The Last Week In A Nutshell What Happened: This is a subdued market. We have recovered from the shock, but there have been a lot of sectors not really participating that much on the upside, said ARK…
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Month: August 2020
JPMorgan Lifts PT On Farfetch As 2Q Sales Beat
JPMorgan raised Farfetch’s price target after the online luxury retailer reported 2Q revenue that topped analysts’ estimates. Shares of Farfetch jumped 8.2% on Friday. JPMorgan analyst Doug Anmuth r…
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How will the stock market react if Democrats win the White House and Senate? Here’s what history suggests.
Stock market investors in general don’t seem all that concerned about Joe Biden winning the White House in November. Stock prices have marched relentlessly higher in recent months, even as the former…
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Volvo Owner’s China Business Posts 43% Profit Drop on Virus
(Bloomberg) — Geely Automobile Holdings Ltd., the Chinese automaker controlled by Volvo Cars owner Li Shufu, reported a 43% drop in first-half profit after the coronavirus outbreak shuttered factori…
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Money Can Buy You a Lot of Things, But Experts Say Happiness Isn’t Necessarily One of Them
The late Edgar Bronfman Sr., the billionaire CEO of the Seagram empire, once said he prayed every time he boarded his private jet. Not particularly afraid of flying, he wasnt imploring God to spare h…
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