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Powell Spooks Markets, More Job Cuts at Meta

Bloomberg Tech

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Those Fighting Words in the Equity Markets

Rivian down 14.5%. Tesla under pressure down 3% is must talked about Twitter's debt burden. Amazon was down 2.10% of a percent alphabet per unit of Google down 1.3%. Those two names, Goldman's top tech picks for 2023. That didn't do much to support the stock after Fed Powell made those kinds of comments.

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