The major U.S. index futures are currently pointing to a slightly lower open on Wednesday, with stocks likely to see further downside after ending yesterday's choppy session modestly lower.Stocks may extend the pullback seen over the past few sessions, which has seen the major averages close lower for three straight days as traders cash in on recent strength in the .Despite the recent weakness, the major averages are still poised to post substantial gains for the full year.The tech-heavy Nasdaq is heading ...

Core Viewpoint - The media and telecom sectors have experienced significant events over the past year, including tariff threats and megamergers, indicating a dynamic landscape that is expected to continue into the next year [1] Group 1 - The year has been marked by notable developments in media and telecom stocks, suggesting a volatile market environment [1] - Anticipation for further changes and events in the upcoming year is high, reflecting ongoing transformations within the industry [1]

Core Insights - Dycom Industries, Inc. (DY) is benefiting from improved execution in fiber-to-the-home, hyperscaler-driven fiber builds, wireless programs, and service and maintenance work, supported by strong public infrastructure funding and optimism surrounding the Broadband Equity, Access and Deployment (BEAD) program [1][4] - The company's contract revenues increased by 13% year over year to $4.09 billion during the first nine months of fiscal 2026, with adjusted EBITDA margin rising by 140 basis points to 14.1% [1][8] - Dycom's days sales outstanding (DSO) improved to 105 days, a 14-day year-over-year reduction, indicating better project management and billing discipline [2][8] - The company has a backlog of $8.22 billion, with nearly $5 billion expected to convert within the next 12 months, allowing for more efficient planning of labor and equipment [3][8] - Earnings estimates for fiscal 2026 and fiscal 2027 have trended upward, indicating expected year-over-year growth of 26.9% and 35%, respectively [5][6] Market Performance - Dycom's shares have increased by 42.3% over the past six months, outperforming the Zacks Building Products - Heavy Construction industry, the broader Construction sector, and the S&P 500 Index [7] - The stock is currently trading at a forward 12-month price-to-earnings (P/E) ratio of 24.65, which is a premium compared to industry peers [11][13] Competitive Landscape - Other market players such as Quanta Services, Inc. (PWR) and Primoris Services Corp. (PRIM) present substantial competition in the public infrastructure market, particularly in telecommunications and power infrastructure projects [10]

NEW YORK, Dec. 29, 2025 /PRNewswire/ -- IQSTEL Inc. (NASDAQ: IQST) ("IQSTEL" or the "Company") today issued a year-end shareholder recap highlighting a transformational 2025 marked by its successful NASDAQ uplisting, a revenue run rate of approximately $400 million, expanding profitability with a $2.7 million Adjusted EBITDA run rate, strategic growth in Fintech and Cybersecurity, and the announcement of the Company's first-ever shareholder dividend. The recap underscores IQSTEL's evolution into a diversifi ...

AT&T Inc. (T), valued at $174.8 billion by market cap, is a major American multinational telecommunications and technology services company headquartered in Dallas, Texas. AT&T offers wireless voice and data services, fiber and broadband internet, fixed wireless and managed connectivity solutions, and related equipment, including handsets and network devices, through its Communications segment, and also serves customers in Latin America with wireless services. It ranks among the world’s largest telecom pro ...

Core Viewpoint - Comcast Corporation (NASDAQ:CMCSA) is viewed as a strong telecom investment, but UBS has maintained a Neutral rating and a $36 price target due to mixed financial conditions ahead of Q4 earnings [1]. Financial Performance Expectations - UBS has slightly reduced its revenue expectations for Comcast, forecasting a 0.8% growth in total company revenue for Q4, alongside a 9.6% decrease in EBITDA, leading to stagnant revenue and a 1.6% EBITDA decline for the entire year [2]. - For 2026, UBS anticipates a 1.9% revenue increase but a more significant 4.8% EBITDA decline, primarily due to the full-year impact of the NBA deal on content profitability and slow connection upgrades [3]. Network Expansion - Comcast announced the completion of its network expansion in Litchfield County, which will enable reliable high-speed internet access for 22,000 new homes and businesses in the area, including nearby communities such as Morris, Thomaston, Torrington, and Watertown [4]. Company Overview - Comcast operates as a media and technology company through various segments, including Residential Connectivity & Platforms, Business Services Connectivity, Media, Studios, and Theme Parks [5].

