Leon Cooperman, the 77-year-old billionaire chief executive of hedge fund Omega Advisers, has a lot of thoughts on the stock market. Or, as he puts it, three stock markets.
The second market is what he calls the Robinhood market, referring to the zero-cost stock brokerage where young, retail investors play, bidding up bankrupt or struggling companies like Hertz HTZ, -3.98%, American Airlines AAL, +2.32% and Eastman Kodak KODK, +1.00%. “Look, [billionaire investor] Carl Icahn is no fool. He’s a brilliant guy. He’s done a fabulous job in running his own financial affairs. He sold his mistake in Hertz [for] 72 cents a share.
A CNN poll found viewers thought Biden did better by a 60%-to-28% margin — a nearly identical view of the first 2016 presidential debate, in which viewers thought former Secretary of State Hillary Clinton beat Trump by a 62%-to-27% margin. Speaking of Clinton, Director of National Intelligence John Ratcliffe on Tuesday declassified a Russian intelligence assessment alleging Clinton in 2016 was trying to stir up a scandal by tying Trump to Putin.
Data analytics company Palantir Technology’s PLTR, direct listing is due to start trade on Wednesday.Regeneron REGN, -1.34% said its trial antiviral drug cocktail reduced the coronavirus load and the time needed to ease symptoms in non-hospitalized patients with COVID-19. Moderna MRNA, +3.34% late on Tuesday said early-stage data suggest its COVID-19 vaccine can generate neutralizing antibodies in older and elderly adults at levels comparable to those in younger adults.
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3 reasons why the stock market is overly concerned about US election fallout, JPMorgan says | Markets InsiderAn election judge directs voters outside a polling place in the Pearl Park Recreation Center on August 11, 2020 in Minneapolis, Minnesota Stephe... 'Despite broad public support, raising the minimum wage is always difficult owing to the disproportionate influence that wealthy firms and donors have in Congress.' Angus Deaton. 9 mths Pandemic COVID-19 predict worse than The Great Depression. FAANGS shd pay fair taxes Check out my Gig on Fiverr: Do You Want To Make 3d Animated Logo Intro Video In $5 ? Contact Me : Logo Animation 3D Logo Animation Top Logo Animation Best Logo Animation GREEN 🌎 NEWS
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