NewsWatch: Zoom made as much money in three months as it did in all of 2019; stock jumps toward a new record

This post was originally published on this site

MARKETWATCH FRONT PAGE

Zoom Video Communications Inc. made as much money in May, June and July as it did in all of 2019, beating even the outsize expectations of Wall Street and sending its stock to a new record high. See full story.

Bill Ackman on saving capitalism: Every child in the U.S. could be given enough money at birth to become millionaires by retirement

The Pershing Square chairman told investors in a recent note that, to preserve capitalism, steps need to be taken to close the inequality gap. One possible measure: investment accounts for every child. See full story.

Here are the big winners among U.S. stocks during a sizzling August

This has been the best month since the April bounce-back, as tech stocks have extended gains. See full story.

‘A man cave on wheels’: My husband’s RV is his pride and joy — but he owes $75,000 on it. If he dies, am I liable?

‘My concern is that, if something happens to him, I will end up with a lien on my home.’ See full story.

Trump re-election momentum could shock stock-market investors betting on Biden win, quantitative analyst says

The odds are starting to shape up for a potential second-term for Presidential Donald Trump in the race for the White House against Democrat Joe Biden, says Marko Kolanovic, quantitative strategist at J.P. Morgan Chase, in a Monday research note. See full story.

MARKETWATCH PERSONAL FINANCE

An executive order by President Donald Trump calls for distributing an additional $300 in weekly unemployment benefits from a $44 billion fund set aside for disaster relief. See full story.

Add Comment