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T-Mobile’s Legere Isn’t Taking WeWork Job, Relieving Investors

(Bloomberg) — T-Mobile US Inc. Chief Executive Officer John Legere isn’t taking a job running WeWork, contrary to speculation this week, a person familiar with the matter said.Legere, 61, is sticking with T-Mobile for now, according to the person, who asked not to be identified because the deliberations are private. CNBC reported earlier that Legere wasn’t going to WeWork, sending the shares up as much as 3.5% on Friday.Legere, a shaggy-haired, self-appointed industry rebel, has led a comeback at T-Mobile, culminating in a deal last year to merge with Sprint Corp. That transaction hasn’t yet cleared regulatory hurdles, and the …read more […]

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Warren Maps 3-Year Timeline Toward Medicare for All; Stocks Rise

(Bloomberg) — Elizabeth Warren explained Friday how she plans to gradually move the U.S. into her government-run Medicare for All system, sending managed-care and hospital stocks higher as the Democratic presidential candidate mapped out her three-year design to fundamentally change the way Americans get health care.Warren said in a Medium post Friday that she would ask Congress to use a legislative maneuver to put children and poor families under Medicare For All in her first 100 days in the White House, while not actually fully implementing her $20.5 trillion plan until her third year in office.A rally in managed-care and …read more […]

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Roku Says It Won’t Be Long Before Streaming Revenue Eclipses TV

(Bloomberg) — Streaming video has been one of the biggest growth stories of the past several years, but even with all the attention that has been paid to the space, the industry is nowhere near full maturity, according to an executive at streaming-platform Roku Inc.“In the long run, the total addressable market for streaming video is all TV money, period,” said Scott Rosenberg, a senior vice president and general manager of Roku’s platform business. Over-the-top (OTT) streaming “lets advertisers do things that they’ve gotten used to in digital but which hasn’t been possible on TV,” such as individually targeting consumers …read more […]

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Legged Spread With AbbVie Delivers Quadruple-Digit Gains

Last week, some War Room members locked in profits ranging from 1,350% to 3,700%.
That wasn’t a fluke…
It was the result of a unique type of trade that you may never find anywhere else. It’s called a “legged spread”…
Sounds weird, I know…
But hear me out…
A couple of months ago, I recommended members buy long-term equity anticipation securities (LEAPS) on AbbVie (NYSE: ABBV). The recommendation was for the $77.50 calls. Members bought in for $4.60. A couple of days later, AbbVie moved up about 5%.

Members’ LEAPS jumped by 20% to 30%…
This is what I told members in The War Room:
I have two …read more […]

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UPDATE 1-Twitter tightens bans on political ads and causes ahead of 2020 U.S. election

Twitter Inc on Friday said its political advertising ban will include references to political candidates or legislation, and it will not allow ads that advocate for a certain outcome on social and political causes. The popular social media site, which first announced its political ads ban last month, had not previously provided details on the new policy. Twitter said it will use a combination of automated technology and human teams to enforce the new ad policies. …read more […]