Trading Ideas
How to think about what's happening in the stock market right now
Stocks have surged from their March lows, driven by a confluence of factors. Allianz’s Mohamed El-Erian walks us through what’s going on. …read more […]
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Business News
Exclusive: U.S. to allow companies to work with Huawei on 5G standards – sources
The United States will amend its prohibitions on U.S. companies doing business with China’s Huawei [HWT.UL] to allow them to work together in standards setting for next-generation 5G networks, according to people familiar with the matter.
Business News
Amazon says CEO Bezos willing to testify before U.S. Congress
Amazon.com Inc said on Monday its founder and Chief Executive Jeff Bezos is willing to testify to a congressional panel investigating potential violations of U.S. antitrust law by big technology companies.
Business News
Wall Street gripped by fears of fresh virus wave
U.S. stocks dropped on Monday after a spike in new coronavirus cases in China and parts of the United States dampened hopes of a swift economic recovery that had driven a sharp rise in Wall Street’s main indexes over the past month.
Business News
Exclusive: U.S. to allow companies to work with Huawei on standards – sources
The U.S. will amend its prohibitions on U.S. companies doing business with China’s Huawei to allow them to work together in standards settings for next generation 5G networks, according to people familiar with the matter.
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Hedge Fund Interest Towards Cloudflare, Inc. (NET) Flaring Up?
In this article we will check out the progression of hedge fund sentiment towards Cloudflare, Inc. (NYSE:NET) and determine whether it is a good investment right now. We at Insider Monkey like to examine what billionaires and hedge funds think of a company before spending days of research on it. Given their 2 and 20 […] …read more […]
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Business News
U.S. Federal Reserve resumes normal bank exams
The U.S. Federal Reserve announced Monday it was resuming its normal bank examination activities, after easing back at the outset of the coronavirus pandemic.
Business News
Amazon CEO Bezos willing to testify before U.S. Congress: letter
Amazon.com Inc Chief Executive Jeff Bezos is willing to testify to a congressional panel investigating potential violations of U.S. antitrust law by big technology companies, according to a letter from an attorney representing Amazon.
Trading Ideas
News On The Move: Atlanta Police Chief resigns after fatal shooting, more than 40K cruise workers stuck at sea
Yahoo Finance’s Adam Shapiro and Julie Hyman break down Monday’s trending headlines. …read more […]
Business News
U.S. crude drops as coronavirus cases spike globally
Oil prices fell on Monday as new coronavirus infections hit the United States and China, feeding worries that renewed lockdowns could hamper economic recovery and dent fuel demand.
Business News
Exclusive: BlackRock injects $18 billion into European firms during pandemic – source
The world’s biggest asset manager BlackRock has pumped about 16 billion euros ($18 billion) into 810 European companies since the end of January, more than half of them in distress due to the coronavirus pandemic, a source with direct knowledge of the matter told Reuters.
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Supreme Court Upholds Key Permit for Atlantic Coast Pipeline
(Bloomberg) — The U.S. Supreme Court upheld a crucial permit for Dominion Energy Inc.’s planned $8 billion Atlantic Coast Pipeline, saying the Forest Service acted lawfully by clearing the natural-gas line to cross under the Appalachian Trail.The 7-2 ruling eliminates the biggest obstacle to the 600-mile (965-kilometer) pipeline, which would carry as much as 1.5 billion cubic feet of gas per day from the Marcellus shale basin in West Virginia to customers in North Carolina and Virginia.Dominion pared earlier losses and was trading up .26% at $83.42 at 11:40 a.m. in New York. EQM Midstream Partners LP, which will also …read more […]
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U.S. Meat Giants Face Biggest Attack in Century From Probe
(Bloomberg) — The Trump administration is launching what could turn out to be the biggest attack in a century against the giants of America’s meat industry, which already faced uproar over employee treatment during the pandemic.The Justice Department is bringing criminal charges in the poultry industry just as it opens a formal probe of beef companies. Regulators are also scrutinizing potential price manipulation, and on Capitol Hill, lawmakers are clamoring for a crackdown.The threat from Washington is casting further spotlight on the industry after coronavirus outbreaks saw thousands of workers get sick, forcing plants to shutter. President Donald Trump in …read more […]