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Planet Labs (NYSE: PL) jumped approximately 12% in sympathy after Rocket Lab (NASDAQ: RKLB) announced its $8 billion acquisition of Iridium Communications (NASDAQ: IRDM).
Telecom Argentina (NYSE: TEO) shares fell alongside broad weakness in the Communication Services sector, which posted a 3.02% downturn in the second quarter driven by geopolitical tensions.
Array Digital Infrastructure is selling spectrum for $1.17 billion, with $1.0 billion going to Verizon (NYSE: VZ) and $168 million to T-Mobile (NASDAQ: TMUS).
Anterix (NASDAQ: ATEX) reported fiscal fourth-quarter EPS of $0.98, up from $0.49 a year earlier, driven by gains from 900 MHz spectrum exchanges and sales to utility customers.
Liberty Latin America (NASDAQ: LILA) was added to the Russell 2000, 2500, and Small Cap Composite Growth indexes, triggering passive fund inflows and amplifying investor attention.
Ituran Location and Control (NASDAQ: ITRN) fell nearly 2% even as the Nasdaq surged over 2%, reflecting company-specific valuation concerns rather than broader market weakness.
Deutsche Bank has maintained a Buy rating on Vodafone (NASDAQ: VOD), pointing to significant potential upside from current share price levels.
Telefônica Brasil (NYSE: VIV) shares closed modestly lower even as the S&P 500 climbed 1.18% and the Dow hit a record close on easing U.S.-Iran tensions.
Telkom Indonesia (NYSE: TLK) was recently downgraded to Hold, with analysts citing a 24.7% year-over-year decline in FY2025 EPS and below-consensus FY2026 revenue guidance.
SK Telecom's (NYSE: SKM) board approved a ₩397 billion capital injection into AI chip affiliate SKHNPS, underscoring the company's deepening commitment to artificial intelligence infrastructure.
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