Thursday, December 26, 2024
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Sprint Stock Soars 70% on T-Mobile Merger Approval – Will Consumers Hold the Bag?

Sprint and T-Mobile have won a major lawsuit in their quest to merge. The deal is great for Sprint’s investors, but it will dramatically reduce competition in the industry. This merger is a major setback for anti-trust concerns in the United States, and it may harm consumers. Sprint’s (NYSE:S) stock soared over 70%

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Bitcoin Price Soars as Jerome Powell Confirms Crypto’s Threat To U.S. Dollar

The price of bitcoin jumped on Tuesday after Jerome Powell stressed that the Fed is investing a significant amount into digital currency developments. Adding fuel to the fire, Powell also acknowledged how quickly crypto could become a systemic risk to the USD. China’s “Belt and Road” initiative is expected to roll out

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