Communications Services Down Amid AI Agent Worries - Communications Services Roundup
Dow Jones
Sep 23
Communications-services companies fell amid concerns about the impact of artificial-intelligence agents on the sector.
Among the functions AI assistants could provide people would be management of streaming subscriptions.
Netflix shares fell after analysts at brokerage HSBC cut their rating on the streaming service's shares, citing stiffer competition for creators from YouTube, among other factors.
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