uploads///catching break

Get Real: Catching a Break before 2020


Sep. 4 2020, Updated 6:54 a.m. ET

In this morning’s edition of our daily market newsletter, Get Real, we looked at relief for PG&E, Nike’s bullishness, and Zuckerberg’s sway over China. Plus, the top stocks to watch across markets in 2020.

Article continues below advertisement


A sigh of relief for PG&E

Recently, bankrupt utility PG&E (PCG) reached a settlement to resolve individual claims stemming from wildfires in the past few years. With the approved settlement, the company aims to emerge from bankruptcy by the middle of 2020.

T-Mobile and Sprint’s antitrust trial

The trial that will decide the fate of the T-Mobile (TMUS) and Sprint (S) merger started yesterday. A New Street Research analyst thinks that the odds are close between the merger and the states arguing against it.

Zuckerberg’s sway over Chinese cryptocurrency

The People’s Bank of China seems to be promoting competition between banks and telecom giants to pioneer a new digital currency. Facebook (FB) CEO Mark Zuckerberg has hinted at China’s crypto project efforts. How likely is it that Zuckerberg is behind China’s latest push?

Boeing’s chaos continues

Boeing (BA) saw some improvement last week. However, the FAA is seeking a multi-billion dollar fine from the company due to issues with Boeing 737 NG aircraft. Multiple airlines, including Southwest and United, might be impacted by ongoing troubles with Boeing.

Dividend-paying consumer stocks

So far, most consumer stocks have outperformed the broader market this year. We analyzed some of the most notable dividend-paying consumer stocks right now.

What to watch for

Is Micron stock doomed to fall?

Micron (MU) stock has been steady since its rally this year. However, market sentiments appear to be turning bearish. Options traders seem to be betting on a significant drop for the stock in the months to come.

Nike’s bullish predictions

Last week, Goldman Sachs analyst Alexandra Walvis upgraded Nike (NKE) stock to “buy” and the stock rose. Nike will likely report strong earnings and demonstrate significant acceleration in its EPS growth with its earnings report for the second quarter of fiscal 2020 later this month.

What’s in the cards for oil prices?

Oil saw an upside last week. Notably, WTI crude oil prices rose. OPEC+ also surprised the market with a deeper cut, which caused crude oil futures to rise.

Top tech IPOs in 2020

Interest in the IPO market continued after companies including Uber (UBER) and Slack (WORK) went public this year. We discussed the top three IPOs for investors to watch in 2020.

Sign up for Get Real, free market newsletter


More From Market Realist

  • Roz Brewer speaking
    Get Real
    Walgreens CEO Roz Brewer Is a Powerhouse, VP Harris' Sorority Sister
  • Joe Rogan
    Get Real
    Who's on Joe Rogan's Political Radar?
  • why lottery is a waste of money
    Get Real
    Why Playing the Lottery Is a Gamble Most People Don't Win
  • will apple and tesla partner on electric cars
    Get Real
    Will Apple and Tesla Partner on Electric Cars?
  • CONNECT with Market Realist
  • Link to Facebook
  • Link to Twitter
  • Link to Instagram
  • Link to Email Subscribe
Market Realist Logo
Do Not Sell My Personal Information

© Copyright 2021 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.