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Since 2019, the healthcare sector has been bracing for the wild ride that would be the election year. However, according to some Street pros, 2021 is looking a lot like 2009, and this could actually be a good thing for the space.“[We] think 2021 will play out very similarly to 2009 for the health care sector. If in fact the political prediction markets are correct and Democrats seize control of the presidency and the U.S. Senate, the rhetoric on changes to health care policy exceeds the reality of what can be accomplished," UBS healthcare strategist Eric Potoker noted.Potoker points out that the 2009 passage of the Affordable Care Act (ACA) had a muted effect on the industry, with demand for products and services rising due to expanded health coverage. Healthcare stocks reaped the benefits of this between 2009 and 2015, and the space outperformed the rest of the market.To this end,...
Expect the “biggest digital holiday season ever.” Also expect a lot of frustration from holiday customers, as deliveries get delayed....
The much-hyped Nikola Badger electric pickup looks like an endangered species. It is absent from the electric truck startup's road map of milestones, and a delayed manufacturing deal with General Motors Company (NYSE: GM) points to its demise before a physical prototype is ever revealed.The Badger was not in Nikola Corp. (NASDAQ: NKLA) business plan a year ago. And it isn't there now. Founder Trevor Milton used it as a buzz-building tool for the company following the reveal of rival Tesla Inc. (NASDAQ: TSLA) Cybertruck, a polarizing design that the electric truck leader plans to build at a new plant in Austin, Texas."A lot of people didn't like the look of the Cybertruck, including me," Nikola CEO Mark Russell said on the company's earnings call on Aug. 4. "I think it looks like a doorstop. But they got lots of reservations for it. So Trevor just released the concept that we...
The US Labor Department will release the September jobs report Friday morning at 8:30 a.m. ET....
Energy Fuels is a leading U. producer of uranium and vanadium and expects to soon enter the rare earth elements processing businessLAKEWOOD, Colo....
Former coal CEO Robert E. Murray, who has fought federal regulations on the industry, has filed an application with the U.S. Department of Labor for black lung benefits, according to a published report. West Virginia Public Broadcasting and Ohio Valley ReSource report the former head of Murray Energy said on the form that he is still board chairman of the company but can no longer serve as president and CEO due to his health....
The investment case for retail giant Walmart Inc (NYSE: WMT) appears to have improved this amid two under-reported catalysts.Walmart+ Trends: Piplsay surveyed 20,179 Americans aged 18 years and older and found 11% of respondents subscribed to Walmart's subscription platform called Walmart+ within two weeks of its launch.Respondents were most excited about the unlimited free delivery (orders over $35) feature of Walmart+, followed by same-day and one-hour delivery windows. The least exciting feature was the pricing structure at $98 a year versus Amazon.com, Inc.'s (NASDAQ: AMZN) similar offering at $119.Related Link: Amazon Vs. Target Vs. Walmart: Let The Sales Battle BeginStores Built For The Future: Walmart's years of researching and testing how to create a compelling omni-shopping experience has come to an end, Walmart said.The end result is a "sleek" store design, a product layout that spotlights products and end-to-end digital navigation that helps customers throughout the shopping journey. When customers enter...
