Communication services stocks are absolutely crushing it in the S&P 500 right now. Alphabet and Meta? They're the heavy hitters pushing the sector into overdrive.

Here's where it gets interesting: Matt Miskin from Manulife John Hancock Investments dropped some solid insight. Streaming platforms carrying less legacy baggage—think fewer traditional assets weighing them down—are sitting pretty for long-term expansion. Makes sense when you consider how nimble operations beat bureaucratic giants in fast-moving markets.

The takeaway? Tech infrastructure matters, but flexibility matters more. Companies not anchored to outdated systems can pivot faster when market winds shift. That's the real competitive edge as digital consumption patterns keep evolving.