---
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)
---

# 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.

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