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What you need to know on Wall Street today

Finance Insider is Business Insider's midday summary of the top stories of the past 24 hours.

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Welcome to Finance Insider, Business Insider's summary of the top stories of the past 24 hours.

The equity market is quiet — some might say too quiet. For evidence of that, look no further than the CBOE Volatility Index, or VIX, which serves as a stock market "fear gauge" and on Monday closed at its lowest level since 1993.

It's a development that's confounded Wall Street traders and strategists alike for weeks. We spoke to

If you missed Business Insider's interview with JPMorgan CEO Jamie Dimon, here are a couple of highlights:

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  • DIMON: There is a "national catastrophe" in American education
  • DIMON: "Something went wrong, and the leaders collectively are responsible"
  • DIMON: Trump's economic agenda is the right agenda

food companies to serve more fake meat top Goldman Sachs analyst explained why investors need to pay attention to Wall Street's sustainable revolution.

Here's what David Einhorn just presented at one of the biggest hedge fund conferences of the year. And another hedge fund manager thinks he's found the perfect way to invest in Tesla. Speaking of Tesla, the car company's soaring stock price is causing investors to overthink everything, according to Business Insider's Matt DeBord. Oh, and while Tesla shares have been booming, another automaker has been doing even better.

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In related news, this is the best car Audi has ever made.

  • Traders are doubling down on their bets against Snap
  • BUFFETT ON GOOGLE: Imagine having a business where "a cash register rung somewhere out in California" every time someone clicks
  • Bumble Bee will plead guilty for fixing canned-tuna prices
  • Hertz tanks 15% after missing big on earnings
  • American Airlines boosts its forecast for a key revenue metric
  • CBOE's profit tumbles 69.3% as costs jump
  • Office Depot beats, but same-store sales whiff
  • Valeant explodes after boosting guidance
  • Allergan beats, raises its forecast
  • A giant drugmaker just set the strictest price-increase caps of the industry

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