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$5000 iPhones and The Debt Ceiling is Raised — Nick Santiago 6-5-23 #483
1 .Friday was a huge market surge as the debt ceiling was approved by the Senate. There was also a goldilocks job report released on Friday morning. It's amazing how that happens.
2. Saudi Arabia will implement an additional voluntary cut in its production of crude oil, amounting to one million barrels per day. OPEC+ makes no changes to oil production targets.Crude is trading higher by 1% to $72.40 a barrel.
3. Apple (AAPL) is holding its Worldwide Developers Conference today where it is expected to unveil a mixed reality headset. The cost is about $3000.00 for the headset. AAPL stock is…
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