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Bogus coronavirus stories fuel push for legislation to stop flood of disinformation
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Positive views on prospects for a coronavirus solution helped make market participants more confident.
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 Our digital world is changing - 5G is on the way, and it will transform the way we use mobile networks. Higher speeds and lower latency will allow for more versatile web use and communication networking via smartphones and tablets, and as the new networks increase their reach, they'll accelerate the trend towards smaller, more mobile devices.The advantages of 5G won't end with better handheld devices. Self-driving cars are becoming reality - and it's because of the higher capacity networks, capable of handling the real-time data streaming that an automotive AI will require. And Internet of Things, which is already changing manufacturing, will truly come into its own due to 5G tech. We are on the cusp of a technological revolution, and with it comes a slew of investment opportunities.Network providers, semiconductor chip makers, and software companies are among those that stand to benefit from 5G. We've used the TipRanks database to pinpoint three names poised to gain as 5G expands - and each is already taking steps to ensure that they do.America Movil (AMX)The largest telecom company in Latin America, and the fourth-largest in the world, America Movil boasts a $53.7 billion market cap even after the heavy share depreciation due to the coronavirus crisis in 1H20. The first half, especially the first quarter, saw sharp reductions in revenues and earnings, but the company's niche is solid, and through its subsidiaries, the company controls the lion's share of Latin America's wireless service.A look at the Mexican wifi spectrum will illustr
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 Stocks extended gains Monday morning after two pharmaceutical companies received "fast track" designation for the development of their vaccine candidates against Covid-19, stoking hopes of near-term inoculation amid the pandemic.
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 Stock-index futures point to a higher start Monday as investors prepare for a tough earnings season and applaud news that the Food and Drug Administration granted "fast track" status to a pair of vaccine candidates produced by Pfizer Inc. and German biotech firm BoNTech SE.
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 Pfizer Inc (PFE) and BioNTech SE (BNTX) have announced that two of the companies' four investigational Covid-19 vaccine candidates from their BNT162 mRNA-based vaccine program have received Fast Track designation from the U.S. Food and Drug Administration (FDA).Shares in Pfizer are up 3% in Monday's pre-market trading, while BioNTech has soared 9%.The two candidates, BNT162b1 and BNT162b2, are the most advanced vaccine candidates in the BNT162 program currently being evaluated in ongoing Phase 1/2 clinical studies in the United States and Germany.Fast Track is a process designed to facilitate the development, and expedite the review, of new drugs and vaccines to treat or prevent serious conditions with an unmet medical need.This designation was granted based on preliminary data from Phase 1/2 studies that are currently ongoing in the United States and Germany as well as animal immunogenicity studies.The BNT162 program is evaluating at least four experimental vaccines, each of which represent a unique combination of messenger RNA (mRNA) format and target antigen. BNT162b1 and BNT162b2 are both nucleoside modified RNAs, formulated in lipid nanoparticles. BNT162b1 encodes an optimized SARS-CoV-2 receptor-binding domain (RBD) antigen, while BNT162b2 encodes an optimized SARS-CoV-2 full-length spike protein antigen.The "Fast Track designation signifies an important milestone in the efforts to develop a safe and effective vaccine against SARS-CoV-2," cheered Peter Honig of Pfizer, adding:
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Dow Futures Rise Despite Unrelenting Covid-Case Increases. Here's What the Market Might Be Watching. Barron'sU.S. stock futures rise amid troubling coronavirus numbers MarketWatchGoldman Boosts S&P 500 Earnings Outlook, Says Focus on Guidance BloombergTop 5 Things to Know in the Market on Monday, July 13th Investing.com
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Tesla surges to become 10th most valuable publicly traded US company
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U.S. stocks on Monday morning were rallying, with gains driving the broad-market S&P 500 index to within 5% of its most recent record, a move that is underscoring a rebound for the equity markets since its March collapse that had been induced by panic about the economic impact of the COVID-19 pandemic. The S&P 500 was most recently up 1% at around 3,218, just within 5% of its Feb. 19 peak at 3,386.15, according to FactSet data. Although concerns about the economic outlook haven't evaporated, investors are continually betting that the a rise in cases derived from the novel strain of coronavirus won't significantly derail a rapid and sharp, or V-shaped, economic recovery. The broad market's elevated value also is due to stimulus from the government and the Federal Reserve, which has helped to support a rally in mega-capitalization stocks that are technology or technology related, including Amazon.com Inc. , Microsoft Inc. , Apple Inc. and Tesla Inc. among them, which are viewed as more resilient to the harm from business closures due to the epidemic. Those companies are also considered solid bets on the future of the economy outside of the pandemic that has rocked global economies and markets. The tech-heavy Nasdaq Composite Index , against that backdrop, has been on a tear, and was on track for its 28th record of 2020. The Nasdaq-100 , consisting of the largest 100 companies within the Nasdaq, also has been trading firmly in record territory. Meanwhile, the Dow Jones Industrial Average, which comprises a number of companies considered more economically sensitive, has lagged behind its peers, but was still up firmly. The Dow at last check was up 321 points, or 1.2%, at 26,397, but about 10% from its Feb. 12 record closing high at 29,551.42. Monday's rally in particularly was at least partly on the back that of hope that new coronavirus vaccine candidates will help mitigate a recent resurgence in cases.
