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Stocks shake off rate hike concerns following Powell testimony


Stocks shake off rate hike concerns following Powell testimony



Equity futures were little changed, the morning after new Fed Chair Jerome Powell testified before a House Committee on the outlook for inflation and interest rate increases.

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Ripple CEO slams Strategy's financial model as STRC stock plunges 26% below par value.

This situation signals risks for investors in similar Bitcoin treasury strategies and highlights a broader debate in crypto about utility ...

 
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