The Rundown

Stocks Tank on Weak Jobs Data, Apple Returns to Revenue Growth

Aug 2, 2024
August kicks off rocky for the stock market, with tech giants feeling the pinch. A dip in job growth raises eyebrows about the economy's health. Apple's strong earnings provide a silver lining, yet Amazon struggles to keep up. Snap faces challenges, missing revenue targets even with user growth. The financial implications of sports broadcasting rights are also explored, revealing their potent influence on revenue streams.
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