FCOM is trading at $65.91, down 2.27%, as investors sell AI-linked shares amid concerns that a Democratic-controlled Congress could increase scrutiny of AI and data-center expansion.
- Wider technology and market weakness, semiconductor declines, and Qualcomm’s weak handset outlook are adding to sector risk aversion.
- FCOM is also moving with broader equity weakness; its communications-services exposure makes AI concerns a sector-specific headwind.