FCOM News and Press, Fidelity MSCI Communication Services Index From 05/26/22

The recent carnage in the stock market offers Meta's management a good opportunity. In the last twelve months, Facebook has spent over $50 billion on buybacks and the company has another $30 billion in authorized capital for buybacks. Facebook’s trailing twelve months free ...

AT&T shareholders have been somewhat disappointed in the past decade – at least in relative performance. A leaner and better-focused AT&T is well-positioned to deliver asymmetric returns in the next decade to come. A 5x data increase on AT&T networks is expected...

AT&T is not likely to increase its dividends until 2024. Instead, AT&T will be focusing on debt reduction and investments in its core business. The company, through these efforts, may potentially see valuation appreciation. Market volatility may make AT&T more attr...

ZipRecruiter has done really well in 2021 and the start of the year amidst a tight labor market. This is to be applauded, as shares have been lagging quite a bit. Softer growth concerns, a higher share count than expected, and lower current margins make me cautious, despite more m...

We're seeing declining asset prices from bond to equities, and in some cases, real assets because of higher inflation. We are seeing early signs that inflation is starting to moderate. Equity market is currently pricing in the probability of a mild recession. For further det...

The streaming market will continue to grow with CAGR of 12.5% y/y from 2021 to 2024. We are assured the battle for consumer and their wallets will intensify further in 2022 because of declining consumer saving as percentage of total disposable income and decelerating growth rate. ...

Today, we take a look at Adtech concern Magnite, Inc. which was the result of a merger back in the first half of 2020. The shares have plummeted during the recent bear market that has descended upon equities in 2022. Can the stock rally from current levels? A full investment analy...

Shares of Spanish language media concern Hemisphere Media Group, Inc. (HMTV) have fallen 70% since its abandoned secondary offering in November 2021. The company’s acquisition of Pantaya has yet to result in a surge of subscribers but has raised its net leverage significantly. ...

Verizon’s stock has been annihilated since reporting earning on the 22nd. The company lowered guidance from up slightly to flat for the remainder of 2022. The stock is down nearly 10% in short order. Nonetheless, I feel the selloff is overdone, offering an excellent opportunity...

Netflix got hammered again recently, bringing its total decline down to 75% from its all-time high several months ago. The streaming giant lost subscribers for the first time in more than ten years. However, the stagnant growth period could be transitory. Moreover, Netflix is grow...