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U.S. economy grew at a 2.8% pace in the second quarter, more than expected 26 Jul

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Stock Market News

Southwest to get rid of open seating, offer extra legroom in biggest shift in its history – CNBC
U.S. economy grew at a 2.8% pace in the second quarter, more than expected – CNBC
OpenAI tests ‘SearchGPT’ prototype as direct challenge to Google search engine – New York Post
American forecasts lower unit revenue, says took ‘aggressive’ action after sales strategy backfires – CNBC
Jeep, Dodge-maker Stellantis reports 48% drop in first-half net profit on weak U.S. sales – CNBC
ServiceNow raises annual subscription revenue forecast on robust demand – Reuters
Hasbro beats second-quarter estimates, goes ‘all in’ on digital gaming segment – CNBC
Paramount shareholder sues to block Shari Redstone’s deal with Skydance – New York Post
GM reveals new Chevy Corvette with 1,000-plus horsepower and record top speed – CNBC

 

 

Trends to Watch

Stretching the Losses: Why Lululemon Stock Fell to Its Lowest Level Since 2020 on Thursday (Investopedia)
Train Record of Success: Norfolk Southern Sales Snap Losing Streak in Turnaround Push (Bloomberg)
Coining the Future of Retirements: Jersey City to Invest in Bitcoin ETFs, the Latest Pension to Dive Into Crypto (CoinDesk)
Catching up: China Is Closing the A.I. Gap With the United States (New York Times)
Good Times: The US economy is pulling off something historic (CNN)

 

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