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House Expected To Pass $1.9 Trillion Coronavirus Relief Bill Today

Plus, DraftKings delivered an earnings beat, AT&T is selling off its DirecTV unit, and an internal review found that Nikola’s founder and former CEO made inaccurate statements following accusations by a short seller in September 2020.

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Meme Stocks Are Back As GameStop Surges 85% Higher

Plus, jobless claims fell sharply last week amid harsh winter storms across the central U.S., an analyst says Moderna could soon see a $100 billion valuation, Wayfair reported an earnings miss, and Coinbase is going public.

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FDA Staff Recommend Johnson & Johnson’s Single-Shot COVID Vaccine For Emergency Use Authorization

Plus, House Democrats are planning to pass the $1.9 trillion coronavirus relief bill on Friday, Lowe’s delivered an earnings beat, and Workhorse shares are down after getting passed over for a contract with the USPS.

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Bitcoin Is Now Worth More Than $1 Trillion

Plus, Pfizer is seeking permission to store its COVID-19 vaccine at higher temperatures, Uber lost a key case in the U.K., and Tesla lowered its prices on two vehicles.

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Stocks Slip On Unexpected Rise In Initial Jobless Claims

Plus, last month’s GameStop saga is under the spotlight in Congress today, Walmart reported mixed earnings, and bitcoin surged above $52,000 for the first time.

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Bitcoin Surged Past $48,000 This Morning – Here’s Why

Plus, pot stocks are falling, jobless claims came in worse than expected, and Kraft Heinz is selling its nuts businesses to Hormel for $3.35 billion.

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Uber & Walgreens Are Teaming Up To Make It Easier For Customers To Get Their COVID-19 Vaccines

Plus, House Democrats released the first round of draft text for part of the $1.9 trillion stimulus package, Eli Lilly shares are down after announcing the resignation of CFO Smiley, and Avaya shares are up after delivering an earnings beat.

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Bitcoin Surged Past $44K After Tesla Said It Invested $1.5 Billion In The Digital Coin

Plus, AstraZeneca is racing to adapt its COVID-19 vaccine after it was found that it offered little protection against the South African variant of the virus, Hyundai and Kia are down after the carmakers said they are not in talks with Apple to build an autonomous car, and Target shares are up after an upgrade.

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Johnson & Johnson Just Applied For Emergency Use Authorization For Its COVID-19 Vaccine

Plus, the Labor Department reported nonfarm payrolls rose by just 49,000 in January, GameStop shares are up after Robinhood removed trading restrictions on the stock, and Teradata shares are up more than 32% this morning.

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One Expert Warns There’s A Pullback Coming For The Market In The Near-Term

There could be a 10% correction on the horizon, but this strategist says investors shouldn’t worry too much and should be prepared to buy on any market weakness. Here’s why.

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