A majority of Wall Street strategists are predicting either a static or slumping stock market following November’s election, regardless of who wins. The outlook becomes even more pessimistic in the event of a contested election, with 80% forecasting a decline of at least 5%. A Biden victory would be more harmful to the stock market,…
In its first-quarter earnings report today, Samsung said it expects the COVID-19 pandemic to continue impacting its business for the rest of the year, cutting into sales for smartphones and TVs, but increasing demand for PCs, servers and memory chips as people continue to work or study from home. Samsung’s results for the first-quarter of…
The White House on Friday said it expects the new phase one trade deal with China would be finished in the first week of January 2020, in a briefing with reporters detailing the deal. White House senior advisor Larry Kudlow said the deal would be signed by Ambassador Robert Lighthizer and the Chinese vice premiere…
