IYZ Stock Recent News
IYZ LATEST HEADLINES
Cisco (CSCO) beat estimates on both earnings and revenues but provided a weak outlook and revealed plans to lay off 5% of its global workforce, pushing its share price down.
Look into how telecomm ETFs reacted to Q4 earnings.
Telecommunications have become the backbone of our society. iShares U.S. Telecommunications ETF has been a relative underperformer against the S&P 500 for years now, but the price ratio looks like it's bottoming. On the downside, the telecom sector is highly regulated and capital-intensive, which can impact the profitability of companies in this space.
With the Telecom sector posting mixed results for Q2 2023, look into Telecom ETFs to capitalize on the opportunities present.
With AT&T and Verizon reporting their earnings for Q1 of 2023, take a look into how the Telecommunications sector is performing.
The "Halftime Report" traders give their top picks to watch for the second half.
Cisco Systems (NasdaqGS: CSCO) come out with a rare quarterly disappointment, dragging down telecommunication sector-related exchange traded funds, after missing Wall Street's expectations. The iShares U.S. Telecommunications ETF (IYZ) was 2.3% lower on Thursday.
Let's look at some big telecom earnings releases and see if these can impact ETFs exposed to the space.
Let's look at some big telecom earnings releases and see if these can impact ETFs exposed to the space.
In a hypercompetitive industry, I'm going with the best network and growth profile.