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August Is A Flat Month For Most Stocks, Yet Technology Tends To Perform Well

Over the last 20 years, August has been a mediocre month in terms of stock market performance. Over that time frame, the S&P 500 has experienced upward movement in 13 of those 20 years, accounting for a 65% success rate. On average, the S&P 500 only rallied 0.3% in August. Compare that to July which has averaged 2.3% rallies over the last 20 years.

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Netflix Faces Backlash: An Exploration Into Its Controversial $900,000 AI Job Offer Amid A Surprising 12% Stock Plummet

Netflix has made headlines for its decision to offer a machine learning product manager role with a salary range between $300,000 and $900,000 per year, which has attracted criticism. This decision coincides with active strikes by the Screen Actors Guild of America and the Writers Guild of America, both demanding increased wages for their members.

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