The Instagram Text App That's Taking on Twitter, Wall Street's Reaction, and the Impact on Stock Market (+13 more stories)

The Daily Business and Finance News Show - Thursday, 6 July 2023 Today's headlines: Instagram launches 'Twitter killer' Threads text app Meta sinks as Wall Street weighs in on Threads launch (update) Nasdaq, S&P, Dow end lower on rate concerns, jobs data; focus turns to payroll numbers Treasury yields spike; US2Y jumped above 5% and the US10Y climbed above 4% Austin is becoming ground zero for autonomous driving tests Twitter threatens to sue Meta Platforms over Threads launch Ford trades lower after reporting Q2 U.S. sales Simon Property raised to Outperform at Wolfe, calling it a 'cash engine' Exxon sees lower natural gas prices, refining margins slashing Q2 earnings Joby Aviation extends rally as FAA certification process advances Mullen Automotive announces $25M stock repurchase program UBS says stocks look too optimistic after the Fed minutes and the idea of a soft landing OPEC is looking to recruit new members to oil producer alliance Cronos Group seesaws amid report of takeover interest BofA highlights July’s top 10 growth and value stocks Long-term mortgage rates rise to their highest level in 2023 Explanations from OpenAI ChatGPT API with proprietary prompts. This podcast is produced by Klassic Studios Learn more about your ad choices. Visit megaphone.fm/adchoices