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Tech PostScript

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Tech PostScript
This Week in Tech (Week Ending Aug 3, 2024)

This Week in Tech (Week Ending Aug 3, 2024)

TL;DR - πŸš¨πŸ“‰ Recession alert; πŸ’° Earnings; πŸš€ Meta chat platforms; 🀝 Lots of M&A

Aug 04, 2024
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Tech PostScript
Tech PostScript
This Week in Tech (Week Ending Aug 3, 2024)
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Hey folks!

Tech news below - have a great weekend ahead!

TL;DR

  • πŸš¨πŸ“‰ Recession alert: Stocks fell sharply on Friday due to a weak jobs report a high unemployment rate - the Nasdaq lost 2.43%, and the Dow Jones fell over 600 points or 1.51%. The Nasdaq is the first of the three major benchmarks to enter correction territory, down more than 10% from its reco…

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