Earnings & Movers
S&P 500 Earnings Updata (as of 07/23/2020)
"The U.S. dollar is looking shaky. Barring some sort of currency meltdown, a weak dollar should be a positive for equities, though foreign stocks will likely benefit more, analysts said."
"Wall Street discovered hydrogen this year. It has been around for 13 billion years, but the big bucks earmarked for green-energy projects, and a fresh craze for shares of companies aiming to make hydrogen-fueled trucks, have raised the investment profile of all things connected to this ubiquitous gas."
"DraftKings (ticker: DKNG), which went public through a merger with a special purpose acquisition company in April, and Fan Duel, majority owned by U.K.'s Flutter Entertainment (PDYPY), are the two leaders in the New Jersey online sports betting market."
"A number of property-and-casualty insurers have noted the frequency of many types of claims, like auto accidents or workplace injuries, are sharply declining amid lockdowns across the country. This is emerging as a substantial offset to the insurance losses caused by Covid-19."