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$AMZN $MSFT $GOOGL — A heavy slate of earnings from Microsoft, Google and Amazon set up a choppy open while extreme microcap moves — AIOK’s +182.8% surge, BGLWW’s 90%+ collapse to zero and XXII’s steep decline on massive turnover — highlight an elevated volatility regime. The day’s tape underscores a split market: earnings-led leadership debates at the top end and liquidity-driven, binary outcomes in small caps.
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The S&P 500 slipped while Nasdaq held near flat as energy's rally and defensive sector flows offset a muted tech session. Headlines around a leaked Moderna vaccine data set and a sharp move in SPCX added stock-level volatility, leaving the market tone cautiously neutral ahead of upcoming econom…
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