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US Not Out Of The Woods Yet

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🌍 🌏 Apollo Global: US not out of the woods when it comes to inflation – risk the Fed is higher for longer
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Epstein Court Documents Unsealed

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🚨 🚨 BREAKING: Names in Jeffrey Epstein court documents unsealed
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Amazon Video Ad Push To Generate $5B

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🛍️ 🛍️ BREAKING: Amazon.com Inc.’s push into video advertising will boost annual revenue by as much as $5 billion, according to a Bank of America analysis, mostly generated by new television-style commercials on Prime Video
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TikTok Eyes $17.5B Shopping Business

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💃 💃 ByteDance Ltd.’s TikTok aims to grow the size of its US e-commerce business tenfold to as much as $17.5 billion this year, posing a bigger threat to Amazon.com Inc
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What A Correction Looks Like

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🇺🇸 🇺🇸 What A Correction Looks Like: The Nasdaq is now down nearly 4% from its high just 3 trading days ago. In other words, the index has erased $600 billion of market cap in 3 days. This also means that the Nasdaq has erased all of its gains back to December 13th. Furthermore, the Magnificent 7 are down ~5% from their highs last week
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Energy Stocks: Not So Soon

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🛢️ 🛢️ Wall Street sees another challenging year for energy stocks as analysts expect abundant oil supplies will keep heightened geopolitical tensions from spurring a significant rally in crude prices
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FOMC Minutes: Path Is Uncertain

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🇺🇸 🇺🇸 SUMMARY OF FED MEETING MINUTES (1/3/24):
Fed views rates likely “at or near their peak”
Fed officials maintain 2% inflation target
Rates are likely o remain restrictive for some time
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🧠 🧠 Bank Of America: “We believe AI is different because the key players are global CSPs [cloud service providers] and enterprises, vs. mostly start-ups focusing on consumer market during the Internet and the VR bubbles. CSPs/enterprises invest AI-related capex to enhance/create business models and increase sales/efficiency”
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BofA: AI Is Different

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🧠 🧠 Bank Of America: “We believe AI is different because the key players are global CSPs [cloud service providers] and enterprises, vs. mostly start-ups focusing on consumer market during the Internet and the VR bubbles. CSPs/enterprises invest AI-related capex to enhance/create business models and increase sales/efficiency”
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USDJPY Trades Above ¥143

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🇯🇵 🇯🇵 USDJPY Climbs Above ¥143 On Correction Mode
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