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Tech stocks rebound as SpaceX acquires spectrum and telecom stocks fall

CNBC · ·by G4L

TJX TJX Companies Inc
$136.92 -0.88%
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  1. 1Tech stocks rebounded after confusion over OpenAI's annual revenue expectations was resolved.
  2. 2SpaceX announced it is purchasing $8 billion worth of spectrum from Grain Management.
  3. 3Telecom stocks plummeted on Friday, with T-Mobile recording a 13% drop.

So what's the key point?

Tech stocks rose again and SpaceX decided to buy spectrum for $8 billion. Meanwhile, telecom stocks fell sharply as T-Mobile dropped more than 13 percent.

Source CNBC · View original ↗

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