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Meta leases Reliance 168MW data center, accelerating global AI expansion
Meta Platforms leased a 168-megawatt AI data center in Jamnagar from Reliance Industries. The facility expands Meta’s global AI capabilities for its family of...
Meta launches $115M trade academy, securing its AI infrastructure pipeline
Meta launched America’s Workforce Academy with a $115 million investment. This program trains skilled workers for data center construction and technical...
AT&T, Verizon, T-Mobile Join Cable Rivals, Combating Network Vandalism
The three largest U.S. wireless carriers—AT&T, T-Mobile, and Verizon—joined a cable industry initiative to combat surging network vandalism. This unified front...
Bybit launches tokenized SpaceX IPO access, opening elite deals to retail
Bybit launched IPO Express to provide tokenized access to Initial Public Offerings. The platform offers these tokens at the official offering price. SpaceX...
Google signs $30 billion SpaceX deal, securing NVIDIA chips for Gemini
Alphabet’s Google signed a cloud services agreement to pay SpaceX approximately $920 million per month. The contract totals roughly $30 billion. This agreement...
AT&T, Verizon lose Supreme Court case, face $200M in FCC fines
The U.S. Supreme Court ruled 8-1 to uphold the Federal Communications Commission's authority to fine wireless carriers without a jury trial. This decision...
🔴 Fidelity MSCI Communication Services Index ETF is trading 1.5% down today as a strong jobs report drives yields higher
Fidelity MSCI Communication Services Index ETF is trading 1.5% down today as a strong May jobs report pushed Treasury yields higher and led markets to price in...
🟢 Fidelity MSCI Communication Services Index ETF is trading 1.9% up today as investors rotate from AI-heavy tech into defensive communication platforms
Fidelity MSCI Communication Services Index ETF is trading 1.9% up today as communication services stocks outperform in a mixed market, with investors rotating...
Meta launches Plus subscriptions globally, seeking to offset AI costs
Meta Platforms launched paid Plus subscription tiers globally for Instagram, Facebook, and WhatsApp. These offerings establish a monetization path to reduce...
Meta Launches Plus Subscriptions Globally, Targeting Billions in New Revenue
Meta Platforms launched paid Plus subscription tiers globally for Instagram, Facebook, and WhatsApp. These tiers offer premium features including custom app...
Google overhauls search with Gemini AI, threatening publisher web traffic
Google is overhauling its search engine to prioritize an interactive, AI-powered conversational experience over traditional web links. The new interface...
Meta Plans AI Wearables Blitz to Counter $19 Billion Reality Labs Loss
Meta Platforms plans to release four new smart glasses models and an AI-powered pendant. An internal memo identifies the expansion as a response to massive...
iHeartMedia Plummets 17%, Stalled Sirius XM Merger Talks
iHeartMedia Inc. (IHRT) shares fell nearly 17% following reports of stalled merger negotiations. The stock decline occurred on May 29, 2026, after acquisition...
Meta Launches Enterprise Division, Embedding AI Engineers to Monetize Corporate Tech
Meta Platforms (NASDAQ: META) launched a new Enterprise Solutions division today. The unit integrates Meta’s artificial intelligence tools directly into large...
Meta Platforms Launches Subscription Services, Eyeing Billions in New Revenue
Meta Platforms announced plans on May 28, 2026, to launch subscription services for Facebook, Instagram, and WhatsApp. These offerings will provide users with...
🔴 Communications ETF (FCOM) is trading 13.5% down today amid broad de-risking and thin pre-market liquidity
Communications ETF (FCOM) is trading sharply lower at $65.00, down -13.5% from its prior close of $75.14, amid a broad de-risking trend in growth-oriented...
Meta Faces Instagram Addiction Lawsuit, Supreme Court Rejects Appeal
The U.S. Supreme Court rejected a request by Meta Platforms on Tuesday to block a lawsuit from Vermont’s attorney general. The state alleges the company...
🔴 FCOM ETF (FCOM) is trading 4.5% down today on profit-taking and rotation out of high-beta internet stocks
FCOM ETF (FCOM) is trading 4.5% down today on sector-specific profit-taking and rotation out of high-beta internet and platform stocks following a strong...
🔴 FCOM is trading 4.5% down today on profit-taking in large internet and platform stocks
FCOM is trading 4.5% down today as the communication services sector faces a sharp pullback driven by profit-taking in dominant internet and platform...
Google launches Gemini 3.5 Flash search, its biggest overhaul in 25 years
Alphabet Inc.’s Google launched its most significant search engine overhaul in over 25 years. The global rollout commenced on May 26, 2026. The update...