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July loses 23,000 jobs; Navellier touts AI-driven Palantir gains

8/7/2026

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Summary

Story summary

Maria Bartiromo reported that 23,000 jobs were lost in July.
The job losses were concentrated in local government and the leisure and hospitality sectors.
Investor Louis Navellier described the weak jobs report as good news, citing continued corporate gains.
Louis Navellier noted that Palantir posted record earnings after cutting its sales force, which he linked to an AI productivity boom.

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Story summary

Maria Bartiromo reported that 23,000 jobs were lost in July.
The job losses were concentrated in local government and the leisure and hospitality sectors.
Investor Louis Navellier described the weak jobs report as good news, citing continued corporate gains.
Louis Navellier noted that Palantir posted record earnings after cutting its sales force, which he linked to an AI productivity boom.