S&P: Good Weekly Gain

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🚨 🚨 US equity close: A flat start but another good weekly gain
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OpenAI CEO Kicked Out

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🚨 🚨 Sam Altman, the CEO of OpenAI, has stepped down from his position and will also leave the board of directors. The board concluded that Altman was not consistently candid in his communications, which hindered its ability to exercise its responsibilities
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Gene Editing: The Time Has Come

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🧬🧬 Gene Editing—The Time Has Come: Regulators in the U.K. have approved CRISPR Therapeutics’ gene-editing treatment for two blood diseases, marking the first-ever regulatory authorization of a CRISPR-based therapy in the world
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World’s Top Fighter Jets

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✈️ ✈️ World’s Top Fighter Jets: Lockheed Martin made a revenue of $65.98 billion in 2022 and $67.393 billion for the twelve months ending June 30, 2023. Lockheed Martin’s top aircraft include the F-35 Lightning II, the F-22 Raptor, and the F-16 Fighting Falcon
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Profit From A $400 Billion Sector

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🔥🔥 Weapons Of Destruction: The top weapon produced by Raytheon is the StormBreaker smart weapon, also known as the Small Diameter Bomb II (SDB II). The StormBreaker features a tri-mode seeker that enables it to engage fixed or moving targets at any time of day and in all weather conditions
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The Merchants Of War

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🚨 🚨 The Merchants Of War: Raytheon reported a backlog of $175 billion at the end of the fourth quarter of 2022. The company reported an annual revenue of $67.074 billion for 2022, which represented a 4.17% increase from the previous year
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How To Profit From War?

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🇬🇧 🇬🇧 How To Profit From War? The total equity attributable to equity holders of BAE Systems plc for the year ended 31 December 2022 was £11,215 million
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Rolls Royce Has Climbed 190%

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🇬🇧 🇬🇧 BREAKING: Shares of Rolls-Royce are at a 52-week high and have climbed roughly just under 190% in the span of a year. The British aerospace and defense company’s financial performance has been transformed, thanks to a turnaround plan led by its CEO Tufan Erginbilgic
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Alibaba Loses $21B In Market Cap

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🐉 🐉 Alibaba has lost more than $21 billion in market cap off the back of its ill-fated cloud spinoff plans. Alibaba said it would not proceed with the spinoff of its Cloud Intelligence Group, citing U.S. export restrictions on advanced chips
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J&J Settles First Talc Lawsuit

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🚨 🚨 BREAKING: J&J settles first talc-related lawsuits since dismissal of bankruptcy
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