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Bloomberg38d agoneutral
Comcast’s NBC Spinoff Raises Questions About Businesses’ Future

(Bloomberg) -- Brian Roberts lost out on an opportunity last year to merge NBCUniversal with Warner Bros. Discovery Inc. But the process helped get the chairman and co-chief executive officer of Comcast Corp. thinking about what NBCUniversal would look like on its own. Most Read from BloombergTrump’s U-Turn on Iran Sanctions Would Unravel Decades of CurbsUS Stocks Get Tech Boost After AI-Fueled Selloff: Markets WrapCook Stays at Fed But Trump Wins Power Over Other AgenciesSupreme Court Leaves Tr

Comcast Plots Breakup to Take on ‘Big Three’ Telecoms
Barrons.com38d agoneutral
Comcast Plots Breakup to Take on ‘Big Three’ Telecoms

In its latest structural shake-up, Comcast intends to split into two companies through a tax-free spinoff of NBCUniversal and Sky in roughly a year’s time. Under the plan announced Monday, one company will house cable and technology operations while the other holds the NBCUniversal and Sky media businesses. Comcast expects to retain up to a 19.9% stake in the newly formed media entity for a year following the split.

Telecom Turmoil: Comcast Rises 7% on Media Spinoff, AT&T Falls 5% on CFO Exit and Starlink Threat, Verizon Sinks 7% on Dow Exit
24/7 Wall St.38d agobearish
Telecom Turmoil: Comcast Rises 7% on Media Spinoff, AT&T Falls 5% on CFO Exit and Starlink Threat, Verizon Sinks 7% on Dow Exit

U.S. telecom and media giants are moving in opposite directions in midday trading. Comcast (NASDAQ:CMCSA) stock is up 7% to $24.76, while AT&T (NYSE:T) stock is down 5% to $21.52, and Verizon (NYSE:VZ) stock is down 7% to $43.29. The split reflects three distinct catalysts hitting the sector at once. Comcast is rallying on a ... Telecom Turmoil: Comcast Rises 7% on Media Spinoff, AT&T Falls 5% on CFO Exit and Starlink Threat, Verizon Sinks 7% on Dow Exit

Investing.com38d agobearish
Verizon falls 7%, AT&T hits 52-week low as SpaceX and cable rivals converge

Investing.com -- Verizon Communications Inc (NYSE:VZ) is trading 7.6% lower at $43.02 and AT&T Inc (NYSE:T) has touched its 52-week low of $21.29, sliding 5.8% to $21.41, as three separate competitive threats collided on Monday to rattle investor confidence in legacy US telecom carriers. T-Mobile US Inc (NASDAQ:TMUS) is also under significant pressure, trading down 6% at $171.78 and testing its 52-week low of $169.00, making it the worst performer among the three carriers on a one-year basis wit

AT&T (T) Stock Faces A New Test After Russell Top 50 Exit
Simply Wall St.39d agobearish
AT&T (T) Stock Faces A New Test After Russell Top 50 Exit

AT&T (NYSE:T) has been removed from the Russell Top 50 Index as part of the latest index reconstitution. The change affects index-linked funds and mandates that track the Russell Top 50, with potential implications for holdings in AT&T. The removal may influence how institutional investors view AT&T within large cap U.S. equity allocations. AT&T is a major U.S. telecommunications company focused on wireless services, broadband, and media connectivity for consumers and businesses. Index...

Verizon (VZ) Faces A New Rival If Starlink Launches U.S. Mobile Service
Simply Wall St.39d agoneutral
Verizon (VZ) Faces A New Rival If Starlink Launches U.S. Mobile Service

SpaceX is reportedly weighing a Starlink retail mobile internet service in the U.S., which would compete directly with Verizon Communications (NYSE:VZ), AT&T, and T-Mobile. Starlink has secured wireless spectrum licenses and may choose to operate its own retail offering rather than rely on existing carrier partnerships. This potential entry could matter most in rural and underserved areas, where Starlink's satellite network may appeal to customers with limited traditional coverage...

AT&T (T) CFO Announces Retirement
Insider Monkey39d agoneutral
AT&T (T) CFO Announces Retirement

AT&T Inc. (NYSE:T) is one of the 12 Most Profitable S&P 500 Stocks to Invest In. On June 17, 2026, AT&T Inc. (NYSE:T) disclosed that Pascal Desroches announced his retirement as Senior Executive Vice President and Chief Financial Officer on June 11, effective December 31, 2026. AT&T appointed Jennifer Biry as Deputy Chief Financial Officer […]

Dow Jones goes in hard on Verizon
TheStreet40d agoneutral
Dow Jones goes in hard on Verizon

Verizon joined the Dow Jones Industrial Average in 2004, when AT&T was removed and the index needed a new telecommunications name. It held that seat for 22 years. S&P Dow Jones Indices revealed on June 23 that the seat now belongs to someone else. Alphabet (GOOGL) will replace Verizon ...

AT&T is raising 2 fees customers pay monthly
TheStreet40d agoneutral
AT&T is raising 2 fees customers pay monthly

AT&T is once again raising its fees, despite facing elevated customer losses in its wireless business. The carrier’s postpaid phone churn, the percentage of customers who discontinued their wireless service, climbed to 0.89% in the first quarter of 2026, up from the 0.83% churn it ...

Tutor Perini (TPC) Stock After 70% One-Year Surge Is The Rally Getting Stretched
Simply Wall St.40d agobullish
Tutor Perini (TPC) Stock After 70% One-Year Surge Is The Rally Getting Stretched

If you are wondering whether Tutor Perini at around US$79.53 still offers value after its strong run, this article walks through how the current price stacks up against several valuation checks. The stock has logged returns of 2.0% over the past week, 6.8% over the past month, 14.7% year to date and 70.2% over the last year, with a very large gain over three years that is more than 10 times and 486.7% over five years. This naturally raises questions about what is already priced in. Recent...

SpaceX just put every US carrier on notice
TheStreet40d agoneutral
SpaceX just put every US carrier on notice

Every industry runs on a comfortable order, right up until someone from outside decides the rules do not apply to them. In US wireless, that order has held for a long time. Three companies, Verizon (VZ), AT&T (T) and T-Mobile (TMUS), control almost every phone in your pocket. They build the ...