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Boeing cuts industry demand forecast on pandemic crisis

Boeing cut its rolling 20-year forecast for airplane demand on Tuesday as economic turmoil from the COVID-19 pandemic lays waste to deliveries in the next few years. Boeing, which dominates jet sales together with Europe’s Airbus , forecast 43,110 commercial aircraft deliveries over the next 20 years, down 2% from 44,040 projected a year ago and worth an unchanged $6.8 trillion at list prices. While fleets are still expected to almost double, it is the first time Boeing has cut the 20-year demand forecast in terms of the number of deliveries since the 2009 financial crisis. …read more […]

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Arrowhead Pharmaceuticals Inc. (ARWR) Fell Out Of Favor With Hedge Funds

The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have plowed through 823 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F […] …read more […]

Newsmakers

FansUnite (OTC: FUNFF) Entertainment Enters Partnership with Global Gaming Leader Pinnacle Solutions

Pinnacle will provide the B2B Chameleon Gaming Platform with the most comprehensive esports data and odds feed Vancouver, British Columbia-(October 6, 2020) – FansUnite Entertainment Inc. (CSE: FANS) (OTC: FUNFF) (“FansUnite” or the “Company”), a […]

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Governments of Canada and Quebec Announce Joint Investments of Close to $3.7 Billion Over 10 Years to Improve Social and Affordable Housing in Quebec

QUÉBEC, Oct. 6, 2020 /CNW/ – The governments of Canada and Quebec are announcing an agreement that will result in a combined investment of close to $3. …read more […]

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Day Trading On Robinhood: The Cans and Can-nots

It wasn’t too long ago that Robinhood upended the investment world with its commission-free trading app. The move triggered a whole bunch of other brokerage firms to follow suit. But there are still lots of regulations when it comes to day trading on Robinhood.
This budget-friendly brokerage firm has quickly amassed a user base of more than 10 million users. And they are an active bunch. An estimated 50% of users who have made a trade use the app daily. And 90% of users open up Robinhood at least weekly.
But there’s a big difference between checking in on your money …read more […]

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Oil Rises After Biggest Surge Since May on Stimulus Optimism

(Bloomberg) — Oil rose further after the biggest gain since May on growing optimism for more U.S. fiscal stimulus and as Hurricane Delta heads for the Gulf of Mexico.Futures added 3% in New York, following Monday’s surge above $39 a barrel. House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin will resume talks on Tuesday on another round of pandemic relief funding, but there’s no sign yet they are close to a deal despite Trump’s urging to get it done.At the same time Hurricane Delta is hurtling toward the Gulf of Mexico, where it will likely force oil production to …read more […]