Mastercard’s China JV Approved

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🇨🇳 🇨🇳 Mastercard JV gets approval to start domestic payments processing in China
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A New Twist In The OpenAI Saga

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🚨 🚨 BREAKING: Ilya Sutskever, a co-founder of OpenAI, and 500 employees have signed a letter saying they will quit if Sam Altman does not return. Strangely, Ilya Sutskever is the same person that has been accused of convincing the board to fire Altman
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Its All About Sustainable Profits

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Traders Are Shorting EURJPY

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🇪🇺 🇯🇵 Traders Are Shorting EURJPY
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Amazon To Train Millions For AI

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🚨 🚨 Amazon is launching a program to train millions of workers in artificial-intelligence skills. Named “AI Ready,” Amazon’s new program plans to train at least two million people by 2025 on basic to advanced AI skills, including how to make use of the generative AI technology
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“Starbucks” In Its Infancy

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☕️ ☕️ This coffee company is a “Starbucks” in its infancy and our Algorithm together with JPMorgan have turned bullish. The company has completed ~$345m primary equity raise on September 7
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ECB’s Wunsch Turns Hawkish

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🇪🇺 🇪🇺 The European Central Bank may have to raise borrowing costs again if investor bets on monetary loosening undermine the institution’s policy stance, Governing Council member Pierre Wunsch said
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USDJPY: Bigger Drop Coming

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🇯🇵 🇯🇵 Scope is growing for a bigger USD/JPY drop into the daily cloud
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Oil: JPMorgan Sees More Output Cuts

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🛢️ 🛢️ JPMorgan sees Saudi, Russia extending output cuts through 1Q24

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US Banks: Commercial Deposits Plunge

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🇺🇸 🇺🇸 US Commercial Bank deposits fell 2.5% over the last 2 years, the largest 2-year decline on record
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