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For the Pfizer and BioNTech coronavirus vaccine to be approved by the U.S. FDA, they will have to provide the regulatory body with at least two months of safety data.Shares of Pfizer Inc (NYSE: PFE) jumped approximately 2.19% during Friday’s pre-market to trade around $37.36, they continued their growth as
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According to analyst Lyn Alden, the answer depends on bitcoin’s own cycle.For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS. Subscribe to Blockchain Bites, our daily update with the latest stories.SubscribeBy signing up, you will receive emails about CryptoX products and you agree
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Investors are concerned about the upcoming U.S. presidential election impacting the stock market.Chamath Palihapitiya said the stock market would continue to rise regardless of a Trump or Biden presidency.Stocks are going higher due to the Federal Reserve’s unprecedented support, which is causing asset price inflation.After a tech stock selloff in
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Shares of Nvidia are up over 3% in Tuesday’s trading.The virtual Nvidia GPU Technology Conference kicked off Monday.The chipmaker cements its place in graphics processing while charting a new revenue line in the AI field.Even after a triple-digit rally so far this year, graphics chipmaker Nvidia’s stock is not done
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Three of the largest asset managers are diversifying their funds to hold blockchain stocks, throwing more establishment financial might behind bitcoin’s technology.Charles Schwab has begun purchasing shares of Riot Blockchain, joining Fidelity and Vanguard – already investors in Riot, HIVE Blockchain Technologies, Hut 8 and BC Group – in allocating
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The cryptocurrency and Asian stock markets dumped early Friday after U.S. President Donald Trump announced he and his wife had tested positive to COVID-19. Source
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The S&P 500 could stagnate for ten years, a historically accurate indicator and strategists say.The U.S. stock market is at risk of long-term underperformance, especially as the prospect of vaccines by the year’s end worsens.Moderna CEO Stéphane Bancel said the vaccines would not be ready for FDA approval before November
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Barclays upgraded the cruise line stocks.Cruise lines may get permission to start operating next week.Long-term cruise trends suggest the pain isn’t over for the industry.Barclays, the major bank involved in the LIBOR scandal, and often-fined by the SEC for money laundering and other financial crimes, has a new suggestion for
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The five largest stocks in the S&P 500 could be replaced as market leaders.Goldman used the Rule of 10 criteria to identify 21 stocks that could beat the market.Salesforce, Paypal, and Netflix are among those top stocks.Five mega-cap stocks have led the U.S. stock market rally–Facebook, Amazon, Apple, Microsoft, and
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Cloud gaming could be one of the biggest winners of the 5G revolution.Game makers, chipmakers, and carriers all stand to benefit.T, NVDA, AMD, and EA look like the best 5G stocks to buy.While coronavirus and the upcoming presidential elections have commanded investors’ attention lately, the rollout of 5G across the
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