Plus, Chevron and Exxon reported double-digit declines in revenue, U.S. coronavirus cases rose to a new daily record, and McDonald’s announced the McRib will return in December.
Read MorePlus, Merck’s CEO said a COVID-19 vaccine won’t be a “silver bullet” that ends the pandemic, Pinterest delivered a massive earnings beat, and LVMH is acquiring Tiffany at a discount.
Read MoreOver the last month or so, the market has struggled to establish a clear direction. Increasing COVID cases across the country are finally starting to cause concern, especially heading into the colder months of the year, while the political arena has only gotten more divisive and contentious in the weeks ahead of the presidential election. […]
Read MorePlus, 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.
Read MorePlus, 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.
Read MorePlus, 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.
Read MorePlus, 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.
Read MorePlus, 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.
Read MorePlus, stimulus negotiations are making little progress, Boeing shares are up after Europe’s top aviation official said the 737 MAX could return to the skies in the region before the end of the year, and Navistar shares are up on reports that it has agreed to a deal to merge with Traton.
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, stimulus negotiations are still at an impasse, Twilio is buying consumer data infrastructure company Segment, and Mallinckrodt filed for bankruptcy.
Read MorePlus, there’s more confusion on the stimulus front, GE got a big upgrade from Goldman Sachs, and Disney’s newest Pixar film is skipping theaters.
Read MoreFor talking heads and analysts, moving into the last quarter of the year is usually a good time to look back and find the storylines that have carried the market. With national elections coming up next month, the normal, COVID-19-driven narrative is being dovetailed with political analysis and rhetoric; along with the impact the pandemic […]
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.
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