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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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Pipeline Shutdown Continues As Gas Stations Run Dry Along U.S. East Coast

Plus, Tesla announced it has halted plans to buy land to expand its Shanghai plant, L Brands is spinning off its Victoria’s Secret brand, and Ginkgo Bioworks is going public via a SPAC merger.

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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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President Biden Set To Unveil $1.8 Trillion Child & Family Spending Plan

Plus, Boeing reported its sixth consecutive quarterly loss, Tesla is in hot water with the EPA, Dogecoin is surging after Mark Cuban called the crypto a better bet than a lottery ticket, and Allbirds is reportedly preparing for an IPO.

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BTIG Analysts Says Coinbase Shares Worth $500 Even After Volatile Trading Debut

Plus, the Biden administration imposed new sanctions on Russia, Citigroup and Bank of America delivered earnings beats, and Walmart is investing in GM’s Cruise self-driving start-up.

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JPMorgan Kicked Off Earnings Season With Better-Than-Expected Q1 Results

Plus, Goldman Sachs and Wells Fargo also delivered earnings beats, Coinbase is set to go public at $355 per share, and Kohl’s reached an agreement with a group of activist investors to add two new independent directors to its board.

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WeWork Is Finally Going Public Through A SPAC Merger

Plus, GlaxoSmithKline and Vir Biotechnology applied for emergency use authorization for their COVID antibody drug with the FDA, Chinese EV-maker Nio shut down production due to the global semiconductor shortage, and the shipping vessel blocking the Suez Canal is expected to be stuck until Wednesday.

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Intel To Spend $20 Billion To Build Two New Chip Foundries

Plus, GameStop shares sink after the company reported disappointing earnings results, Pfizer has begun human testing for a pill to treat the coronavirus, and Robinhood confidentially filed to go public.

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Jobless Claims Rose To 853K As Congress Continues To Negotiate Another Round Of Stimulus

Plus, an FDA panel could vote to recommend approval of Pfizer and BioNTech’s coronavirus vaccine today, Facebook was hit with antitrust lawsuits from the FTC and 48 states and territories, and Airbnb priced its IPO above range.

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Mnuchin Reignites Stimulus Hopes With $916 Billion Proposal

Plus, the U.S. surpassed 15 million coronavirus cases, Lowe’s said it expects sales to grow by 22% next year, and DoorDash sold 33 million shares at $102 a piece in its IPO.

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The U.K. Is About To Begin The First Public Doses Of Pfizer & BioNTech’s COVID-19 Vaccine

Plus, a bipartisan group is set to release more details of the $908 billion relief plan today, Cisco is buying London-based IMImobile, and Airbnb said it now expects to offer shares for its initial public offering at a range between $56 and $60 per share when it goes public on December 10.

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November’s Disappointing Jobs Report Boosts Stimulus Chances

Plus, President-elect Joe Biden said he would ask all Americans to wear masks for the first 100 days of his presidency in an effort to slow surging coronavirus cases, the Cheesecake Factory settled with the SEC, and Petco filed to go public.

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Tesla Shares Rise As S&P Says Company Will Be Added To Index In One Piece

Plus, Pfizer and BioNTech applied for authorization of their coronavirus vaccine in Europe, Kohl’s announced it will be opening hundreds of Sephora stores in its existing stores, and Airbnb plans to price its IPO between $44 to $50 per share.

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Amazon Just Launched Its New Pharmacy Business

Plus, Walmart delivered an earnings beat, Tesla will be added to the S&P 500 next month, and Airbnb finally filed its IPO prospectus.

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The U.S. Surpassed 150,000 New Coronavirus Cases

Plus, Disney said it now has more than 73.7 million subscribers to its Disney+ streaming platform, DraftKings delivered an earnings beat, and DoorDash is going public.

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