Morningstar

Communications Services Down on Rotation Out of Consumer Sectors — Communications Services Roundup

Provided by Dow Jones Sep 16, 2026, 9:44:00 PM

Communications-services companies fell as traders rotated out of sectors reliant on consumer spending.

ByteDance's artificial-intelligence spending pressured profit in the first half of the year, but the TikTok parent's revenue accelerated as a U.S. regulatory overhang cleared.

Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

September 16, 2026 17:44 ET (21:44 GMT)

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