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IPhone Chipmaker TSMC Lifts 2020 Outlook Expecting Big 5G Boost – Yahoo Finance

(Bloomberg) — Taiwan Semiconductor Manufacturing Co. raised its 2020 revenue forecast for a second time this year, reflecting strong demand for 5G mobile…

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Election day is just around the corner, and Wall Street is placing its bet on a Democratic sweep. Following the Presidential debate on September 29, the chance of a Biden victory has been increasing in the market.Since September 30, the S&P 500 has moved 5.5% higher. That said, the rotation into cyclicals and small-caps has been much more pronounced, with the Russell 2000 surging 8.5% over the same period.Weighing in for Raymond James, strategist Tavis McCour argues the shift into cyclicals …

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Dow Jones Futures: Stock Market Rally Struggles As Coronavirus Cases Soar; Dexcom, Twilio Key Movers Late – Investor’s Business Daily

Dow Jones futures: The stock market rally sold off as coronavirus cases soar, raising the stakes for earnings reports. Dexcom was a surprise big mover late.

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Dow Jones futures edged higher late Monday, along with S&P 500 futures and Nasdaq futures. The stock market rally suffered heavy losses, amid soaring coronavirus cases and a big tech warning. The major indexes broke key support, at least intraday, and leading stocks suffered significant chart damage, but rallied somewhat into the news on stimulus deal news.
XTwilio (TWLO), Chegg (CHGG) and NXP Semiconductors (NXPI) reported earnings after the close. Dexcom (DXCM) reported revenue a day early, along…

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1,000 positions at Charles Schwab and TD Ameritrade being eliminated – KETV Omaha

These reductions are part of efforts to reduce overlapping or redundant roles across the two firms, officials said.

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Approximately 1,000 positions at Charles Schwab and TD Ameritrade are being eliminated, Charles Schwab officials said Monday.
“We have begun notifying individuals that their roles have been eliminated and they will be leaving the firm. This will result in a reduction of approximately 1,000 positions or about 3% of the combined workforce of Charles Schwab and TD Ameritrade,” Schwab Executive Council wrote in a statement.
Officials said that, after this week, no additional company-wide reductions…

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Milwaukee reverses order, issues new restrictions to limit virus spread – WISN Milwaukee

The city of Milwaukee on Monday reversed its coronavirus orders and put additional restrictions on gatherings, bars and restaurants, sports and other activities….

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MILWAUKEE —The city of Milwaukee on Monday reversed its coronavirus orders and put additional restrictions on gatherings, bars and restaurants, sports and other activities.
Continuing Coverage: Coronavirus in Wisconsin
Milwaukee County’s numbers of cases and testing are now in the red category for rising danger to the community.
As we evaluate the metrics the Milwaukee Health Department monitors, it is clear we have entered a more dangerous period of COVID-19 infections, Interim Health Commissioner…

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