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Eric Clapton’s guitar fetches $1.3m in auction

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Eric Clapton’s iconic guitar, famously known as “Blackie,” has been sold for a staggering $1.3 million.

This historic instrument, considered one of the world’s most famous guitars, drew the attention of collectors and music enthusiasts alike.

“Blackie,” a black Fender Stratocaster, gained legendary status through Clapton’s extensive use during the 1970s and 1980s.

It played a pivotal role in shaping Clapton’s distinctive blues-rock sound, featuring prominently in some of his most iconic performances and recordings.

The auction, which took place at a prestigious music memorabilia auction house, attracted bidders from around the globe.

The winning bid came after intense competition, reflecting the guitar’s immense historical and musical significance. The buyer, whose identity remains undisclosed, now possesses a piece of rock and roll history.

This sale raises the question of the growing value of musical instruments as collectibles and investments.

What makes certain instruments, like Clapton’s “Blackie,” so highly sought after? How do iconic instruments contribute to the legacy of legendary musicians?

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Why the meme-stock frenzy is unlikely to repeat

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GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

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Why are airlines after the Biden Administration?

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Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

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The mounting pressure on Government spends

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Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending

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