– A judge ruled that Apple can continue to bar the popular videogame "Fortnite" from its app store for now. Apple and "Fortnite" developer Epic Games are in the midst of a legal dispute, with Apple saying Epic violated the app store's terms by bypassing its payment systems. Apple shares added 3% in premarket trading. Apple shares gained 3% in premarket trading.– The European drug maker has struck a $486 million deal with the U.S.
government to develop and supply up to 100,000 doses of its Covid-19 antibody treatment. AstraZeneca's treatment is similar to the one used to treat President Donald Trump after he became infected with Covid-19. Shares rose 1% in premarket trading.– The jeans and apparel maker was upgraded to "overweight" from "equal-weight" at Morgan Stanley, which makes note of management's quick response to a difficult retail environment as well as strong revenue growth.
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Wall Street’s top analysts are betting on buy-rated stocks like DraftKings and Etsy right nowYour weekend brief: Wall Street’s top analysts are betting on buy-rated stocks like DraftKings and Etsy right now This headline makes 0 sense. Short DraftKings and Etsy
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Stocks creep higher on U.S. stimulus hopes, yuan sinksAsian stock markets began the week with cautious gains on Monday, as investors clung to hopes for U.S. stimulus spending, while the dollar firmed after a Chinese central bank policy tweak unwound some of the yuan's steep gains. What stimulus? Isn’t a stimulus a sign of a failing economy? How is this bullish? Meaning that stocks are hinged on the american public getting bailed out because classical consumerism is at an all time low.
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China gains hoist Asian stocks to two-year peakChinese stocks led Asian markets higher on Monday as investors bet on a steady recovery for the world's no. 2 economy, though caution about the fate of U.S. stimulus kept the dollar firm and a central bank policy tweak unwound some of the yuan's gains.
Source: Reuters - 🏆 2. / 97 Read more »
European stocks, U.S. futures edge higher on stimulus hopesEuropean stocks traded higher Monday, helped by hopes of further stimulus on both sides of the Atlantic with the autumn spread of the coronavirus... The market just wants to rally. Much of it new, inexperienced investors. This has nothing to do with stimulus, which should have passed months ago. I detest this excuse for a rally!
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Global stocks rise as hopes for prompt US fiscal stimulus revive the 'buy everything' trade | Markets InsiderThomson Reuters Global stocks rose on Monday as investors held onto hopes for a prompt deal on a new round of US fiscal stimulus, boosted by t... This thing moves to whichever direction American money goes.
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