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Oracle Won The Bid For ByteDance’s TikTok

Plus, 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.

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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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Buffett’s Berkshire Hathaway Is Betting Big On These 5 Japanese Companies

Plus, 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.

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Walmart Is Teaming Up With Microsoft On A Bid For TikTok

Plus, 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.

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AstraZeneca Shares Are Up On Reports Trump Administration May Fast Track Its COVID-19 Vaccine

Plus, 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.

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Oracle Is Now In The Running To Buy TikTok’s U.S. Operations

Plus, Senate Republicans are planning to introduce a scaled back stimulus bill as the standoff with Democrats over a new virus relief plan continues, Quest Diagnostics sped up its coronavirus testing turnaround time, and three big retailers reported earnings.

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Tesla Just Announced A Five-For-One Stock Split

Plus, China wants TikTok and WeChat to be on the agenda in upcoming trade talks with the U.S., the U.S. government will purchase at least 100 million doses of Moderna’s coronavirus vaccine, and Stein Mart just became the latest retailer to declare bankruptcy.

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Biogen Shares Jump After FDA Gives Priority Review To Its Alzheimer’s Drug

Plus, President Trump issued an executive order banning TikTok and WeChat, July job gains came in just under 1.8 million, and coronavirus relief bill talks have stalled.

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Chinese State Media Call U.S. A “Rogue Country” Amid Conflict Over TikTok

Plus, democrat and republican negotiators made some progress on the next coronavirus relief bill, Ford’s Hackett is out as CEO, and Take-Two Interactive reported strong earnings results.

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ADT Shares Skyrocket On New Deal With Google

Plus, stimulus stocks continue to sputter, Eli Lilly is beginning a late stage trial of its experimental coronavirus antibody treatment in nursing homes, Microsoft has 45 days to finalize a deal to buy TikTok, and another electric vehicle maker is going public via a merger with a blank-check SPAC.

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The U.S. Will Pay Sanofi & GlaxoSmithKline Up To $2.1 Billion For 100 Million Doses Of Their Coronavirus Vaccine Candidate

Plus, big tech stocks crushed earnings, $600-a-week unemployment benefits are set to expire with no agreement on a new stimulus bill in Congress, Merck is preparing to launch a large study of its experimental coronavirus treatment, and Pinterest is on the rise.

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Weekly Jobless Claims Rose For The First Time Since March

Plus, coronavirus cases in the U.S. rose to 4 million, Senate Republicans have come to agreement with the White House on how to proceed with a new coronavirus relief bill, Tesla smashed earnings estimates, and another retailer declared bankruptcy.

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Pfizer & BioNTech Just Landed A $1.95 billion Contract To Provide 100 Million Doses Of Its Coronavirus Vaccine

Plus, the U.S. ordered China to close its consulate in Houston, Nike announced a leadership shake-up, Slack filed a complaint against Microsoft with the European Commission, and United Airlines reported earnings.

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Twitter Shares Are Down After Hackers Attack High-Profile Users

Plus, 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.

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