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• ☕️What Else is Brewing Wednesday Morning
  US tells Israel to let more aid trucks into Gaza. In...
  US tells Israel to let more aid trucks into Gaza. In a letter to the Israeli government sent this week, the Biden administration said Israel has to “reverse the downward humanitarian trajectory” in Gaza or risk losing US military aid. US leaders warned of “implications” for future weapons supplied to Israel if the country doesn’t boost aid truck crossings in Gaza and facilitate other aid, including allowing the Red Cross to visit Palestinian detainees in Israel who are reportedly being abused. The US gave Israel 30 days to stop obstructing aid crossings and “demonstrate a sustained commitment” to halting the humanitarian crisis. Following two weeks with no aid truck crossings, some US officials fear that many people in northern Gaza could die of starvation within the week.
  
  Boeing is reportedly looking to raise up to $25 billion by selling stocks and bonds to help it survive the ongoing machinist strike and production issues.
  
  Instagram rolled out a new feature that allows users to share what are essentially digital business cards, TechCrunch reported.
  
  Australia plans to ban dynamic pricing, aka ticket prices that change with demand, with Prime Minister Anthony Albanese calling it a “dodgy” practice.
  
  Mark Robinson, the Republican lieutenant governor of North Carolina who’s running to be the state’s governor, is suing CNN over an article it published linking him to extreme and bizarre comments on a porn site, alleging that he didn’t make the comments.
  
  BOS Nations FC will be the unusual name for Boston’s new pro women’s soccer team.
  
  
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• Dow retreats from record high, Nasdaq tumbles 1% as chip stocks dip
  U.S. stocks finished lower on Tuesday, with the tech-heavy...

  U.S. stocks finished lower on Tuesday, with the tech-heavy Nasdaq Composite leading declines. Semiconductor shares tumbled on concerns of continued pressures in the broader chip market.

  
  

  The Nasdaq Composite slumped 187.10 points, or over 1%, ending at 18,315.59, according to FactSet data. It was the largest one-day point and percentage decline since Oct. 7, according to Dow Jones Market Data.

  
  

  The S&P 500 lost 44.59 points, or 0.8%, to finish at 5,815.26. The large-cap benchmark index also snapped a two-day winning streak.

  
  

  The Dow Jones Industrial Average was off 324.80 points, or nearly 0.8%, ending at 42,740.42.

  
  

  U.S. semiconductor stocks fell on Tuesday after the Dutch microchip-equipment maker ASML Holding N.V. said it expects a “more gradual” recovery in the chip sector than previously anticipated. Shares of Nvidia Corp. and Advanced Micro Devices Inc. were down 4.7% and 5.2%, respectively.

  
  

  The Dow, on the other hand, was dragged down by a 8.1% slump in shares of UnitedHealth Group Inc. The healthcare giant beat third-quarter profit and revenue expectations but missed on the medical-care profitability and lowered its full-year outlook.

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• International Oil Market Summary [Overnight]
  Oil prices fell by 3% during Asian trading, driven by weakening demand...
  Oil prices fell by 3% during Asian trading, driven by weakening demand and a media report indicating that Israel may avoid targeting Iranian oil infrastructure, easing supply disruption fears. The drop followed a 2% decline on Monday, nearly erasing last week’s gains, which had been fueled by concerns over geopolitical tensions.
  
  While OPEC lowered its global oil demand growth forecast for 2024, citing weaker Chinese demand, oil prices remain supported by ongoing geopolitical risks. The easing of immediate geopolitical threats might provide temporary relief for oil and natural gas prices, but demand outlook remains a key driver for both commodities.
  
  As of 08:59 AM ET - Brent Crude is trading at $75.09, up slightly by 0.03%, but facing resistance ahead. The key pivot point stands at $75.54, and the immediate resistance sits at $76.85, with further targets at $78.06 and $79.47.
  
  
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• Mosman Oil and Gas Expands Helium Interests
  Mosman Oil and Gas Limited has announced the acquisition of a 75% stake...
  Mosman Oil and Gas Limited has announced the acquisition of a 75% stake and operatorship in EP-145 from Greenvale Energy, making it the sole owner and operator. This move is part of Mosman’s strategy to expand its helium business amidst a market with strong demand and rising prices, particularly in the USA where it already holds interests. The company aims to capitalize on the significant hydrocarbon, helium, and hydrogen potential of EP-145, bolstered by a favorable political climate and high gas prices in the Northern Territory.
  
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• National Hurricane Center tracking 2 systems. Will Invest 94L become Nadine, impact Florida?
  Cooler temperatures may have arrived in Florida this week, but storm-weary...
  Cooler temperatures may have arrived in Florida this week, but storm-weary residents need to remain alert when it comes to the the tropics, especially since there are a couple of disturbances out there showing potential for development, according to the latest advisory from the National Hurricane Center.
  
  AccuWeather meteorologists said there are "two main areas that are most likely to spur tropical development in the next few days to a week or so, and one or both features could still find a way to impact Florida."
  
  ➤ Track all active storms
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