Market Rally Bends, But Doesn’t Break; 5 Stocks In Buy Zones

U06P

Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures. The stock market rally fell last week, but the major indexes slashed losses by Friday’s close, with the Nasdaq once again facing a big hurdle. — X Dow Jones component UnitedHealth (UNH) soared into a buy zone Friday on strong earnings, … Read more

Market Rally Extends Momentum As Apple Pops, Amazon Soars

U06P

Dow Jones futures rose overnight, along with S&P 500 futures and especially Nasdaq futures, with Apple (AAPL) and Amazon.com (AMZN) headlining another wave of overnight earnings. X The stock market rally showed strength Thursday, shrugging off a post-Fed pullback and weak earnings to move modestly higher. Key Earnings Overnight In addition to Apple and Amazon, … Read more

5 things to know before the stock market opens Thursday

U06P

A trader works on the floor of the New York Stock Exchange (NYSE) following a Fed rate announcement, in New York City, July 27, 2022. Brendan McDermid | Reuters Here are the most important news items that investors need to start their trading day: 1. Stock futures look soft U.S. equities markets were set for … Read more

As Twitter rethinks its San Francisco footprint, a bigger $9 billion question hangs over the city’s office market

U06P

Twitter Inc. put its large San Francisco office footprint on review for downsizing on Wednesday, and has nixed the opening of an office in Oakland, Calif., a person with direct knowledge of the matter said. The move clouds the future of the social-media site’s stylish San Francisco headquarters, a 1.1 million-square-foot trophy office complex at … Read more

FTC says Meta’s Supernatural purchase could ruin the VR fitness market

U06P

Enlarge / Artist’s conception of the FTC fighting back against Meta’s latest proposed acquisition. The Federal Trade Commission has filed an antitrust lawsuit against Meta in an attempt to stop the Facebook parent company from purchasing Within, which makes the popular virtual reality fitness app Supernatural. Meta’s plans to spend a reported $400 million on … Read more

Scientists hone argument that coronavirus came from Wuhan market

U06P

Comment on this story Comment The coronavirus pandemic began in separate viral spillovers — at least two but perhaps as many as two dozen — from live animals sold and butchered in late 2019 at the Huanan Seafood Market in Wuhan, China, according to two papers published Tuesday in the journal Science. The publication of … Read more

Another home insurer will stop insuring Florida homes amid market ‘collapse’

U06P

Florida’s already crippled home insurance market is taking another hit. WESH 2 News has learned that another company, Bankers Insurance Group, is pulling out of Florida’s home insurance market. “The Florida private insurance market is collapsing,” said Mark Friedlander. Friedlander is the Florida spokesperson for the Insurance Information Institute. He said Bankers Insurance is now … Read more

New studies agree that animals sold at Wuhan market are most likely what started Covid-19 pandemic | CNN

U06P

CNN  —  In June, the World Health Organization recommended that scientists continue to research all possible origins of the Covid-19 pandemic, including a lab leak. Two newly published studies take totally different approaches but arrive at the same conclusion: The Huanan Seafood Market in Wuhan, China, was most likely the epicenter for the coronavirus. The … Read more

Astros Exploring Catching Market, Have Discussed Willson Contreras With Cubs

U06P

The Astros have been linked to Josh Bell a few times in recent days, but the Nationals first baseman isn’t the only rental bat on Houston’s radar. Jeff Passan of ESPN reports that the Astros have been in contact with the Cubs about catcher Willson Contreras. More broadly, Ken Rosenthal of the Athletic wrote this morning that … Read more

Study proves COVID outbreak originated at Wuhan food market, Utah researcher says

U06P

In this Jan. 31, 2021 photo, a security guard waves for journalists to clear the road after a convoy carrying the World Health Organization team entered the Huanan Seafood Market. New research found that the Huanan foods market in Wuhan, China served as the epicenter for the SARS-CoV-2 outbreak in late 2019, a study co-authored … Read more