Dow Jones is surging today with the news on Moderna vaccine being 94.5% effective. Dr. Fauci said a vaccine could be ready by end of Dec for high-risk categories. Joe Biden's advisors say they oppose a national lockdown and prefer a targeted measure.
Cruse, airlines and oil industries surged further with the new vaccine news.
Home Depot got into agreement to acquire HD Supply for $8 billion in cash.
AMC is on a verge of bankruptcy with theaters being massively hit by the pandemic and the era of theater-movie-watching evolving to Netflix and like. They reported $1 billion loss in the third quarter and started to offer another 20million shares in hope of extending the survival.
Shopify has strengthened its grounds once more by launching Fulfillment Network; an interesting rival to same day delivery system of Amazon.
Let me know what you think.
Keep smiling and stay charitable.
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