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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…
The skinny
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