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On Monday after the US stock market closed, First Republic Bank ( $First Republic Bank(FRC.US$ ) released its first-quarter results. Due to a sharp decline in deposits overshadowing the bank's better-than-expected profits, the stock tumbled more than 22% in after-hours trading.
Highlights
First-quarter 2023 revenues were $1.2 billion, which is down 13.4% year-...
Highlights
![First Republic Bank's Q1 deposits plummeted by over $100 billion, causing its stock price to drop more than 22% in after-hours trading.](https://ussnsimg.moomoo.com/feed_image/70040946/f75bb864f3213b95a15a7e1f141bc512.png/thumb)
![First Republic Bank's Q1 deposits plummeted by over $100 billion, causing its stock price to drop more than 22% in after-hours trading.](https://ussnsimg.moomoo.com/feed_image/70040946/9f52e318f3a93e278dd24a581dfcf1fc.jpg/thumb)
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$NVIDIA(NVDA.US$ I can go to sleep
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$NVIDIA(NVDA.US$ game over
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$NVIDIA(NVDA.US$ Counted to zero
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$NVIDIA(NVDA.US$ What the hell are you doing?
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$AMC Entertainment(AMC.US$ about to fall?
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