Communications services stocks grabbed the spotlight this week as Wall Street digested earnings reports from major names, including Alphabet (GOOG [https://seekingalpha.com/symbol/GOOG]) and Verizon (VZ [https://seekingalpha.com/symbol/VZ]). The communications services sector (XLC [https://seekingalpha.com/symbol/XLC]) lost over 14% so far this year, compared to the nearly 13% rise in the broader S&P 500 Index. In this week's earnings recap, four tickers reported results, all of which three reported earnings beats. On the revenue side, two companies exceeded revenue expectations, while two companies trailed estimates. Below are the latest quarterly reports from some key players, which reported results this week: Alphabet (GOOG [https://seekingalpha.
We show the main point publicly. Create a free account to continue reading the full article, save it, discuss it, and connect it with market and OSINT context.