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Carlson Wipes $500M+ from Fox Stock, LVMH passes $500B, Snap's Hated AI

Morning Brew Daily

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Luxury Resilience and Banking Turmoil

This chapter explores the astonishing rise of LVMH amidst China's market recovery and its CEO's dominance in wealth, while also examining the familial power dynamics within the company. Additionally, it addresses the recent struggles of First Republic Bank, linking social media's influence on financial markets to the widespread banking challenges following recent crises.

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