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Why Reddit, Meta, and Apple revenue is soaring amid tariff threats and economic headwinds
Some tech companies are still raking it in.
Yahoo Finance noted that second-quarter earnings were largely trending positive and that "analysts tempered their expectations amid President Trump's tariffs, stocks' lofty valuations, and uncertainty about the health of the US economy." Reddit just barely beat expectations for daily active users, even as Google's AI push has put a damper on web traffic for most sites. In addition, a negative July jobs report is increasing economic unease, even among Trump loyalists.
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