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The rumours were true: Amazon launches pre-Christmas sales

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Amazon is hosting a second ‘Prime’ event this October

Instead of Amazon Prime Day, the company has unveiled its new look ‘Prime Early Access Sale’.

The sale will start on 12 October for Amazon Prime members only, with deals on select items leading up to the main event on 14 October.

The deals are yet to be confirmed, but big brands are lining up to promote their latest gadgets, including: Peloton, Adidas, Lego and New Balance.

Rumours are also circulating there may even be a top 100 list of the most popular or giftable items, which will be made available across the two-day event.

The event comes a few months before Christmas, and other retailers are also getting ready to drop some major sales including Walmart.

Amazon Prime Day is an annual day of sales across a range of technology, homewares and other gadgets.

The annual event typically takes place in July.

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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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