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Brian Moynihan on the Record, The Cardboard Box Recession, and Billionaires’ Row 6/12/23

The Exchange

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Oracle Shares Up 72% at Record Highs

Oracle shares up 5.5% at a record high right now, and this is ahead of their earnings report after the closing bell today. The New York Fed says long-term inflation expectations did rise here in the numbers. That coming down the way that it has, again, maybe a lot of that's gas prices, but regardless, that seems like a pretty dovish development.

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