Good MorningThe U.S. equities markets fell on Monday after investors begin to turn their focus on new risks. Among them, growing political turmoil related to the Presidential election and the transition of power. The FBI reported protests at all 50 state capitals and in the District of Columbia. Democrats in the House of Representatives have already written new articles of impeachment and plan to vote on them this week.
Elsewhere in the market, the Biden presidency threatens equity prices in other ways. Not only is the threat of higher corporate taxes real but an increasingly regulatory environment is expected. The sector most at risk is the tech-sector and that can be seen in the day’s action. The NASDAQ Composite shed more than 1.50% while the S&P 500 and blue-chip Dow Jones Industrial Average posted much smaller losses.
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Stocks | | | Cryptocurrency mining company Riot Blockchain, Inc. (NASDAQ: RIOT) stock has rallied with the meteoric rise of Bitcoin (BTC). The Company’s primary business is to mine Bitcoins, just like it’s peer Marathon Patent Group (NASDAQ: MARA). Buy as many mining rigs also known as miners to mine... Read the Full Story |
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Politics | | | Asian shares were mixed Monday as hopes for more U.S. economic aid were countered by fears over spreading damage from the pandemic.
Traders continued to be cheered by prospects that the incoming administration of President-elect Joe Biden will pump more aid into the U.S. economy, a m... Read the Full Story |
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Markets | | | To say the least, it has been a bumpy ride for Boeing (NYSE:BA) stock the last couple of years. After ascending to a record peak of $446.01 in March 2019, shares of the country's largest airline manufacturer traded below the $100 mark Read the Full Story |
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Tech | | | Indonesia’s Food and Drug Authority on Monday green-lighted emergency use of the COVID-19 vaccine produced by China-based Sinovac Biotech Ltd., with vaccinations of high-risk groups expected to start later this week.
Conditional vaccination of healthcare workers and other civil servan... Read the Full Story |
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Politics | | | BEIJING — Chinese health authorities say scores more people have tested positive for coronavirus in Hebei province bordering on the capital Beijing.
The outbreak focused on the Hebei cities of Shijiazhuang and Xingtai is one of China’s most serious in recent months and comes amid meas... Read the Full Story |
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Politics | | | TOKYO — The Japanese Health Ministry has found a coronavirus variant in people arriving from Brazil that’s different from the ones in Britain and South Africa.
The variant was found in airport tests on a man in his 40s, a woman in her 30s and two teens, the ministry said Sunday. Japan... Read the Full Story |
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Politics | | | BALTIMORE -- Coronavirus infections have now surpassed 90 million confirmed cases around the world, as more countries braced for wider spread of more virulent strains of a disease that has now killed nearly 2 million worldwide Read the Full Story |
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Markets | | | Shares of AZZ Inc (NYSE:AZZ) are rising after the company reported a mixed quarter. While revenue fell short of the consensus the EPS beat proving a strategic shift is not only working but helping the company to leverage earnings Read the Full Story |
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Markets | | | Albertsons (NYSE: ACI), one of the best values in the market, is slated to report its Q3 earnings tomorrow before the bell. If we get a repeat of the reaction to second quarter earnings, ACI shareholders would be thrilled. On October 20, the supermarket chain blew away estimates and quickly surged n... Read the Full Story |
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Markets | | | What a week for Roku (NASDAQ: ROKU)! The streaming company surged more than 20% last week due to a combination of company news and analyst upgrades.
Let’s start by looking at the company news.
Roku disclosed a few year-end metrics on Wednesday, taking away some of the suspense ahead of Q4 ea... Read the Full Story |
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The Early Bird Stock Of The Day DISH Network Corporation, together with its subsidiaries, provides pay-TV services in the United States. The company operates in two segments, Pay-TV and Wireless. It offers video services under the DISH TV brand; and programming packages that include programming through national broadcast networks, local broadcast networks, and national and regional cable networks, as well as regional and specialty sports channels, premium movie channels, and Latino and international programming packages. The company also provides access to movies and television shows through TV or Internet-connected devices; and dishanywhere.com and mobile applications on Internet-connected devices to view authorized content, search program listings, and remotely control certain features of their DVRs. In addition, it offers Sling TV services, including Sling domestic, Sling International, Sling Latino, Sling Orange, and Sling Blue services that require an internet connection and are available on streaming-capable devices, such as streaming media devices, TVs, tablets, computers, game consoles, and phones, as well as market SLING TV services to consumers who do not subscribe to traditional satellite and cable pay-TV services. Further, the company provides wireless subscribers consumer plans with no annual service contracts, as well as monthly service plans, including high-speed data and unlimited talk and text. The company offers receiver systems and programming through direct sales channels, as well as independent third parties, such as small retailers, direct marketing groups, local and regional consumer electronics stores, retailers, and telecommunications companies. DISH Network Corporation was founded in 1980 and is headquartered in Englewood, Colorado. | | View Today's Stock Pick |
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