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Overview of companies on the stock market

Shares of US companies fell sharply after data on high inflation

Macro statistics and the imminent meeting of the Fed dashed investors' hopes for a quick rebound in the US market. Inflation data 10 June, the US Bureau of Labor Statistics published inflation data in May. Consumer price growth accelerated again: compared to last year, they jumped to 8,6%. This is higher than the forecast in 8,3%.

Bank and America: we invest in Bank of America

Bank of America CorpBAC34,05 $ Bank of America (NYSE: BAC) one of the leading American banks. The very size and systemic role of this bank in the US economy make its business stable and high-margin.

Investidea: AppLovin, because we love apps

AppLovin CorporationAPP42,67 $ Today we have a speculative idea: take shares of IT business AppLovin (NASDAQ: APP), in order to make money on their rebound after a strong drop.

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