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Gold Hits Record High, Red Lobster Files for Bankruptcy

The Rundown

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Company Earnings Performance and Sports Viewership Trends

This chapter contrasts the financial performance of Wix and Lee Otto. Wix surpasses projections with increased earnings and raised revenue forecast, while Lee Otto experiences a drop in net profits leading to a decline in their US listed shares. Additionally, the shift towards social media for sports content consumption, particularly among the younger audience, is discussed in relation to traditional sports revenue streams.

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