FCOM Fidelity MSCI Communication Services Index ETF
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🟢 Communications ETF (FCOM) is trading 1.72% up today on lower oil prices and improved geopolitical sentiment
FCOM is trading 1.72% up today, driven primarily by Monday’s broad risk-on opening, lower oil prices, and macro positioning. - U.S. equities rose as oil eased...
Verizon files to discontinue copper landlines, unlocking billions for 5G upgrades
Verizon filed an application with the Federal Communications Commission (FCC) to discontinue traditional copper-based landline services. The move targets areas...
Netflix Sinks on Wells Fargo Downgrade, Citing 2026 Viewership Slump
Wells Fargo downgraded Netflix (NFLX) to Underweight from Equal Weight. The bank cut its price target to $57 from $80, establishing one of the most bearish...
Meta launches Meta One subscription service, pivoting from ad-based revenue
Meta launched Meta One globally as a tiered subscription service for Instagram, Facebook, and WhatsApp. This model introduces premium tools, increased AI...
Japan’s Top Carriers Partner to Accelerate 5G Millimeter-Wave Expansion
KDDI, NTT DOCOMO, SoftBank, and Rakuten Mobile signed a memorandum of understanding to jointly study 5G millimeter-wave expansion. This partnership aims to...
🟢 Communications ETF (FCOM) is trading 1.7% up today as Meta leads communication services higher
FCOM is trading at $73.31, up 1.71%, as Meta-led communication services stocks outperform weaker markets. • The S&P 500 Communications Services Index was up...
Nvidia eyes Anthropic IPO stake, bridging hardware and AI software
Nvidia is in discussions to make a significant investment in the upcoming initial public offering of artificial intelligence startup Anthropic. The deal would...
Meta Loses AI Star to Anthropic, Signaling Limits of Pay Strategy
Andrew Tulloch, a prominent artificial intelligence researcher, has left Meta Platforms to join competitor Anthropic. Tulloch served as a key figure in Meta’s...
Meta Upgraded by JPMorgan, Citing Muse AI Monetization Potential
JPMorgan upgraded Meta Platforms (META) to Overweight from Neutral. The bank raised its price target to $820 from $640. This revision represents a 28% increase...
Verizon signs multi-billion dollar Corning fiber deal, targeting AI growth
Verizon Communications Inc. signed a multi-billion dollar supply agreement with Corning for high-density optical fiber. The long-term commitment extends...
Vodafone Idea hits 52-week high, clearing ₹363 crore tax dispute
India's Supreme Court dismissed the central government's plea to revive a ₹363 crore GST demand against Vodafone Mobile. The ruling ends a long-standing...
Elliott Management targets Deutsche Telekom, fights T-Mobile US merger
Elliott Management acquired a stake in Deutsche Telekom to block its planned merger with T-Mobile US. The activist investor is pushing the German firm to...
🟢 Communications ETF (FCOM) is trading 1.9% up on September 3, 2026, as bond-market pressure eases
FCOM is trading at $72.44 (+1.88%), benefiting from broad risk-on trading. - The S&P 500 is up 0.56%, the Nasdaq is up 0.80%, and the Dow is up 0.69%. -...
La Caisse Invests CAD 1.76B in India's Largest Telecom Tower Platform, Altius
Global investment group La Caisse announced it has invested approximately INR 121 billion (CAD 1.76 billion) to acquire a 24% stake in Altius Telecom...
🟢 Communications ETF (FCOM) is trading 1.74% up on September 2, 2026 amid communications-services rebound
FCOM is trading 1.74% up on September 2, 2026, primarily as communications-services stocks rebound in a broadly firmer U.S. market. - The S&P 500, Nasdaq...
🟢 Communications ETF (FCOM) is trading 1.8% up today after Meta settlement caps legal exposure
FCOM is trading at $71.61, up +1.83%, benefiting primarily from Meta Platforms’ child-safety litigation settlement, which capped potentially much larger legal...
Meta pays $17 billion, settling state lawsuits over child safety
Meta Platforms will pay up to $17 billion to settle a landmark lawsuit brought by a bipartisan coalition of U.S. states. The lawsuit accused the company of...
Paramount postpones $110B Warner Bros. Discovery deal, citing state legal challenges
Paramount Skydance postponed its $110 billion acquisition of Warner Bros. Discovery. The companies pushed the projected closing date to June 2027. This...
Disney Denied Fast-Track FCC Hearing, Prolonging Broadcast License Uncertainty
A U.S. District Judge denied The Walt Disney Company’s request for an expedited hearing against the Federal Communications Commission (FCC) on August 21, 2026....
Charter acquires Cox and Liberty Broadband, scaling to challenge global rivals
Charter Communications completed its acquisition of Cox Communications and Liberty Broadband Corporation today. The transaction expands Charter’s footprint to...