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Tech Stock Headwinds and Apple's Shipment Drop

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The Democrats Demand Answers Over Silicon Valley Bank's Close Relationships With Customers

Senator Elizabeth Warren and Representative Alexandria Ocasio-Cortez are demanding answers over Silicon Valley Bank's close relationships with some of its customers. In letters sent Sunday, I'm reviewed by Bloomberg, the Democrats are asking 14 of the largest depositors with SBB about the nature of their connections with the bank. We haven't seen many responses come through yet, but it'll be interesting to see whether these companies choose to answer these letters.

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