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Communications Services Down Ahead of Earnings — Communications Services Roundup

Communications services companies ticked down ahead of earnings season.

Mark Zuckerberg, chief executive of Threads parent Meta Platforms, said the new microblogging platform hit 100 million sign-ups less than a week after launching, reaching a tally that’s almost one-fifth the user numbers of the platform Threads was launched to challenge — Elon Musk’s Twitter.

The New York Times said it was dismantling its sports desk and will rely on the Athletic for its daily sports coverage, part of an effort to further integrate the publication it bought for $550 million last year.

A Senate hearing on Tuesday could reveal the extent of congressional opposition to a proposed buyout of the U.S. PGA by Saudi golf organization, LIV.

Write to Rob Curran at rob.curran@dowjones.com

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This article was written by Follow Leo Nelissen is an analyst focusing on major economic developments related to supply chains, infrastructure, and commodities. He...

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