Articles by admin

(Bloomberg) — A rare regime-change in economic policy is under way that’s edging central bankers out of the pivotal role they have played for decades.Fiscal policy, which fell out of fashion as an engine of economic growth during the inflationary 1970s, has been front-and-center in the fight against Covid-19. Governments have subsidized wages, mailed checks to households and guaranteed loans for business. They’ve run up record budget deficits on the way — an approach that economists have gradually come to support, ever since the last big crash in 2008 ushered in a decade of tepid growth.And the public spending that …read more […]

AstraZeneca has secured $486m from the US Government for the development and supply of 100,000 doses of its potential AZD7442 antibody cocktail for the treatment of Covid-19.Under the current agreement, AstraZeneca (AZN) plans to supply up to 100,000 doses towards the end of 2020. In addition, the US government has an option to buy up to another 1 million doses in 2021.AZD7442, which is a combination of 2 long-acting antibodies (LAABs), will be evaluated in 2 Phase 3 clinical trials. The two AZD7442 trials, which will enroll over 6,000 adults testing the antibody cocktail for the prevention of Covid-19 at …read more […]

The coronavirus pandemic has crushed many industries but has favorably impacted work-at-home tech stocks due to the accelerated need for digitization and remote services and solutions during the crisis. The rapid shift to stay-at-home and learn-from-home trends coupled with a rise in internet usage has boosted demand for laptops, tablets and cloud services since the COVID-19 outbreak. Tech companies like Zoom Video, Adobe, Apple, Microsoft, DocuSign, and Fastly have benefited from pandemic-induced demand for many of their products and services.Using the TipRanks’ Stock Comparison tool, we will place tech giants Microsoft and Apple alongside each other to see which stock …read more […]

Even if it’s not a huge purchase, we think it was good to see that Alan Davy, the Director of Operations & Member of… …read more […]

Shares of FuelCell Energy surged over 10% on Friday after the fuel cell technology leader won a $8 million government project by the U.S. Department of Energy (DoE).FuelCell Energy (FCEL) said that the government project “will be the first multi-stack electrolysis system produced with the Company’s solid oxide technology” and would in turn enable it to commercialize its high efficiency electrolysis technology. It would “support the design and manufacture of a SureSource electrolysis platform capable of producing hydrogen.”On Oct. 8, J.P. Morgan analyst Paul Coster initiated coverage on the stock with a Buy rating and a $3 price target, as …read more […]

(Bloomberg Opinion) — Covid-19 may do for Big Oil what the Chicxulub asteroid did for the dinosaurs when it struck Earth 66 million years ago.Much like the “terrible lizards,” Big Oil was already in decline before the novel coronavirus hit. The world in which they thrived is changing around them and they face multiple threats to their future health. But the outbreak’s impact has accelerated the process.The pandemic has slashed oil demand, taking prices down with it. Producers everywhere were slow to react. Now the recovery is taking longer than initially expected, as infection rates remain stubbornly high in the …read more […]

When miners at Indonesia’s giant Grasberg gold and copper mine started testing positive for coronavirus early in the pandemic, the mountain-top mining complex was quickly locked down with a skeletal staff left in place to maintain production. The tensions expose the balancing act to maintain output at full blast, while containing COVID-19 in mines like Grasberg, the world’s largest gold mine and second-largest copper mine. “We’ve put the priority and the health of our workers and community at the top of our list,” Freeport McMoRan Chief Executive Richard Adkerson told Reuters. …read more […]

The personal finance celebrity says borrowers who do this make her “so crazy.” …read more […]

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Here are the top stocks that you should have invested in. …read more […]

On CNBC’s “Fast Money Halftime Report,” traders discussed Goldman Sachs’ bullish call on General Electric Co. (NYSE: GE). Goldman’s analyst reinstated the stock with a Buy rating and a price target of $10, because the company is making progress to be a leaner and structurally more productive company with better capital discipline.Jenny Harrington is not a buyer because the stock is too complex to analyze. She thinks JPMorgan’s Steven Tusa is the best analyst for the stock and he sees no quick turn for the stock.See Also: Goldman Sachs Calls General Electric The ‘Ultimate Self-Help, Vaccine Leverage Story’Michael Farr wants …read more […]

Hurricane Delta shut power and toppled equipment at U.S. Gulf Coast oil refineries and closed oil-export ports as its destructive winds and storm surge reached far from its center. Nearly 700,000 homes and businesses in three Gulf Coast states were without power on Saturday after Delta made landfall overnight as a Category 2 hurricane with winds of 100 miles per hour (161 kph) near the town of Creole, Louisiana. Delta’s fierce winds tore roofs off homes, cut electric power and disrupted energy operations as far away as Port Arthur, Texas, 65 miles (105 km) west of Delta’s landfall. …read more […]

This week in his flagship YouTube series State of the Market, Chief Income Strategist Marc Lichtenfeld got political…
And he revealed the tickers of four investments that are destined to help investors profit no matter who wins the upcoming election.
They all hail from the energy sector – and represent its up-and-coming cohort of clean energy stocks that promise to replace fossil fuels as renewables become increasingly inexpensive.
Regardless of your views on alternative energy, it’s clear that technology is advancing even faster than we can keep up with – and that Big Oil is suffering as a result.
Take one look at the …read more […]

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