FinanceReutersabout 2 hours ago
SpaceX Spectrum Deal Pressures Telecom Stocks
2 min read
SpaceX gained 3.9% after acquiring a nationwide low-band spectrum portfolio, challenging US wireless giants. T-Mobile fell 7.3%, AT&T 5.8% and Verizon 5.4%. US stock futures rose as oil slipped over 1% but stayed above $100 a barrel, while the 10-year Treasury yield held at 5.24%.
Level
Hype check
Tap to vote and see what everyone thinks.
In this storySpaceX
