Monday, September 14, 2020

major M&A activity midst of corona ...

Oracle in negotiations to by Tiktok

NVIDIA buying Arm - giving huge competition to INTC

Gilead Sciences Inc. agreed to acquire Immunomedics

& PFE planning to deploy Covid vaccine before year end

outcome: major boost to market touching 3400 mid-day.

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fed left the rates unchanged

2 yr rates drop slightly to catch up further explained by the chief that market has moved ahead raising rates and not waiting for fed action...