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Jobless Claims Unexpectedly Jump As Recovery Loses Steam

Plus, the tussle over a stimulus deal continues, Morgan Stanley delivered an earnings beat, and Fastly shares plummet after delivering downbeat third-quarter guidance.

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Goldman Sachs Just Reported A Monster Earnings Beat

Plus, earnings results weren’t so good for Bank of America and Wells Fargo, stimulus is looking evermore unlikely prior to the election, and Apple unveiled its newest iPhones.

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Earnings Season Kicks Of With Better-Than-Expected Results From JPMorgan & Citigroup

Plus, Delta reported a $5.4 billion loss, AMC said it could run out of money by early 2021 as movie theaters continue struggle amid the ongoing coronavirus, and Disney announced a reorganization to focus its media and entertainment business on streaming.

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Dillard’s Shares Skyrocket After Buffett Protege Discloses New Stake

Plus, stimulus negotiations are still at an impasse, Twilio is buying consumer data infrastructure company Segment, and Mallinckrodt filed for bankruptcy.

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IBM Shares Soar After Announcing Spin-Off Of Its IT Infrastructure Unit

Plus, jobless claims were worse than expected, Regeneron submitted an emergency use authorization request to the FDA for its antibody cocktail, and Morgan Stanley is buying Eaton Vance.

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Levi Strauss Shares Jump As Denim Maker Reports 52% Online Sales Growth

Plus, President Trump called off stimulus negotiations, Eli Lilly submitted a request to the FDA for emergency use authorization for its experimental COVID-19 antibody treatment, and GE got a Wells notice from the SEC.

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Boeing Shares Sink Lower After It Cut Expectations For Demand For The Next Decade

Plus, Trump is back at the White House, House Speaker Pelosi and Treasury Secretary Mnuchin will resume stimulus negotiations today, and Apple announced a new product launch event for October 13 where it is expected to unveil new iPhone models.

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Stocks Are Higher On Stimulus Hopes As President Trump Remains Hospitalized

Plus, AMC shares are down as movie theaters close with no big releases until the end of this year, Bristol-Myers Squibb is buying MyoKardia, and Nvidia is building a $52 million supercomputer for Cambridge.

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Stocks Drop After President Trump’s COVID Diagnosis

Plus, nonfarm payrolls for September came in lower than expected, stimulus talks are in limbo, and Tesla delivered more vehicles than expected in the third quarter.

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Bed Bath & Beyond Shares Are Up 30%+ After Surprise Earnings Beat

Plus, initial jobless claims were lower than expected, AstraZeneca shares are down after the FDA said it’s expanding its inquiry into the serious illness of a participant in its COVID vaccine trial, and the CEOs of Facebook, Google, and Twitter will be subpoenaed for testimony by the Senate Commerce Committee.

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Stocks Are Higher After Treasury Secretary Mnuchin Says He’s “Hopeful” Agreement Can Be Reached On New Stimulus Deal

Plus, several blue-chip companies announced tens of thousands of job cuts, Moderna and Regeneron are up on positive coronavirus drug news, and two software companies went public through direct listings this morning.

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Stimulus Talks May Reach A Fork In The Road Today As The Trump Administration Mulls New Democratic Stimulus Proposal

Plus, global coronavirus cases surpassed 1 million, JPMorgan will pay $920 million to resolve probes related to ‘spoofing’ by its traders, and Nikola shares are down again this morning on assault allegations against former Chairman Milton.

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This Tiny Lithium Company Is Up 240%+ This Morning After Signing A Supply Deal With Tesla

Plus, a judge temporarily blocked the Trump administration’s order banning TikTok from being downloaded from U.S. app stores, there’s new hope on the stimulus front, and Devon Energy and WPX Energy are moving forward with a merger of equals.

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Democrats Are About To Put Forth A New $2.4 Trillion Stimulus Bill

Plus, Goldman Sachs said fears that a delayed U.S. election result could upend the stock market are overblown, Novavax entered a late stage trial for its coronavirus vaccine candidate, and Amazon announced two new Fire TV sticks.

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