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GM cutting salaried tech workers

Wall Street Breakfast

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Market Movements: Acquisitions, Earnings Updates, and SEC Settlements

This chapter reviews major market trends, including AMD's $4.9 billion acquisition of ZT Systems to enhance AI capabilities, alongside ZIM's positive EBITDA forecast. It contrasts this with Estee Lauder's revenue concerns and discusses Carl Icahn's SEC settlement, all while offering an optimistic view on U.S. equities.

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