WS #13623
July nonfarm payrolls fell 23,000 vs +80,000 expected, with downward revisions, cutting Fed hike odds and driving stocks, gold, and bonds higher. Doximity shares more than doubled on AI search profitability; Airbnb surged 15% on strong earnings and AI spending; Twilio +31% on earnings beat.
US Labor Market Contraction
July nonfarm payrolls fell 23,000 vs +80,000 expected, with downward revisions, cutting Fed hike odds and driving stocks, gold, and bonds higher.
Doximity shares more than doubled on AI search profitability; Airbnb surged 15% on strong earnings and AI spending; Twilio +31% on earnings beat.