November, 2020 - Stocks Telegraph

The European Commission charged Amazon.com (AMZN) for abusing competition rules

Leave a Comment / Featured / By Shan Zee

Amazon faced European union charges for using its dominant position to gain an unfair advantage over competitors. The commission said that Amazon had used data on third-party sellers that use its marketplace to boost sales of its own-label goods. The commission is also investigating another complaint about possible favor given to the sellers who use …

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ShotSpotter, Inc. (SSTI) topped EPS outlooks thrice in the last four years

Leave a Comment / Mid Day Movers / By Hasnain Khan

The quarterly revenues from ShotSpotter (SSTI) were $0.05 per share, up from $0.03 per share, estimated by the analysts. This gunfire detection system manufacturer was projected to report earnings of $0.01. Nevertheless, it produces a profit of $0.07 with a surprise of 600%. For the quarter ended September 2020, ShotSpotter, posted sales of $11.35 million, …

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Brunswick Company (NYSE: BC), hires veteran John Oenick to boost electrification technology

Leave a Comment / Mid Day Movers / By Hasnain Khan

Brunswick Company (NYSE: BC), the world’s leader in recreational boating, continues to create strategies to enhance the boat experience by enhancing both its core product range performance and capability and through the Autonomy, Connectivity, Electrification, and Shared Access (ACES) strategy. In order to advance this policy, in addition to autonomy and connectivity, Brunswick is setting …

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Pfizer Inc. (NYSE: PFE) set to roll out 50 million coronavirus vaccines by the end of 2020

Leave a Comment / Morning News / By Hasnain Khan

Drug-maker giant Pfizer Inc. (NYSE: PFE) shares jumped 14% after it said that preliminary analysis showed 90% efficacy of its coronavirus vaccine. It was called a “great day for science & humanity,” by development companies Pfizer and BioNTech. Their vaccine was tested in six countries on 43,500 individuals and no safety issues were posed. In response …

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International Energy Agency (IEA) predict global Renewable capacity to grow by a whopping 200 gigawatts in 2020

Leave a Comment / Morning News / By Hasnain Khan

According to the International Energy Agency, the global installation of renewable electricity will reach a record level in 2020, in sharp contrast with the declines caused by the coronavirus pandemic in the fossil fuel market. The IEA study released on Tuesday says nearly 90 percent of existing electricity production in 2020 would be renewable, …

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Stocks to Watch as Markets Price-in a Biden Presidency

Leave a Comment / Featured, Morning News / By Nicholas K

The markets are up this morning, a reflection of their adjustment to a Joe Biden presidency. This comes after a highly volatile election week that was unmarked by uncertainty as to who had won the election. The markets are expecting a presidency that is likely to be more moderate and pro-business. One aspect of a …

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US presidential change signals risk appetite as Brent crude hits $40

Leave a Comment / Mid Day Movers / By Shan Zee

Crude prices increased on Monday, with Brent hitting a point of $40 a barrel after Joe Biden took up the presidency of the United States and signals a rise in risk appetite. The crude Brent LCOc1 had risen to 40.36 dollars per barrel by 91cents, or 2.3 percent, whereas the USA West Texas Intermediate Oil …

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Biden and BP are on the same page regarding renewable energy

Leave a Comment / Morning News / By Nicholas K

Joe Biden the President-elect talked about U.S net zero carbon goal by 2050 a year ago which was not taken seriously at that time but now it looks like that his thinking was way ahead than others but similar to the BP plans about zero-carbon targets. In the current scenario, petroleum companies are getting reading …

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Super Micro Computer Inc [SMCI] Looks Strong after Impressive Q1 2021 Results

Leave a Comment / Featured / By Nicholas K

Super Micro Computer, Inc [NASDAQ: SMCI] was a top gainer yesterday and looks set for more gains short-term. This is after the company that deals with high-efficiency servers and storage technology as well as green computing released its financial results for the first quarter of the fiscal year 2021 ended September 30, 2020. According …

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Why MOGO Inc [MOGO] could test $2.5 or More Soon

Leave a Comment / Featured, Mid Day Movers / By Nicholas K

The markets may be down today but MOGO Inc [NASDAQ:MOGO] is doing quite well. This comes after the company announced that MogoSpend was now supporting Apple Pay, Samsung Pay, and Google Pay. The financial services company said that all its cards including the Mogo Visa Platinum Prepaid Card would from now on support the aforementioned …

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November 2020