In today’s Get Real, we saw that Warren Buffett entered the cannabis sector and Boeing experienced another massive loss. Plus, unrest in Hong Kong could hit the market.
Will the Fed cause a crash?
The Fed is set to release its interest rate decision this week following the FOMC’s meeting that starts today. After trading near its all-time high, the Fed’s decision could impact the S&P 500 Index.
Tesla Model Y
Model Y is expected to be a landmark for Tesla (TSLA), especially after the company’s surprise third-quarter profits. The SUV-like EV is expected to enter production by mid-2020, according to Tesla’s faster-paced manufacturing timeline.
Warren Buffett entered the cannabis sector
Recently, Warren Buffett entered the cannabis sector through Kraft Heinz’s (KHC) investment in Flowhub. Several cannabis companies want to expand the cannabis market through new products and investors.
Microsoft versus Amazon
Last week, the Pentagon awarded the $10 billion JEDI contract to Microsoft (MSFT), which boosted its stock. Initially, Amazon (AMZN) was expected to secure the deal. As a result, Amazon stock fell after the news.
Another loss for Boeing
What to watch for
Q4 might not be enough to boost Walgreens
What’s next for US steel?
US steel stocks have been struggling this year. However, there could be good news for the sector. The earnings results this week could cause short sellers to lose out on their bets.
Hong Kong’s impact
The Shanghai Composite Index rose on Monday due to trade deal optimism. Hong Kong’s financial secretary also declared a recession. Will unrest in Hong Kong impact the index?
Cowen on Apple’s Q4 earnings report
Apple’s (AAPL) fourth-quarter earnings report is set to be released on Wednesday. Cowen, an investment bank, expects the first quarter of fiscal 2020 to be the company’s best quarter yet at $90 billion in sales.