Cable stocks cheapest in S&P 500 as fiber competition pressures broadband pricing

Cable stocks are the cheapest in the S&P 500, but fiber competition is intensifying, driving broadband price cuts and market share losses. Telecoms like AT&T are gaining, while cable operators face structural erosion. Separately, the new Muse AI assistant from Meta creates refund-cancellation risk for subscription businesses like Planet Fitness and Charles Schwab.