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Market News

Location American Market News for 30 October 2020

Attracting New FDIs In The Covid-19 Era

Forbes - 30 Oct 2020 19:37
Attracting New FDIs In The Covid-19 Era The country's GDP is expected to shrink by about 5.5% this year, while tourism, the Cypriot economy's most critical sector, has suffered a year-to-year decrease of about 80% in visitors and revenues.
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It's Volatile Out There: Investors Switch To It was interesting to see bonds weak all day along with stocks, but that might have reflected the same dynamic of investors taking risk off the table ahead of the pre-election weekend. The other possibility, considering ...
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Sharp GDP Rebound Will Falter In The December Quarter After historic downturns and rebounds in GDP growth the past two quarters, the December quarter will come back down to earth.
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Top Stocks To Short As Markets Look To End Month With Losses While there was a general trend of strong earnings and impressive latest GDP data, stocks were set to continue the downtrodden sentiment this week and extend their losses. Using our deep learning algorithms, our AI has c...
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Top Stocks To Buy Today As Markets Pace Towards Worst Week Since March Markets are set to sink yet again today for the fifth time in six days. If the pace holds up, this will also be the second consecutive monthly loss for the markets. For investors looking to make sense of the markets, our...
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At Today's Oil Prices, Exxon's Money Machine Is Broken The bellwether company posted its second quarterly loss in a row.
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When Less Is Less

Wall Street Journal - 30 Oct 2020 19:25
Improving results help Exxon justify its dividend policy but it will take a while until it can fund those payouts without getting smaller or borrowing more.
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Watchdog Claims Billions In Coronavirus Fraud A federal watchdog says there has potentially been billions of dollars in Coronavirus fraud.
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5 Stocks To Own Regardless Of The Election

Forbes - 30 Oct 2020 18:59
5 Stocks To Own Regardless Of The Election Investors' should put their money in quality companies that are positioned to survive any short-term volatility and have upside potential over the long-term.
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Obfuscation And Legerdemain, Practiced By Jamie Dimon, Others Lemme kick around JPMorgan Chase, the world's numero uno in banking. I expected Citigroup to issue a quarterly report that's incomprehensible, but Jamie Dimon gets the palm.
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This Startup Is Fighting Climate Change With Suburban Lawns Atlanta entrepreneur Joseph Kelly's aim is to democratize the fight against climate change by encouraging American families to sequester one extra ton of carbon dioxide every year using his company's NetZero "mycelial or...
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International sales accounted for 59 percenDaily Dividend Report: Apple, Capital One Financial, Yamana Gold, AbbVie, Walgreens Boots Alliance, McKessont of the quarter's revenue.
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Zombie, Medical Costumes Too Real for This Year's Halloween

Wall Street Journal - 30 Oct 2020 17:19
Nurse outfits and zombie costumes might be too on the nose for pandemic-aware Americans celebrating Halloween this year, import data shows.
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Covid Cuts 2.5 Years Of Emissions - And Coal Demand Has Peaked Greenhouse gas emissions from the energy sector have peaked, and the stark drop in energy demand caused by the pandemic will remove two and a half years' worth of emissions between now and 2050, , according to new resear...
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Why Pinterest Has "Monster Stock" Potential

Forbes - 30 Oct 2020 16:45
Why Pinterest Has Shares of Pinterest (PIN) soared 27% yesterday after the company reported third-quarter earnings that crushed analyst expectations.
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Pause Student Loans Through September 2021? These Advocates Say Will Betsy DeVos cancel student loans?
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The personal-finance portal's deal could head off potential antitrust objections to its pending $7.1 billion sale to TurboTax maker Intuit. A sale of the unit would require approval from the Justice Department.
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Crude Oil Leads Stocks Lower

Forbes - 30 Oct 2020 16:00
Crude Oil Leads Stocks Lower It has been a rough week for crude oil and the stock market but do these two markets always move together? The Viper Report's Tom Aspray looks at the long term relationship and updates his negative technical outlook from...
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Big Tech's third-quarter earnings showed that digital ad revenue came roaring back in recent months.
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Shares of Twitter, Facebook, Apple and Amazon sunk in trading Friday.
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The Airbus A320 Has Become Aviation's Last Refuge

Wall Street Journal - 30 Oct 2020 15:44
The European plane maker will increase production rates of the short-haul workhorse next year, throwing a lifeline to a battered industry.
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This Is The Worst Week For Stocks Since March, With Four Days Left Before The Election Not even big-tech beats from Amazon and Alphabet helped markets recover.
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