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Traders are betting that tech giants will vanquish gain season

Bill Gates and Jeff Bezos. Getty Images A essential widen of tech benefit is coming up, with Amazon, Google, Microsoft, Facebook, and Apple set to report. Despite shares sitting nearby record highs, traders are surprisingly light on downside hedges.   With tech bonds already trade nearby record highs, you’d consider …

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Wall Street could be next to get Amazon’d (AMZN)

Jeff Bezos.David Ryder/Getty McKinsey has published a report looking at the hazard to Wall Street banks from ostensible height companies like Amazon, Alibaba, and Rakuten. These companies could spin the “front end” for big finance, holding a big cut of profits. The worst-case unfolding would put earnings on a standard …

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Chipotle misses big on earnings, shares thrust towards 5-year low (CMG)

Business Insider Chipotle’s third-quarter gain per share missed analysts’ estimates. The company remarkable that its gain were impacted by new hurricanes, but its recover done no discuss of the churned reviews its queso got.  Chipotle’s batch fell to a nearby five-year low in premarket trading.   Chipotle on Tuesday reported third-quarter …

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The bruise is climbing after UK GDP beats

Markets Insider The British bruise climbed aloft after information showed Britain’s economy grew faster than approaching in the third quarter. Sterling was up by 0.9% at 1.3253 against the US dollar as of 8:55 a.m. ET. Earlier, preliminary information from the Office for National Statistics pronounced that GDP grew by 0.4% in …

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Republicans just done it easier for you to get ‘Equifaxed’

U.S. President Trump turns to Speaker Ryan as he gathers with Republican House members after medical check opinion at the White House in Washington Thomson Reuters Financial firms like Equifax would adore to take away the consumer’s right to sue them. Obama-era manners done that impossible. Now the GOP has …

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Ford’s new CEO just shook up his government group (F)

Ford CEO Jim Hackett.Paul Sancya / AP Ford is making the moves brazen of third-quarter earnings. Former CEO Mark Fields categorical confidant for new acquisitions is leaving. The conduct of Lincoln will take over global marketing. Ford will report third-quarter gain on Thursday, but new CEO Jim Hackett isn’t watchful …

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