BullseyeGains
Oct 27, 1:48 AM
The communication services ETF hit its lowest level since June 2025 on Monday, and Meta wasn't the only reason...
$VZ fell more than 3% even after beating on earnings and raising guidance,
$TMUS dropped to a 52 week low, and
$NFLX,
$CMCSA and
$DIS all fell too. Look at who's squeezing them. SpaceX is going after the phone side with its own spectrum and reportedly 80,000 cell sites, and YouTube already gets about 14% of US TV time vs 7.8% for Netflix, per Nielsen. T-Mobile reports Wednesday night. Who's more exposed, the phone companies or the streamers?
0 replies