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Daily Scoop

Learn what’s happening in the world of investing in just 2 minutes.

Featuring Author Hoda Mehr, Founder of Stock Card

Tech Sell-Off Continues

After the better-than-expected job report, investors seemed confident but turned back to the bearish mood after Powell’s statements. Beyond the overall stock market, a biotechnology company closed a deal that skyrocketed its stock’s price. In contrast, a recent IPO has not met analysts’ expectations. By the way, the line between payment companies and technology companies is getting quite blurry?

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