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Trump approves Oracle, Walmart deal for TikTok, here's why the ordeal isn't over yet

On Monday, President Trump reportedly said that he wants China’s ByteDance to give up complete control of TikTok. Andy Serwer, Editor in Chief for Yahoo Finance, joins The First Trade with Alexis Christoforous and Brian Sozzi to discuss the latest and much more. …read more […]

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Time to Bottom Fish? Top Analyst Offers 3 Stocks to Buy

September saw some serious market losses, from 5% in the Dow to 9.5% in the NASDAQ. In the wake of it, investors must decide what those losses mean, and how it will impact investment strategy going forward. And for that, investment bank Oppenheimer has some suggestions.The firm’s 5-star analyst Ittai Kidron has tagged three tech stocks in which he sees plenty of room for near- to mid-term growth. Kidron is an expert in the market’s technology sector, and is rated among the Street’s 25 best analysts, with a 72% success rate to his forecasts and a 34.5% average return on …read more […]

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The issue with the 2020 election is not the aftermath, it's the path to get there: JPM Head of Cross-Asset Strategy

Yahoo Finance’s Brian Sozzi and Alexis Christoforous discuss the possible stock market outcomes for a Trump versus Biden Presidency with JP Morgan’s Head of Cross Asset Fundamental Strategy, John Normand. …read more […]

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Explainer: Why many farmers and politicians oppose Modi's farm laws

India’s parliament has approved new farm bills that the government says will unshackle farmers from having to sell their produce only at regulated wholesale markets and make contract farming easier. Prime Minister Narendra Modi’s cabinet had issued emergency executive orders in June to change the longstanding rules that govern the vast agriculture sector, which contributes nearly 15% of the output of the $2.9 trillion economy and employs around half of India’s 1.3 billion people. Opposition parties and farmers’ organisations have criticised the government for rushing through the legislation by issuing the emergency orders and accused Modi’s administration of …read more […]

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Illumina Nears Deal to Buy Health-Care Startup Grail

(Bloomberg) — Genetic sequencing giant Illumina Inc. agreed to acquire Grail Inc. in a deal valuing the cancer-detection startup at $8 billion.Grail shareholders will receive $3.5 billion in cash and $4.5 billion in Illumina common stock, the companies said on Monday. Illumina already holds 14.5% of Grail’s outstanding shares, and approximately 12% on a fully diluted basis.Illumina, a giant in the DNA sequencing space, serves as the backbone for consumer genetics tests and is becoming an integral part of pharmaceutical research efforts. Grail, originally founded by Illumina and later spun out as a standalone company, is developing a blood test …read more […]