AmazeToken (AMT) news

American Tower REIT Stock Climbs 9.3%, Outperforms Market

This article was automatically generated by Dow Jones using technology from Automated Insights. Shares of American Tower REIT advanced 9.3% to $182.24 on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.6% to 7,811.54 and the Dow Jones Industrial Average rising 0.8% to 51,654.95. This was the stock's sixth consecutive day of gains. American Tower REIT closed 7.1% below its 52-week high of $196.08, which the company achieved on June 5th. The stock demonstrated a mixed performance when compared to some of its peers, as Crown Castle Inc. rose 15.6% to $79.64, SBA Communications Corp. rose 7.3% to $182.49. Trading volume totaled 8.5 million, compared to the 50-day average of 2.5 million. Data source: Dow Jones Market Data, FactSet (END) Dow Jones Newswires October 09, 2026 16:33 ET (20:33 GMT)

US Stock Market Movement | SpaceX spectrum transactions stimulate demand for communication tower leasing, Crown Castle International (CCI.US) surges over 11%

According to information from Zhitong Finance APP, on Friday, Crown Castle International (CCI.US) surged over 11%, and American Tower (AMT.US) rose more than 7%. On October 8, it was reported that SpaceX agreed to acquire nationwide low-frequency spectrum for about $8 billion, aiming to enhance satellite mobile communication services. The related spectrum can improve signal penetration, and the expansion of terrestrial networks may continue to drive demand for communication tower construction. The deal raised expectations that SpaceX may lease available space on existing communication towers in the future to support its ambition to become one of the major wireless operators in the United States. It is noted that Crown Castle International owns, operates, and leases about 40,000 cellular communication towers in the US, providing infrastructure for wireless connectivity; the SpaceX spectrum acquisition increases its relevance to terrestrial network construction and tower leasing.

BUZZ-US mobile base station operators' share prices soar after SpaceX acquires spectrum

On Friday, after SpaceX's SPCX.O completed a nationwide acquisition of low-frequency spectrum, shares of U.S. mobile tower operators surged, enabling Elon Musk's Starlink Mobile to challenge traditional wireless giants. Crown Castle (CCI.N) jumped 11.2% to $76.61, on track for its largest single-day gain since March 2020. American Tower (AMT.N) rose 7% to $178.34, poised for its biggest increase in two years, while SBA Communications (SBAC.O) climbed 6.2% to $180.58. Tower stocks rallied as investors bet SPCX’s ambitions in wireless service could drive new demand for terrestrial infrastructure, leading to sharp declines in the shares of telecom giants AT&T (T.N), Verizon (VZ.N), and T-Mobile US (TMUS.O). JPMorgan said the deal was “incrementally positive” for tower operators, noting it could require deploying towers, rooftop sites, and small cells, while broader urban competition would call for a significant boost in terrestrial infrastructure and spectrum. Amid these developments, CCI is down about 14% year-to-date, SBAC is down roughly 6.5%, and AMT is up nearly 2% in 2026. By comparison, the S&P 500 Real Estate Investment Trusts Index (.SPLRCREC) has gained about 6% so far this year.

American Tower Up 7%, on Pace for Largest Increase Since October 2023 -- Data Talk

American Tower Corporation (AMT) is currently at $178.40, up $11.67 or 7% --Would be highest close since Aug. 25, 2026, when it closed at $178.57 --On pace for largest percent increase since Oct. 26, 2023, when it rose 8.11% --Currently up six consecutive days; up 10.77% over this period --Longest winning streak since Aug. 25, 2026, when it rose for six straight trading days --Best six day stretch since the six days ending Feb. 17, 2026, when it rose 12.74% --Up 9.99% this week; best weekly performance since the week ending Feb. 13, 2026, when it rose 12.16% --Up 8.99% month-to-date --Up 1.61% year-to-date; on pace for best year since 2023, when it rose 1.9% --Down 41.24% from its all-time closing high of $303.62 on Sept. 8, 2021 --Down 4.44% from 52 weeks ago (Oct. 10, 2025), when it closed at $186.68 --Down 8.1% from its 52-week closing high of $194.12 on June 5, 2026 --Up 10.77% from its 52-week closing low of $161.06 on Oct. 1, 2026 --Traded as high as $180.44; highest intraday level since Aug. 26, 2026, when it hit $180.98 --Up 8.22% at today's intraday high; largest intraday percent increase since Oct. 26, 2023, when it rose as much as 9.44% --Third best performer in the S&P 500 today All data as of 9:54:26 AM ET Source: Dow Jones Market Data, FactSet (END) Dow Jones Newswires October 09, 2026 09:56 ET (13:56 GMT)

[U.S. Stock Market Movement] American Tower surged on October 9: SpaceX purchased spectrum + communication tower leasing

Updated: SpaceX spectrum trading triggers industry shock, US and European telecom stocks decline

In early trading of the S&P 500 index components, T-Mobile and Verizon led the declines as the European telecom sector fell to its lowest point since January. According to an updated report with stock price data and charts by Rashika Singh from Reuters on October 9, U.S. and European telecom stocks dropped sharply on Friday amid growing concerns about intensified competition in satellite mobile services after SpaceX’s acquisition of low-band spectrum. T-Mobile US, Verizon, and AT&T saw pre-market losses ranging from 5.5% to 7.4%, while the STOXX Europe 600 Telecommunications Index fell over 2% to its lowest level since January 30. Among the largest European telecom operators by market value, Deutsche Telekom dropped 6.5%, Vodafone decreased by 4.1%, Orange fell by 2.3%, and Telefónica dipped 3.9%. The stock declines followed reports (link) that SpaceX agreed to acquire a nationwide 800 MHz spectrum portfolio from private equity firm Grain Management for approximately $8 billion. This move bolsters SpaceX’s ambitions in satellite-to-cellular network connectivity. Analysts at Morgan Stanley commented, “We believe the Grain deal clearly indicates that SpaceX will pursue a more aggressive approach in spectrum acquisitions,” adding that any threat to existing operators would likely emerge gradually, starting with rural markets. Compared to higher-frequency radio waves, low-band spectrum travels longer distances and more effectively penetrates buildings and obstacles, which may facilitate SpaceX in advancing its Starlink Mobile service. Although financial terms were not disclosed by the parties, The Wall Street Journal cited sources valuing the deal at $8 billion. SpaceX shares rose 4% following the announcement, though the transaction is still subject to regulatory approval. [Chart link: https://www.reuters.com/graphics/BRV-BRV/lbvgxnzxepq/chart.png] Communications tower stocks bucked the sector-wide sell-off, as investors bet that SpaceX’s wireless ambitions would ultimately drive demand for more ground infrastructure. American Tower, Crown Castle, and SBA Communications saw gains between 6.7% and 8.3%. Morgan Stanley noted the deal is a “marginal positive” for communications tower operators, pointing out that even satellite-dominated networks may require the deployment of towers, rooftop and small cell sites, and that broader urban competition would necessitate substantial ground-based infrastructure and spectrum resources. (Reuters provides automated translations of its reports in several other languages for the benefit of non-English readers. Automated translations may be inaccurate or lack necessary context, and Reuters does not guarantee the accuracy of translated texts. Automated translations are provided for convenience only, and Reuters is not liable for any damage or loss caused by the use of automated translation services.)

American Tower schedules Q3 earnings release and conference call

American Tower announces R$ 0.26 per unit dividend for Q3 2026```

--American Tower Keeps Quarterly Dividend at $1.79 per Share, Payable Oct. 20 to Holders of Record Sept. 30

American Tower's CoreSite Expands Oracle Cloud Connectivity to Four US OCI Regions