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Stocks Sink As New Daily Coronavirus Cases Rise To A New Record

The average of new daily coronavirus cases in the U.S. surged to a new record, with the seven day average hitting 68,767 – 22% higher than the seven-day average a week ago. “We are likely to see a very dense epidemic,” said former FDA Commissioner Dr. Scott Gottlieb this morning. “I think we are right now at the cusp of what is going to be exponential spread in parts of the country.” More than 20 states reported record-high numbers of average daily new cases ove...

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Boston Beer Company (NYSE: SAM): Boston Beer shares jumped nearly 19% on Friday after the maker of Samuel Adams and Truly hard seltzer reported third-quarter earnings and updated guidance. The company reported posted earnings per share of $6.51—beating estimates for earnings per share of $4.63—on revenue of $492.8 million, representing a year-over-year increase of 30%. The stren...

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INTC is dropping after its last earnings report – but it is a still a BIG value

What gives? The market is concerned about issues in production of its next-gen, 7nm chips, which in July management disclosed would be delayed by at least six months. The company is still working through those delays, and analysts and investors seem to be concerned about sales and growth in its data-center business. That pressure could simply be a reflection of the COVID-19 world we live in, but this is also a heavily competitive segment of the industry, and so there is worry they may be losi...

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Your Featured Stock

Turtle Beach Corporation (HEAR) Buy Price: $20.00 or better

Turtle Beach Corporation operates as an audio technology company. It develops, commercializes, and markets gaming headset solutions for various platforms, including video game and entertainment consoles, handheld consoles, personal computers, and mobile and tablet devices under the Turtle Beach brand.