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Verizon leads 2026 telecom stocks with 29% gain, outperforming AT&T and T-Mobile.

Market News
07 Sep 2026
24/7 Wall Street
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Bullish
Verizon leads 2026 telecom stocks with 29% gain, outperforming AT&T and T-Mobile.

In 2026, Verizon outperformed its telecom rivals with a 29% stock gain, driven by strong subscriber growth, cost improvements, and fiber expansion after acquiring Frontier Communications. AT&T showed modest gains with steady fiber growth and increased buybacks, while T-Mobile's stock fell 9% despite strong revenue and EBITDA growth due to rising competition and shareholder concerns. Investors should watch upcoming Q3 reports for signs of sustained momentum and consider cautious positioning given Verizon's strong run and T-Mobile's pressured valuation.

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Verizon drops 10% after SpaceX's spectrum deal boosts Starlink Mobile but capacity issues remain

Verizon drops 10% after SpaceX's spectrum deal boosts Starlink Mobile but capacity issues remain

Verizon's stock fell about 10% following SpaceX's acquisition of up to 14 MHz of low-band spectrum, enhancing Starlink Mobile's coverage but not fully resolving capacity constraints. Despite the drop, Verizon added 184,000 postpaid phone and 348,000 ...

Market News
Bullish
4 hours ago
ARK Invest sold SpaceX shares before a major spectrum deal announcement shook wireless stocks.

ARK Invest sold SpaceX shares before a major spectrum deal announcement shook wireless stocks.

On October 8, 2026, ARK Invest sold 29,048 shares of SpaceX just hours before Grain Management announced a major deal selling its 800 MHz spectrum portfolio to SpaceX. This spectrum acquisition could enable SpaceX to become a new national wireless co...

Market News
Neutral
4 hours ago
SpaceX buys $8B spectrum to launch new cell service, challenging US telecom giants.

SpaceX buys $8B spectrum to launch new cell service, challenging US telecom giants.

SpaceX, led by Elon Musk, has secured $8 billion worth of cellular spectrum licenses to build a terrestrial network complementing its Starlink satellite service. This move aims to fill coverage gaps using a combination of ground cell towers and satel...

Market News
Neutral
3 days ago
Verizon price target cut to $50 after SpaceX buys wireless spectrum for Starlink Mobile.

Verizon price target cut to $50 after SpaceX buys wireless spectrum for Starlink Mobile.

Scotiabank lowered Verizon's price target from $51.50 to $50 following SpaceX's acquisition of 14 MHz of wireless spectrum in the 800 MHz band for its Starlink Mobile network. This deal intensifies competition in the U.S. telecom market, pressuring V...

Market News
Bearish
3 days ago
Six dividend stocks, including Western Union, show warning signs of potential dividend cuts despite high yields.

Six dividend stocks, including Western Union, show warning signs of potential dividend cuts despite high yields.

Several dividend stocks like Western Union, FedEx, General Mills, Verizon, and Spectrum Brands are showing signs of potential dividend cuts despite some offering high yields. Western Union's yield is nearly 15%, but its stock has fallen significantly...

Market News
Bearish
3 days ago
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