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Bitcoin Drops To $32k As Investors Sell Risk Assets Amid Broader Market Sell-Off

Plus, jobless claims were higher than expected last week, three dozen state attorneys general filed a new antitrust suit against Google, and Beyond Meat has debuted its new faux-chicken tenders.

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DiDi Shares Drop Below IPO Price On China Crackdown

Plus, oil rose to its highest level in six years after talks between OPEC+ were postponed indefinitely, AMC said it won’t seek shareholders’ approval to issue another 25 million shares, and Amazon’s Bezos officially stepped down as CEO.

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Investors Shrug Off Soft Recall Of Tesla’s Model 3 & Model Y In China

Plus, cryptocurrency exchange Binance was banned from operating in the U.K., the FAA said Boeing’s 777X plane isn’t ready for a significant certification step, and U.S. lawmakers are investigating Biogen’s new Alzheimer’s drug over price concerns and doubts about its effectiveness.

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Traders Say The Crypto Crash Presents A Buying Opportunity For These 4 Stocks

Choppiness in the crypto market has created a buying opportunity. And traders say these 4 crypto-related stocks look like good bets now.

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Amazon’s Prime Day Event Surpassed $11 Billion In Sales, Setting New Record

Plus, Bitcoin rebounded, Southwest Airlines CEO Kelly will step down next year, and GlaxoSmithKline is spinning off its consumer products business to focus on reviving its drug unit.

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Bitcoin Sell-Off Intensifies With Coin Dropping Below $30,000, Wiping Out Gains For The Year

Plus, GameStop said it raised $1.13 billion through the sale of 5 million additional shares, McDonald’s said it is launching its loyalty program on July 8, and Splunk announced a $1 billion investment from Silver Lake.

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Bitcoin Drops To A Two-Week Low As China Intensifies Its Cryptocurrency Crackdown

Plus, Uber is acquiring the remaining stake in grocery delivery start-up Cornershop, Wingstop is launching its new Thighstop brand, and salad chain Sweetgreen has reportedly confidentially filed to go public.

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Fed’s Bullard Sees Interest Rate Increase Happening In 2022

Plus, Boeing’s largest 737 Max plane is expected to take its initial flight today, Morgan Stanley said Facebook remains its top social media stock pick, and Adobe delivered an earnings beat.

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Lordstown Motors Shares Drop As CEO & CFO Resign

Plus, Bitcoin is up on yet another Elon Musk tweet, Novavax said its COVID-19 vaccine was 90% effective overall in a late-stage trial, and American Express is launching its first checking account for small businesses.

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Here’s Why Bitcoin Could Fall To $20,000

Bitcoin has been on quite the ride lately, and strategists say it could fall far lower if it drops below this level.

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Meme Stocks Go For Wild Ride As Retail Traders Move On To New Targets

Plus, Bitcoin dropped as low as $31,035, Chipotle is raising menu prices as ingredients and labor costs rise, and Ferrari appointed a new CEO.

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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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U.S. Job Creation Picked Up In May But Still Below Expectations

Plus, another Elon Musk tweet is sending Bitcoin lower today, Facebook was hit with two new antitrust probs, and Bill Ackman’s SPAC said it is in talks to buy 10% of Universal Music.

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The Meme Stock Trade Is Back With AMC Jumping 152% Since Monday

Plus, Bitcoin dropped below $36,000, Tesla’s Model 3 sedan lost its Top Pick status with consumer reports, and Gap delivered an earnings beat.

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