BTC breaks through $70,000 again
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Howmet (HWM.US) panicked over being "robbed of its rice bowl"! Citi and Bernstein loudly claim it was wrongly killed: SpaceX (SPCX.US) entering the market precisely shows demand is very strong
Both Citigroup and Bernstein believe that SpaceX's entry into turbine blade manufacturing signals an industry-wide capacity shortage, and that this context may ultimately strengthen, rather than weaken, Howmet's market position.
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