Amazon vs. Apple, the July Jobs Report, and More Oil Output Cuts 8/4/23

Amazon shares are rising on an earnings beat, while Apple shares are falling following another quarter of revenue declines. CFRA’s Arun Sundaram and Synovus Trust’s Dan Morgan discuss. Plus, the monthly jobs report is out today, with economists expecting employers to have added 200,000 net new jobs last month. ZipRecruiter’s Julia Pollak explains. And, Saudi Arabia is extending its oil output cut of one million barrels per day through September. Energy Intelligence’s Amena Bakr breaks down the impact on energy prices.