EchoStar

ECHO

Market cap $26.2B

As of Aug. 5, 2026, three stocks in the communication services sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

Echostar NASDAQ: ECHO said its Hughes business filed for Chapter 11 bankruptcy protection after the unit's $1.5 billion bond maturity came due on Aug. 1 and discussions with bondholders did not produce what the company called a workable solution.

EchoStar (ECHO) came out with quarterly earnings of $0.19 per share, beating the Zacks Consensus Estimate of a loss of $0.29 per share. This compares to a loss of $1.06 per share a year ago.

ENGLEWOOD, Colo., Aug. 03, 2026 (GLOBE NEWSWIRE) -- EchoStar Corporation (NASDAQ: ECHO) reported second quarter 2026 total revenue of $3.58 billion, compared to $3.72 billion in 2025.

Tom Yeung here with your Sunday Digest . Imagine you own a small, successful restaurant chain.

EchoStar Corporation (Nasdaq: ECHO) will host a conference call to discuss its second quarter financial results on Monday, August 3, 2026, at 12 p.m. ET.

Transaction boosts AT&T's 5G capacity nationwide, giving customers across the U.S. a stronger, faster connection Key Takeaways: Acquisition adds approximately 50 MHz of low-band and mid-band spectrum to AT&T's holdings – covering virtually every market across the U.S., strengthening AT&T's position in advanced connectivity across 5G and fiber. AT&T reiterates the financial outlook and capital allocation plan provided in its second-quarter 2026 earnings release.

As of July 22, 2026, three stocks in the communication services sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

Salesforce is our clearest expression of the system-of-record thesis. It holds the customer relationships of a large slice of the corporate world. Atlassian is a new position this quarter. We think Atlassian that sits at the center of how software gets built is a fine place to own in a decade defined by building more of it. Over the quarter, we exited four positions: Meta, Intuitive Surgical, Shopify, and EchoStar. Each was a good business.

SpaceX (SPCX) has landed. The hunt for proxy stocks is still in play.