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Earnings, PayPal, and Global Tensions | US News
Description
Futures are soaring as Q2 earnings roll in—BlackRock crushes estimates on a bull market boost, while Morgan Stanley’s report looms as a key sector barometer. PayPal’s in the spotlight with Stripe and Advent International circling a $53B buyout, fueling payments sector buzz. With the S&P 500 near all-time highs, any earnings miss could derail the rally. Fed Chair Warsh warns inflation’s not beaten yet, and Iran’s Strait of Hormuz threat adds geopolitical risk to global markets.
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