The Rundown Waymo Expands to Miami, Ulta Beauty & Lululemon Shares Soar
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Dec 6, 2024 Dive into the world of finance as Bitcoin prices fluctuate alongside positive job growth in health care and hospitality. Discover how Waymo's expansion is reshaping ride-sharing services. The beauty industry is buzzing with Ulta's impressive stock performance amidst rising competition. In entertainment, find out how Taylor Swift's Eros tour book sales are smashing records. Plus, keep up with major corporate shifts, a CEO's downfall, and rising stock markets, all while interacting with passionate listeners.
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Market Volatility
- The stock market and Bitcoin saw losses, with Bitcoin experiencing a flash crash down to $92,000.
- Despite the volatility, Bitcoin stabilized around $97,000-$98,000.
November Jobs Report
- The November jobs report shows 227,000 jobs added, exceeding expectations, but unemployment ticked up to 4.2%.
- Wage growth increased by 4%, outpacing inflation, with healthcare and hospitality sectors leading job creation.
Waymo Expands to Miami
- Waymo will test autonomous vehicles in Miami in 2025, expanding from current operations in other US cities.
- This expansion caused Uber and Lyft shares to drop about 10% due to investor concerns about competition.