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Market News

Location American Market News for 21 October 2020
Twilio, Zendesk, 2U, Splunk: Hyper-Growth Stocks Still A Buy? Growth investing strategies have outperformed value investing over the last several years, on account of slower economic growth and low-interest rates, which have made investors pay a premium for growth sectors such as t...
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Earnings Preview: What To Expect From Chipotle Mexican Grill On Wednesday Chipotle Mexican Grill, Inc. is scheduled to release earnings after Wednesday's close. Here's what to expect:
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Navient Lawsuit--What It Means For Your Student Loans Here's how this lawsuit could affect you.
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Philip Morris: Hold On For More Gains

Forbes - 21 Oct 2020 14:30
Philip Morris: Hold On For More Gains Philip Morris stock increased 6.8% in the last three months and currently trades near $78 per share. The rise was mainly due to the gradual lifting of the lockdowns over recent months which has led to expectations of hig...
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SPACs Will Have a Tough Time Cleaning Up on Renewables

Wall Street Journal - 21 Oct 2020 13:03
Investor appetite for sustainable investments and yield have both been huge lately, but there have hardly been any debuts of cash-generating renewable-energy companies recently. Could SPACs be the answer?
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Shares of Chipotle, which has a market value of $38 billion, have risen 62% so far this year.
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These Are The Biggest Obstacles To A Stimulus Deal House Speaker Pelosi said that the next aid bill needs to be drafted by the end of the week for coronavirus relief to reach Americans before Election Day, but time isn't the only barrier.
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How We're Positioning Natural Resources For A Potential Looking just at natural resources, we believe the place to be in anticipation of a "blue wave" is renewable energy. That includes not just wind and solar manufacturers but also the mineral producers that supply these com...
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It May Be In Turmoil, But The Oil Business Isn't Going Away The oil & gas sector is a good example of what happens when an entire commodity industry goes through a restructuring cycle. Distress can be found throughout oil & gas, but with steady consumption of about 100 million ba...
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Microsoft Earnings Ahead With Demand For Cloud, Teams, And Video Games In Focus Amid Pandemic If you sift through it all--high hopes along with headaches--there's been an important lesson: "Digital tech intensity," a line from Microsoft (MSFT) CEO Satya Nadella, may be the key to resilience.
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Top Stocks To Buy Today As Markets Rally With Stronger Stimulus Hopes Stocks continued yesterday's rally on more stimulus optimism and strong earnings, although Goldman Sachs expressed doubts about the stimulus package. For investors looking to make sense of the markets, our deep learning ...
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72% Surge In New Covid Cases Is Slowing Economic Recovery, BoA Says With economic activity already slowing, Bank of America said Wednesday it remains "very concerned' the recent surge in new coronavirus cases will hinder the economic recovery.
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Top Stocks To Short Today As Markets Rise Despite Goldman Pessimism While markets are moving higher at the moment, a further market rally is dependent on a stimulus. Until that happens, volatility will remain. Our deep learning algorithms are here for you to navigate these markets, and h...
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IBM Corporation To Spin-Off Managed Infrastructure Services Unit By End Of 2021 Post spin-off, IBM will focus on its open hybrid cloud platform and Artificial Intelligence (AI) capabilities and accelerate clients' digital transformation journey.
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House Speaker Pelosi Says 'There Will Be' A Stimulus Deal, Either Before Or After The Election, As Democrats Block Another GOP Skinny Bill Even as Senate Majority Leader McConnell warns the White House to pause, Pelosi expresses heightened optimism.
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3 Ways Stimulus Deal Dies Before Election

Forbes - 21 Oct 2020 18:54
3 Ways Stimulus Deal Dies Before Election Will there be a stimulus deal?
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The Chinese financial technology giant said investors in mainland China have committed to purchasing more than a third of the shares it plans to sell in a pair of blockbuster initial public offerings.
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Treasury Yields Touch Multi-month Highs

Wall Street Journal - 21 Oct 2020 17:38
Bond yields hit their highest levels in more than four months, following signs of progress in Washington toward a deal on a roughly $2 trillion coronavirus relief package.
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Central banks around the world are weighing introducing a new kind of money. Here is what you need to know.
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U.K. Regulator Pushes Auditors to Sniff Out Fraud

Wall Street Journal - 21 Oct 2020 16:32
The U.K.'s accounting regulator wants to put the onus on auditors to seek out fraud among their clients after a string of corporate scandals shook the sector.
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Caterpillar About To Put More Money In Your Pocket On 10/23/20, Caterpillar will trade ex-dividend, for its quarterly dividend of $1.03, payable on 11/20/20. As a percentage of CAT's recent stock price of $169.29, this dividend works out to approximately 0.61%
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And The Talks Continue: Markets Swing, Volatility Ticks Higher Amid Stimulus Wrangling As investors continue monitoring stimulus talks, volatility is ticking slightly higher. But other risk measures are pointing the other direction as the 10-year yield has risen, and the dollar has hit a one-month low.
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