Month: September 2020

A worker is seen wearing a mask while organizing merchandise at a Walmart store, in North Brunswick, New Jersey, July 20, 2020. Eduardo Munoz | Reuters Check out the companies making headlines in midday trading.  Zoom Video — Shares of the video conferencing company rallied more than 30% on the back of better-than-expected results for
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When the U.S. first suffered the initial disruption from the novel coronavirus pandemic, many companies scrambled to find work-from-home solutions. Immediately, Slack Technologies (NYSE:WORK) quick rose to the forefront. Slack specializes in organizational communication platforms that efficiently sharing data among various parties. Following the crisis, such mechanisms became all the more critical, bolstering the bullish
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On July 13, Spartan Energy Acquisition Co. (NYSE:SPAQ) agreed to a reverse merger with Fisker, another electric vehicle company. SPAQ stock is still worth much more even though it is already up 19% since July 8. That was well before the reverse merger announcement or before information leaked out beforehand. Source: Shutterstock The reason why
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Semiconductor industry heavyweight Intel (NASDAQ:INTC) stock has not had a good 2020 so far. Year-to-date, INTC stock is down over 15%. Source: JHVEPhoto / Shutterstock.com Santa Clara, California-based Intel is also known as “Chipzilla.” Some of its products include microprocessors, chipsets, embedded processors, flash memory, systems management software and digital imaging products. Semiconductors are regarded
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Biotech and pharmaceutical companies are seeing an unprecedented boom in 2020. The race for a novel coronavirus vaccine has lit a fuse under many stocks in that sector. Also seeing a boom this year are electric car stocks. Mohammad Niamat Elahee, a professor in the Department of International Business at Quinnipiac University, writes: “While electric
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