The European Central Bank has raised interest rates for the 5th time in a row, sticking to its inflation fight

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The European Central Bank raised interest rates by 50 basis points Thursday as it continues its battle against inflation.

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Fed's Jerome Powell 'didn't fight back' against the stock market with his confident stance on inflation, says 'Bond King' Jeffrey Gundlach

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DoubleLine CEO Jeffrey Gundlach speaking at the 2015 Delivering Alpha event.
DoubleLine CEO Jeffrey Gundlach speaking at the 2015 Delivering Alpha event on July 15, 2015.

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Wall Street's expectations for AI's influence on markets are skyrocketing, JPMorgan survey says

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A new JPMorgan survey found 53% of traders expect AI to impact financial markets over the next 3 years.

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'Black Swan' author Nassim Taleb warns stocks are hugely overvalued, and the easy-money era is over for investors

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Nassim Taleb.

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The stock market just hit a rare trifecta of bullish indicators that suggests big upside this year

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US stocks slip as investors brace for an 8th consecutive Fed rate hike

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Federal Reserve Board Chair Jerome Powell.

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The massive ChatGPT craze has reached Asia, lifting some Chinese AI stocks up to 60% in just a few weeks

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China's stock market appears to be buying into the ChatGPT hype, with local AI stocks flourishing.

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'Big Short' legend Michael Burry issues a grave warning to investors with a one-word tweet: 'Sell.'

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Michael Burry.

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Investors are still stuck on hoping for Fed rate cuts but the focus will turn to earnings gloom, Morgan Stanley's top strategist says

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Markets are hooked on the "heroin" of potential Federal Reserve interest rate cuts, according to Morgan Stanley's chief US equity strategist Mike Wilson.

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There's a massive disconnect between markets and the Fed - and Jerome Powell's messaging could fall upon deaf ears

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Happy hump day, readers. I'm senior reporter Phil Rosen. 

If the collapse of FTX has been the headline story over the last several months, it certainly feels like ChatGPT has taken the mantle for the near future. 

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