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Vishal Shah of Deutsche Bank asks about M&A and share buyback. $CREE said the company's primary focus is to grow the business, so it will be looking at M&A as the first option. The company will continue to evaluate buyback and in the near term when Wolfspeed closes as expected, both buyback and M&A can be pursued in parallel.
$DB is going to cut off services for about 3,400 clients in equities trading.
$F stock slid more than 2% after the company issued two safety recalls involving more than 650,000 Ford Fusion and Lincoln MKZ model cars.
The new CEO of $SBUX, Kevin Johnson, has some pretty large shoes to fill but there are many who have good faith in his ability to do so.
$TSLA opening a showroom in Michigan. A bold move !!