China’s CNY Spending Climbs

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🇨🇳 🇨🇳 Chinese travel and spending during the Lunar New Year holiday exceeded levels from before the pandemic. Some 474 million tourist trips were made around the country during the festival, which began Feb. 10 and concluded Saturday — up 19% from the comparable period in 2019, while tourism spending for the holiday climbed nearly 8% from that year
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Radio Is Not Dead

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🇺🇸 🇺🇸 Radio Is Not Dead: Billionaire George Soros is about to be the biggest shareholder in the second-largest radio station group in the US
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Jeff Zucker Buys All3Media

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🦑 🦑 Former CNN boss Jeff Zucker is buying All3Media, the producer of the recent Squid Game reality series, for $1.45 billion

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Walmart Buys Vizio

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📺 📺 Walmart is looking to buy the TV company Vizio for $2 billion to boost its advertising business
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Web Comics Business Plans $4B IPO

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🇰🇷 🇰🇷 A South Korean web comics business plans to go public in the US this summer. It seeks a valuation of $4 billion
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Streaming Growth Is Slowing

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🌏 🌏 Streaming growth isn’t just slowing in the US; it is slowing pretty dramatically in Asia as well. Southeast Asia added just 1.3 million new paid streaming subscribers last year, down about 90% from the year before, per AMPD
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Nvidia Earnings On Wed

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🚨 🚨 Event Alert: Analysts expect another monster quarter for Nvidia when it reports 4Q earnings on Wed. LSEG estimates point to earnings per share and revenue growth of more than 400% and over 200%, respectively
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3 Value Stocks That Are Oversold

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🇺🇸 🇺🇸 Goldman Sachs has identified three “attractive” value stocks that could see significant share price appreciation over the next 12 months
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7-Eleven? Read This

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🚨 🚨 7-Eleven? Read This: The Wawa convenience store chain with 1,000 locations had estimated sales of $18.5 billion in 2023. The Wood family’s 53% stake gives them a net worth of $6 billion. Wawa is aiming to open as many as 280 new stores over the next decade
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