FCOM Fidelity MSCI Communication Services Index ETF
Company Analysis
Latest News
🔴 FCOM is trading 2.1% down today amid risk-off sentiment and hawkish Fed commentary
FCOM is trading 2.1% down today as the communication services sector tracks a broader risk-off move in U.S. equities and pressure on growth-oriented...
🔴 FCOM is trading 1.5% down today amid higher-rate concerns and growth-stock weakness
FCOM is trading at $72.33 (-1.52%) as the communication services sector faces significant pressure from a broader market selloff and rising interest rate...
Netflix Secures MLB Home Run Derby, Pivoting to Live Sports
Netflix secured exclusive rights to stream the MLB Home Run Derby. This marks the company's first major entry into live U.S. sports broadcasting. The move...
🟢 FCOM is trading 1.62% up today as cooling inflation boosts rate-sensitive sectors
FCOM is trading at $73.26 (+1.62%) as the communication services sector moves higher following a June CPI report that came in softer than expected. • The...
Netflix Secures MLB Home Run Derby, Pivoting to Live Sports Ads
Netflix secured exclusive rights to stream the MLB Home Run Derby. This deal marks the company's first major expansion into live U.S. sports broadcasting. The...
Vodafone gains Xavier Niel as top shareholder, following £4.4 billion deal
Xavier Niel’s investment vehicle, Vega, agreed to acquire a 16.2% stake in Vodafone Group Plc. The transaction is valued at approximately £4.4 billion. The...
🟢 FCOM is trading 1.5% up today as the communication services sector gains, driven by AI optimism and mixed mega-cap performance
FCOM is trading 1.5% higher today, reflecting an overall gain in the communication services sector. • The rise is bolstered by investor optimism in large-cap...
Meta to Launch Custom AI Chips in 2026, Reducing Nvidia Dependence
Meta plans to begin production of its proprietary artificial intelligence chip in September 2026. This initiative scales the Meta Training and Inference...
Meta launches Muse Image AI, sparking privacy concerns over photo use
Meta Platforms launched Muse Image, its first artificial intelligence model for image generation. Meta Superintelligence Labs developed the tool to create...
🔴 FCOM is trading 1.5% down today amid Middle East tensions and Meta legal overhang
FCOM is trading 1.5% down today as escalating Middle East tensions and a massive proposed penalty for Meta Platforms trigger a sector-wide sell-off. •...
Meta faces $1.4 trillion penalty, over youth addiction claims
Meta Platforms faces a $1.4 trillion penalty demand from four U.S. states in an upcoming trial. California, Colorado, Kentucky, and New Jersey allege the...
Comcast's Sky to Buy ITV Media Arm for $2.14 Billion, Challenging Streamers
Comcast’s Sky division agreed to acquire ITV’s media and entertainment business for up to £1.6 billion ($2.14 billion). The transaction includes an upfront...
SK Telecom to build 15GW AI data centers, targeting Asian hub status
SK Telecom announced plans on July 5 to construct 15 gigawatts of AI data center capacity in South Korea. The project aims to establish the nation as a primary...
Meta Launches Meta Compute to Sell AI Power, Challenging Cloud Giants
Meta Platforms is forming a new business unit called Meta Compute to sell excess artificial intelligence computing power. The initiative offers access to AI...
Comcast to Spin Off NBCUniversal, Separating Media Assets from Xfinity
Comcast announced on June 30, 2026, that it will spin off its NBCUniversal media and entertainment division into a separate, publicly traded company. The move...
Comcast to Spin Off NBCUniversal Media, Shares Surge Over 20%
Comcast announced a tax-free spin-off of its media assets on Monday. The move separates the firm into two independent, publicly traded companies. One entity...
Google limits Meta’s Gemini access, stalling internal AI projects
Google restricted Meta Platforms' access to its Gemini AI models. The provider could not fulfill the full computing capacity Meta requested. Google notified...
Fox to Acquire Roku for $22 Billion, Ending Platform Neutrality
Fox Corporation announced a definitive agreement to acquire Roku for approximately $22 billion. The transaction values Roku at $160 per share. Fox will pay for...
SpaceX eyes US cellular network to rival AT&T and Verizon
SpaceX President Gwynne Shotwell confirmed the company is considering building a land-based cellular network in the United States. This infrastructure would...
Meta to automate 90% of content reviews by 2026, cutting costs
Meta Platforms plans to transition over 90% of human content review requests to large language models by the end of 2026. The company already handles...