Month: October 2020

President Trump’s announcement that he has tested positive for the corona virus has grabbed headlines, but the dog that didn’t bark presents a more interesting point. Wall Street isn’t so worried about corona virus anymore; the perception is, that the virus will fade away or a vaccine will be developed, but in either case, the economy will improve.According to an RBC survey of portfolio managers, however, the coming November election presents a clear risk to the markets. A large majority of investors surveyed, 76%, worry that the election will be contested, resulting in weeks – possibly months – on uncertainty. …read more […]

Florida Democratic Rep. Donna Shalala says she’s sending prayers to President Trump and the First Lady, and says COVID-19 will “be with us for a long time” and we need to avoid reopening too soon. She spoke with Yahoo Finance’s Alexis Christoforous and Brian Sozzi. …read more […]

Ryanair is prioritising getting a current order of up to 210 of Boeing’s troubled 737 MAX aircraft in the sky next year, the chief executive of its main airlines business said on Friday in response to a report that it was looking to buy more planes. The Irish Independent newspaper reported that Ryanair, one of the largest customers for the jet that was grounded worldwide in early 2019, is eyeing an order for between 150 and 200 MAX aircraft, potentially by the end of the year. …read more […]

A look at the shareholders of Enlivex Therapeutics Ltd. (NASDAQ:ENLV) can tell us which group is most powerful… …read more […]

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First Majestic Silver Corp. (TSE:FR) shareholders might be concerned after seeing the share price drop 14% in the last… …read more […]

(Bloomberg) — Tesla Inc. delivered a record number of cars worldwide in the third quarter, smashing analysts’ estimates and maintaining its dominance in electric-vehicle sales.The Palo Alto, California-based carmaker delivered 139,300 cars, eclipsing its prior all-time high of 112,000 in the fourth quarter of 2019 and above the 129,950 projected by analysts surveyed by Bloomberg.Shares of Tesla, which have rallied more than 435% this year, pared losses in early trading after announcing the sales data. The stock was down 3.9% in premarket trading Friday to $430.28 as of 8:33 a.m. in New York, part of a broad selloff of stocks …read more […]

ATLANTA, Oct. 2, 2020 /CNW/ — The Home Depot®, the world’s largest home improvement retailer, today announced that Edward “Ted” P. …read more […]

Today is shaping up negative for Nikola Corporation (NASDAQ:NKLA) shareholders, with the analysts delivering a… …read more […]

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Does automation put people out of work?
Economists, politicians and union leaders have been asking this question for as long as I can remember. And it’s a legitimate concern.
Consider driverless vehicles.
In the last 16 years, since the first DARPA Grand Challenge was held in the Mojave Desert, the race to develop a fully autonomous vehicle has been on.
More than two dozen companies are working on it. The current leader is Alphabet’s Waymo, whose fleet of 600 vehicles has logged in more than 20 million miles. (Waymo stands for “a new way forward in mobility.”) And although we are not there yet, …read more […]

(Bloomberg) — U.S. President Donald Trump said early Friday that he has tested positive for coronavirus along with his wife and one of his closest aides, throwing an already volatile campaign into deeper disarray just one month before the election.“Tonight, @FLOTUS and I tested positive for COVID-19. We will begin our quarantine and recovery process immediately. We will get through this TOGETHER!,” the president said on Twitter, hours after Bloomberg News reported that the adviser, Hope Hicks, had fallen ill with the virus.The election campaign against Democrat Joe Biden has focused heavily on Trump’s handling of the coronavirus, which has …read more […]

LEAMINGTON, ON, Oct. 2, 2020 /CNW/ – Aphria Inc. …read more […]

(Bloomberg) — Oil and copper dropped while gold edged higher after President Donald Trump said that he tested positive for Covid-19 with just one month left until the U.S. presidential election.Brent crude slipped as much as 4.8%, slumping sharply for a second day. The global crude benchmark helped drag raw materials lower, with copper touching a seven-week low and crop futures falling. A Bloomberg gauge of commodity spot prices had already fallen about 4% from an early September peak amid a pickup in virus cases around the world, and Trump’s positive result fuels more uncertainty over the election.“The market will …read more […]

Under the project, Intel will help the military develop prototypes of chips using its semiconductor packaging technology at factories in Arizona and Oregon. The packaging technology allows pieces of chips called “chiplets” from different providers to be combined into one package, helping cram more features into a smaller finished product while lowering its power consumption. Intel declined to disclose a dollar figure for its portion of the contract, which is being overseen by the Naval Surface Warfare Center, Crane Division. …read more […]