Plus, jobless claims were lower than expected for last week though recovery in the labor market appears to be slowing, there’s a glimmer of hope on the stimulus front, and Moderna said it should have data for its late-stage coronavirus vaccine trial in November.
Read MorePlus, Nvidia is buying Arm Holdings in the biggest deal in the semiconductor industry ever, Gilead said it’s continuing to study new ways to use its remdesivir treatment for the coronavirus, and Delta said it is borrowing $6.5 billion backed by its frequent-flyer program.
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, LVMH is scrapping its bid for Tiffany, Lululemon delivered an earnings beat, and Walmart is testing drone delivery for grocery items.
Read MorePlus, the Senate will vote on a “skinny” coronavirus relief bill this week, companies in the race to produce COVID-19 vaccines pledged to avoid shortcuts on science in the approval process, and Microsoft announced a smaller version of its new Xbox gaming console.
Read MorePlus, the unemployment rate fell to 8.4% in August, the WHO said it doesn’t expect the world will see large-scale coronavirus vaccinations until mid-2021, and Peloton announced a new lower-priced treadmill and a new premium bike model.
Read MorePlus, new weekly jobless claims totaled 881,000, Pfizer said it could have results from its Phase 3 coronavirus vaccine trial as early as October, and Tesla has fallen to near bear market territory.
Read MoreBuy Price: $8.00 or better Sell Price: TradersPro Sell Signal Eton Pharmaceuticals, Inc., a specialty pharmaceutical company, focuses on developing and commercializing pharmaceutical products. The company offers Biorphen, a phenylephrine hydrochloride injection for the treatment of clinically important hypotension resulting primarily from vasodilation in the setting of anesthesia.
Read MorePlus, U.S. cases of the coronavirus are about to surpass 6 million, China threw a wrench in TikTok-owner ByteDance’s sale of its U.S. operations, and Amazon one approval from the FAA for its drone delivery service.
Read MoreBuy Price: $8.00 or better Sell Price: TradersPro Sell Signal Amarin Corporation plc, a pharmaceutical company, develops and commercializes therapeutics for the treatment of cardiovascular diseases in the United States. The company’s lead product is Vascepa, a prescription-only omega-3 fatty acid capsule, used as an adjunct to diet for reducing triglyceride levels in adult patients […]
Read MorePlus, Fed Chairman Powell announced a move to “average inflation targeting,” initial jobless claims again came in above 1 million, and Amazon is getting into the wearables market.
Read MorePlus, the FDA Commissioner is walking back comments on the benefits of convalescent plasma, American Airlines announced it is laying 19,000 workers, and Best Buy shares are down even after reporting a great quarter.
Read MorePlus, the FDA issued emergency use authorization of convalescent plasma to treat hospitalized coronavirus patients, TikTok is suing the U.S. government, and another electric vehicle startup is going public.
Read MoreI seem to be noticing a new trend, not just among average consumers and investors, but even among people that I think should be hard-wired to know better, and that’s a desire to just write off 2020 and hit the reset switch. A lot of the commentary and debate among talking heads and market news […]
Read MorePlus, U.S. sales of previously owned homes surged the most on record in July, Deere delivered an earnings beat, and Tesla shares surged past $2,000.
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