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Economy

“Q3 GDP: US economic activity rose at a record 33.1% annualized pace after pandemic-induced slump”

October 29, 2020

“The Bureau of Economic Analysis released its advance print on third-quarter gross domestic product (GDP) at 8:30 a.m. ET on Thursday. Here were the main metrics from the report, compared to consensus estimates compiled by Bloomberg: 3Q GDP, annualized quarter-over-quarter: 33.1%… Continue Reading…

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Business, Predictions, Opinions, & Comments

“JetBlue Airways’ Q3 Revenue Slumps 76%…”

October 28, 2020

“JetBlue Airways, a major American low-cost airline, reported that its revenue slumped 76% year-over-year… The passenger carrier company reported a net loss of $393 million or $1.44 in the third quarter of 2020, worst compared to a $187 million profit… Continue Reading…

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Stocks

“Oppenheimer: These 3 Stocks Are Poised to Surge by at Least 60%”

October 28, 2020

“Chromadex (CDXC)… It’s not often that the analysts all agree on a stock, so when it does happen, take note. CDXC’s Strong Buy consensus rating is based on a unanimous 3 Buys. The stock’s $7.67 average price target suggests a… Continue Reading…

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Stocks

“SVB Financial Outperforms 96% Of All Stocks On Key Metric”

October 27, 2020

“Banks haven’t been among the hot groups lately. But there are exceptions like SVB Financial (SIVB). The IBD SmartSelect Composite Rating for the parent of Silicon Valley Bank shot to 96 on Monday, up from 89 earlier.Volume 0%01:2301:23 The upgrade means that SIVB… Continue Reading…

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Business, Stocks

“Fastest-Growing Companies: 24 Stocks Expecting Up To 603% Growth In 2020”

October 23, 2020

“To make this list of fastest-growing stocks, each stock must have consensus analyst estimates calling for at least 50% earnings growth in 2020. Each company must also have a 95 or higher Composite Rating. That indicates the stock is outperforming at least… Continue Reading…

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Business

“Coca-Cola earnings top estimates, despite 9% decline in revenue”

October 22, 2020

“Coca-Cola on Thursday reported that its third-quarter revenue fell 9% as the coronavirus pandemic weighed on demand for fountain soft drinks, Powerade and Dasani. But the company topped earnings estimates, sending shares up 3% in premarket trading. Here’s what the company reported for… Continue Reading…

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Business

“Procter & Gamble beats estimates as sales jump 9%, raises forecast amid strong demand”

October 20, 2020

“Procter & Gamble reported on Tuesday that fiscal first-quarter revenue rose 9%, fueled by demand for its cleaning and laundry products during the coronavirus pandemic. On the heels of the strong quarter, P&G raised its sales outlook and expectations for core earnings growth… Continue Reading…

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Stocks

“Goldman Sachs: 2 Stocks That Could Climb Over 90%”

October 19, 2020

“Athira Pharma (ATHA)… Judging by the consensus breakdown, opinions are anything but mixed. With 4 Buys and no Holds or Sells assigned in the last three months, the word on the Street is that ATHA is a Strong Buy. At… Continue Reading…

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Business, Stocks

“Ford Motor Q3 China Sales Rise 25%, Biggest Jump Since 2016; Target Price $10 in Best Case”

October 19, 2020

“Ford Motor Co, an American multinational automaker, said its vehicle sales climbed 25% in the third quarter of this year, the biggest year-over-year increase since 2016, as demand gradually recovered… Ford and its joint ventures, Changan Ford, JMC and Ford… Continue Reading…

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Stocks

“Why Hertz Global’s Stock Is Up 90%”

October 18, 2020

“Hertz Global (NYSE: HTZ) shares are trading higher on Friday after the company announced it secured commitments of $1.65 billion in debtor-in-possession financing… Hertz Global shares traded up 97.57% to $2.04 on Friday. The stock has a 52-week high of $20.85 and… Continue Reading…

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