Stock market update for March 8, 2024.

Rivian shares surge as company reveals new EV models, $2.25 billion in cost savings (CNBC)
US Jobless Rate Hits Two-Year High Even as Hiring Stays Strong (Bloomberg)
Netflix and Most Valuable Promotions Partner on Jake Paul vs. Mike Tyson (Netflix)
Gap shares pop as company’s holiday earnings blow past estimates, Old Navy returns to growth (CNBC)
Why Costco Stock Is Down After Earnings Beat Expectations (Barron's)
Novo Nordisk market cap surpasses Tesla on new obesity pill trial data (CNBC)

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Rivian Reveals New EV Models, Jobs Report Comes in Hot

The Rundown