Good MorningThe U.S. equities markets fell on Monday after investors begin to turn their focus on new risks. Among them, growing political turmoil related to the Presidential election and the transition of power. The FBI reported protests at all 50 state capitals and in the District of Columbia. Democrats in the House of Representatives have already written new articles of impeachment and plan to vote on them this week.
Elsewhere in the market, the Biden presidency threatens equity prices in other ways. Not only is the threat of higher corporate taxes real but an increasingly regulatory environment is expected. The sector most at risk is the tech-sector and that can be seen in the day’s action. The NASDAQ Composite shed more than 1.50% while the S&P 500 and blue-chip Dow Jones Industrial Average posted much smaller losses.
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Politics | | | Asian shares were mixed Monday as hopes for more U.S. economic aid were countered by fears over spreading damage from the pandemic.
Traders continued to be cheered by prospects that the incoming administration of President-elect Joe Biden will pump more aid into the U.S. economy, a m... Read the Full Story |
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Politics | | | Global shares and U.S. futures were mostly lower Monday as hopes for more U.S. economic aid were countered by fears over spreading damage from the pandemic.
France's CAC 40 slipped 0.5% in early trading to 5,677.99, while Germany's DAX slipped 0.8% to 13,943.02. Britain's FTSE 100 sh... Read the Full Story |
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Markets | | | A 6% jump in Friday’s session was enough to make shares of F5 Networks (NASDAQ: FFIV) among the best performing US equities on the day. At one point, shares were up more than 11% and at a new all time high, but ended up giving back about half that by the time the bell rang to start the weekend... Read the Full Story |
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From Our PartnersThe Awakening is starting right now. Find out why PayPal just joined the wealth-creating tsunami that is about to surge through the economy in 2021. The last time such a major market event happened, it minted 18,000 new millionaires. | | Here's the story. |
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Tech | | | Indonesia’s Food and Drug Authority on Monday green-lighted emergency use of the COVID-19 vaccine produced by China-based Sinovac Biotech Ltd., with vaccinations of high-risk groups expected to start later this week.
Conditional vaccination of healthcare workers and other civil servan... Read the Full Story |
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Tech | | | As the director of a large hospital in the Indian state that has seen the country's most coronavirus cases, Dr. S.P. Kalantri had been waiting for the day a vaccine would be approved and bring protection not only to his community but also himself.
But now he has his doubts about getti... Read the Full Story |
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Tech | | | Chinese automaker Geely says it will form an electric car venture with tech giant Baidu, adding to a flurry of corporate tie-ups in the industry to share soaring technology development costs.
Geely Holding Group, which also has separate electric car brands, said Monday the venture wi... Read the Full Story |
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Markets | | | Shares of AZZ Inc (NYSE:AZZ) are rising after the company reported a mixed quarter. While revenue fell short of the consensus the EPS beat proving a strategic shift is not only working but helping the company to leverage earnings Read the Full Story |
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Markets | | | For any investors still making changes and adjustments to their 2021 portfolio, here’s a recovery story to beat all recovery stories for you. Shares of the Goodyear Tire & Rubber Company (NASDAQ: GT) are up almost 200% since March and have kicked off the new year in style already. Friday&r... Read the Full Story |
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Markets | | | Albertsons (NYSE: ACI), one of the best values in the market, is slated to report its Q3 earnings tomorrow before the bell. If we get a repeat of the reaction to second quarter earnings, ACI shareholders would be thrilled. On October 20, the supermarket chain blew away estimates and quickly surged n... Read the Full Story |
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Markets | | | What a week for Roku (NASDAQ: ROKU)! The streaming company surged more than 20% last week due to a combination of company news and analyst upgrades.
Let’s start by looking at the company news.
Roku disclosed a few year-end metrics on Wednesday, taking away some of the suspense ahead of Q4 ea... Read the Full Story |
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The Early Bird Stock Of The Day DISH Network Corporation, together with its subsidiaries, provides pay-TV services in the United States. The company operates in two segments, Pay-TV and Wireless. It offers video services under the DISH TV brand; and programming packages that include programming through national broadcast networks, local broadcast networks, and national and regional cable networks, as well as regional and specialty sports channels, premium movie channels, and Latino and international programming packages. The company also provides access to movies and television shows through TV or Internet-connected devices; and dishanywhere.com and mobile applications on Internet-connected devices to view authorized content, search program listings, and remotely control certain features of their DVRs. In addition, it offers Sling TV services, including Sling domestic, Sling International, Sling Latino, Sling Orange, and Sling Blue services that require an internet connection and are available on streaming-capable devices, such as streaming media devices, TVs, tablets, computers, game consoles, and phones, as well as market SLING TV services to consumers who do not subscribe to traditional satellite and cable pay-TV services. Further, the company provides wireless subscribers consumer plans with no annual service contracts, as well as monthly service plans, including high-speed data and unlimited talk and text. The company offers receiver systems and programming through direct sales channels, as well as independent third parties, such as small retailers, direct marketing groups, local and regional consumer electronics stores, retailers, and telecommunications companies. DISH Network Corporation was founded in 1980 and is headquartered in Englewood, Colorado. | | View Today's Stock Pick |
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