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AMD Is Buying Xilinx In All-Stock Deal Valued At $35 Billion

Plus, the U.S. set another record daily average of new coronavirus cases, Merck and 3M delivered earnings beats, Las Vegas Sands is considering a sale of its U.S. properties, and Tiffany and LVMH are in indirect discussions about a possible settlement.

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INTC is dropping after its last earnings report – but it is a still a BIG value

Intel Corp (INTC) is a stock that I’ve followed for quite some time, and that I’ve written about in this space quite a bit over the last few months. This is one of the 600-lb gorillas of the Technology sector, after all, and the company that is easily considered the gold standard of companies in […]

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Stocks Sink As New Daily Coronavirus Cases Rise To A New Record

Plus, the chances for stimulus being passed ahead of the election are looking evermore slim, Dunkin’ Brands shares are up on takeover reports, and Hasbro shares are down after the toy maker reported third quarter earnings.

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Stimulus Looking Increasingly Unlikely Before The Election As Pelosi & Mnuchin Continue To Negotiate

Plus, the FDA officially approved Gilead’s remdesivir for treating hospitalized coronavirus patients, Intel share are down after reporting mixed earnings results, and things are looking like 2018 for bitcoin.

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Align Technologies Shares Surge More Than 30% After Delivering Massive Earnings Beat

Plus, weekly jobless claims fell to their lowest level since March, Moderna has officially enrolled 30,000 participants in its late-stage COVID-19 vaccine trial, and Tesla delivered an earnings beat.

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Snap Shares Skyrocket After Reporting An Unexpected Profit

Plus, stimulus negotiations are still going, Pfizer said it has set up its “biggest ever” logistics operation to distribute its COVID-19 vaccine candidate, and Nikola shares are up on hopes for its deal with GM.

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The DOJ Just Filed Its Antitrust Suit Against Google

Plus, today is do-or-die day for a stimulus deal before the election, Moderna’s CEO said it could have emergency use authorization from the FDA in December, and GM announced a $2.2 billion investment in manufacturing electric vehicles.

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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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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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Nikola Shares Plummet After Wedbush Issues First Sell Rating On The Street

Plus, President Trump refused to commit to a peaceful transition of power should he lose the November election, last week’s initial jobless claims were higher than expected, and United Airlines is about to start offering rapid coronavirus tests to some fliers to Hawaii.

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China Is Threatening To Kill The Deal For TikTok

Plus, Johnson & Johnson started its phase three trial for its possible coronavirus vaccine, Nike shares are up after its earnings report, and Tesla shares are down after its disappointing Battery Day event.

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FedEx Shares Surge On Better-Than-Expected Earnings Results

Plus, the Fed wraps up its last meeting before the presidential election today, U.S. consumer spending slowed in August, and Eli Lilly said its antibody treatment for the coronavirus appeared to reduce hospitalization rates in a trial.

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Nikola Shares Tank After Allegations Of Fraud From A Short Seller

Plus, wildfires continue to burn on the U.S. West Coast, Trump won’t extend the deadline for TikTok to feel its U.S. operations, China is testing a intranasal spray vaccine, and Peloton delivered an earnings beat.

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