Communications services companies fell after weak earnings from one cable giant.
Comcast shares slid as investors appeared to zero in on a bigger-than-expected drop in broadband customers, rather than the cable and entertainment company's fourth-quarter earnings beat.
Amazon is ramping up ad spending on Elon Musk's X, according to people familiar with the situation, a major shift after pulling much of its advertising more than a year ago, when many brands had concerns about hate speech on the platform.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
January 30, 2025 18:19 ET (23:19 GMT)
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