FCOM Fidelity MSCI Communication Services Index ETF

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Meta Cuts 8,000 Jobs, Funding Massive Artificial Intelligence Expansion

Meta Cuts 8,000 Jobs, Funding Massive Artificial Intelligence Expansion

Meta Platforms started laying off approximately 8,000 employees this week. The company is restructuring to increase efficiency and finance large-scale...

Meta to Cut 8,000 Jobs, Funding AI Expansion

Meta to Cut 8,000 Jobs, Funding AI Expansion

Meta Platforms is cutting approximately 8,000 jobs. This reduction represents 10% of the company's total workforce. The layoffs are scheduled to begin this...

Google resets Android with Gemini Intelligence, debuting Googlebooks and XR glasses

Google resets Android with Gemini Intelligence, debuting Googlebooks and XR glasses

Google announced its most significant strategic shift since the launch of Android. The company unveiled Gemini Intelligence ahead of the May 19 I/O developer...

Meta cuts 8,000 jobs, funding massive artificial intelligence expansion

Meta cuts 8,000 jobs, funding massive artificial intelligence expansion

Meta Platforms will lay off approximately 8,000 employees starting this week. This reduction represents about 10% of the company's total workforce. Management...

Meta slashes 8,000 jobs, launching 22,000-role reduction for AI shift

Meta slashes 8,000 jobs, launching 22,000-role reduction for AI shift

Meta prepares for a significant layoff round scheduled for May 20, 2026. This initial wave involves 8,000 job cuts. The company plans to eliminate 22,000 total...

Baidu Beats Q1 Profit Targets, as ERNIE Bot Offsets Revenue Miss

Baidu Beats Q1 Profit Targets, as ERNIE Bot Offsets Revenue Miss

Baidu reported mixed first-quarter 2026 financial results before the U.S. market open. Earnings per share exceeded analyst expectations. This performance...

AT&T, T-Mobile, Verizon Launch Satellite Venture, Ending US Dead Zones

AT&T, T-Mobile, Verizon Launch Satellite Venture, Ending US Dead Zones

AT&T, T-Mobile, and Verizon reached an agreement in principle to form a joint venture. The partnership aims to eliminate wireless coverage gaps across the...

AT&T, T-Mobile, Verizon Form Joint Venture, Ending Wireless Dead Zones

AT&T, T-Mobile, Verizon Form Joint Venture, Ending Wireless Dead Zones

AT&T, T-Mobile, and Verizon reached an agreement in principle to form a joint venture targeting U.S. wireless coverage gaps. The collaboration focuses on...

AT&T, Verizon, and T-Mobile partner on satellite tech, eliminating dead zones

AT&T, Verizon, and T-Mobile partner on satellite tech, eliminating dead zones

AT&T, Verizon, and T-Mobile announced a new joint venture on May 15, 2026. The collaboration aims to eliminate mobile coverage dead zones through...

AT&T, Verizon, T-Mobile form satellite venture to eliminate dead zones

AT&T, Verizon, T-Mobile form satellite venture to eliminate dead zones

AT&T, Verizon, and T-Mobile formed a joint venture to accelerate direct-to-device (D2D) satellite technology. The partnership aims to eliminate mobile dead...

Alphabet Issues $40 Billion in Bonds, Funding AI Amid Sector Cash Crunch

Alphabet Issues $40 Billion in Bonds, Funding AI Amid Sector Cash Crunch

Alphabet Inc. raised over $40 billion through a multi-currency bond issuance to finance expanding artificial intelligence initiatives. The Google parent...

AT&T, Verizon, T-Mobile form satellite alliance, targeting mobile dead zones

AT&T, Verizon, and T-Mobile US formed a joint venture to accelerate the direct-to-device (D2D) ecosystem. This collaboration creates a technology-neutral...

AT&T, T-Mobile, and Verizon form satellite venture, targeting dead zones

AT&T, T-Mobile, and Verizon form satellite venture, targeting dead zones

AT&T, T-Mobile, and Verizon reached an agreement in principle to form a joint venture. The partnership aims to eliminate wireless dead zones across the United...

AT&T, T-Mobile, Verizon Unite to End Dead Zones, Countering Satellite Rivals

AT&T, T-Mobile, Verizon Unite to End Dead Zones, Countering Satellite Rivals

AT&T, T-Mobile, and Verizon reached an agreement in principle to form a joint venture targeting wireless dead zones across the United States. The carriers will...

AT&T, T-Mobile, and Verizon form satellite venture, challenging SpaceX dominance

AT&T, T-Mobile, and Verizon form satellite venture, challenging SpaceX dominance

AT&T, T-Mobile, and Verizon formed a joint venture to standardize the direct-to-satellite phone market. This partnership ensures satellite services remain...

AT&T, T-Mobile, and Verizon Form Satellite Alliance, Targeting U.S. Dead Zones

AT&T, T-Mobile, and Verizon Form Satellite Alliance, Targeting U.S. Dead Zones

AT&T, T-Mobile, and Verizon reached an agreement in principle to form a joint venture aimed at eliminating U.S. wireless dead zones. The initiative utilizes...

AT&T, Verizon, and T-Mobile partner to end dead zones via satellite

AT&T, Verizon, and T-Mobile partner to end dead zones via satellite

AT&T, Verizon, and T-Mobile reached an agreement in principle to form a joint venture. The partnership aims to eliminate wireless coverage gaps across the...

🟢 FCOM is trading 1.8% up today on news of a satellite-to-device joint venture between AT&T, T-Mobile, and Verizon

FCOM is trading 1.8% up in after-hours sessions following news that AT&T, T-Mobile, and Verizon have agreed to form a satellite-based direct-to-device joint...

AT&T, T-Mobile, and Verizon launch satellite venture, eliminating US dead zones

AT&T, T-Mobile, and Verizon launch satellite venture, eliminating US dead zones

AT&T, T-Mobile, and Verizon reached an agreement in principle to form a joint venture on May 14, 2026. The partnership utilizes satellite-based,...

AT&T, T-Mobile, and Verizon partner on satellite venture to end dead zones

AT&T, T-Mobile, and Verizon partner on satellite venture to end dead zones

AT&T, T-Mobile, and Verizon reached an agreement in principle to form a joint venture. The collaboration utilizes satellite-based, direct-to-device (D2D)...