Baidu’s strong balance sheet, which compares favorably to its American tech counterparts such as Google (GOOG, GOOGL), is now being applauded. But can the excitement continue?
Archiv für den Monat: November 2020
Daily Markets: Moderna COVID-19 Vaccine News Propels Equities Higher
News from Moderna (MRNA) showed that its COVID-19 vaccine was more than 94% effective; this will likely continue the sector rotation that began last week that pressured work from home stocks. Rising case counts also pose as a headwind to the coming quarters.
Jay Clayton says he will step down early as head of the SEC at the end of 2020
Stocks making the biggest moves in the premarket: Moderna, Casper Sleep, Uber, Tapestry & more
The stocks making the biggest moves in premarket trading include Moderna, Casper Sleep, Uber, Tapestry, and more.
PNC to buy U.S. operations of Spanish bank BBVA for $11.6 billion
Spanish financial group BBVA has agreed to sell its U.S. business, BBVA USA Bancshares, to PNC Financial Services Group for $11.6 billion, the American firm announced Monday.
Dow futures jump 400 points as Moderna says it has a highly effective Covid vaccine as well
U.S. stock futures rose early Monday as traders assessed a sharp market rotation that led to a mixed weekly performance last week.
Markets Week Ahead: Dow Jones, Nasdaq, Crude Oil, OPEC, GBP/USD, Brexit Talks
Rotation-trade dynamics was this past week’s focus as the Dow Jones outperformed the Nasdaq. Will this continue? Gold prices tumbled as crude oil gained ahead of an OPEC+ meeting. The British Pound…
The market is filled with contrast and conflict
And that is likely to emerge as the key trading theme this week
As we get into the start of trading this week, you can just about use the contrasting narratives that are playing out to describe how the market is behaving.
As we get into the start of trading this week, you can just about use the contrasting narratives that are playing out to describe how the market is behaving.
Bundesbank warns that German economy could stagnate or shrink in Q4 this year
Bundesbank remarks in its latest monthly report
– But economic hit from virus curbs to be less severe than in Q2
– Stabilising fiscal policy remains important next year
Some token remarks there by the German central bank, as this is very much anticipated as we gauge the Q4 outlook for the euro area economy as a whole
– But economic hit from virus curbs to be less severe than in Q2
– Stabilising fiscal policy remains important next year
Some token remarks there by the German central bank, as this is very much anticipated as we gauge the Q4 outlook for the euro area economy as a whole
It is getting terribly late and may be too late already for a Brexit deal, says EU official
Reuters with more Brexit headlines, citing an EU official on the matter
This just adds to the current rhetoric that time is wasting away as we count down to yet another Brexit „deadline“ at the end of this week, with some rough idea that it is more likely to be some time at the end of
This just adds to the current rhetoric that time is wasting away as we count down to yet another Brexit „deadline“ at the end of this week, with some rough idea that it is more likely to be some time at the end of