Shares of Twitter, Facebook, Apple and Amazon sunk in trading Friday.
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Exxon reports third straight quarter of losses with revenue down nearly 30%
Exxon’s revenue fell nearly 30% during the third quarter as the coronavirus pandemic batters the oil industry.
Under Armour shares surge after footwear sales help drive earnings beat
CEO Patrik Frisk cited higher demand for the athletic apparel maker’s products during the coronavirus pandemic, especially in North America.
Chevron revenue plummets more than 30% in the third quarter as Covid slams demand
Chevron’s aggressive cost-cutting measures helped boost results as the pandemic hammers the oil giant.
ForexLive European FX news wrap: Choppy tones ahead of the month-end
Forex news from the European morning session – 30 October 2020
Headlines:
Markets:
– GBP leads, CHF lags on the day
– European equities mixed; E-minis down 0.6%
Headlines:
Markets:
– GBP leads, CHF lags on the day
– European equities mixed; E-minis down 0.6%
UK drug regulator has started accelerated reviews of Pfizer, AstraZeneca vaccines – report
Bloomberg reports on the matter
The report says that the UK’s drug regulator has begun accelerated reviews of the coronavirus vaccines that are under development from Pfizer and AstraZeneca.
The report says that the UK’s drug regulator has begun accelerated reviews of the coronavirus vaccines that are under development from Pfizer and AstraZeneca.
Eurozone October preliminary CPI -0.3% vs -0.3% y/y expected
Latest data released by Eurostat – 30 October 2020
Eurozone Q3 preliminary GDP +12.7% vs +9.6% q/q expected
Latest data released by Eurostat – 30 October 2020
The outlook for Q4 looks grim amid tighter virus restrictions and that takes away a lot of the „feel-good“ factor from the last quarter. If anything else, it reaffirms the narrative that the economy cannot quite go back to normal while keeping the health crisis at bay.
The outlook for Q4 looks grim amid tighter virus restrictions and that takes away a lot of the „feel-good“ factor from the last quarter. If anything else, it reaffirms the narrative that the economy cannot quite go back to normal while keeping the health crisis at bay.
Eurozone September unemployment rate 8.3% vs 8.2% expected
Latest data released by Eurostat – 30 October 2020