Year: 2020

(Bloomberg) — Companies that offer online sports gambling rallied Wednesday morning after a trio of states voted in favor of ballot measures aimed at legalizing sports betting and other gaming expansion.DraftKings Inc. rallied as much as 6.2%, the most in three weeks. The gains were spread across the industry, with Penn National Gaming Inc. rising 6.1%. Flutter Entertainment Plc the owner of FanDuel, is on track for a record close in London after rising as much as 2.5%. The Roundhill Sports Betting & iGaming ETF, commonly-known by its ticker BETZ, rose 1.8% after posting its best day in more than …read more […]

Those following along with OPKO Health, Inc. (NASDAQ:OPK) will no doubt be intrigued by the recent purchase of shares… …read more […]

The external fund manager backed by Berkshire Hathaway’s Charlie Munger, Li Lu, makes no bones about it when he says… …read more […]

CALGARY, AB, Nov. 4, 2020 /CNW/ – The Board of Directors of Enbridge Inc. …read more […]

As you might know, Lumentum Holdings Inc. (NASDAQ:LITE) just kicked off its latest first-quarter results with some… …read more […]

PHOENIX, Nov. 4, 2020 /CNW/ — Harvest Health & Recreation Inc. …read more […]

JPMorgan Chase & Co. (NYSE:JPM) investors will be delighted, with the company turning in some strong numbers with its… …read more […]

As you might know, Halozyme Therapeutics, Inc. (NASDAQ:HALO) just kicked off its latest third-quarter results with… …read more […]

One of the biggest stories of last week was how Esperion Therapeutics, Inc. (NASDAQ:ESPR) shares plunged 21% in the… …read more […]

We’re definitely into long term investing, but some companies are simply bad investments over any time frame. We don’t… …read more […]

It looks like Wall Street’s ‘blue wave’ trade may be at risk of unraveling. …read more […]

(Bloomberg) — Democrats are forecast to keep control of the U.S. House after Tuesday’s elections, but with at least six incumbents losing their seats and others in jeopardy Republicans have likely chipped away at their majority.Among the Democrats defeated were several elected in the 2018 “blue wave” that swept the party into the House majority, as well as with Agriculture Chairman Collin Peterson, who has represented his Minnesota district since 1991. There were 13 other Democrats trailing or in tight races in Pennsylvania, New York, Michigan, Iowa, Virginia and California.With the losses and the failure to flip targeted GOP seats …read more […]

ExxonMobil (NYSE: XOM) has announced that it plans to reduce staffing levels in the United States. …read more […]

Stock futures fluctuated between gains and losses early Wednesday morning as investors took in the flow of results for the 2020 election, which has so far produced no clear signs of a victor of the White House. …read more […]

(Bloomberg) — S&P 500 futures fluctuated while Treasuries jumped amid concern the U.S. is heading for a contested election after President Donald Trump called for the Supreme Court to intervene.Contracts on the benchmark stock index swung from losses to gains. Futures on the tech-heavy Nasdaq 100 remained up more than 1.5% for most of the Asian and European day. Ten-year Treasury yields tumbled to as low as 0.76% and the dollar strengthened against its biggest peers. The offshore yuan and Mexican peso retreated and gold slipped. European stocks opened lower.Earlier futures lurched lower after Trump falsely declared early Wednesday he …read more […]