Lumen Tech said it was partnering with Google Cloud to deliver “advanced cloud and network solutions that meet the rising demands of enterprise customers.”
Raymond James said the adverse reaction of Lumen stock is due to the deal value being lower than the $6 billion to $9 billion stated by a Reuters report in December.
Earnings results often indicate what direction a company will take in the months ahead. With Q4 behind us, let’s have a look at Iridium (NASDAQ:IRDM) and its peers.
Lumen’s stock price has taken a beating over the past six months, shedding 20.5% of its value and falling to $5.07 per share. This may have investors wondering how to approach the situation.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Globalstar (NASDAQ:GSAT) and the rest of the telecommunication services stocks fared in Q4.
Business services providers thrive by solving complex operational challenges for their clients, allowing them to focus on their secret sauce. But increasing competition from AI-driven upstarts has tempered enthusiasm,
and over the past six months, the industry has pulled back by 1.6%. This drawdown was disheartening since the S&P 500 stood firm.
Earnings results often indicate what direction a company will take in the months ahead. With Q4 behind us, let’s have a look at Telephone and Data Systems (NYSE:TDS) and its peers.
