US equities experienced a mixed session as investors weighed the impact of new tariffs on markets. T-Mobile US reported fewer phone customers than expected, leading to a decline in shares.
Meanwhile, Alphabet’s strong search and advertising growth helped beat profit and sales estimates. The tech giant’s results contributed to the Nasdaq’s gain, while the Dow Jones Industrial Average and S&P 500 fell.
T-Mobile US CEO warned that customers would bear costs if new tariffs increased phone prices. Intel and Avantor also saw their shares decline after disappointing earnings reports.
In contrast, VeriSign’s sales surged due to increasing demand for domain registrations, lifting its shares. Charter Communications beat sales estimates and added more mobile subscribers than expected.
Market indicators showed a decline in gold futures, while oil futures remained steady. The US dollar rose against major currencies, and cryptocurrency prices increased.
Source: https://www.investopedia.com/top-stock-movers-now-t-mobile-us-intel-alphabet-and-more-11721991