🟢 Communications ETF (FCOM) is trading 2.06% up in after-hours trading after Meta revenue tops estimates

FCOM is trading at $72.25, up +2.06%, chiefly supported by Meta’s Q3 results and Q4 revenue forecast.

• Meta reported $64.60 billion in Q3 revenue, above estimates, and forecast Q4 revenue of $73 billion–$76 billion; its shares rose after hours, supporting FCOM.
• Earlier communications-services weakness, including declines in Netflix and AT&T, limited the sector during regular trading.
• Broader optimism also helped, with the Nasdaq up 1.07% per the provided market context.