Geopolitics Alpha

Quebecor Earnings: Record Net Additions Drive Growth in Wireless, but Accounting Flatters Earnings

Published . Updated .

Key takeaways

  • Exposed: XLC, T, VZ, TMUS, SPOT
  • Market reaction: XLC −1.1% on the day (still updating); T −0.2% on the day (still updating); SPOT −2.4% on the day (still updating)

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GEOPOLITICS ALPHAQuebecor Earnings: Record NetAdditions Drive Growth inWireless, but Accounting Flatters…GEOPOLITICS ALPHA

This report is about telecoms.

Directly affected

  • No company is named in this report.

Indirectly affected

  • XLC Communication Services Select Sector SPDR-0.6% 13d

    Communication Services Select Sector SPDR: it holds telecom companies. Linked by “wireless” (telecoms) in this story.

  • T At&T-15.5% 30d

    At&T (telephone communications (no radiotelephone)): telecoms move with network spending and rules. Linked by “wireless” (telecoms) in this story.

  • VZ Verizon Communications-4.5% 30d

    Verizon Communications (telephone communications (no radiotelephone)): telecoms move with network spending and rules. Linked by “wireless” (telecoms) in this story.

  • TMUS T-Mobile US-6.8% 30d

    T-Mobile US (radiotelephone communications): telecoms move with network spending and rules. Linked by “wireless” (telecoms) in this story.

  • SPOT Spotify Technology S.A+13.5% 30d

    Spotify Technology S.A (radio broadcasting stations): telecoms move with network spending and rules. Linked by “wireless” (telecoms) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
XLC-3.57%-4.45%base-1.14%after closeafter closeafter close
T-4.26%-1.83%base-0.18%after closeafter closeafter close
VZ-5.42%-2.36%base+0.65%after closeafter closeafter close
TMUS-7.40%+0.68%base+1.08%after closeafter closeafter close
SPOT-11.27%-5.42%base-2.44%after closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Quebecor Earnings: Record Net Additions Drive Growth in Wireless, but Accounting Flatters Earnings Morningstar

Source: Morningstar

Price since this story was published: Select Sector Spdr Tr (XLC)

CompanyWhenMoveStatus
Spotify Technology S.A (SPOT)that day-2.44%still updating
Spotify Technology S.A (SPOT)three days earlier-5.42%final price
Spotify Technology S.A (SPOT)five days earlier-11.27%final price
At&T (T)that day-0.18%still updating
At&T (T)three days earlier-1.83%final price
At&T (T)five days earlier-4.26%final price
T-Mobile US (TMUS)that day+1.08%still updating
T-Mobile US (TMUS)three days earlier+0.68%final price
T-Mobile US (TMUS)five days earlier-7.40%final price
Verizon Communications (VZ)that day+0.65%still updating
Verizon Communications (VZ)three days earlier-2.36%final price
Verizon Communications (VZ)five days earlier-5.42%final price
Select Sector Spdr Tr (XLC)that day-1.14%still updating
Select Sector Spdr Tr (XLC)three days earlier-4.45%final price
Select Sector Spdr Tr (XLC)five days earlier-3.57%final price

Trades by members of Congress and officials in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

Who gains and who loses around Select Sector Spdr Tr (XLC)

Companies carried with this story

  • XLC Select Sector Spdr Tr

    For “Quebecor Earnings: Record Net Additions Drive Growth in Wireless, but Accounting Flatters Earnings,” Select Sector Spdr Tr (XLC) is linked, with no stored direction, medium confidence. Reason on file: Communication Services Select Sector SPDR: it holds telecom companies. Linked by “wireless” (telecoms) in this story

  • T At&T

    At&T (T) is linked, with no stored direction, medium confidence in the 5 Nov 2026 story “Quebecor Earnings: Record Net Additions Drive Growth in Wireless, but Accounting Flatters Earnings.” Reason on file: At&T (telephone communications (no radiotelephone)): telecoms move with network spending and rules. Linked by “wireless” (telecoms) in this story

  • VZ Verizon Communications

    In “Quebecor Earnings: Record Net Additions Drive Growth in Wireless, but Accounting Flatters Earnings,” Verizon Communications (VZ) is linked, with no stored direction, medium confidence. Reason on file: Verizon Communications (telephone communications (no radiotelephone)): telecoms move with network spending and rules. Linked by “wireless” (telecoms) in this story

  • TMUS T-Mobile US

    In “Quebecor Earnings: Record Net Additions Drive Growth in Wireless, but Accounting Flatters Earnings,” T-Mobile US (TMUS) is linked, with no stored direction, medium confidence. Reason on file: T-Mobile US (radiotelephone communications): telecoms move with network spending and rules. Linked by “wireless” (telecoms) in this story

  • SPOT Spotify Technology S.A

    In “Quebecor Earnings: Record Net Additions Drive Growth in Wireless, but Accounting Flatters Earnings,” Spotify Technology S.A (SPOT) is linked, with no stored direction, medium confidence. Reason on file: Spotify Technology S.A (radio broadcasting stations): telecoms move with network spending and rules. Linked by “wireless” (telecoms) in this story

Select Sector Spdr Tr (XLC)

The 5 Nov 2026 story “Quebecor Earnings: Record Net Additions Drive Growth in Wireless, but Accounting Flatters Earnings” names Select Sector Spdr Tr (XLC) because of this story.

The link for Select Sector Spdr Tr (XLC) is this: Communication Services Select Sector SPDR: it holds telecom companies. Linked by “wireless” (telecoms) in this story

A second company, At&T (T), is listed for a different reason: At&T (telephone communications (no radiotelephone)): telecoms move with network spending and rules. Linked by “wireless” (telecoms) in this story

Dates in the story, and the Select Sector Spdr Tr (XLC) price range

T traded between 20.52 and 24.96 across 20 sessions. The latest close on file is 21.40. VZ traded between 42.51 and 47.77 across 18 sessions. The latest close on file is 46.18. XLC traded between 109.66 and 115.60 across 10 sessions. The latest close on file is 111.62.

How strong the case is around Select Sector Spdr Tr (XLC)

40 out of 100Price not final

“Quebecor Earnings: Record Net Additions Drive Growth in Wireless, but Accounting Flatters Earnings” scores 40 out of 100. The score uses 1 sources, and 5 linked companies. The price is not final yet.