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Covid-19: Nintendo profits triple as games boom continues, , on November 5, 2020 at 1:07 pm
The video games industry rakes in revenues around the world as coronavirus lockdowns continue., The video games industry rakes in revenues around the world as coronavirus lockdowns continue.,
IBM unveils cloud for 5G telcos, gets Nokia and Samsung as partners, , on November 5, 2020 at 1:07 pm
International Business Machines Corp on Thursday became the latest U.S. technology company to launch a cloud platform directed at telecom operators deploying 5G and signed up Nokia and Samsung as partners. A cloud platform uses software instead of physical equipment...
Cinemark Sees Revenue Plunge, Swings To The Red In COVID-Battered Q3; CEO Says Managing Liquidity Is Key, , on November 5, 2020 at 1:01 pm
Major movie chain Cinemark reported a COVID-battered quarter with revenue of $35 million versus $821 million the year earlier. It swung to a loss of $148 million from a $33-million profit. As of September 30, it had 252 domestic and 15 international theaters open to...
Stock market news live updates: Stock futures extend gains with key states left to report election results, , on November 5, 2020 at 12:49 pm
Stock futures jumped Thursday morning to extend a rally from a day earlier, as traders homed in on the outcome of the U.S. election with several key states’ results still hanging in balance., Stock futures jumped Thursday morning to extend a rally from a day earlier,...
Endo Announces Strategic Actions to Further Position the Company for Long-Term Success, , on November 5, 2020 at 12:30 pm
\- Initiatives to Enable Company to Reinvest in Key Areas of Growth -DUBLIN, Nov. 5, 2020 /CNW/ -- Endo International plc (NASDAQ: ENDP) today announced the initiation of several strategic actions to further optimize the Company's operations and increase overall...
Alibaba’s Sales Growth Plateaus Despite China’s Covid Recovery, , on November 5, 2020 at 12:29 pm
(Bloomberg) -- Alibaba Group Holding Ltd.’s revenue grew at the slowest pace on record for the July-September quarter, underscoring how the e-commerce giant’s post-pandemic rebound is starting to plateau.Revenue for the three months ended September rose 30% to 155.1...
A divided government could lead to massive stock market gains: strategist, , on November 5, 2020 at 12:05 pm
Gridlock in D.C. could be good for the stock market...really good, historical data shows., Gridlock in D.C. could be good for the stock market...really good, historical data shows.,
Biogen's $15 Billion Alzheimer's Surge Tarnishes FDA, , on November 5, 2020 at 12:00 pm
(Bloomberg Opinion) -- It’s hard to focus on anything besides the election and pandemic. But one of the most important drug debates in years is taking place this week, and it has nothing to do with President Donald Trump or Covid-19.On Friday, a panel of experts...
BCE reports third quarter 2020 results, , on November 5, 2020 at 12:00 pm
This news release contains forward-looking statements. For a description of related risk factors and assumptions, please see the section entitled "Caution Regarding Forward-Looking Statements" and the other relevant sections of this news release., This news release...
Costco Wholesale (NASDAQ:COST) Has Gifted Shareholders With A Fantastic 164% Total Return On Their Investment, , on November 5, 2020 at 11:49 am
When you buy shares in a company, it's worth keeping in mind the possibility that it could fail, and you could lose..., When you buy shares in a company, it's worth keeping in mind the possibility that it could fail, and you could lose...,
Lightspeed Announces Second Quarter 2021 Financial Results, Provides Outlook for Third Quarter, , on November 5, 2020 at 11:35 am
Second Quarter Revenue Grew 62% YoY to $45.5MCustomer Locations continued to grow reaching over 80,000 locations globally GTV grew 56% YoY to $8., Second Quarter Revenue Grew 62% YoY to $45.5MCustomer Locations continued to grow reaching over 80,000 locations globally...
What Type Of Shareholders Make Up BigCommerce Holdings, Inc.'s (NASDAQ:BIGC) Share Registry?, , on November 5, 2020 at 11:31 am
Every investor in BigCommerce Holdings, Inc. (NASDAQ:BIGC) should be aware of the most powerful shareholder groups..., Every investor in BigCommerce Holdings, Inc. (NASDAQ:BIGC) should be aware of the most powerful shareholder groups...,
Quarterhill Announces Third Quarter 2020 Financial Results, , on November 5, 2020 at 11:30 am
KITCHENER, ON, Nov. 5, 2020 /CNW/ - Quarterhill Inc., KITCHENER, ON, Nov. 5, 2020 /CNW/ - Quarterhill Inc.,
Trump could win 2020 election through court challenge: Rutgers Law professor, , on November 5, 2020 at 11:28 am
It's a "very likely possibility" that President Trump could win election through court challenge, said Rutgers Law Professor Stacy Hawkins., It's a "very likely possibility" that President Trump could win election through court challenge, said Rutgers Law Professor...
Calculating The Fair Value Of Barrick Gold Corporation (TSE:ABX), , on November 5, 2020 at 10:34 am
How far off is Barrick Gold Corporation (TSE:ABX) from its intrinsic value? Using the most recent financial data..., How far off is Barrick Gold Corporation (TSE:ABX) from its intrinsic value? Using the most recent financial data...,
Delivery timetable for Oxford/AstraZeneca vaccine slips, UK official says, , on November 5, 2020 at 10:12 am
The timetable for delivery of the Oxford University/AstraZeneca COVID-19 vaccine candidate has slipped, the UK's vaccine chief said, adding Britain will receive just 4 million doses of the shot this year. Britain had agreed in May to take 100 million doses of the...
