Communications Services Down as Risk Appetite Wavers - Communications Services Roundup
Communications-services companies ticked down as traders tiptoed back into risky sectors of the market.
Netflix ticked down ahead of its earnings report later in the week.
As tech and communications companies such as Meta Platforms and SpaceX start reporting earnings this week, the emphasis could shift back to the lucrative potential of AI for developers and users, said J.D. Joyce, president of Houston financial advisory Joyce Wealth Management. "I think you're going to see company after company saying 'we're continuing to spend on AI - that's the future and it's going to be important to our business,'" said Joyce.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
October 19, 2026 17:44 ET (21:44 GMT)
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