Verizon buys Frontier for $20 billion

Verizon will pay $38.50/share in cash, but could face regulatory problems. (0:15) Unit labor costs show wage inflation cooling more. (1:39) Chinese EV makers rally on Neo results. (2:36)

Show Notes
BofA’s global contenders and defenders list
Tesla plans full self-driving rollout in China and Europe by Q1 2025
ISM Services stays strong in August, topping consensus

Episode transcripts: seekingalpha.com/wsb
Sign up for our daily newsletter here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions.