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Earnings Parade: Beats for GM and Coke, UPS Misses, "Mag 7" On Deck 7/23/24

Squawk on the Street

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Discussion on Spotify's Fantastic Momentum and Various Company Performances

The chapter highlights Spotify's strong performance with a price increase, audiobooks addition, and impressive gross margins, leading to record free cash flow. It also covers updates on companies like Netflix, Ameris Bankport, Iris Energy, Alphabet, and more, delving into stock market performance, SEC decisions, and Senator Schumer's online safety legislation. The conversation includes concerns about YouTube's dominance over Netflix, Disney's stock decline, travel industry struggles, and potential strategies for growth involving CEO replacements and activist investors.

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