Fidelity MSCI Communication Services Index ETF News - June 2026
Comcast to Spin Off NBCUniversal Media, Shares Surge Over 20%
Comcast announced a tax-free spin-off of its media assets on Monday. The move separates the firm into two independent, publicly traded companies. One entity...
Fox to Acquire Roku for $22 Billion, Ending Platform Neutrality
Fox Corporation announced a definitive agreement to acquire Roku for approximately $22 billion. The transaction values Roku at $160 per share. Fox will pay for...
SpaceX eyes US cellular network to rival AT&T and Verizon
SpaceX President Gwynne Shotwell confirmed the company is considering building a land-based cellular network in the United States. This infrastructure would...
Alphabet Replaces Verizon in Dow Jones, Signaling Shift to Digital Giants
S&P Dow Jones Indices will add Alphabet (GOOGL) to the Dow Jones Industrial Average (DJIA). Alphabet replaces Verizon (VZ) in the index. The change becomes...
Fox to Acquire Roku for $22 Billion, Creating New Streaming Powerhouse
Fox Corporation will acquire Roku, Inc. in a cash and stock deal valued at $160.00 per share. The transaction gives the streaming platform an enterprise value...
Google must overhaul search rankings, targeting AI Overviews bias
The UK’s Competition and Markets Authority (CMA) imposed legally binding conduct requirements on Google on June 17, 2026. The regulator ordered Google to use...
Fox Acquires Roku for $22 Billion, Shares Plunge 15%
Fox Corporation acquired streaming platform Roku today in a cash-and-stock deal valued at $22 billion. The merger combines Fox’s live sports and news library...
🟢 Fidelity MSCI Communication Services Index ETF is trading 1.75% up today on a broad risk-on rally and lower Treasury yields
Fidelity MSCI Communication Services Index ETF is trading 1.75% up today as communication services stocks benefit from a broad risk-on move in U.S. equities...
Paramount Wins DOJ Approval for $100B Warner Bros. Discovery Merger
The U.S. Department of Justice (DOJ) cleared the Paramount-Skydance acquisition of Warner Bros. Discovery. This decision removes a major regulatory hurdle for...
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...
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...