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Earnings season kicked off this morning with two big banks delivering earnings beats. JPMorgan posted third-quarter profit of $9.44 billion, or $2.92 per share, compared to estimates for $2.23 per share. The firm generated revenue of $29.94 billion, beating estimates by $1.5 billion, fueled in part by better-than-projected trading results. JPMorgan’s trading division surged by 30% as fixed income trading operation... |
AutoWeb Inc (NASDAQ: AUTO): AutoWeb shares are up 30% over the last week after the digital marketing platform for automotive dealers and OEMs announced a new strategic relationship with QuinStreet Inc to provide AutoWeb’s visitors with access to QuinStreet’s online car insurance search capabilities and solutions, enabling consumers to easily compare and shop for the best auto i... |
GILD’s COVID drug doesn’t make the stock a good buyFrom that point, however, the industry has rebounded nicely and it now approaching the 52-week high it reached. I find it at least anecdotally interesting that the increase coincides with news that President Trump, the First Lady and a number of White House staffers had tested positive for coronavirus. Major market attention turned not only to the President’s physical health but also the specific treatments he was given. Read More |
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Featured StockMarineMax, Inc. (HZO) – Buy Price: $28.50 or betterMarineMax, Inc. operates as a recreational boat and yacht retailer in the United States. The company sells new and used recreational boats, including pleasure boats, such as sport boats, sport cruisers, sport yachts, and other yachts; fishing boats; motor and convertible yachts; pontoon boats; fishing boats; ski boats; and jet boats. Read More |
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