bankers to explore the sale of its stake in VimpelCom Ltd (ADR) (NASDAQ: VIP), a Netherlands-based provider of telecommunications services with operations in 14 countries. Bloomberg, citing "people with knowledge of the...

Tim Savageaux of Northland Capital Markets initiated coverage of four telecom stocks with Outperform ratings. The four names include: ADTRAN, Inc. (NASDAQ: ADTN), Calix Inc (NYSE: CALX), Clearfield Inc (NASDAQ: CLFD) and Communications Systems, Inc. (NASDAQ: JCS). All four names are well exposed...