Verizon Communications Inc. shares, along with AT&T and T-Mobile, declined in after-hours trading following a Bloomberg report that SpaceX is negotiating access to 80,000 U.S. cell sites. This move could enable Starlink to build its own wireless network, posing a potential threat to existing carriers. The stock movement also precedes Verizon's third-quarter earnings report.

Ibex Limited is set to release its first quarter fiscal 2027 financial results after the market close on Thursday, November 5, 2026. The company, an outsourced business services provider and AI-powered customer experience solutions provider, will host a conference call and webcast at 4:30 pm ET to discuss the results and recent developments. Ibex employs over 36,000 customer experience experts globally and offers services across various sectors like retail, healthcare, fintech, and logistics.

Upland Software, Inc. announced it will host a conference call on Thursday, November 5, 2026, at 8:30 a.m. Eastern time to discuss its financial results for the third quarter ended September 30, 2026. The company's financial results will be released via press release after market closes on Wednesday, November 4, 2026. Interested parties can access the call via webcast or by dialing specified toll-free or international numbers.

Meta's board has approved a new class of non-voting Class C common stock, allowing Mark Zuckerberg to sell part of his economic stake without relinquishing voting control. This move comes as Meta faces negative free cash flow and significant projected capital expenditures for 2026, providing a funding tool. A special committee pushed back on Zuckerberg's initial proposal, extending the release period for his stapled shares from four to eight years.

VeriSign operates as the exclusive registry operator for .com and .net top-level domains, collecting an annual fee for each domain under management. The article highlights VeriSign's solid fundamentals and its role as a key custodian of the internet's infrastructure.

T-Mobile US (TMUS) stock may be undervalued despite a recent analyst upgrade, trading around US$158.79. The company has seen a 43.9% return over the past five years, and its current P/E ratio of 16.1x is slightly above the industry average but significantly lower than some peers, suggesting potential undervaluation based on its fundamentals and growth profile. Analysts project continued strong earnings, further supporting the view that the stock's current price does not fully reflect its future potential.

Bitmine Immersion Technologies (BMNR) has seen a recent stock drop despite increased attention from a crypto market surge. While the company's price-to-book ratio suggests it is undervalued compared to peers, a Discounted Cash Flow model indicates it might be significantly overvalued, reflecting uncertainty about its ability to translate rapid growth into sustainable free cash flow. Investors are left to weigh these conflicting valuation signals amidst ongoing losses and a short cash runway.

Western Digital reported a significant increase in fiscal first-quarter profit and revenue, driven by strong demand for data storage, particularly from the build-out of artificial intelligence infrastructure. The company's CEO noted sustained demand for hard disk drives from both core and new customers, including neoclouds and AI frontier labs. The company also announced a lifted dividend.

Argus has raised its target price for Harmonic Inc. (HLIT) to $11.00, citing the company's engagement in broadband access solutions for high-speed internet and versatile video delivery. The current price for HLIT is $10.09. The report was published on October 21, 2026.

Indian technology stocks, including TCS, Infosys, Wipro, HCL Tech, Mphasis, and Coforge, rallied up to 5% today. This surge is attributed to a "reverse AI" trade, prompted by an overnight decline in AI-linked stocks and higher-than-expected US inflation, which raised concerns about AI-related spending by major tech firms. Investors are shifting away from high-growth AI stocks towards more traditional IT services, benefiting Indian companies.