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IPO: Lineage Logistics

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🛻 🛻 IPO: Lineage Logistics LLC is targeting a valuation of more than $30 billion in an initial public offering, in what could be one of next year’s largest listings
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Charlie Munger Dies

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🇺🇸 🇺🇸 Charles Munger, the alter ego, sidekick and foil to Warren Buffett for almost 60 years as they transformed Berkshire Hathaway Inc. from a failing textile maker into an empire, has died. He was 99
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BNPL Hits Record $940M

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🚨 🚨 Adobe says “Buy Now Pay Later” spending hit an all time high of $940 million on Cyber Monday
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Gold Jumps Above $2020

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🚨 🚨 BREAKING: Spot Gold Climbs Above $2020
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PDD Smashes Estimates

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🇨🇳 🇨🇳 PDD reported third-quarter earnings of 11.61 Chinese yuan ($1.64) a share on revenue of 68.8 billion yuan ($9.7 billion), smashing estimates among analysts surveyed by FactSet
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Boeing Is Undervalued

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✈️ ✈️ Boeing: Wall Street currently projects free cash flow of $3.2 billion, $6.1 billion, and $9.7 billion, for 2023, 2024 and 2025 respectively
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Nvidia Is Cheaper Than Microsoft

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🧠 🧠 Nvidia shares trade at an earnings-per-share multiple of around 23 times its consensus forecast earnings for 2024, and 20 times forecast earnings for 2025, cheaper than peers like Apple and Microsoft
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IPO: Skims

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👗 👗 KIM KARDASHIAN IS PLANING TO TAKE HER CLOTHING COMPANY SKIMS PUBLIC VIA AN IPO AT A $4 BILLION DOLLAR VALUATION AS SOON AS NEXT YEAR
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Goldman: China Tensions May Take Years To Resolve

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🇨🇳 🇺🇸 US-China tensions could take years to resolve, says Goldman Sachs CEO. David Solomon says that there are real differences there between US and China
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Hedge Funds Take Profit

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🚨 🚨 Hedge funds are unwinding tech stock long positions after piling into the big names at a level not seen in two decades. Goldman: Net selling in tech, media and telecom stocks last week was the most since July “and executed long supply (on a notional basis) was the largest in nearly 8 months
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