Market Pulse Stories are Rapid-fire, short n
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Senators Marco Rubio and Ted Cruz among US officials targeted by Beijing
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PepsiCo rose on better-than-expected results for the previous quarter. Tesla shares hit an all-time high.
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Judge Orders Halt To Federal Executions That Were Set To Resume This Week NPRExecution of Daniel Lee can proceed, federal appeals court rules Fox NewsDaniel Lewis Lee: US judge delays first federal execution in 17 years BBC NewsJudge blocks first federal execution in US since 2003 The Guardian
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PepsiCo reported that quarterly revenue fell after fewer consumers bought its drinks at restaurants and convenience stores during the coronavirus pandemic.
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S&P 500 stocks will unveil a 45 per cent plunge in quarterly profits, according to FactSet
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Can Congress investigate Trump's commutation of Roger Stone's sentence? NBC NewsLindsey Graham says he will ask Mueller to testify before Senate Judiciary Committee CNNStone Says He'll Win on Appeal After Sentence Is Commuted Bloomberg PoliticsDid Mueller Ever Stand a Chance Against Trump and Roger Stone? The New York TimesRoger Stone and Jeff Sessions are meeting two ver
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 Florida tops single-day state COVID-cases record set last week by California
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Woolery, who hosted ‘Love Connection' and ‘Wheel of Fortune,' speculated COVID-19 coverage is meant to influence the election
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Is it bad publicity to reopen in a state struggling with COVID-19, or is it necessary to get back to business?
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 Yahoo Finance's Alexis Christoforous and Brian Sozzi break down today's market action with Invesco Global Market Strategist, Brian Levitt.
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A rule change in China has Macao's gambling stocks soaring today.
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Stocks surge as 2 coronavirus vaccines granted 'fast-track' status Fox BusinessPfizer, BioNTech Covid-19 vaccines granted FDA fast track status CNBC TelevisionPfizer, BioNTech's coronavirus vaccine candidates get FDA's 'fast track' status Yahoo News10-year Treasury yield rises slightly after positive vaccine news CNBCJim Cramer on fast-track designation for Pfizer and BioNTech vaccines against Covid-19 CNBC TelevisionView Full Coverage on Google News
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The coronavirus has infected more than 12.91 million people around the world as of Monday, killing at least 569,128 people.
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 You can save tons of money right now during the Macy's Black Friday in July sale, including savings on cooking gadgets, beauty items and more.
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 Yahoo Finance's Alexis Christoforous and Brian Sozzi discuss what's moving the markets on Monday morning with Lori Heinel, State Street Global Advisors deputy global CIO.
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'It's going to be really ugly.' Here come the big bank earnings CNNWells Fargo Stocks Looks Good Enough to Buy InvestorPlaceNetflix, Goldman Sachs, Delta, JPMorgan Chase, and Other Stocks for Investors to Watch This Week Barron'sReport: Wells Fargo to Cut Thousands of Jobs Later This Year The Motley Fool
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The company's chief executive, Dov Charney, had staged a professional comeback by making masks. Four workers have died from the virus.
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Federal Reserve Bank of New York President John Williams said that a replacement for the scandal-plagued Libor interest-rate reference regime has fared well amid the stresses seen in the financial system during the coronavirus pandemic.