Biden on Brink of Defeating Trump With Few States Left to Report, , on November 5, 2020 at 9:00 am
(Bloomberg) -- Joe Biden stood on the brink of claiming the presidency from Donald Trump on Thursday, with a handful of states expecting to complete their vote counts despite Republicans opening legal fights to stop counting in at least two states.Biden held 264...
History Signals U.S. Stocks May Extend Post-Election Surge, , on November 5, 2020 at 8:54 am
(Bloomberg) -- History suggests the post-election day rally in U.S. stocks bodes well for further gains over the next three months.The S&P 500 Index jumped 2.2% on Wednesday, its best performance the day after a U.S. presidential vote in data going back to 1932,...
Biogen Rockets 44% On “Substantial Evidence” For Alzheimer’s Drug Approval, , on November 5, 2020 at 8:02 am
Shares of Biogen exploded 44% after staff at the US Food and Drug Administration (FDA) concluded in a review that there was “substantial evidence” that aducanumab, its investigational treatment for Alzheimer’s disease, was effective.The stock jumped to $355.63 after...
Costco October Revenue Jump Fueled By 91% Online Sales Surge; Analyst Raises PT, , on November 5, 2020 at 7:55 am
Costco Wholesale Corp. said late Wednesday that October net sales surged 15.9% to $13.82 billion year-over-year. The membership-only warehouse club chain operator’s strong sales were boosted by stellar growth in e-commerce orders.Costco (COST) reported that its...
Glass Shortage Threatens Solar Panels Needed for Climate Fix, , on November 5, 2020 at 7:45 am
(Bloomberg) -- The world’s biggest solar power company says a shortage of glass is raising costs and delaying production of new panels, throwing a wrench into China’s plans to accelerate its shift to clean power.Prices for glass that coats photovoltaic panels have...
Tesla Gets Order For 150 Semi Trucks From Canadian Company As It Prepares For 'Volume Production', , on November 5, 2020 at 7:29 am
Tesla Inc (NASDAQ: TSLA) has received an order for 150 units of its Semi electric truck from a Mississauga, Canada-based trucking conglomerate.What Happened: Pride Group Enterprises announced Wednesday in a statement that it had placed a deposit to secure the initial...
Tesla or Nio: Which EV Stock Is A Better Pick Right Now?, , on November 5, 2020 at 6:44 am
Production disruptions and challenging economic conditions amid the pandemic have impacted the auto industry. But McKinsey notes that the electric vehicles or EV market has been surprisingly resilient in some countries. The consulting firm expects the EV market to...
U.S. Stock Futures Advance Amid Rebound in Technology Shares, , on November 5, 2020 at 6:05 am
(Bloomberg) -- U.S. stock futures rose after unbridled investor demand for technology and health-care stocks sent benchmark indexes to some of the strongest gains of the year.S&P 500 futures for December climbed 1% at 3:02 p.m. in Tokyo, while Nasdaq 100 contracts...
Why Qualcomm Shares Surged Over 12% After-Hours Wednesday, , on November 5, 2020 at 5:54 am
Qualcomm Inc (NASDAQ: QCOM) shares spiked 12% during the after-hours session Wednesday. The surge came as the chipmaker said it foresees the demand for 5G smartphones to double the shipments next year, with a forecasted range between 450 million to 550 million...
Inside the Chaotic Unraveling of Jack Ma’s $35 Billion Ant IPO, , on November 5, 2020 at 5:43 am
(Bloomberg) -- The mid-level bureaucrats left China’s richest man waiting as they prepared for a meeting that would send shockwaves across the financial world.It was Monday morning in Beijing, and Jack Ma had been summoned to the China Securities Regulatory Commission...
Jeff Bezos Sells Another $3B Worth Of Amazon Shares, , on November 5, 2020 at 5:34 am
Amazon Inc (NASDAQ: AMZN) CEO Jeff Bezos has offloaded $3 billion worth of the e-commerce company's shares this week, according to filings with the U.S. Securities and Exchange Commission on Wednesday.What Happened: Bezos's beneficial ownership filings show that a...
Apple Could Fail To Meet iPhone 12 Holiday Demand Due To Chip Shortage: Report, , on November 5, 2020 at 5:05 am
Apple Inc (NASDAQ: AAPL) is facing a shortage of chips used for power management in the iPhone, Bloomberg reported Wednesday.What Happened: The supply constraints could affect the Tim Cook-led company's ability to meet holiday demand for its flagship smartphone.People...
Gold holds firm as Biden leads in White House race, , on November 5, 2020 at 4:09 am
"It's likely Biden will secure a presidential victory and this has boosted confidence as a Democratic president may point to a bigger stimulus," said Margaret Yang, a strategist with DailyFx, which covers currency, commodity and index trading. Analysts expect Biden...
China’s Yuan Swings Most Since 2015 Devaluation on Biden’s Prospects, , on November 5, 2020 at 2:30 am
(Bloomberg) -- China’s yuan is emerging as one of the most sensitive assets to the outcome of the U.S. presidential elections.The offshore yuan climbed as much as 0.9% in late trading Wednesday to 6.6202 per dollar, its strongest level since July 2018, after earlier...
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