Weekly Newsletter – 26th July , 2024

Both the S&P 500 and Nasdaq ended the week lower, with the Nasdaq facing significant declines. Earnings reports are highlighting concerns about overhyped AI investments and potential slowdowns in consumer spending. Alphabet’s results intensified doubts about AI returns, while Southwest Airlines, UPS, and Whirlpool raised fears about consumer pullback. The US economy grew at an […]

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