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The megarocket's success is SpaceX's "single most important watch item," one analyst says.
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Lower gas prices have been a relief for households struggling with higher living costs. But now they are creeping higher again.
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Wall Street ends lower as chip weakness offsets solid earnings, economic data ReutersS&P 500 falls as chip stocks weigh on market again: Live updates CNBCChip Stocks Fall as AI Trade Loses Steam WSJStock market today: Dow, S&P 500, Nasdaq drop as chip stocks tumble, Alphabet stock sinks Yahoo Finance
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About 185 million SpaceX shares are now sold short, representing roughly 29% of the company's publicly tradable float, according to S3.
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The F.D.A. Approves a New Pill to Slash Cholesterol Levels The New York TimesFDA nod to Merck's cholesterol pill opens a new frontier in cardiovascular care Baton Rouge Business ReportFDA Approves First-of-Its-Kind Cholesterol Pill, Ushering In New Wave of Treatment WSJDrugmaker Merck announces approval of new cholesterol-fighting drug
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Also in today's newsletter: Oil traders warn over fresh supply crunch and Oracle leads race to supply Japan with top-secret cloud services
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Wholesale prices fell in June for the first time in 10 months largely due to lower gas prices, but it's unclear if the recent slowdown in inflation will persist in light of renewed hostilities between the U.S. and Iran.
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PayPal, which owns Venmo, is the target of what one group of analysts described as a "lowball" offer from Stripe, another payment processor, and Advent, a private equity firm.
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Munich Private Equity has launched its second European Long-Term Investment Fund (ELTIF), giving retail investors access to a portfolio of European lower mid-market private equity funds.
The post Munich Private Equity launches second ELTIF focused on European lower mid-market appeared first on AltAssets Private Equity News.
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