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Fresh Concerns about the Banking System, But Also Some Good News from Tech Sector

First Republic Bank’s deposit base hemorrhaged over $100 billion last quarter. This disclosure sent the company’s stock price plunging 49% overnight. In contrast, the earnings reports of Alphabet and other tech giants surprised on the upside, and the Nasdaq has risen 1.2% in futures trading. In overseas markets, Japan’s Nikkei stock index closed down 0.7%, […]... Read More
Posted: Apr 26 2023, 10:42
Author Name: feedburner
Views: 092111

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