Top 3 Tech And Telecom Stocks That May Fall Off A Cliff This Quarter
Three communication services stocks flashing warning to momentum investors: NIQ RSI 70.7, down 1.8% at $18.72. RDIB RSI 74.6, up 17.2% at $17.70. VEON RSI 72, up 0.7% at $62.32.
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VEON is revising its 2026 outlook RevisedPrevious Revenue Growth (YoY, USD)15%–18%11%–14%EBITDA Growth (YoY, USD)9%–12%7%–10%Capex Intensity (ex-Ukraine)15%–17%15%–17%
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Three communication services stocks flashing warning to momentum investors: NIQ RSI 70.7, down 1.8% at $18.72. RDIB RSI 74.6, up 17.2% at $17.70. VEON RSI 72, up 0.7% at $62.32.
VEON Ltd. reported strong 2Q26 results with 17.0% YoY revenue growth to USD 1,271 million and digital revenue surging 53.6% YoY to USD 342 million. The company raised its full-year 2026 guidance, projecting revenue growth of 15-18% (previously 11-14%) and EBITDA growth of 9-12% (previously 7-10%). Digital customers reached 227.7 million, with financial services revenue growing 48.5% YoY. VEON completed a USD 1.4 billion bond offering and announced a minimum USD 100 million annual share buyback program.