Market Meltdown, Job Jitters & Oil Offer (+5 more stories)

The Daily Business and Finance Show - Wednesday, 2 August 2023 We get our business and finance news from Seeking Alpha and you should too! Subscribe to Seeking Alpha Premium for more in-depth market news and help support this podcast. Free for 14-days! Please click here for more info: Subscribe to Seeking Alpha Premium News Today's headlines: Nasdaq slumps more than 2%, S&P, Dow fall after U.S. rating downgrade, hot jobs data Energy Transfer GAAP EPS of $0.25 misses by $0.07, revenue of $18.32B misses by $2.08B U.S. scraps latest offer to replenish emergency oil reserve Qualcomm stumbles on weak Q4 guidance Devon Energy slips after narrow Q2 earnings miss, reduced dividend AMD leads chips lower on weak Q3 forecast; investors await Qualcomm results PayPal stock slides after in-line Q2 earnings, active accounts number slips JPMorgan CEO Jamie Dimon says Fitch U.S. ratings downgrade is `ridiculous' Explanations from OpenAI ChatGPT API with proprietary prompts. This podcast is produced by Klassic Studios Learn more about your ad choices. Visit megaphone.fm/adchoices