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Podcast: c2stories
Episode: Boeing faces financial struggles (again)
Description: Boeing expects negative cash flow in 2024 due to manufacturing issues. T-Mobile to purchase U.S Cellular's assets for $4.4 billion, gaining over 4 million customers. U.S house price growth slowed in March due to rising mortgage rates. Wall Street hits records amid expectations of U.S central bank interest-rate cuts. Nasdaq hits 17,000 for the first time, boosted by Nvidia. Stocks lose ground as U.S Treasury yields climb. GameStop rises 25%, DraftKing falls over 10%, Apple remains steady. Insmed stocks surge 119% on positive Phase 3 study results.
Bulletin Brief:
Boeing expects a 2024 cash burn and slow...