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Location American Market News for 20 October 2020
It's the first report since longtime Chief Content Officer Ted Sarandos was promoted to co-CEO.
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Stimulus Deal Soap Opera Likely To Drag On Past Today's Deadline As Pelosi, Trump And McConnell Send Mixed Signals The White House has "come a long way" on testing and tracing language, Pelosi said, but major disagreements still remain amid "mixed messages" from President Trump and Senate Republicans.
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Traders Pick Up Pieces After Outages At European Exchange Giant

Wall Street Journal - 20 Oct 2020 19:46
A glitch at bourses owned by Euronext left traders with unintended exposures and unsure whether a portion of the trades they placed Monday had gone through.
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Is Bitcoin Building Support Above $11,000?

Forbes - 20 Oct 2020 03:41
Is Bitcoin Building Support Above $11,000? Bitcoin has been fluctuating above $11,000 for more than a week, bolstered by positive developments. When will it convincingly break through $12,000?
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The World's Largest Soybean Exporter Wants To Import Soybeans. What Happened? Brazil is the world's leading producer and exporter of soybeans, but rising domestic usage and record sales to China have drained supplies.
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Snap Chief Business Officer Jeremi Gorman said that brand advertising is showing momentum, and that advertisers want a platform that shares their values.
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Snap's stock price soared more than 20% after hours on Tuesday as the company posted an unexpected, adjusted profit along with positive user and revenue growth in its third-quarter earnings.
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Moody's Downgrades U.K. Banks

Wall Street Journal - 20 Oct 2020 22:37
Moody's Investors Service downgraded the credit ratings of three U.K. banks following a cut to the nation's sovereign debt rating last week.
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Bitcoin Prices Struggle Near The $12,000 Level Bitcoin has been trading close to $12,000 lately, but it has been unable to stay above that key level. When will the cryptocurrency gather the strength to break through this resistance?
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Our Nation's Next Money - From Ledgers To Tokens And Back Money began as publicly recognized book entries among debtors and creditors. Tokens replaced book entries when we outgrew account books. The centrality of public issuance substituted for that of the 'book.' With money 'l...
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There's a Sale at Albertsons

Wall Street Journal - 20 Oct 2020 19:40
Albertsons had a tough time catching investors' attention this year. Their ears finally seem to be perking up.
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Google Is the Only Big Tech Priced for Trouble

Wall Street Journal - 20 Oct 2020 19:18
The search giant has turned out to be first in the federal government's antitrust firing line. Its big tech peers may pay a bigger price for waiting their turn.
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Travelers Is Ready for Post-Pandemic Journey

Wall Street Journal - 20 Oct 2020 19:09
Strong insurance pricing is helping Travelers and other insurers overcome the pressure of superlow interest rates, but Covid-19 still looms as a major uncertainty.
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Will Tesla's Margins Surge In Q3?

Forbes - 20 Oct 2020 18:10
Will Tesla's Margins Surge In Q3? Tesla has become the world's most valuable automaker by far with a market cap of over $400 billion, as its stock soared by about 5x this year. At current valuations, investors are counting on Tesla to continue robust del...
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The Ultimate Simulator for Covid Times: Sitting on an Airplane

Wall Street Journal - 20 Oct 2020 17:55
Airplane Mode from AMC Games simulates being a passenger on a trans-Atlantic flight. It has accumulated as many as 20,000 players in five days, according to one estimate.
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Traders Should Focus On Q4 Estimated Taxes Due Jan. 15 Many traders have substantial trading gains for 2020 YTD, and they might owe 2020 estimated taxes paid to the IRS quarterly.
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Top Stocks To Short Today As Sentiment Around Stimulus Continues To Be Mixed Stocks yesterday closed sharply down due to pessimism on a new stimulus deal. However, this morning, stocks were set to sharply rise due to renewed optimism. Our deep learning algorithms are here for you to navigate thes...
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Top Stocks To Buy Today As Markets Rally Amid Strong Earnings After the broader markets closed yesterday sharply down, the indices were set to rise today amidst optimism on a stimulus package and strong earnings. For investors looking to make sense of the markets, our deep learning...
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U.S. Banking Regulator Backs New Liquidity Requirements

Wall Street Journal - 20 Oct 2020 17:00
The board of the Federal Deposit Insurance Corp. voted 3-1 to adopt a final rule to set a so-called net stable funding ratio, obliging large banks to hold enough funding to meet their needs for up to a year.
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At These Prices, Procter Is a Gamble

Wall Street Journal - 20 Oct 2020 16:46
P&G pleased investors with strong coronavirus-enhanced results, but its valuation holds up only if consumer changes prove permanent.
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Plugging Into Tesla Earnings: Investors Look Toward Possible 500,000 Deliveries For Tesla This Year On Wednesday after the close, Tesla (TSLA) is scheduled to pop the hood to give investors a look at its performance during the third quarter, which was a wild ride for the electric car maker's shares.
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How To Invest $100,000 For $940 Per Month In Passive Income If you have $100,000 to invest, you can easily use it to unleash a dividend stream that pays you $940 a month.
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