9AM Hour: Comcast Soars on Split Decision, Stocks Rebound, SpaceX to Join Nasdaq 100 6/29/26
About this episode
Carl Quintanilla, David Faber and Sara Eisen led off the show with Comcast shares soaring: The company announced plans to split into two independent publicly traded companies, through a tax-free spin-off of NBCUniversal and Sky. The anchors also discussed stocks rebounding, as the Nasdaq and S&P 500 look to snap their respective five-day losing streaks. Also in focus:
SpaceX to be added to the Nasdaq 100 next week, Rocket Lab buys Iridium Communications for $8 billion in cash and stock as it looks to take on SpaceX, Fed Chairman Kevin Warsh in the spotlight ahead of his appearance at this week's ECB forum, Alphabet officially enters the Dow, Michael Santoli's perspective on action in the Magnificent 7 stocks.
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