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Disney Streaming Turns First Profit, Airbnb Warns of Soft Travel Demand

The Rundown

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Market Shifts: Mortgage Rates Fall and Earnings Impact Stocks

This chapter explores the recent decline in US mortgage rates to 6.55%, the lowest in 15 months, influenced by expectations of Federal rate cuts. It also covers stock fluctuations of several companies post-earnings reports, emphasizing Airbnb's mixed results, Supermicro's earnings disappointments, and Reddit's revenue growth despite share price decline.

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