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It’s a Stock Picker’s Nightmare With Everything Moving in Tandem

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(Bloomberg) — A nightmare scenario for stock pickers is unfolding just as the third-quarter earnings season gets underway. The Index’s three-month realized correlation — a gauge of how closely the top weighted stocks in the benchmark move relative to each other — is at its highest level since July 2020. As a result, traders and …

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Take-Two Falls on ‘Nightmare’ GTA 6 Leak, Seen as a Negative Short-term Catalyst By Investing.com

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© Reuters. By Senad Karaahmetovic Shares of Take-Two Interactive Software (NASDAQ:) are down about 3.3% in premarket Monday after a massive leak showed over 90 videos of the Grand Theft 6 blockbuster. The hacker, who is reportedly the same person responsible for the Uber (NYSE:) security breach, allegedly gained access to the company’s internal Slack …

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