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Intel Sinking, Apple and Amazon Under Pressure, and the Monthly Jobs Report 8/2/24

Worldwide Exchange

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Declines in Global Tech Stocks

This chapter examines the recent downturn in European and Asian stock markets, particularly focusing on the technology sector's struggles amid concerns over a U.S. economic slowdown. Key companies like Intel and Apple are facing significant challenges due to disappointing earnings and competitive pressures, leading to a broad sell-off in tech stocks. The discussion extends to the implications of these market trends on future U.S. trading and emerging investment opportunities amidst volatility.

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