T-Mobile US Inc. reported fourth-quarter results that beat analysts’ projections, benefiting from continued growth in wireless subscribers and home internet customers.

Shares of T-Mobile rose Wednesday morning after the telecommunications company's fourth-quarter results came in above what analysts had expected.

Apple Inc. has been secretly working with SpaceX and T-Mobile US Inc. to add support for the Starlink network in its latest iPhone software, providing an alternative to the company’s in-house satellite-communication service.

Apple has reportedly collaborated with Elon Musk’s SpaceX and US telecom provider T-Mobile to enable support for the Starlink satellite network on iPhones. According to a Bloomberg report, the companies have begun testing the network on select iPhone models running iOS 18.3 through the T-Mobile Starlink beta programme.

Stocks slipped and short-dated bond yields rose, though both pared bigger moves as early concern that the Federal Reserve was growing more worried about inflation got tamped down by Chair Jerome Powell.

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A gauge of the “Magnificent Seven” megacaps dropped 1.5%, with Nvidia Corp. down 6%, as stocks remained lower after the Federal Reserve’s decision to hold rates.

Stocks pared losses after Jerome Powell eased Wall Street’s concerns about lack of inflation progress, saying a reference on that front in the Federal Reserve’s policy statement wasn’t meant to send any signal.

Stock traders took some risk off the table before the Federal Reserve decision, with a trio of tech heavyweights kicking off the megacap earnings season just days after DeepSeek rattled markets.

Apple is finally offering support for Starlink satellite service on iPhones, but only on T-Mobile, and access is still limited.

Stock traders took some risk off the table ahead of the Federal Reserve decision, with a trio of tech heavyweights kicking off the megacap earnings season just days after DeepSeek rattled markets.