Monthly Archives: November 2020

Dow futures open slightly higher after best month since 1987

Stock futures began the overnight session slightly higher Monday evening, reversing some of the regular session’s declines. Equities are set to kick off the final month of 2020 on the heels of a record month, during which each of the three major indices made fresh record highs, and the Dow posted its biggest monthly gain since January 1987 with an advance of nearly 11.9%. In the S&P 500, the energy, financials and industrials sectors led the index’s 10.8% rise, as traders rotated back… Source link

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Will Fuller suspended 6 games for PED violation

Houston Texans wide receiver Will Fuller has been suspended six games for a violation of the NFL’s performance-enhancing substance policy, the player announced Monday. Hours later, the same thing happened to one of his teammates, cornerback Bradley Roby. Fuller, one of the 4-7 team’s few bright spots this year, insisted the violation was due to a medical professional mistakenly prescribing a medication allowed by the NFL’s drug policy. “Earlier this year, I sought treatment from a… Source link

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Canada plans digital tax in 2022 on global tech giants such as Facebook, Google

OTTAWA (Reuters) – Canada plans to impose a tax on corporations providing digital services from 2022 that will stay in place until major nations come up with a coordinated approach on taxation, the Finance Department said on Monday. The Organisation for Economic Cooperation and Development is working on a common approach to ensure digital behemoths, such as Alphabet Inc’s Google and Facebook Inc, pay their share of taxes as the coronavirus hammers budgets. Canada said it was concerned about… Source link

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New York Covid Alert app by Google and Apple has flags less than 1,000 potential coronavirus exposures in first two months

The 854 cases represent just .5% of the more than 180,000 positive Covid-19 tests the state has recorded since the app’s launch. The app has been downloaded 1.1 million times, which would represent 7% of the adult-age population in New York, though it is unlikely that each download represents an active user. As cases rise again in New York, Gov. Andrew Cuomo has pushed for people to download the app as a mitigation measure during the new surge for the virus, with a link to the app placed at… Source link

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Google, Facebook, Reportedly Facing Multiple Antitrust Lawsuits

(Courtesy of Getty) getty Democrats and Republicans don’t agree on much these days except for the fact that “Big Tech” has gotten too big.  Now comes word from the Wall Street Journal that the sector’s day of reckoning may be coming. According to the Journal, as many as four cases against Facebook and Alphabet’s Google GOOG alleging that their behavior harmed consumers could be filed in the coming weeks by federal and state regulators…. Source link

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Dow posts best month since 1987 as vaccine news boosts stocks

Stocks fell Monday as investors gave back some of last week’s gains, which sent the S&P 500 and Nasdaq to fresh record highs and the Dow above 30,000 for the first time ever. [Click here to read what’s moving markets heading into Tuesday, Dec. 1] However, the three major indices capped off November with major monthly gains. The Dow posted a monthly gain of nearly 11.9% for its best month since early 1987. The S&P 500 tracked toward a rise of about 10.7%, and the Nasdaq posted an 11.9%… Source link

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Goodbye, Android: Why I’m switching to Apple’s iPhone after more than a decade with Google

Taylor and his first iPhone. Go Dawgs! Goodbye, Android. Hey, Siri. After more than a decade of dedication to Google’s mobile operating system, I’m leaving for Apple. I don’t have a problem with Android. But I’m ready to try a new mobile experience — and for my iPhone buddies to stop berating me for being the “green bubble” guy in group chats. My smartphone journey began in 2008 with the HTC Dream, also known as the T-Mobile G1. It remains one of my favorite… Source link

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Zoom Q3 earnings beat analysts’ expectations, revenue up 367%

TipRanks Billionaire Israel Englander Pours Money Into 2 “Strong Buy” Stocks Following the wild ride that was 2020, where does the market go from here? Major strides have been made in the COVID-19 vaccine race, yet the near-term picture remains unclear, blurred by the virus’ resurgence and the stimulus stalemate on Capitol Hill.In times like these, the investing greats can serve as a source of inspiration, namely billionaire Israel “Izzy” Englander.Who exactly is Englander? The… Source link

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Michigan now dealing with COVID-19 issues

Another Big Ten program is dealing with COVID-19 issues. Michigan head coach Jim Harbaugh told reporters Monday that his team experienced “an increased number of presumptive positives” for COVID-19, causing the program to pause team activities “out of an abundance of caution.” The university is awaiting confirmation of the results of those tests, Harbaugh said. According to the Detroit News, Harbaugh declined to comment on the status of Michigan’s upcoming game against… Source link

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