No Picture
Trading Ideas

U.S. energy companies begin restoring oil and gas output after hurricane

U.S. energy companies were returning workers and restarting operations at storm-swept production facilities along the U.S. Gulf Coast on Sunday, two days after Hurricane Delta barreled through the area. Chevron Corp, Royal Dutch Shell Plc and BHP Group all said workers were headed back to production platforms in the U.S.-regulated northern Gulf of Mexico. BHP expects to complete the return of workers to its Shenzi and Neptune production platforms on Sunday, spokeswoman Judy Dane said, adding that resuming flows will depend on how quickly pipelines return to service. …read more […]

No Picture
Trading Ideas

Trump, Pelosi Spar Over Stimulus as Aide Questions Need for Deal

(Bloomberg) — President Donald Trump and House Speaker Nancy Pelosi blamed each other for a lack of progress on a fiscal stimulus deal for the U.S. economy, while a senior White House aide said he expects talks to continue.After a week of shifting signals on the amount of stimulus and how to get there, Trump said on Fox News that Republicans are “having a hard time with Nancy Pelosi.” Pelosi labeled the administration’s offer on dealing with the health impact of the virus pandemic “grossly inadequate.”“Until these serious issues are resolved, we remain at an impasse,” Pelosi said in a …read more […]

No Picture
Trading Ideas

Goldman Sachs: 2 Strong Value Stocks to Buy Now

Out on Wall Street, elections are the talk of the town. As President Trump’s battle against COVID-19 wages on, Biden has taken the lead in the race to the White House, with a Reuters poll conducted on October 2-3 putting the former Vice President ahead by 10 percentage points. Against this backdrop, fears of a blue wave (a Democrat-controlled presidency, Senate and House) are washing onto the Street. However, Goldman Sachs believes a blue wave might not be such a bad thing for the U.S. economy. “All else equal, such a blue wave would likely prompt us to upgrade our …read more […]

No Picture
Trading Ideas

3 Monster Growth Stocks Gearing up for Gains

Which stocks are always on investors’ wish lists? Growth stocks. Time and time again, the pros on the Street point to tickers with above-average growth prospects as must-haves, as they stand to deliver major rewards in the long run. We really aren’t joking when we say above-average. Stocks that fall into this category have already notched impressive gains year-to-date, but this is only the beginning. The wins could keep on coming through 2020 and beyond. Having a target in mind is one thing, but how exactly are investors supposed to track down these names? This is where TipRanks …read more […]

No Picture
Trading Ideas

The Next Big Shift in Economics Takes Shape Under Covid Shadow

(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 […]

No Picture
Trading Ideas

AstraZeneca Inks $486M US Support For Covid-19 Antibody Cocktail

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 […]

No Picture
Trading Ideas

Microsoft or Apple: Which Tech Giant Is A Better Pick?

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 […]