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German inflation unexpectedly accelerated in July to 2.3% YoY from 2.2% in June as food price inflation keeps rising, core inflation, and services inflation remain sticky at 2.9% and 3.9%.
Source: HolgerZ, Bloomberg
BREAKING: Nvidia, $NVDA, has now erased $1 TRILLION of market cap since its all time high set on June 20th.
In other words, $NVDA has erased $200 billion of market cap PER WEEK over the last 5 weeks. The stock is now down ~27% from its recent all time high. In just 5 weeks, Nvidia has erased as much market cap as 1.5 TIMES the entire value of Tesla, $TSLA. This also equals roughly the same value as the market cap of Berkshire Hathaway. Source: The Kobeissi Letter
Maintaining eye contact during a job interview (or in many circumstances) is a must
Source: FoxNews, Buddy Rathmell
Chinese EVs Seize Record 11% Share in Europe Ahead of Tariffs - Bloomberg
Chinese brands captured 11% of the European electric-car market in June, notching record registrations as manufacturers raced to beat stiff European Union tariffs that took effect early this month.
Goldman: Harris Trails by Around 3pp in the State Currently Most Likely to Decide the Election—Pennsylvania
Source: Mike Z., Goldman Sachs
US Commercial Property Foreclosures jump to more than $20 billion during the 2nd quarter, the most in nearly a decade 🚨
Source: Barchart
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