9 Oct

Get Real: Is the Long Wait Finally Over?

WRITTEN BY Sybil Prowse

In today’s Get Real roundup, we saw that the T-Mobile–Sprint deal could finally close, and blacklisting is shaking stocks. Plus, earnings season, a possible correction, and more.

Must-knows

Is the long wait finally over?

T-Mobile (TMUS) and Sprint (S) stocks rallied on merger news after a Bloomberg report suggested that the deal will finally get majority support from the FCC. 

Blacklisting, pension funds, and the Dow

Yesterday, the Trump administration blacklisted 28 Chinese firms because of alleged human rights violations against Muslim minorities in northwestern China. Meanwhile, the White House might also bar government pension funds from investing in China, and we’re seeing an impact on the Dow (DJIA).

Fighting back against the “NVIDIA killer”

AMD (AMD) launched its low-end, Navi-based Radeon RX 5500 GPU this week. Now rumors are flying with talk of how NVIDIA (NVDA) could start fighting back against its archrival.

Domino’s disappoints

The world’s largest pizza company, Domino’s (DPZ), disappointed investors yesterday with weaker-than-expected third-quarter results. Find out what went wrong in Q3—and why Wall Street prefers Papa John’s (PZZA).

Facebook’s encryption plans

Attorney General William Barr wants Facebook (FB) to stop plans to fully encrypt its messaging services. Barr and the Department of Justice argue that Facebook’s encryption plans would disrupt law enforcement agencies. Here’s why.

What to watch for

Correction ahead?

Jack Ablin, Cresset Asset Management’s chief investment officer, thinks we’re entering a cyclical downturn. Find out why he said, “The market could respond downward 10 to 15%.” 

Maine’s marijuana market

Cannabis legalization is gathering steam across the US. Maine legalized recreational cannabis in 2016, but retail sales for adult-use products have been a long time coming. We now have confirmation that Maine could see recreational products hitting the market by March.

Another reason to go electric?

Elon Musk tweeted that the shift to electric vehicles could lower combustion-engine cars’ resale value. But is the CEO’s contempt for traditional cars doing Tesla (TSLA) any favors?

Tech earnings are coming up

With another earnings season on the horizon, it’s time to start thinking about what you can expect from the markets. We’ve made the job a little easier by comparing the latest forecasts for three of the biggest tech stocks.

Get Real: Is the Long Wait Finally Over?

Latest articles

Is the technology sector due for a correction? Twitter (TWTR) and Intel Corporation (INTC) will release their Q3 2019 stock earnings on October 24.

The Dow Jones Industrial Index (or DJIA) is trading just 2.2% below its all-time high. But is the stock bubble about to burst?

Renaissance Technologies had a strong investment in the healthcare sector in Q2 2019. The healthcare sector makes up 18.16% of the firm's total portfolio.

This week, semiconductor equipment suppliers Teradyne Inc. (TER) and Lam Research (LRCX) will report their quarterly earnings.

Major chip companies Texas Instruments (TXN) and Xilinx (XLNX) released their earnings last week and saw their stocks fall.

On October 18, CNBC reported Bill Gross top picks. His top stock picks were Annaly Capital (NLY), Invesco (IVZ) and Allergan (AGN).