Market’s Big Post-Jobs Rally, and the Latest Industry Disrupted By Amazon 6/2/23

Market’s Big Post-Jobs Rally, and the Latest Industry Disrupted By Amazon 6/2/23

  • Af
  • Episode
    • 1382
  • Published
    • 2. jun. 2023
  • Forlag
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Episode
1382 of 2055
Længde
22M
Sprog
Engelsk
Format
Kategori
Økonomi & Business

The combination of a strong jobs report and the signing of the debt deal helped stocks rise to their highest level in months, with the Nasdaq at its best in over a year. But the rising tide didn’t lift all boats equally. What do you make of the divergence? Plus shares of Verizon, AT&T and T-Mobile all sinking, even as Amazon denied a report that it was looking to develop a mobile phone service. What it means for the telecom trade.

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