Month: October 2020

It’s a bearish start to the day for Bitcoin and the broader market. A Bitcoin move back through to $11,500 levels should provide support. …read more […]

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Apple’s hotly anticipated iPhone 12 launch hogged Tuesday’s technology headlines, but for Canaccord analyst Michael Walkley, the launch acts as confirmation of the bull thesis for chipmaker Qualcomm (QCOM).With all four new models boasting 5G capabilities, it is Qualcomm, Walkley says, that stands to benefit from the new “long-term 5G investment cycle.”“We anticipate strong earnings in F2021 and beyond as 5G smartphones ramp, the mix of 5G growth benefitting Qualcomm with 50% greater content than a 4G smartphone, Apple re-enters the model for QCT shipments, and Huawei returns to the model for licensing payments,” the 5-star analyst said.Qualcomm has already …read more […]

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On Tuesday, vaccine specialist Vaxart (VXRT) announced it has dosed the first subject in the Phase 1 study of VXA-CoV2-1, the company’s oral, room-temperature stable COVID-19 vaccine candidate.After the vaccine impressed in preclinical models, it is a timely announcement from Vaxart. While the small biotech is significantly behind other, mostly bigger competitors in its Covid-19 vaccine program, as recent events have shown, bringing to market a viable solution is far from hassle free.Earlier this week, Johnson & Johnson halted its Covid-19 vaccine candidate’s Phase 3 study due to a participant’s unexplained illness. That event was swiftly followed by Eli Lily …read more […]

The ongoing COVID-19 pandemic pushed us into an economic recession in the first half of this year, but in odd ways, the downturn was artificial. The economy had been booming prior to the health crisis, and many of the factors that caused the boom are still in play – a general tax cut, and the deregulation policy of the Trump Administration.But a decent governmental attitude toward business is not the only factor giving a lift to the economy. A combination of a generous stimulus package and extended benefits put in place earlier this year, along with pent-up demand from the …read more […]

Without question, COVID-19 has fundamentally changed our day-to-day lives.
Everywhere we look, we’re reminded of the “new normal.”
Water fountains have been replaced with hand-sanitizing stations…
Retailers like Old Navy and Anthropologie have started to sell their own lines of “fashion” face masks…
There are even some medical professionals who believe that the handshake may be permanently replaced by an elbow bump.
Yet as public health experts warn, we are still a long way off from anything approaching normalcy. Even the market refuses to conform to history’s expectations, especially as we near the election.
Take the following chart…

Based on proprietary research conducted by our Research Team, …read more […]

With iPhone preorders available on October 16, many consumers are unsure of the details surrounding the latest iPhones. Yahoo Finance’s Dan Howley joins The Final Round to break down what consumers should know about the latest iPhones. …read more […]

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This was an exciting week for the cannabis industry, marked by the ninth edition of the Benzinga Cannabis Capital Conference.Benzinga’s last big cannabis event of 2020 took place virtually, featuring almost 100 speakers from all around the world. Read some of the key takeaways: * Do Cannabis Investors Need To Know About The Science Behind The Plant? * How Berner’s Cookies Preserves Cannabis Quality Across State Lines * Business Insights From Curaleaf’s Boris Jordan: ‘Go With Your First Instinct’ * Cannabis Experts Discuss Social Responsibility And Hiring Released PrisonersIn other news, Aphria Inc. (TSX: APHA) (NASDAQ: …read more […]

(Bloomberg) — Microsoft Corp. said mergers and acquisitions chief Marc Brown is leaving the company after a more than two-decade stint working on deals ranging from LinkedIn to Nokia Oyj’s handset unit.Brown, vice president of corporate development, reported to Chief Financial Officer Amy Hood. Microsoft spokesman Frank Shaw on Friday confirmed Brown’s departure and declined to comment on a replacement. The company is still conducting a search for a senior business development executive to replace Peggy Johnson, who left in July to become chief executive officer at Magic Leap Inc.Brown most recently worked on Microsoft’s acquisition of video-game company ZeniMax …read more […]

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESTORONTO, Oct. 16, 2020 /PRNewswire/ — Mind Medicine (MindMed) Inc. …read more […]

Nio Inc – ADR (NYSE: NIO), one of the best performers year-to-date period, had a strong run in its share price this week.The Chinese electric vehicle manufacturer is on the cusp of capitalizing on a slew of initiatives it has undertaken to push vehicle sales higher and bring about cost discipline.Nio In The Fast Lane: Nio, which ended last Friday at $21.47, rose 1.8% Monday to end the session at $21.85.After pulling back about 1% Tuesday and settling at $21.62, the stock jumped 22.6% Wednesday thanks to upbeat commentary by JP Morgan analyst Nick Lai.Lai predicated much …read more […]

NBC’s controversial town hall with President Trump drew in 10.4 million viewers on Thursday night, according to preliminary numbers from Nielsen — less than ABC’s town hall with Joe Biden. …read more […]

The State Department proposes adding Jack Ma’s Ant Group to a trade blacklist as the company plans to list an IPO in Hong Kong and Shanghai. Drew Bernstein, Marcum Bernstein & Pinchuk Co-Chairman, joins Yahoo Finance’s Akiko Fujita to discuss. …read more […]