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Microsoft’s acquisition of Activision Blizzard could impact the gaming industry and raise monopoly concerns.
OpenAI, a private artificial intelligence research company, founded by Elon Musk valued at $29 Billion.
FOMC decided to raise the target range for the federal funds rate to 3/4 to 1 percent.
AMD reported 117% earnings growth and 71% revenue growth in the first quarter.
Uber’s delivery business surges to 135% year-to-year growth.
McDonald’s is expected to earn $1.93 per share
The US economy continues to show signs of strong recovery with third-quarter GDP growth at 33.1%.
The trading session next week will go through a choppy ride as investors are bracing for the US election result.
Apple, Amazon, Google, Gilead, ExxonMobil, Visa and more will announce earnings on Oct 26-30, 2020.
Tesla’s Earnings per Share and Free Cash Flow are up by 170%, 241%, respectively in Q3 2020.
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