EOG: $1.5B Free Cash Flow

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Google To Invest In New AI Startup

💫💫 BREAKING: Google in talks to invest in AI startup Character.Ai —report. Character.Ai is in talks to raise equity funding from venture capital investors, which may value the startup at more than $5 billion
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Goldman: More Short Covering Next Week

🇺🇸 🇺🇸 CTAs will need to cover an additional $72 billion in global equity index short positions over the next week according to Goldman Sachs
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Luxury Sector Is At The Crossroads

👠 👝 Bernstein: “The crux of the luxury investment case is now whether we shall see ‘gentle’ growth normalization through a ‘soft landing,’ or whether we will see a dip and a spend[ing] ricochet after years of consumers splurging”
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Morgan Stanley Bullish On Gold Stocks

💫💫 Morgan Stanley: Tensions in the Middle East, brought on by the Israel-Hamas war, have triggered a gold “safe-haven” rally as investments in the precious metal pick up
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51 Ships Headed To US Ports

🚢 🚢 There are 51 ships headed to US ports over the next three months. That’s the most in at least six years, climbing by three from the previous week’s record. About 80% of the vessels are empty, indicating that they intend to pick up cargoes in the US

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Bitcoin Nears $38K

🚨 🚨 Bitcoin is climbing for a fourth consecutive week, with the digital token’s price lingering just below an 18-month high of $38,000, as more investors bet that US exchange-traded funds that hold the largest cryptocurrency are on the verge of winning regulatory approval

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China Imports Australian Copper

🇦🇺 🇨🇳 Copper concentrates from Australia are headed to China, according to port data, in what would be the first shipment of its kind since the country halted imports three years ago

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