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August 07, 2025 - Stonks Gone Wrong Market Update
Manage episode 498970339 series 3669297
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August 07, 2025: Market sentiment shows caution as Asia stocks prepare for a subdued opening following a cooling Wall Street. Firefly's stock surged amid strong investor interest in its recent IPO, while Upwork's CEO noted a rising trend among Gen Z for digital tools. Vistra reported electricity demand mimicking 1990s levels, driven by AI and crypto sectors. Block, led by Dorsey, raised its forecast on robust Cash App lending. Instacart indicated that grocery partners are adopting competitive pricing strategies as demand forecasts exceed expectations. CRH's CEO highlighted involvement in major data center projects. Powered by LabCat AI research tools.
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