Macro
Search catalysts, news stories, and pressures, or browse the trust-weighted news feed below.
month values ▾
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|
| +0.12 | +0.50 | +0.50 | +0.50 | +0.60 | +0.60 | +0.60 | +0.60 | +0.60 | +0.51 | +0.70 | +0.70 |
Peak telecom/dot-com mania: massive fiber capex, IPO frenzy and MCI WorldCom's $129B Sprint bid, the 'largest merger ever', with Nasdaq up 85.6%. The euphoric top for communication owners.
How this mood is scored ▾
Vodafone Group PLC is acquiring AirTouch Communications for $56 billion in a cash-and-stock deal, securing entry into the U.S. market and forming the world's largest mobile operator. The acquisition, pending regulatory approval, follows a bidding war with Bell Atlantic and includes leadership continuity for AirTouch's CEO. The move expands Vodafone's global footprint and strengthens its position in the competitive telecommunications sector.
MCI WorldCom is acquiring Sprint in a $129 billion deal, creating a telecommunications giant with 30% of the US long-distance market and challenging AT&T. The merger, subject to regulatory approval in the US and EU, faces scrutiny over consumer impact and competitive concerns. Deutsche Telekom will sell its 10% Sprint stake for $9.2 billion as part of the transaction.