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 Shares of Redfin Corp. dropped 1.1% in midday trading Monday, after BofA Securities analyst Nat Schindler turned bearish on the real estate brokerage services company citing valuation concerns. Schindler cut the rating to underperform from neutral, while keeping the stock price target at $24, which is 34.7% below current levels. Schindler said data suggests pending home sales for the four weeks ending June 28 are down as much as 17 percentage points from pre-COVID-19 levels, while real estate services valuation multiples on pre-COVID estimates suggest the market is pricing in a "significant expansion" from the highs seen earlier this year. "We see current valuations leaving little room for multiple expansion or upward estimate revisions and believe continued COVID outbreaks skew risks heavily to the downside," Schindler wrote in a note to clients. The stock has more than doubled over the past three months (up 105.2%) and has run up 73.8% year to date, while the S&P 500 is little changed this year.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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 At the end of February we announced the arrival of the first US recession since 2009 and we predicted that the market will decline by at least 20% in (see why hell is coming). In these volatile markets we scrutinize hedge fund filings to get a reading on which direction each stock might be going. […]
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 Dow futures up 200 points as investors prepare for earnings-season kickoff
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European stocks rose on Monday, as optimism surrounding second-quarter earnings offset a disturbing rise in coronavirus cases, including in the key U.S. state of Florida.
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 Yahoo Finance's Adam Shapiro and Julie Hyman break down Monday's trending headlines.
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Is the coronavirus airborne? The latest guidance from the WHO, explained. Vox.comWHO: Indoor airborne spread of coronavirus possible KPRC Click2HoustonCOVID-19 may be airborne. Here's what that could mean. Greensboro News & RecordWHO says U.S
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 Electric vehicle maker Fisker is poised to go public in a deal that it says will enable it to begin production on the Fisker Ocean SUV in late 2022.
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Walt Disney Co. said it would temporarily close the Hong Kong Disneyland park as the government there moves to clamp down on coronavirus cases.
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Google launches 2nd-gen Pixel Buds in 9 countries, colors arriving next month 9to5GoogleGoogle just put a photo of the Pixel 4A on its store The VergeGoogle's true wireless Pixel Buds are now available outside of the US EngadgetOfficial Google Pixel 4a render appears on the Google Store ahead of launch 9to5Google
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 Earlier in July, the team announced a review of the name following renewed pressure from sponsors. There's no word yet on the new name or timeline for the change.
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The proposed deal is anticipated to provide Fisker the necessary funding to bring its first product, the Fisker Ocean, to production in late 2022.
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 (Bloomberg Opinion) -- The boring part of the chip market is getting more interesting. For Texas Instruments Inc., that means stiffer competition from a stronger rival. Early Monday, Analog Devices Inc. announced a definitive agreement to acquire Maxim Integrated Products Inc. for about $21 billion in an all-stock deal that works out to a 22% premium to Maxim's close on Friday. Maxim shareholders will get 0.63 share of Analog stock for each share they own, resulting in 31% ownership of the combined company. The transaction is expected to be completed in the summer of 2021 and is subject to regulatory and shareholder approvals.The deal would combine the No. 2 and No. 3 players in analog chips, one of the less sexy and more workaday corners of the semiconductor market. According to Bernstein, the category accounted for 13%, or about $54 billion, of the global $412 billion chip market last year. Analog chips have the specific function of converting physical world signal — including sound, temperature and pressure — into digital data. Compared to microprocessors — which are updated annually, cost up to hundreds of dollars per unit and require the latest bleeding-edge expensive chip manufacturing technologies — analog chips are very different. A typical analog product design can have a shelf life of many years, and they are inexpensive, often selling for less than a dollar each. And because they are also easier to make, they have high profit margins.But there are downsides for this segment of late. Analog-chip companies have fac
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 The NFL's Washington, D.C. team announced today it would change its name from the Washington Redskins. "We will be retiring the Redskins name and logo" at the end of a review period that began July 3, the team said in a statement posted to Twitter this morning. Team owner Dan Synder and coach Ron Rivera...
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The fractious interdependence of China and the US
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Washington's NFL team announced it will no longer be called the team's name it previoulsy held since 1932.
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 Buying value stocks at bargain-basement prices has netted sub-par returns for more than a decade. But don't count out these stocks yet.
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Ban to take effect within months after pressure from Conservative party rebels and Washington
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