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SOTS 2nd Hour: Broadcom Surges, Bank Regulators in Crosshairs, Crypto Hesitancy 12/13/24

Squawk on the Street

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Market Movements and Economic Insights

This chapter reviews significant trends in the stock market, focusing on Broadcom's earnings and RH's optimistic guidance while addressing the implications of tariffs on inflation. It also examines the semiconductor industry dynamics, banking regulation challenges, and the evolving landscape of AI technology. Additionally, the chapter reports on breaking news related to McKinsey's settlement and public sentiment towards cryptocurrency.

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