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AdWeek NewsSep 30, 2020
Amazon Rushes to Remove Shirts That Appeared After Trump Told Extremist Group to ‘Stand By'
Within hours of the year's first nationally televised presidential debate on Tuesday night, T-shirts with the words, "Stand back, stand by," and the Proud Boys logo were selling on Amazon. President Donald Trump coined the phrase during his heated, 100-minute exchange with Democratic candidate Joe Biden. Asked by moderator Chris Wallace of Fox News whether...

Yahoo BusinessSep 30, 2020
3 FAANG Stocks That Score a ‘Perfect 10'
In the first week of September, the markets saw a sudden drop from peak values. That fall was most pronounced in the NASDAQ index, which dropped from 1,200 points - some 10% - in just 5 trading sessions. Since then, however, the situation has stabilized. Stocks have bounced up and down, but the NASDAQ has generally held steady at or near 11,000 for the past three weeks.The holding pattern is likely more important than the slide. It's lasted longer, and appears to represent a classic market correction. The NASDAQ's 5-month run to its September 2 all-time high left it somewhat overvalued, and it's now fallen back to a more sustainable level. This is borne out by a look at three major components of the index, members of tech's ‘FAANG' club.The FAANG stocks are Facebook, Amazon, Apple, Netflix, and Google (Alphabet). They are the 800-pound gorillas of the tech world, companies of enormous size and scope, whose operations and market fluctuations have been a major driver to the NASDAQ, and the overall stock market, in recent years. And three of them have another important point in common, too: each gets a ‘Perfect 10' rating from the TipRanks Smart Score.The Smart Score rates every stock according to set of 8 factors that have historically correlated with future outperformance, and combines them into a simple 1 to 10 scale to indicate the stock's likely future course. Now let's see why these tech giants scored so highly, and what Wall Street's analysts have to say about it.Facebook (FB)First on our list is Facebook. The social media giant has spawned both an i

Yahoo BusinessSep 30, 2020
Stock market news live updates: Stocks end session higher, but post first monthly loss since March
Stocks rose Wednesday as investors considered the aftermath of a raucous first presidential debate and continued to eye developments among congressional lawmakers for further fiscal stimulus.

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