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Biogen Beats

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🚨 🚨 Biogen Q3 23 Earnings: Adj EPS $4.36; Rev $2.53B (est $2.40B); Sees FY Adj EPS $14.50 To $15.00 Saw $15.00 To $16.00; Now Sees Low Single Digit Percentage Decline For Yr Rev

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30-Year Mottgages Drop

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🏠 🏡 BREAKING: The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) decreased last week to 7.61% from 7.86%

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ECB’s Nagel: To Early For Rate Cuts

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🇪🇺 🇪🇺 ECB’s Nagel: Discussion On When Interest Rates Can Be Cut Is Not Helpful, It Is Much, Much Too Early

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Israel Bonds Raise $1 Billion

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🇮🇱 🇮🇱 Israel Bonds, which is registered in the US and separate but affiliated to the Ministry of Finance, has sold more than $1 billion of bonds since Oct. 7. That’s a record for a monthly period and has almost doubled the organization’s issuance for the year so far

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Cross Over To The Dark Side

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🧠 🧠 Cross Over To The Dark Side. A World Where Boundaries Are Blurred. Algo Generated Trade Alerts On Your WhatsApp With 90% Accuracy For Global Stocks, FX, ETF and Futures. Gain Access To Specialised Financial Videos On Vimeo Telling You The Whys And Hows To Recurring Income In The Global Markets. Know the Moves Before the Market Does
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The Lottery Ticket Of AI

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🚨 🚨 UBS: “If OpenAI is now actively courting software developers to build apps using ChatGPT/GPT-4, lowering price points and improving model performance, it could drive greater OpenAI consumption of Azure and serve as a modest positive for Microsoft”
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BOE: Policy Will Need To Be Restrictive

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🇬🇧 🇬🇧 BoE’s Bailey: Basic Message Is That We Believe Policy Will Need To Be Restrictive For Extended Period, There Are Upside Risks; Really Too Early To Be Talking About Cutting Rates

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Blackrock: $4T Of Cash Is Sitting Idle

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🚨 🚨 BlackRock says a $4 trillion pile of idle cash is a major issue facing global investors as they figure out where the capital is going
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Samsung Unveils AI Gauss

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🇰🇷 🇰🇷 Samsung Unveils Generative AI Model Amid Global Race – Nikkei

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Dollar Rises For A Third Day

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💵 💵 Update: The dollar’s rebound extended for a third day on Wednesday after some Federal Reserve policymakers left the door open to further rate hikes, as traders looked to a speech from Chair Jerome Powell on the central bank’s future policy path
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