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S&P 500 Telecom Sector SPDR (NY: XTL )

101.48 +0.25 (+0.25%)
Official Closing Price Updated: 8:00 PM EDT, Nov 1, 2024 Add to My Watchlist
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Headline News about S&P 500 Telecom Sector SPDR

Ciena Downgraded: Analyst Cites Telco Spending Slump And Margins Squeeze
Ciena Corp downgraded by JP Morgan analyst due to limited potential for EPS upside, constrained telco spending, and lower exposure to cloud spending. 
Via Benzinga
5 Best-Performing Sector ETFs Of The Third Quarter
Here are five top-performing ETFs from different sectors of the market that have led the way higher in the third quarter. 
Via Talk Markets
Topics ETFs
5 Sector ETFs Scaling New Highs On Fed Rate Cuts
Sector ETFs, which are the major beneficiaries of a rate cut, rallied to new 52-week highs. 
Via Talk Markets
Topics ETFs Economy
Exposures Interest Rates
Verizon To Acquire Frontier In $20B Deal, Reaffirms FY24 Outlook
Frontier Communications (FYBR) shares are down after Verizon (VZ) announced an acquisition deal valued at $20 billion. The deal is expected to close in 18 months and boost Verizon's revenue and EBITDA... 
Via Benzinga
5 Best-Performing Sector ETFs In Volatile August
After a turbulent start to August on the tech sell-off, Wall Street recently regained some momentum. However, it continued to witness wild swings throughout the month. Here are some ETFs that braved... 
Via Talk Markets
Topics ETFs
Lumentum Set For Growth: Analysts See Strong Recovery Ahead With AI And Telecom Momentum
Lumentum shares up after Q4 results, analysts raise price target. Positive outlook on Telecom & AI market, potential customer wins anticipated. 
Via Benzinga
Topics Artificial Intelligence
Exposures Artificial Intelligence
Trump's Deregulation Agenda: Oil & Gas, Defense, And Finance Stocks May Benefit From Loose Rules, Goldman Sachs Says
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
Topics Government
Exposures Political
What's Going On With AST SpaceMobile Stock Wednesday?
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?
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?
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
Dow Jones closes 0.1% lower; S&P 500 & Nasdaq 100 fall 0.2%; Mixed data on inflation, jobless claims and housing. 
Via Benzinga
Topics Economy Stocks
Exposures Interest Rates US Equities
Frontier's CEO Celebrates Turnaround With Revenue Growth and Customer Base Expansion
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?
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'
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
Topics ETFs
5 Sector ETFs That Outperformed in Turbulent August
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. 
Via Talk Markets
Topics ETFs
Get Ready to Rally: 3 ETFs Primed for a Rebound
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
Via Benzinga
AT&T, Verizon Plummet To Multidecade Lows: Toxic Lead Investigation Sparks Telco Sell-Off, Analysts Head For The Exits
Via Benzinga
3 High-Yield Telecom Stocks Outperforming the S&P 500 in 2021
The demand for telecommunication services increased amid the COVID-19 pandemic as most companies adopted remote working structures. 
Via Talk Markets
Topics Stocks
Exposures COVID-19 US Equities
Over 2.3M US Households Signed for Broadband Subsidy: Reuters
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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