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Micron Shares Rising, Nike Earnings on Tap, and Virgin Galactic’s Commercial Launch 6/29/23

Morning Call

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The Top Corporate Stories of the Morning

Fed Chairman Jerome Powell said a strong majority of central bank policy makers expect two or more rate hikes by the end of the year. Treasury Secretary Janet Yellen says she hopes to travel to China in a bit to reestablish contact with Beijing. Microsoft CEO says he would like to ditch exclusive deals between video game companies and console makers testifying during FTC's bid to block Microsoft's takeover of Activision Blizzard.

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