VOX Stock Recent News

Google parent Alphabet (GOOGL) reported solid first-quarter 2023 results, topping both revenue and earnings estimates. Investors should tap the strength with ETFs with a substantial allocation to Alphabet.

This year, communication services stocks have been the worst-performing segment of the market. Risk-off conditions are gaining pace and VOX typically doesn't fare well when faced with adverse volatility.

The Vanguard Telecom Services ETF could be a safe bet during poor economic conditions. It should be noted that the ETF does not invest in emerging market telecom companies, and has a higher weighting in large growth stocks.

Communication services and media sector-related exchange traded funds are strengthening Friday as Netflix (NasdaqGS: NFLX) shares rallied, following the online streamer's partnership with Microsoft (NasdaqGS: MSFT) for lower-priced, ad-supported services. On Friday, the Vanguard Communication Services (VOX) rose 2.2% and the Invesco Dynamic Media ETF (PBS) increased 3.0%.