FCOM Fidelity MSCI Communication Services Index ETF
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T-Mobile Shares Sink 4.6%, Dragged Down by Sluggish Subscriber Growth
T-Mobile (TMUS) reported second-quarter adjusted earnings of $2.99 per share, exceeding the $2.60 analyst forecast. Service revenues grew 9% year-over-year to...
Meta faces Tennessee trial, accused of making Instagram addictive for teens
Meta Platforms faces a jury trial in Tennessee over claims it knowingly designed Instagram to be addictive for teenagers. This case is one of the first...
Meta Faces Tennessee Trial, Accused of Hooking Teens on Instagram
Meta Platforms began trial in Tennessee today over allegations it intentionally designed Instagram to be addictive and harmful to teenage mental...
Meta pursues $10 billion Anthropic deal, monetizing its massive AI infrastructure
Meta Platforms is negotiating a deal to lease AI data center capacity to Anthropic. The potential agreement is valued at up to $10 billion. The contract would...
Netflix Plunges 10%, Missing Q3 Forecasts and Reducing Data Transparency
Netflix (NFLX) shares dropped over 10% in pre-market trading. The company projects third-quarter revenue of $12.86 billion. This outlook missed Wall Street...
🔴 FCOM is trading 2.1% down today amid risk-off sentiment and hawkish Fed commentary
FCOM is trading 2.1% down today as the communication services sector tracks a broader risk-off move in U.S. equities and pressure on growth-oriented...
🔴 FCOM is trading 1.5% down today amid higher-rate concerns and growth-stock weakness
FCOM is trading at $72.33 (-1.52%) as the communication services sector faces significant pressure from a broader market selloff and rising interest rate...
Netflix Secures MLB Home Run Derby, Pivoting to Live Sports
Netflix secured exclusive rights to stream the MLB Home Run Derby. This marks the company's first major entry into live U.S. sports broadcasting. The move...
🟢 FCOM is trading 1.62% up today as cooling inflation boosts rate-sensitive sectors
FCOM is trading at $73.26 (+1.62%) as the communication services sector moves higher following a June CPI report that came in softer than expected. • The...
Netflix Secures MLB Home Run Derby, Pivoting to Live Sports Ads
Netflix secured exclusive rights to stream the MLB Home Run Derby. This deal marks the company's first major expansion into live U.S. sports broadcasting. The...
Vodafone gains Xavier Niel as top shareholder, following £4.4 billion deal
Xavier Niel’s investment vehicle, Vega, agreed to acquire a 16.2% stake in Vodafone Group Plc. The transaction is valued at approximately £4.4 billion. The...
🟢 FCOM is trading 1.5% up today as the communication services sector gains, driven by AI optimism and mixed mega-cap performance
FCOM is trading 1.5% higher today, reflecting an overall gain in the communication services sector. • The rise is bolstered by investor optimism in large-cap...
Meta to Launch Custom AI Chips in 2026, Reducing Nvidia Dependence
Meta plans to begin production of its proprietary artificial intelligence chip in September 2026. This initiative scales the Meta Training and Inference...
Meta launches Muse Image AI, sparking privacy concerns over photo use
Meta Platforms launched Muse Image, its first artificial intelligence model for image generation. Meta Superintelligence Labs developed the tool to create...
🔴 FCOM is trading 1.5% down today amid Middle East tensions and Meta legal overhang
FCOM is trading 1.5% down today as escalating Middle East tensions and a massive proposed penalty for Meta Platforms trigger a sector-wide sell-off. •...
Meta faces $1.4 trillion penalty, over youth addiction claims
Meta Platforms faces a $1.4 trillion penalty demand from four U.S. states in an upcoming trial. California, Colorado, Kentucky, and New Jersey allege the...
Comcast's Sky to Buy ITV Media Arm for $2.14 Billion, Challenging Streamers
Comcast’s Sky division agreed to acquire ITV’s media and entertainment business for up to £1.6 billion ($2.14 billion). The transaction includes an upfront...
SK Telecom to build 15GW AI data centers, targeting Asian hub status
SK Telecom announced plans on July 5 to construct 15 gigawatts of AI data center capacity in South Korea. The project aims to establish the nation as a primary...
Meta Launches Meta Compute to Sell AI Power, Challenging Cloud Giants
Meta Platforms is forming a new business unit called Meta Compute to sell excess artificial intelligence computing power. The initiative offers access to AI...
Comcast to Spin Off NBCUniversal, Separating Media Assets from Xfinity
Comcast announced on June 30, 2026, that it will spin off its NBCUniversal media and entertainment division into a separate, publicly traded company. The move...