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Reddit Traders Push Clover Health & Wendy’s Shares To New Highs

Plus, Reddit and several other major websites were down early this morning due to a Fastly outage, Bitcoin is dropping after the U.S. recouped most of the ransom paid to the hackers that took down the Colonial Pipeline last month, and one analyst says Apple could hit a $3 trillion market cap next year.

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Bitcoin Sinks Below $40,000 After China Calls For Crackdown On Mining & Trading

Plus, Apple CEO Tim Cook is testifying in the company’s legal battle with Epic Games today, the U.S. called for a global minimum tax rate of 15%, and Snap is buying WaveOptics for $500 million.

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Warren Buffett Named Greg Abel His Likely Successor At Berkshire Hathaway

Plus, Verizon sold its media group to Apollo Global Management, a top Apple analyst says there could be a foldable iPhone released in 2023, and Dell is selling its Boomi cloud integration software unit.

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Amazon Stock Surges To New All-Time High On 44% Revenue Growth In Q1

Plus, Exxon delivered a first quarter profit, Pfizer and BioNTech anticipate having data on how well their COVID-19 vaccine works in children ages 5-11 as soon as the end of summer, and the European Commission accused Apple of abusing its position in the distribution of music.

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Cash-Rich Consumers Fuel U.S. GDP Growth To 6.4% In Q1

Plus, Apple delivered a massive earnings beat, Altria shares are down on mixed earnings results and Biden administration plans to ban menthol cigarettes, and Ethereum rose to a new all-time high.

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Bitcoin Rebounds After Last Week’s Sell-Off

Plus, the EU is taking legal action against AstraZeneca for shortfalls in its deliveries of its COVID-19 vaccine, Apple said it is increasing its U.S. investments by 20% over the next five years, and Netflix took home 7 Oscars over the weekend.

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Netflix Shares Plummet On Major New Subscriber Growth Slowdown

Plus, Apple unveiled a slate of new devices while a hacker said it had stolen device blueprints from one of its suppliers, and Dish Network made Amazon a key partner in development of its 5G network.

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Microsoft Is Buying Nuance For $19.6 Billion In Massive Bet On Healthcare AI Technology

Plus, Fed Chairman Powell said the U.S. economy is at an “inflection point” in an interview this weekend, Apple is reportedly building a new Apple TV device, and Uber reported record gross bookings in March.

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