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Benzinga
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Top 2 Tech And Telecom Stocks You May Want To Dump In Q2

1. Disney acquires remaining Hulu stake for $439 million, integrating services. 2. Disney's shares rose 1.6%, signaling strong market interest. 3. Globalstar's stock jumped 6.5% despite poor earnings outlook. 4. Two stocks indicate bearish momentum signals with high RSI values. 5. Boxabl aims for $1 billion to revolutionize housing market production.

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FAQ

Why Bullish?

Disney's seamless integration could enhance subscription growth and investor confidence, historically boosting S&P 500 components.

How important is it?

Disney's strategic acquisition aligns with growth trends seen in tech and media sectors, impacting related stocks in S&P 500.

Why Short Term?

Immediate impact expected due to Disney's acquisition and stock performance, reminiscent of past M&A activity boosts.

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