Sep 30, 2020 Your daily source for trading strategies, tech news, and politically incorrect humor. Hey there, Bullets Fans -
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Otherwise, without any further ado - let's dig in… Image Source: Morning Bullets After last night's first presidential debate, which involved insult exchanges between President Donald Trump and the Democratic nominee Joe Biden, Dow futures were expected to dip Wednesday.
New York City is also slated to reopen indoor dining today, despite Mayor Bill de Blasio's announcement that positive coronavirus tests had passed the 3 % marker, an announcement that caused a drop in the Dow Jones Industrial Average, the S&P 500, and Nasdaq.
Disney has had to lay off 28,000 of its employees, 67% worked for the company part-time, in response to the California park's continued closure and the fewer guests who are traveling to its open parks.
Also, the $15.8 billion data analytics provider Palantir will begin trading today, at $7.25 a share on the New York Stock Exchange.
Here's what else you should have your eye on this morning...
Other Top Financial News When To Buy, When To Sell & How To Know The Difference Recommended Link: If you've got any money in the market, you'll want to read this now. I'm giving you a front-row seat at our first-ever stock-picking lightning round event - BUY THIS, NOT THAT. (clicking will opt you in to Money Morning's free daily e-letter - Privacy Policy) And we're not sparing any feelings here. Because right now, we're in the midst of a generational buying opportunity - a paradigm shift with unprecedented upward potential. But it's only possible if - and only if - you have the full story. (clicking will opt you in to Money Morning's free daily e-letter - Privacy Policy) In fact, you may personally own - and love - some of the picks on my "stocks to drop immediately" list. Like Dell, IBM, Shopify, and more: Millions of shares of these stocks trade hands every day. And I don't think you should go anywhere near them. (Here's why - clicking will opt you in to Money Morning's free daily e-letter - Privacy Policy) Image Source: Getty Images If you've been on the fence about investing in PayPal Holdings, now might be a good time to revisit the idea. The online transaction platform has not only avoided being negatively impacted by the pandemic; it has actually made huge gains, according to the company's July earnings report. This year's second quarter saw 21.3 million new users, a number that is in alignment with the company's plan to add 70 million net new active accounts by 2020's end.
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30 September | Is now the time to invest in PayPal Holdings?
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