Group 1 - BCE Inc. is considered one of the best telecom stocks to invest in, with BMO Capital upgrading its rating from Market Perform to Outperform and maintaining a price target of C$37 [1] - The company's dividend has been derisked with reasonable free cash flow payout ratios, alleviating concerns for investors in the high-yield telecom sector [2] - BCE's total revenue increased by 1.3% in Q3 2025, driven by the acquisition of Ziply Fiber, while adjusted EBITDA rose by 1.5% with a margin of 45.7% [3] Group 2 - BCE Inc. provides a range of communication services including wireless, wireline, internet, streaming, and television to various customer segments in Canada [4]

Core Viewpoint - Grupo Televisa, S.A.B. is recognized as a strong telecom stock, with BofA Securities maintaining a Neutral rating and increasing its price target from $2.60 to $3.30, driven by improved cash generation and a projected 5% free cash flow (FCF) by 2026 [1][2]. Group 1: Financial Performance - BofA's upgrade follows the inclusion of Grupo Televisa's third-quarter results, highlighting enhanced cash generation capabilities [1]. - The company is expected to achieve a 5% free cash flow by 2026, indicating a positive financial outlook [1]. Group 2: Risks and Challenges - Despite the positive cash flow outlook, BofA has identified execution risks, including a decline in Sky user numbers and competitive pressures that restrict broadband price increases [2]. Group 3: Strategic Developments - TelevisaUnivision, 45% owned by Grupo Televisa, is showing promising growth, with the VIX streaming service contributing nearly 20% of revenues in 2024 and already achieving profitability [3]. - A recent multi-year distribution agreement between TelevisaUnivision and YouTube TV has restored the media company's networks on the pay-TV service, following a two-month interruption [3]. Group 4: Company Overview - Grupo Televisa, S.A.B. is a leading telecommunications and media company based in Mexico City, operating cable companies and providing direct-to-home satellite pay television services both in Mexico and internationally [4].

América Móvil SAB de CV (NYSE:AMX) ranks among the best telecom stocks to invest in. On December 11, Bank of America Securities began coverage of América Móvil SAB de CV (NYSE:AMX), rating it Neutral and setting a $26 price target on the company’s shares. The firm stated that Latin American telecommunications entered a positive period in 2023-2024, with capital expenditures relaxing following 5G investments and industry consolidation strengthening pricing power. BofA Securities noted that improved cash g ...

Core Insights - Lumen Technologies, formerly CenturyLink, is undergoing a rebranding and strategic pivot towards artificial intelligence (AI), achieving a 38% stock increase through December 22, outperforming the S&P 500's 17% gain [1][4]. Group 1: Company Performance - Lumen's stock has recently performed well, but prospective investors are advised to wait for the company's reality to align with the current hype before investing [2]. - The company has secured significant partnerships with major firms like Microsoft and Alphabet, positioning itself as a key networking provider amid rising AI infrastructure spending [4]. Group 2: Financial Health - Lumen carries over $17.5 billion in long-term debt, which exceeds its market cap of nearly $8 billion, raising concerns about its financial stability [7]. - The company reported a loss of $621 million in Q3 on revenues of $3.08 billion, indicating it is depleting cash reserves faster than its AI initiatives are generating returns [8]. - Management does not anticipate returning to revenue growth until 2028, highlighting the challenges of transitioning from a legacy business model to a high-growth industry while managing substantial debt [10][11]. Group 3: Strategic Outlook - While Lumen aims to be the "backbone of the AI economy," investors are cautioned to wait for evidence of sustained profitability and debt reduction before fully embracing this vision [12].