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Stock impact report

A close-up of Wall Street's new S&P 500 communication services sector [Reuters]

Meta Platforms, Inc. - Class A (FB) 
Last meta platforms, inc. - class a earnings: 4/29 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.fb.com/home/default.aspx
Company Research Source: Reuters
A close-up of Wall Street's new S&P; 500 communication services sector | Reuters 4 Min Read NEW YORK (Reuters) - The new S&P; 500 communication services sector, which includes such high-profile names as Facebook ( FB.O ), Alphabet ( GOOGL.O ) and Netflix ( NFLX.O ), is set to debut on Monday, as part of the largest-ever overhaul of Wall Street’s broad business sectors. Under the shakeup of the Global Industry Classification Standard (GICS) those stocks and others are being moved out of the technology and consumer discretionary sectors into the new sector, which will be a bulked-up version of the former telecommunications sector .SPLRCL. S&P; Dow Jones Indices and MSCI have maintained the widely used industry classification system since 1999, and the reshuffling is meant to reflect how the tech, media and consumer industries have evolved. The telecom sector, currently about 2 percent of the entire S&P; 500, is expected to have a roughly 11 percent weighting under its new communica Show less Read more
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