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Alarm Bells, Too Much Credit, Health of Housing 7/19/23

The Exchange

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Netflix Shares Are Up 3% Today

The company just quietly removed its cheapest ad-free plan for new users. Tesla is expected to post its worst automotive profit margins in years thanks to a series of price cuts. Traveler has been struggling in recent months as insurers get hit with catastrophe losses. Morgan Stanley noted travelers also has strong investment income and disciplined management.

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