Telecom

Zoom posted third-quarter adjusted earnings of $1.52 a share.

Bitcoin price slides, delayed jobs report doesn’t make Fed’s path clearer, Walmart beats expectations as shoppers flock to bargains, and more news to start your day.

Chief Executive Daniel Schulman, who took the top job last month, wrote to the staff on Thursday.

Dycom reported fiscal third-quarter earnings per share of $3.63 from sales of $1.5 billion. Wall Street was looking for $3.20 and $1.5 billion, respectively, according to FactSet.

The cuts are set to happen in the next week, with the company also planning to transition 200 stores to franchised locations, a report said.

Shares in the wireless carrier have slipped 11% over the past three months, but that's a good buying opportunity, according to KeyBanc.

Monday, AST SpaceMobile reported a third-quarter per-share loss of 45 cents from sales of $14.7 million. Wall Street was looking for a 22-cent loss from sales of $19.9 million.

Brent Penter, of Raymond James, has upgraded shares to Buy from Hold. His price target is $52.

iPhone maker Apple and cloud-computing and online retailing giant Amazon post better-than-expected earnings.

Alphabet stock rises but Microsoft and Meta fall after the tech giants report quarterly earnings.

Shares are down 24% this year, tumbling as investors fret about a drop in broadband subscriber numbers.

Nvidia rises after President Donald Trump says he may discuss the company’s advanced Blackwell chips with Chinese President Xi Jinping when they meet Thursday. Earnings are expected Wednesday from Microsoft, Alphabet, and Meta Platforms.

New boss Dan Schulman promised "bold and fiscally responsible action" as he bids to revive the wireless carrier's fortunes.

Qualcomm soars after introducing new artificial-intelligence servers meant to compete with Nvidia and AMD, while MP Materials falls as Treasury Secretary Scott Bessent says he expects China to defer its tightened export controls on rare-earth materials.

Tesla rises and IBM falls after reporting quarterly earnings, while quantum-computing stocks soar on a report the Trump administration is considering taking equity stakes in several companies in exchange for federal funding. The Commerce Department denied the report.

The wireless carrier’s shares were down even though it added more subscribers than expected and raised its guidance.

Netflix falls after third-quarter earnings miss analysts’ estimates while Texas Instruments tumbles following a disappointing forecast.

More customers than expected switched to the wireless carrier's cellphone plans over the third quarter, which helped to boost shares.

Apple stock was climbing as sales of the iPhone 17 series have outstripped the iPhone 16 series

Apple stock rises after analysts at Loop Capital boost their rating on the iPhone maker to Buy from Hold, while Nvidia unveils the first Blackwell wafer made in the U.S. with a chip produced by Taiwan Semiconductor Manufacturing.

The company is strategically ahead of peers Verizon and AT&T, with the broadest 5G coverage, Wells Fargo analysts say.

Citi analyst Michael Rollins thinks an ‘elevated promotional environment, will weigh on Verizon’s third-quarter financial results.

The agreement will provide space-based cellular broadband across the U.S.

Electric-vehicle maker Tesla says it will roll out a pair of vehicles starting below $40,000, including a new standard Model Y starting at $39,900.

‘The market is clearly worried about Verizon becoming more aggressive again,” BNP Paribas says.