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U.S., European Stock Futures Fall; Dollar Climbs: Markets Wrap, , on October 28, 2020 at 7:15 am
(Bloomberg) -- U.S. and European equity futures fell and Asian stocks were mixed Wednesday amid concern about the impact of the worsening pandemic on economic activity in some parts of the world. The dollar advanced.S&P 500 futures retreated and European contracts...
Africa Energy Announces Second Significant Discovery Offshore South Africa, , on October 28, 2020 at 7:15 am
VANCOUVER, BC, Oct. 28, 2020 /CNW/ - Africa Energy Corp., VANCOUVER, BC, Oct. 28, 2020 /CNW/ - Africa Energy Corp.,
The Pessimist’s Guide to Jack Ma’s Record-Breaking Ant IPO, , on October 28, 2020 at 6:57 am
(Bloomberg) -- Few initial public offerings have aroused more anticipation than the blockbuster listing of Jack Ma’s Ant Group Co.Demand for the record $34.5 billion IPO has been so strong this week that Ant decided to stop taking orders from big investors a day...
Deutsche Bank Lifts Outlook After Trading Beats Wall Street, , on October 28, 2020 at 6:43 am
(Bloomberg) -- Deutsche Bank AG raised the outlook for the investment bank after its debt traders snapped a long streak of losing market share with a Wall Street-beating result that more than offset weakness in the corporate bank.Income from trading fixed-income...
Gold steady as coronavirus, U.S. election uncertainties loom, , on October 28, 2020 at 6:16 am
Spot gold was little changed at $1,909.20 per ounce by 0619 GMT. U.S. gold futures were flat at $1,911.60. "Investors need a reason to buy more gold and the reason to buy gold will come from a policy signal," said Stephen Innes, chief global market strategist at Axi.,...
Is Apple Stock a Buy Ahead of Earnings? This Is What You Need to Know, , on October 28, 2020 at 1:53 am
Apple (AAPL) will report FQ4 earnings on Thursday evening in what will as per usual be one of earnings season’s highlights. This September quarter’s results, however, will have a different flavor, due to the well-publicized delay to the new iPhone’s release. An issue...
American Airlines (AAL) Stock Still Worth $18, Says Analyst, , on October 28, 2020 at 1:23 am
Back in April, Deutsche Bank analyst Michael Linenberg forecast that by 4Q20, American Airlines (AAL) will be will generating 65% of 4Q19’s revenue – i.e. a year-over-year revenue decline of 35%. But making any forward predictions in 2020 has been a thankless task, as...
Boeing Earnings Are Coming; Here’s What Matters, , on October 28, 2020 at 12:43 am
Many companies will be eager to put 2020 behind them and surely so will Boeing (BA). The A&D giant had issues to contend with prior to the viral outbreak, but these were exacerbated by COVID-19’s ruinous impact on the airline industry.Reduced long-term commercial...
Blackrock, Bezos And Musk Charging Ahead in this $30 Trillion Mega-Trend, , on October 28, 2020 at 12:01 am
In the last two years there has been a 733% increase in ESG investments while tech companies have soared, now there is one new industry player bringing these two key sectors together, In the last two years there has been a 733% increase in ESG investments while tech...
Aston Martin Turns to Mercedes for Help Steering Out of Crisis, , on October 28, 2020 at 12:00 am
(Bloomberg) -- Months after catching a lifeline from its billionaire owner, Aston Martin Lagonda Global Holdings Plc is securing more sorely needed funds and forging closer ties with Daimler AG to survive tumultuous times for the auto industry.The British carmaker is...
Todd Gordon’s Qualcomm Options Trade, , on October 27, 2020 at 11:51 pm
On CNBC's "Trading Nation," Todd Gordon said he's bullish QUALCOMM, Inc. (NASDAQ: QCOM) and he will likely add it to his portfolio.Gordon is bullish because Qualcomm's chips are included in iPhone 12 and Apple Inc. (NASDAQ: AAPL) intends to include them in future...
Coinbase Goes Down as Bitcoin Approaches 2019 Highs, , on October 27, 2020 at 11:49 pm
Coinbase has halted trading on its platform as bitcoin crawls to 2019 highs., Coinbase has halted trading on its platform as bitcoin crawls to 2019 highs.,
Josh Brown Shares His Thoughts On UPS, , on October 27, 2020 at 11:48 pm
On CNBC's "Fast Money Halftime Report," Josh Brown spoke about UBS's bullish call on United Parcel Service, Inc. (NYSE: UPS). UBS upgraded the stock to Buy with a price target of $214.Brown doesn't own the stock, but he kind of likes it. He likes the fundamentals...
Price Cut Could Settle Tiffany vs. LVMH, , on October 27, 2020 at 11:00 pm
The jeweler's stock rebounded on reports that it would consider less than the $135-a-share price set last year., The jeweler's stock rebounded on reports that it would consider less than the $135-a-share price set last year.,
Jim Cramer Talks AMD, Inovio And Honda Motors, , on October 27, 2020 at 10:57 pm
Jim Cramer on Tuesday's "Mad Money" shared his thoughts on Advanced Micro Devices, Inc. (NASDAQ: AMD), Inovio Pharmaceuticals, Inc. (NASDAQ: INO) and Honda Motor Co., Ltd. (NYSE: HMC).On AMD: Cramer says "AMD has much more room to go" following the company's strong...
