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July 11, 2020
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Market heads into worst earnings season in 12 years amid worries virus is slowing recovery

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CNBC – For more and to sign up click here Market heads into worst earnings season in 12 years amid worries virus is slowing recovery SEARCH QUOTES Source – Click here for more To Return to the Main Aggregate News Page – click here...
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Tesla is a ‘stock you cannot fundamentally value,’ trader says. Here’s his strategy for its record climb

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CNBC – For more and to sign up click here Tesla seems unstoppable. The electric auto maker’s stock hit a record high for the fifth day in a row on Tuesday, adding to a practically relentless 223% rally since the market bottomed in March. Tesla’s $258 billion market cap now......
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Think tank explains why it’s ‘pointless’ to delist Chinese companies from U.S. stock markets

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CNBC – For more and to sign up click here U.S. and China flags along Pennsylvania Avenue in Washington, D.C. on Jan. 17, 2011. Andrew Harrer | Bloomberg | Getty Images Delisting Chinese companies from U.S. stock exchanges is “a pointless drive” that will neither deny those firms access to......
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Stock market live updates: Dow up 200, big winning week, blowout jobs number

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CNBC – For more and to sign up click here A view of the Wall Street street sign with the New York Stock Exchange during the coronavirus pandemic on May 25, 2020 in New York City. Noam Galai | Getty Images Stocks moved higher on the final trading day of......
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Morgan Stanley’s former head of diversity sues bank for discrimination

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CBS News – For more and to sign up click here The former head of diversity at Morgan Stanley is suing the firm and two of its top executives, including CEO James Gorman, for racial and gender discrimination. According to the lawsuit, which was filed on Tuesday, Marilyn Booker was......
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Stocks making the biggest moves in the premarket: Micron, Conagra Brands, Apple, Xilinx & more

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CNBC – For more and to sign up click here Take a look at some of the biggest movers in the premarket: Conagra Brands (CAG) – The food producer reported quarterly profit of 75 cents per share, 9 cents a share above estimates. Revenue also exceeded consensus and Conagra gave......
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Bank of America, Citi and Goldman keep dividends the same post-stress tests, Wells Fargo to cut

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CNBC – For more and to sign up click here (L-R) Michael Corbat, chief executive officer of Citigroup Inc., Jamie Dimon, chief executive officer of JPMorgan Chase & Co., James Gorman, chief executive officer of Morgan Stanley, Brian Moynihan, chief executive officer of Bank of America Corp., Ron O’Hanley, president......
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Morgan Stanley is bullish on Singapore stocks and expects 14% returns

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CNBC – For more and to sign up click here People wearing protective masks walk along the Jubilee Bridge at the Marina Bay waterfront on June 7, 2020 in Singapore. Suhaimi Abdullah | Getty Images Morgan Stanley is bullish on Singapore stocks and expects as much as 14% returns for......
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Stocks making the biggest moves midday: Goldman Sachs, Spotify, KB Home, Disney & more

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CNBC – For more and to sign up click here A Goldman Sachs sign is seen on at the company’s post on the floor of the New York Stock Exchange. Brendan McDermid | Reuters Here are the stocks making headlines in midday trading.  Goldman Sachs, Morgan Stanley, JPMorgan Chase —......
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Stock market live updates: Choppy trading, banks jump, travel stocks lower

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CNBC – For more and to sign up click here The New York Stock Exchange (NYSE) stands in lower Manhattan on May 18, 2020 in New York City. Markets surged today as promising details of a potential COVID-19 vaccine were released and more European countries gradually re-opened after months of......
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Bank stocks surge after regulators ease Volcker Rule, JPMorgan Chase climbs 2%

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CNBC – For more and to sign up click here U.S. banking regulators are about to ease restrictions created in the aftermath of the financial crisis, a development that sent bank stocks surging Thursday.  Officials from the Federal Deposit Insurance Commission said on a call that they are loosening the......
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Stock market live updates: Stocks rise, Nasdaq new record, Navarro gives overnight scare

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CNBC – For more and to sign up click here A trader walks in front of the New York Stock Exchange on May 26, 2020 at Wall Street in New York City. Johannes Eisele | AFP | Getty Images This is a live blog. Check back for updates. 10:05 am:......
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Morgan Stanley says a second wave of coronavirus won’t derail Asia’s economic recovery

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CNBC – For more and to sign up click here A boy waves a national flag as his dad holds him and uses a smartphone with a selfie stick to take a photo, both wearing protective masks, in front of the portrait of late communist leader Mao Zedong (R, back)......
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Morgan Stanley’s former global diversity chief sues bank for racial discrimination

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CNBC – For more and to sign up click here Marilyn Booker attends the BET Awards Welcome Party at Liaison Lounge on June 21, 2019 in Los Angeles, California. Joshua Blanchard | Getty Images Marilyn Booker, a 26-year veteran of Morgan Stanley who spent most of that time as the firm’s......
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15. Better.com

CNBC Real Estate
Founder: Vishal Garg (CEO)Launched: 2016Headquarters: New York CityFunding: $254 millionValuation: N/AKey technologies: AI, cloud computing, machine learningIndustry: Digital mortgagesPrevious appearances on Disruptor 50 List: 0 This digital mortgage company has seen a 200% increase in applications since the coronavirus pandemic began in the U.S., funding $1 billion in mortgage loans in March and $1.4 billion in......
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S&P 500 falls on signs of a spike in coronavirus cases — here’s what to watch

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CNBC – For more and to sign up click here The S&P 500 dropped Monday as investors grappled with signs of a spike in coronavirus cases during the reopening of the U.S. economy. Here’s what five experts say investors should watch. Darrell Cronk, CIO for wealth and investment management at Wells......
CNBC Business

As Tesla falls on downgrades, investors should consider buying the dip: Traders

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CNBC – For more and to sign up click here Don’t discount Tesla. That was the message Friday from two traders as shares of the electric auto maker fell following analyst downgrades from Morgan Stanley and Goldman Sachs. Morgan Stanley, the more bearish of the two, downgraded Tesla to underweight......
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Ex-Citigroup CEO Sandy Weill calls Morgan Stanley and Charles Schwab ‘very good buys’

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CNBC – For more and to sign up click here Sandy Weill, former CEO of Citigroup, in file photo. Adam Jeffery | CNBC Sandy Weill, the former Citigroup CEO and chairman who helped create the megabank model in the 1990s, said Friday that Morgan Stanley and Charles Schwab were “really......
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Morgan Stanley says the U.S. ‘will not want to break the phase one deal’ with China

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CNBC – For more and to sign up click here President Donald Trump and China’s President Xi Jinping shake hands at a press conference following their meeting at the Great Hall of the People in Beijing. Artyom Ivanov | TASS | Getty Images The U.S. will not likely want to......
CNBC Business

Amwell confidentially files for IPO amid surging demand for remote health care

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CNBC – For more and to sign up click here An in-home health-care worker from Amwell coordinates a telehealth visit with a doctor on-screen. Amwell Less than a month after raising almost $200 million to meet skyrocketing demand for remote health care services, Amwell is gearing up to go public,......

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