Finance2 sources

Twilio Stock Declines Due to Slowing Growth, T-Mobile Reports Profit Increase

  • Twilio's stock declined as slowing growth dampened expectations of AI benefits.
  • T-Mobile reported a 27% increase in third-quarter net income to about $3.5 billion.
  • T-Mobile's profit growth is primarily due to higher earnings per account despite fewer new accounts and higher churn.
  • T-Mobile's shares rose 2% in pre-market trading but were flat by midday.
  • The profit increase at T-Mobile is largely attributed to operating leverage.