Podknife - Market’s Big Post-Jobs Rally, and the Latest Industry Disrupted By Amazon 6/2/23 by CNBC's "Fast Money"

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

Podcast |: CNBC's "Fast Money"
Publisher |: CNBC
Media Type |: audio
Podknife tags |: Business,; Business News,; Investing,; Stock Market
Categories Via RSS |: Business,; Investing,; News
Publication Date |: Jun 02, 2023
Episode Duration |: 00:22:59

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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