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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.
SK Telecom (NYSE: SKM) aims to scale AI data center capacity from an initial 5GW in 2029 to 15GW by 2035, one of the more ambitious infrastructure roadmaps announced by a telecom operator.
Lumen Technologies (NYSE: LUMN) shares fell roughly 4.5% amid broad weakness across the Communication Services sector, which declined 3% in the second quarter.
Iridium Communications (NASDAQ: IRDM) shares surged 25% to close near their 52-week high after Rocket Lab (NASDAQ: RKLB) announced a definitive agreement to acquire the company for $54 per share.
Wedbush began coverage of Space Exploration Technologies (NASDAQ: SPCX) with an Outperform rating, setting a $190 price target that implies significant upside from current trading levels.
Nasdaq confirmed that Space Exploration Technologies (NASDAQ: SPCX) will join the Nasdaq-100 index on July 7, formalizing one of the most anticipated index additions of the year.
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