Communications Services Down on Consumer Fears - Communications Services Roundup

Communications-services fell amid concerns about the impact of gasoline inflation on consumer spending.

The fight between Disney's ABC and the Federal Communications Commission escalated this as the network accused the regulatory agency of potential First Amendment violations in a probe of the talk show "The View."

OnlyFans, the online platform popular with adult-content creators, has agreed to sell a minority stake to an American investment firm in a deal that values the business at $3.15 billion.

Trade Desk fell after the advertising-technology company posted weaker-than-expected earnings for the first quarter and issued weak revenue guidance.

Write to Rob Curran at [e-mail]

(END) Dow Jones Newswires

05-08-26 1716ET