Treasury Yields Reach 24-Year Highs, Telecom Stocks Sell Off: This Week On Wall Street
S&P 500 tops 7,800 as Treasury yields hit 24-year highs. AT&T, Verizon and T-Mobile sank thanks to SpaceX. Bank earnings and CPI are next.
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Analyst Raises Concerns Over Wireless Carrier Pricing and Retention Following SpaceX News
Analysts warn that a SpaceX-built phone using its own network could pressure carrier pricing and offer features that existing wireless providers lack.
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QUICK SPARK: AT&T Sinks 11% In Worst Day Since 2000 As SpaceX Spectrum Deal Rattles Carriers
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Why T-Mobile Stock Just Crashed
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