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Market News

Location American Market News for 11 August 2020
Since tenancy goes to the root of the title of a seller, ideally, a due diligence should have been done before buying
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Is Bitcoin Facing Strong Resistance Near $12,000? Bitcoin has been trading below $12,000 for much of today. What variables are causing it to fluctuate below this price level?
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Sysmex Challenger Sight Diagnostics Raises $71M As Capacity Soars 5-Fold Sysmex revenues fell 12% while challenger Sight Diagnostics raised $71 million and quintupled manufacturing capacity. Is Sysmex losing market share?
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Bernie Sanders Renews Call For A Billionaire Tax--This Time To Fund Medicare During The Coronavirus Pandemic The virus has not affected all Americans equally.
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$2,000 A Month Stimulus Check Now That Biden Picked Kamala? Will you get a $2,000 a month stimulus check?
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Top Growth Stocks For August

Forbes - 11 Aug 2020 23:13
Top Growth Stocks For August The US-China tensions continue to keep markets at bay, but growth companies continue to be leaders for the market overall. Our deep learning algorithms using AI technology have rated some of Top Growth Stocks below if yo...
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Goldman Predicts 'At Least One' Vaccine Approval Before The End Of 2020, Raises GDP Estimate A sooner-than-expected vaccine could save the economy, but there are still risks at play.
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These 10 Mysterious Funds Crush Stocks And Yield Up To 9.4% If you're looking to boost your portfolio's income stream, look at CEFs yielding 7%+
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Here's Why That $400 Unemployment Check From Trump's Executive Order May Not Happen It wasn't an executive order at all, and states are already up in arms. Here's everything we know about the confusing presidential edict.
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Arcturus Therapeutics Has Begun A Phase 1/2 Study On Its Covid-19 Vaccine Candidate Arcturus Therapeutics announced this morning that it has initiated dosing of its Covid-19 vaccine candidate--LUNAR COV-19, (ARCT-021)--in a Phase 1/2 study in collaboration with Duke-NUS hospital in Singapore.
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High-Speed Trader Virtu Discloses $6.9 Million Hacking Loss

Wall Street Journal - 11 Aug 2020 19:06
Virtu Financial is suing Axis Insurance to get the insurer to cover the May loss, in which fake emails were used to send fraudulent wire transfers to bank accounts in China.
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Airbnb Plans to File Confidentially for IPO in August

Wall Street Journal - 11 Aug 2020 18:59
Airbnb plans to file IPO paperwork with the Securities and Exchange Commission later this month, laying the groundwork for a potential listing before the end of the year, according to people familiar with the matter.
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Investors can now use the information to better assess if a scheme's risk profile matches their needs.Now that there are more disclosures, it is up to investors and advisers to track portfolios regularly
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Top Stocks To Short Today As S&P 500 Closes In On All-Time Highs The news today lifted sentiment around the COVID-19 vaccine while the Dow rallied around 300 points and the S&P 500 nears an all-time high. If you think there is far too much optimism out there, our deep learning algorit...
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Top Stocks To Buy Today As Vaccine Hopes Push Markets Higher Stock markets are trading higher overall, although technology stocks are under more pressure. The Dow is up 1% after news of a vaccine came in from Russia. It's unclear whether this vaccine is safe, but it has already li...
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Bye-Bye Coronavirus, Wall Street Turns To Trump Vs Biden Midtown mutual fund managers Neuberger Berman summed it up nicely this week: the circus is back in town.
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Northrop Grumman Crosses Above Key Moving Average Level In trading on Tuesday, shares of Northrop Grumman crossed above their 200 day moving average of $336.48, changing hands as high as $343.68 per share.
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A Chunk of Corporate Travel May Be Gone Forever. But How Much?

Wall Street Journal - 11 Aug 2020 16:20
Airline and hotel executives don't ask themselves whether corporate travel will be permanently reduced due to Covid-19. They ask themselves by how much--and the forecasts look scary.
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Putin Says Russian Covid-19 Vaccine Ready To Go January 1, 2021 Russia names vaccine after space ship that won the space race.
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Dow Rallies 300 Points After Russia Claims To Have World's First Coronavirus Vaccine Russia's rapid approval of a coronavirus vaccine has been met with skepticism.
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Qualcomm's 5G Call Is Finally Connecting

Wall Street Journal - 11 Aug 2020 15:30
Qualcomm has been loudly touting 5G to anyone who would listen for the last few years. Now more than a few have perked up their ears.
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Many borrowers are struggling because of the coronavirus. The study showed that even during normal economic times, mortgaged properties' net income often falls short of the amount underwritten by lenders.
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