Communications Services Down on Retreat From Risk - Communications Services Roundup
Communications-services companies fell as traders retreated from risky sectors due to the increased risk of rate hikes.
Shares of Trade Desk fell after the maker of advertising technology unveiled plans to cut 15% of its workers.
The maker of the Nothing smart phone, designed as a more affordable, less flashy alternative to Apple and Samsung products, is among the few consumer electronics companies drawing venture-capital buzz, according to a report in Barron's.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
September 04, 2026 17:27 ET (21:27 GMT)
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