---
title: "Communications Services Shares Lose Ground — Communications Services Roundup"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293387364.md"
description: "U.S. communications services stocks declined ahead of earnings reports as Treasury yields rose. SpaceX shares rebounded after a seven-session losing streak, with Macquarie analysts viewing the dip as a buying opportunity. AT&T is set to kick off telecom earnings on Wednesday. Additionally, the Trump administration sought phone records related to NYT reporters' sources."
datetime: "2026-07-21T21:09:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293387364.md)
  - [en](https://longbridge.com/en/news/293387364.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293387364.md)
generator: "portal-rs"
---

# Communications Services Shares Lose Ground — Communications Services Roundup

Stocks in the U.S. communications services companies fell ahead of earnings reports while Treasury yields climbed.

SpaceX's stock snapped a bruising seven-session losing streak on Tuesday. The stock shed 21% during that period, creating a buying opportunity for investors, according to Macquarie analysts led by Paul Golding. They wrote in a Monday note to clients that SpaceX's SPCX "story" is virtually unchanged even as its stock has taken a beating. 

The Trump administration sought phone records tied to relatives of New York Times reporters earlier this month in its effort to identify the journalists' sources, according to a letter the Times submitted to a federal judge that was unsealed Monday. 

AT&T kicks off earnings reports for telecom stocks on Wednesday morning. 

Write to Patrick Sullivan at patrick.sullivan@wsj.com 

(END) Dow Jones Newswires

July 21, 2026 16:52 ET (20:52 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

### Related Stocks

- [SPCX.US](https://longbridge.com/en/quote/SPCX.US.md)
- [NYT.US](https://longbridge.com/en/quote/NYT.US.md)
- [T.US](https://longbridge.com/en/quote/T.US.md)
- [SPCH.US](https://longbridge.com/en/quote/SPCH.US.md)
- [SPCF.US](https://longbridge.com/en/quote/SPCF.US.md)
- [SPAL.US](https://longbridge.com/en/quote/SPAL.US.md)
- [SNK.US](https://longbridge.com/en/quote/SNK.US.md)
- [SSPC.US](https://longbridge.com/en/quote/SSPC.US.md)
- [SPCU.US](https://longbridge.com/en/quote/SPCU.US.md)
- [LOFF.US](https://longbridge.com/en/quote/LOFF.US.md)
- [MQG.AU](https://longbridge.com/en/quote/MQG.AU.md)
- [T-A.US](https://longbridge.com/en/quote/T-A.US.md)
- [TBB.US](https://longbridge.com/en/quote/TBB.US.md)
- [T-C.US](https://longbridge.com/en/quote/T-C.US.md)

## Related News & Research

- ['This Isn't the Time,' Says Investor About SpaceX Stock](https://longbridge.com/en/news/296503573.md)
- [Trump bought shares in Elon Musk's SpaceX in June, financial disclosure shows](https://longbridge.com/en/news/296815446.md)
- [Bernstein Reaffirms Their Buy Rating on SpaceX (SPCX)](https://longbridge.com/en/news/296602218.md)
- [Cognition CEO denies report that SpaceX tried to acquire the startup](https://longbridge.com/en/news/296405115.md)
- [Elon Musk Denies SpaceX Sought to Buy AI Startup Cognition, Says Talks Only Centered on Grok](https://longbridge.com/en/news/296478283.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**