Plus, Biden unveiled a $1.9 trillion coronavirus stimulus package, the SEC has opened an investigation into Exxon’s valuation of a key Permian Basin asset, and Apple is reportedly gearing up debut two new MacBook Pro models.
Read MoreAs the market rotates out of big tech names, these 2 stocks look like promising bets on the economic recovery ahead.
Read MoreInvestors may be down on banking stocks, but one expert says there’s an opportunity with these 3 names in the sector.
Read MorePlus, the tussle over a stimulus deal continues, Morgan Stanley delivered an earnings beat, and Fastly shares plummet after delivering downbeat third-quarter guidance.
Read MorePlus, 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.
Read MorePlus, 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.
Read MorePlus, 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.
Read MorePlus, 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.
Read MoreHere’s why this stock may be the best bet in the banking space now.
Read MorePlus, weekly jobless claims were higher than expected, AstraZeneca said it still expects to know whether its coronavirus vaccine will be safe and effective before the end of this year, and LVMH is suing Tiffany.
Read MorePlus, gold traded above $1,900 an ounce for the first time since 2011, Goldman Sachs is one step closer to resolving the 1MDB scandal in a settlement with Malaysia, and Intel shares are down sharply after its earnings beat was overshadowed by production delays.
Read MorePlus, it’s looking unlikely Congress will pass another coronavirus relief bill before the end of July, IBM reported an earnings beat, eBay sold its classified ads unit, and Men’s Wearhouse-parent Tailored Brands is laying off 20% of its workforce and considering closing up to 500 stores.
Read MorePlus, jobless claims came in higher than 1 million for the seventeenth week in a row, security experts warned Russian hackers are trying to steal COVID-19 vaccine research, Morgan Stanley reported better-than-expected earnings, and Tesla shares are down after a report that its vehicle registrations were down by nearly half in the second quarter.
Read MorePlus, Goldman Sachs reported blow-out earnings results, Walmart announced it will now require shoppers to wear masks at all of its stores, Apple won an appeal against the European Commission, and Zoom Communications is getting into hardware.
Read MorePlus, Delta Air Lines said it is cutting in half the number of flights it had planned to add next month as the coronavirus continues to roil flight demand, 3M has teamed up with MIT to develop a rapid coronavirus antigen test, Google is reportedly in talks to make a $4 billion in Indian telecom Jio Platforms, and Ford unveiled its new line of Bronco SUVs.
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