Communications Services Up as Momentum Returns to the Sector — Communications Services Roundup

Communications services companies saw an increase in stock prices as one of the top-performing sectors this year. However, Paramount Global experienced a decline in shares due to doubts surrounding a potential acquisition by Skydance Media. On the other hand, Samsung Electronics is planning to significantly boost its semiconductor investment in Texas to around $44 billion, according to The Wall Street Journal. For more updates on the market, contact Rob Curran at rob.curran@dowjones.com. (END) Dow Jones Newswires 04-05-24 1744ET.