FCOM Fidelity MSCI Communication Services Index ETF

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Disney Sues FCC to Block License Review, Citing Potential Editorial Retaliation

Disney Sues FCC to Block License Review, Citing Potential Editorial Retaliation

The Walt Disney Company filed a lawsuit and a motion for a temporary restraining order against the Federal Communications Commission (FCC) on August 19, 2026....

Meta Faces $200 Billion Trial, Over Instagram and Facebook Child Safety

Meta Faces $200 Billion Trial, Over Instagram and Facebook Child Safety

A pivotal trial began today in a California federal court involving Meta Platforms and a coalition of 29 states. Attorneys general from California, Colorado,...

Charter-Cox $34.5B Merger Approved, Forming Largest US Internet Provider

Charter-Cox $34.5B Merger Approved, Forming Largest US Internet Provider

The California Public Utilities Commission (CPUC) unanimously approved a $34.5 billion merger between Charter and Cox. This decision clears a major regulatory...

🔴 Communications ETF (FCOM) is trading 1.5% down today amid escalating Middle East shipping disruptions

FCOM is trading at $70.36, down 1.51% during the August 17, 2026 session, primarily as escalating Middle East shipping disruptions weigh on risk sentiment. -...

Berkshire Hathaway Adds $10 Billion to Alphabet Stake, Defying Overvaluation Warnings

Berkshire Hathaway Adds $10 Billion to Alphabet Stake, Defying Overvaluation Warnings

Berkshire Hathaway disclosed a $10 billion increase in its Alphabet Inc. stake in its latest quarterly report. The filing was released on August 16, 2026. The...

Charter seals $34.5B Cox merger, creating nation's largest cable provider

Charter Communications (CHTR) secured final approval from the California Public Utilities Commission for its $34.5 billion acquisition of Cox Communications....

Paramount Skydance weighs CNN sale, aiming to clear $110B Warner merger

Paramount Skydance weighs CNN sale, aiming to clear $110B Warner merger

Paramount Skydance Corp is considering a sale of CNN to resolve antitrust concerns. The move aims to salvage the company's proposed $110 billion acquisition...

🟢 Communications ETF (FCOM) is trading 1.56% up today as softer PPI eases rate pressure

FCOM is trading at $71.04 (+1.56%) as softer-than-expected July producer inflation eased pressure on interest rates and supported growth-sensitive...

Meta Faces Federal Trial, Accused of Hooking Kids on Social Media

Meta Faces Federal Trial, Accused of Hooking Kids on Social Media

Meta Platforms begins a federal trial today in Oakland, California, to face lawsuits from four states. California, Colorado, Kentucky, and New Jersey allege...

UNIFI and Partners Sign UGARIT 2 Deal, Reconnecting Syria to Global Markets

UNIFI Communications, the Syrian Telecommunications Establishment (STE), and the Cyprus Telecommunications Authority (CYTA) signed a Construction and...

Meta Launches Muse Glimmer AI, Challenging Chinese Rivals as Shares Rise 1%

Meta Launches Muse Glimmer AI, Challenging Chinese Rivals as Shares Rise 1%

Meta Platforms released Muse Glimmer, an open-weight artificial intelligence model designed for consumer-grade hardware. The model runs on a single graphics...

T-Mobile Shuts Down 2G Network, Completing US Industry Transition to 5G

T-Mobile Shuts Down 2G Network, Completing US Industry Transition to 5G

T-Mobile officially deactivated its 2G GSM network on August 3, 2026. This move makes T-Mobile the final major U.S. carrier to retire the legacy technology....

🔴 FCOM is trading 2.0% down today as communication services stocks lag the broader market

FCOM is trading at $70.20 (-2.04%) amid broad sector weakness in communication services, with the fund's heavy exposure to the group amplifying today's...

🟢 FCOM is trading 1.6% up today as U.S.–Japan currency intervention and easing geopolitical tensions boost risk appetite

FCOM is trading at $69.75 (+1.59%) as communication services move higher amid a broader risk-on tone in U.S. equities and stabilized FX markets. • Market...

🔴 FCOM is trading 1.5% down today as currency intervention reshapes global risk flows

FCOM is trading 1.5% down in pre-market as the communication services sector reacts to a rare U.S.–Japan coordinated currency intervention and volatility in...

🟢 FCOM is trading 1.6% up today on broad risk-on sentiment and currency intervention

FCOM is trading 1.6% up today as broad risk-on sentiment and easing geopolitical tensions lift U.S. equity futures. • The move appears sector-wide rather than...

Meta India Head Sued Over Anti-Modi Videos, Global Executives Summoned

Meta India Head Sued Over Anti-Modi Videos, Global Executives Summoned

Hyderabad authorities initiated legal proceedings against Meta India head Arun Srinivas on July 31, 2026. The action follows the circulation of videos critical...

Meta Faces Q2 Earnings Test, Massive AI Spending Sparks Profitability Fears

Meta Faces Q2 Earnings Test, Massive AI Spending Sparks Profitability Fears

Meta Platforms reports second-quarter earnings after the market closes on July 29. Investors are focusing on the company's massive capital expenditure on...

🔴 FCOM is trading 3% down today on Meta-led sector selloff and AI capex concerns

FCOM is trading 3% down today as the communication services sector reacts to Meta’s earnings and aggressive AI capital expenditure plans. • Meta’s projected...

Meta Faces AI Spending Scrutiny, With 2026 Capex Nearing $145 Billion

Meta Platforms reports second-quarter earnings after the market closes on July 29. Investor focus has shifted to the company's massive capital expenditure for...