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Consumer Prices Accelerated At Their Fastest Pace In Nearly 13 Years In May

Plus, GameStop announced a new CEO and CFO, Moderna asked the FDA to expand the approved use of its COVID-19 vaccine to 12 to 17 year olds, and Restoration Hardware delivered an earnings beat.

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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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Meme Stock Rollercoaster Continues With AMC & Express Dropping On Share Sale Announcements

Plus, United is buying 15 planes from Boom Supersonic, Twitter announced its new subscription service, and Ford is building a new small pickup truck.

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Cryptos Surge Higher, Rebounding From Yesterday’s Plunge

Plus, Ford officially unveiled its electric F-150 Lightning pickup truck, Virgin Galactic announced a new test flight for Saturday, weekly jobless claims fell to a new pandemic low, and Oatly shares debuted at $22.12.

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Bitcoin Drops Below $50,000 After Elon Musk Says Tesla Will No Longer Accept The Crypto As Payment

Plus, the Colonial Pipeline restarted late Wednesday, Amazon is hiring 75,000 warehouse and transportation workers, and Walmart is buying virtual fitting room startup Zeekit.

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Stocks Sink As April Inflation Data Shows Jump Of 4.2%

Plus, the national average for gas jumped above $3 per gallon as the Colonial Pipeline remains mostly offline, Domino’s Pizza shares jump as Bill Ackman revealed 6% stake in the chain, and Wendy’s delivered an earnings beat.

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April Jobs Report Disappoints With Just 266,000 Jobs Added – 1 Million Expected

Plus, Pfizer and BioNTech filed for full FDA approval for their COVID-19 vaccine, Roku reported its highest quarterly revenue growth rate ever, and DraftKings raised its full-year guidance.

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Pharma Stocks Drop On Biden Administration Support For Waiving Patent Protections For COVID-19 Vaccines

Plus, Moderna said its booster shot is effective at protecting against COVID-19 variants in early trial data, Papa John’s smashed earnings expectations, and jobless claims dropped to a pandemic era low.

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Dogecoin Surges To Nearly $0.70 Ahead Of Dogefather Elon Musk’s SNL Appearance

Plus, Peloton has recalled all of its treadmill models for safety concerns, GM smashed earnings expectations, and Equinox has held talks to go public via a SPAC merger.

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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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IBKR’s drop from a 52-week high sets up a good technical opportunity with value included

Among a number of interesting storylines of the past year, is the way corporate America and the markets found ways to adjust and keep pushing forward. It’s true that a lot of the market’s rally can be tied directly to trillions of dollars of economic stimulus, including direct payments to families and individuals that helped […]

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