Bloomberg Daybreak: Asia Edition cover image

US Consumer Confidence Rose, ByteDance Sales Top $110 Billion

Bloomberg Daybreak: Asia Edition

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Improving Outlook, Fed Rate Cut, Merger Talks, and Major Prisoner Swap

This chapter discusses the improving outlook for high prices, the suggestion of a Fed rate cut in early 2024, Micron Technology's revenue exceeding estimates, merger talks between Warner Brothers Discovery and Paramount Global, Citigroup's decision to exit distressed debt trading, China's ByteDancer surpassing Tencent in sales, a major prisoner swap between the US and Venezuela, Trump's removal from the Colorado ballot, and the importance of a timely decision in a federal criminal case.

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