Americans are bracing their finances for the election — should you?, , on October 27, 2020 at 10:30 pm
A survey finds many people are making these six money moves with an eye on Nov. 3., A survey finds many people are making these six money moves with an eye on Nov. 3.,
Stock market news live updates: Stock futures open lower, Dow futures shed 100+ points, , on October 27, 2020 at 10:16 pm
Stock futures opened lower Tuesday evening after another volatile day on Wall Street, with investors continuing to digest still-elevated coronavirus case counts in the U.S. and Europe, weighing outcomes of Election Day next week and contemplating when another round of...
J.C. Penney Lender Fight Shows Competing Bankruptcy Interests, , on October 27, 2020 at 9:46 pm
The ongoing conflict between J.C. Penney’s lender constituencies reflects the ever-present struggles in a bankruptcy., The ongoing conflict between J.C. Penney’s lender constituencies reflects the ever-present struggles in a bankruptcy.,
Microsoft’s Sales Top Estimates on Booming Cloud Demand, , on October 27, 2020 at 9:36 pm
(Bloomberg) -- Microsoft Corp.’s first-quarter revenue climbed a better-than-projected 12%, strengthened by corporate demand for cloud-computing services to support customers’ remote workers and move more of their business online.Sales in the period that ended Sept....
AMD’s Lisa Su Redoubles Intel Challenge With Record Xilinx Deal, , on October 27, 2020 at 9:31 pm
(Bloomberg) -- Lisa Su spent her first six years at the helm of Advanced Micro Devices Inc. turning around the troubled chipmaker. She slashed debt and oversaw products that launched on time and performed as advertised.Now she’s going beyond cleanup to challenge Intel...
Wells Fargo Hits Lowest Since 2009 as Investors Await Strategy, , on October 27, 2020 at 9:05 pm
(Bloomberg) -- Wells Fargo & Co. shares fell to their lowest level in more than a decade Tuesday as investors awaiting Chief Executive Officer Charlie Scharf’s strategy absorbed the prospect of job cuts and likely business sales.Shares declined 3.9% to their...
Overall, its a really strong quarter across the board: Analyst on Microsoft earnings, , on October 27, 2020 at 9:01 pm
D.A. Davidson Analyst Rishi Jaluria joins The Final Round panel to break down what to make of Microsoft in it’s better-than-expected earnings report. , D.A. Davidson Analyst Rishi Jaluria joins The Final Round panel to break down what to make of Microsoft in it’s...
EQT to Buy Chevron Appalachian Shale Assets for $735 Million, , on October 27, 2020 at 8:53 pm
(Bloomberg) -- EQT Corp. agreed to buy Chevron Corp.’s Appalachian shale assets for $735 million as the biggest producer of U.S. natural gas takes advantage of an industry slump to expand.The transaction is expected to close by the end of the year, EQT said in a...
Were Hedge Funds Right About Crowding Into Marvell Technology Group Ltd. (MRVL)?, , on October 27, 2020 at 8:32 pm
Out of thousands of stocks that are currently traded on the market, it is difficult to identify those that will really generate strong returns. Hedge funds and institutional investors spend millions of dollars on analysts with MBAs and PhDs, who are industry experts...
MindMed Files Final Prospectus In Connection With Bought Deal Equity Financing, , on October 27, 2020 at 8:30 pm
FINANCING TO SUPPORT THE DEVELOPMENT OF MINDMED'S GROWING PIPELINE OF PSYCHEDELIC INSPIRED MEDICINES AND EXPERIENTIAL THERAPIESNOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESTORONTO, Oct. 27, 2020 /PRNewswire/ -- Mind...
Microsoft beats Q1 estimates, credits cloud business, , on October 27, 2020 at 8:27 pm
On Tuesday, Microsoft announced its fiscal Q1 2021 earnings, beating analysts’ expectations on the strength of its cloud business. The tech company reported revenue of $37.2 billion, beating the Street estimate of $35.76 billion. Yahoo Finance’s Myles Udland breaks...
A Look At The Fair Value Of Facebook, Inc. (NASDAQ:FB), , on October 27, 2020 at 7:55 pm
In this article we are going to estimate the intrinsic value of Facebook, Inc. (NASDAQ:FB) by taking the forecast..., In this article we are going to estimate the intrinsic value of Facebook, Inc. (NASDAQ:FB) by taking the forecast...,
Microsoft Q1 2021 earnings beat expectations on cloud strength, , on October 27, 2020 at 7:47 pm
Microsoft Q1 2021 earnings beat analyst expectations on continued cloud strength., Microsoft Q1 2021 earnings beat analyst expectations on continued cloud strength.,
AMD to buy Xilinx in $35B deal, expanding chip business, , on October 27, 2020 at 7:17 pm
Yahoo Finance’s Dan Howley joins Kristin Myers to discuss how AMD agreeing to buy Xilinx is a chipmaker mega-deal., Yahoo Finance’s Dan Howley joins Kristin Myers to discuss how AMD agreeing to buy Xilinx is a chipmaker mega-deal.,
Most efficacious, safest COIVD-19 vaccine ‘is going to be the winner’: Strategist, , on October 27, 2020 at 7:12 pm
Jefferies Healthcare Equity Strategy Jared Holz joins Yahoo Finance’s Kristin Myers to break down the latest on coronavirus vaccine developments. , Jefferies Healthcare Equity Strategy Jared Holz joins Yahoo Finance’s Kristin Myers to break down the latest on...
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