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Rebound Rally, Disney Falls Despite Beat, Shopify Soars: Its President Talks Earnings and AI 8/7/24

Squawk on the Street

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Intro

This chapter explores the latest trends in financial markets as trading day approaches, highlighting statements from a Bank of Japan official and the performances of companies like Disney and Shopify. It also examines the roles of hedge funds and the effects of currency shifts, particularly the yen against the dollar, amidst a recent market sell-off.

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