Communication Services Stocks News Today (Dec. 20, 2025): Meta, Alphabet, Netflix–Warner Deal Shockwaves, and Telecom M&A Set Up 2026
Meta’s board lost Dina Powell McCormick after eight months, with no replacement planned, Reuters reported Dec. 19. Facebook is testing link-sharing limits for non-paying users, according to the Guardian. The XLC ETF’s top holdings remain Meta and Alphabet, with Warner Bros. Discovery now among the largest entertainment weights. Recent XLC net asset value sits near $116.