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AT&T, Verizon, and T-Mobile took a beating on Wednesday as investors braced for an orbital clash with Elon Musk. Shares of AT&T (NYSE: T) and Verizon (NYSE: VZ) both fell 4%, while T-Mobile (NASDAQ: TMUS) slid 2%, following a Semafor report that SpaceX is plotting a direct assault on the U.S. wireless oligopoly. The rocket titan is actively hunting urban-grade spectrum—either by snapping up rivals or crashing next year’s federal auction—to build out dense coverage in major cities. The selloff hi

Verizon Communications (VZ) raised its full-year earnings outlook on Friday amid phone subscriber ga

Verizon is discontinuing a customer support option it has offered for 18 years, a move that comes after recently announcing a series of layoffs. The carrier has undergone a transformation under new CEO Dan Schulman in recent months as it works to slow customer losses in its wireless business. This ...

T-Mobile stock fell despite its Q2 earnings beat. Management rejected an expanded Starlink partnership, saying it would not create value.

Wall Street stocks looked set for a weaker open on Wednesday as investors lock in profits in technology stocks ahead of crucial earnings from Google owner Alphabet and Tesla, while escalating tensions in the Middle East push oil prices to six-week highs. Dow Jones futures were down 0.2%,...

(Updates with market moves at the end of the day.) Stocks on Wall Street ended Monday's choppy tr

U.S. wireless carrier Verizon ‌said it ‌will sell 274 company-owned ​retail locations and cut about 500 corporate jobs as ‌part of ⁠its ongoing restructuring. In total, the ⁠moves will impact about 3,000 ​retail and ​corporate ​employees. Verizon ‌will own 1,000 stores after the sale effective Aug. 16.

Wireless carrier Verizon will announce the reorganization plan Thursday morning. The company has been seeking to reduce costs under its new CEO.

Bernstein cut price targets on AT&T, T-Mobile and Verizon on views Elon Musk's Starlink poses a competitive threat. SpaceX stock fell.

US markets are set for a mixed open on Tuesday, with technology stocks expected to come under pressure after Samsung delivered record quarterly profits that still failed to satisfy investors, raising fresh questions about AI valuations. Nasdaq futures were down 1.1% ahead of the opening bell,...

Today, June 29, 2026, index fund rebalancing and new joint venture put fresh pressure on Verizon shares.

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

The Nasdaq broke key support Tuesday as AI stocks sold off, even as SpaceX reversed higher. FedEx and AI chip IPO Cerebras reported late. Micron earnings loom.

Stocks slide as interest rates remain the same and Fed Chair Kevin Warsh starts writing a shorter song for the biggest central bank in the world.

New Mexico’s Justice Department orders banks and other companies to preserve records tied to Jeffrey Epstein and his associates.

Verizon is aiming to attract customers by offering simpler plans, dropping activation and upgrade fees and unveiling a ‌new loyalty program offering discounts and perks. The U.S. company is aggressively ‌competing with AT&T and T-Mobile in the saturated U.S. telecoms market, where network providers have extended device ​subsidies, added plan discounts and increased network infrastructure spending. Verizon said its new program will offer customers 3% back on bills from July that can be used toward new phones or at consumer brands like Sephora, Hilton, Marriott and Starbucks.

The leaner era of Verizon Communications has entered a new phase of targeted reductions. On May 7, the company confirmed a new round of workforce cuts that will affect hundreds of employees. This move arrives less than six months after the company completed a massive 13,000-person reduction, the ...

The telecom company said the reductions affect employees across the U.S., with the largest concentration at its New Jersey headquarters