NewsWatch: Here’s a pandemic stock tip: Buy on the rumor of a COVID-19 vaccine, sell on the news

This post was originally published on this site


Wall Street’s ‘smart money’ heads for the exit when retail buyers rush the door, writes Mark Hulbert. See full story.

CDC director warns America is in for the ‘worst fall … we’ve ever had’

The coronavirus isn’t the only public health crisis looming this autumn. See full story.

Trump used coronavirus briefing to criticize Biden’s call for a mask mandate, decry mail-in voting, question Kamala Harris’s eligibility to serve as vice president

President Donald Trump on Thursday evening blasted Joe Biden’s call for a national-mask mandate, challenged the secureness of mail-in voting and questioned the eligibility of Kamala Harris as a vice presidential candidate, during a far-ranging press briefing intended to provide updates and information about America’s battle against the worst pandemic in a generation. See full story.

‘Fortnite’ maker accuses Apple, Google of illegal monopolistic practices in tech Battle Royale

The maker of “Fortnite” has launched a Battle Royale against Apple Inc. and Alphabet Inc., filing lawsuits against the two tech giants that claim they illegally exploit a monopoly on app and in-app purchases. See full story.

Companies are weighing stock splits, after Tesla and Apple announcements, expert says

After Tesla and Apple Inc.–behemoths of Wall Street by dint of their popularity among investors and their outsize valuations, announced plans to split their shares within weeks of each another–there has been a growing buzz that more companies with triple and quadruple-digit share prices will follow in their footsteps. See full story.


The Department of Justice says Yale University discriminates against white and Asian students. See full story.