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$Skillz(SKLZ.US$ is it going to end up $0000
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On Monday after the US stock market closed, First Republic Bank （ $First Republic Bank(FRC.US$ ） released its first-quarter results. Due to a sharp decline in deposits overshadowing the bank's better-than-expected profits, the stock tumbled more than 22% in after-hours trading.
Highlights
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First-quarter 2023 revenues were $1.2 billion, which is down 13.4% year-...
Highlights
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[ What's new ]
· U.S. 5-year and 30-year Treasury yields on March 28 inverted for the first time since 2006.
· The U.S. 2-10-year yield curve briefly inverted for the first time since August 2019 on March 29, raising fears of a possible recession.
[ Why does it matter? ]
Historically, the two- and 10-year Treasury yield curves inverted before each recession since 1970, with a recession following after 17 months.
It's a sign that...
· U.S. 5-year and 30-year Treasury yields on March 28 inverted for the first time since 2006.
· The U.S. 2-10-year yield curve briefly inverted for the first time since August 2019 on March 29, raising fears of a possible recession.
[ Why does it matter? ]
Historically, the two- and 10-year Treasury yield curves inverted before each recession since 1970, with a recession following after 17 months.
It's a sign that...
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