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Wall Street's surprising consensus forecast for 2023: Morning Brief

Wall Street’s surprising consensus forecast for 2023: Morning Brief

This article first appeared in the Morning Brief. Get the Morning Brief delivered straight to your inbox Monday through Friday by 6:30 a.m. ET. Subscribe Friday, December 9, 2022 Today’s newsletter is from Myles Abroad, senior markets editor at Yahoo Finance. Follow him on Twitter @MylesUdland and on LinkedIn. Read this and other market news …

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Cramer talks about some hot industrial stocks and how we play Wall Street's kingpin from tech

Cramer talks about some hot industrial stocks and how we play Wall Street’s kingpin from tech

The market is so obsessed with technology that it cannot see the forest through the industrialists. If the talk isn’t about the cloud slowdown, it’s about who is stepping down from the now-private Twitter, or how disappointing it is that co-CEO Bret Taylor has left Salesforce (CRM). Mark Zuckerberg of Meta Platforms (META) might sneeze …

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Wall Street's biggest banks cut bonuses by up to 30%

Wall Street’s biggest banks cut bonuses by up to 30%

(Bloomberg) – Across Wall Street, this year’s gloomy expectations for banker bonuses are quickly proving true, as a slump in deals ends the industry’s war for talent and corporations regain the upper hand in fixing wages. Bloomberg’s Most Read JPMorgan Chase & Co., Bank of America Corp. and Citigroup Inc. are all considering cutting bonus …

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