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Paramount Cuts 15% of Workforce, Meta & Google Target Teens in Secret Ad Deal

The Rundown

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Stock Market Highlights: Sweetgreen Soars, Elf Beauty Falls, and China's New Richest Person

This chapter examines the recent fluctuations in the stock market, featuring Sweetgreen's strong sales growth and reduced losses that boosted its stock price. In contrast, Elf Beauty's stock fell despite exceeding earnings expectations, alongside a profile of Colin Huang, the founder of Teemu, who has risen to become China's richest individual.

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