FCOM Fidelity MSCI Communication Services Index ETF

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Verizon Overhauls Consumer Mobile and Broadband Plans, Scraps Fees

Verizon Overhauls Consumer Mobile and Broadband Plans, Scraps Fees

Verizon announced a significant overhaul of its consumer offerings, introducing new, simplified plans and eliminating activation and upgrade fees in a bid to...

Google must overhaul search rankings, targeting AI Overviews bias

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 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...

Comtech Sells Satellite Segment for $157.5M, Pivots to Public Safety Tech

Comtech Sells Satellite Segment for $157.5M, Pivots to Public Safety Tech

Comtech Telecommunications Corp. (CMTL) signed a definitive agreement to sell its Satellite and Space Communications segment to Gilat Satellite Networks...

🟢 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...

🟢 Fidelity MSCI Communication Services Index ETF is trading 1.7% up today on a broad risk-on rally and lower Treasury yields

Fidelity MSCI Communication Services Index ETF is trading 1.7% higher in pre-market as investors rotate into growth and communication services stocks alongside...

Meta Limits Open-Source AI For Muse Spark, Citing Bio-Risk

Meta Limits Open-Source AI For Muse Spark, Citing Bio-Risk

Meta Chief AI Officer Alexandr Wang confirmed the company’s open-source strategy is unsuitable for its most advanced frontier models. Meta will keep the new...

Paramount Wins DOJ Approval for $100B Warner Bros. Discovery Merger

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...

Meta Finalizes Manus Split, Triggering Potential $1 Billion Buyback

Meta Finalizes Manus Split, Triggering Potential $1 Billion Buyback

Meta Platforms Inc. finalized its operational separation from Manus on June 12, 2026. This move terminates all data exchange between the two entities. The...

Canada bans social media for under-16s, threatening 10% revenue fines

Canada bans social media for under-16s, threatening 10% revenue fines

The Canadian government introduced Bill C-34 to ban children under 16 from social media platforms. Companies must block access unless they implement approved...

Meta leases Reliance 168MW data center, accelerating global AI expansion

Meta leases Reliance 168MW data center, accelerating global AI expansion

Meta Platforms leased a 168-megawatt AI data center in Jamnagar from Reliance Industries. The facility expands Meta’s global AI capabilities for its family of...

Meta launches $115M trade academy, securing its AI infrastructure pipeline

Meta launches $115M trade academy, securing its AI infrastructure pipeline

Meta launched America’s Workforce Academy with a $115 million investment. This program trains skilled workers for data center construction and technical...

AT&T, Verizon, T-Mobile Join Cable Rivals, Combating Network Vandalism

The three largest U.S. wireless carriers—AT&T, T-Mobile, and Verizon—joined a cable industry initiative to combat surging network vandalism. This unified front...

Bybit launches tokenized SpaceX IPO access, opening elite deals to retail

Bybit launches tokenized SpaceX IPO access, opening elite deals to retail

Bybit launched IPO Express to provide tokenized access to Initial Public Offerings. The platform offers these tokens at the official offering price. SpaceX...

Google signs $30 billion SpaceX deal, securing NVIDIA chips for Gemini

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...

AT&T, Verizon lose Supreme Court case, face $200M in FCC fines

AT&T, Verizon lose Supreme Court case, face $200M in FCC fines

The U.S. Supreme Court ruled 8-1 to uphold the Federal Communications Commission's authority to fine wireless carriers without a jury trial. This decision...

🔴 Fidelity MSCI Communication Services Index ETF is trading 1.5% down today as a strong jobs report drives yields higher

Fidelity MSCI Communication Services Index ETF is trading 1.5% down today as a strong May jobs report pushed Treasury yields higher and led markets to price in...

🟢 Fidelity MSCI Communication Services Index ETF is trading 1.9% up today as investors rotate from AI-heavy tech into defensive communication platforms

Fidelity MSCI Communication Services Index ETF is trading 1.9% up today as communication services stocks outperform in a mixed market, with investors rotating...

Meta launches Plus subscriptions globally, seeking to offset AI costs

Meta launches Plus subscriptions globally, seeking to offset AI costs

Meta Platforms launched paid Plus subscription tiers globally for Instagram, Facebook, and WhatsApp. These offerings establish a monetization path to reduce...

Meta Launches Plus Subscriptions Globally, Targeting Billions in New Revenue

Meta Platforms launched paid Plus subscription tiers globally for Instagram, Facebook, and WhatsApp. These tiers offer premium features including custom app...