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JUST IN: Oracle's, $ORCL, Larry Ellison called Trump after Netflix, $NFLX, Warner Brothers deal was announced, and said the transaction would hurt competition, per WSJ.
Today, Jared Kushner's private equity firm Affinity Partners announced it is part of Paramount's hostile
Trump: It's a con job. I think affordability is the greatest con job
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Do you agree?
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Fitch Ratings has said US banks with big crypto exposure face rising risks
PepsiCo, $PEP, plans to cut prices and eliminate 20% of its products, per WSJ
They are contributing to the Trump funds, which will give $1000 to children.
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Trump: "Rich people like deductions, but middle income people were never really afforded deductions, which is very unfair."
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Gavin Newsom: If we don’t democratize our economy and allow for the distribution of wealth, our democracy will die.
A recent survey finds that 64% of Americans making six-figure salaries say that level of income is not a milestone of success — it’s barely enough to stay afloat.
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Is this bullish?
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U.S. manufacturing activity has contracted for 9 straight months, per Reuters
A US federal judge has ruled that the Trump administration’s ban on wind energy products is illegal
Paramount is currently in the lead to close the Warner Brothers deal at 42% over Netflix. https://t.co/OaVoaWTrtL
Elon Musk predicts you won’t have to work at all in ‘less than 20 years,' due to AI and robotics.
At close: $AVGO $TSLA $GOOGL
Did you trade any stocks, options, or crypto today?
Gemini is catching up to ChatGPT in downloads, with 100.8 million compared to 67.8 million in November, per FT:
Six figure income earnings are currently engaged in or considering side hustles (61%), selling personal items (53%), skipping meals (41%), renting out all or part of their home (41%), & resorting to debt consolidation or bankruptcy (38%), to stay financially afloat, per FORTUNE
"Private credit hysteria will get very real next year," per Bloomberg.
"Tax refunds in 2026 are projected to be the largest ever," per the White House
BREAKING: Semafor is reporting that the US Commerce Department is opening up and allowing Nvidia $NVDA H200 chip exports to China. Story not confirmed beyond Semafor at the moment
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