Stocks Drop With Stimulus on Hold as Banks Tumble: Markets Wrap

(Bloomberg) — Stocks fell on speculation that their recent rally has outpaced prospects for a quick end to the stalemate over fresh economic stimulus. Treasuries and the dollar climbed.



A pedestrian wearing a protective face mask is reflected in an electronic stock board outside a securities firm in Tokyo, Japan, on Thursday, Sept. 17, 2020. Japanese stocks were set for their fourth straight weekly gain, the longest winning streak since November, as investors moved back in following this week’s central bank rate decisions at home and in the U.S.


© Bloomberg
A pedestrian wearing a protective face mask is reflected in an electronic stock board outside a securities firm in Tokyo, Japan, on Thursday, Sept. 17, 2020. Japanese stocks were set for their fourth straight weekly gain, the longest winning streak since November, as investors moved back in following this week’s central bank rate decisions at home and in the U.S.

Banks led losses in the S&P 500, with JPMorgan Chase & Co. and Citigroup Inc. sinking even after better-than-expected earnings, as investors worried that the quarter signaled just a pause in pain from soured loans. Tech shares outperformed as Apple Inc. unveiled its iPhone 12 line with 5G speeds and Amazon.com Inc.’s Prime Day sale kicked off. Delta Air

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What Kind Of Shareholders Hold The Majority In Jianpu Technology Inc.’s (NYSE:JT) Shares?

If you want to know who really controls Jianpu Technology Inc. (NYSE:JT), then you’ll have to look at the makeup of its share registry. Generally speaking, as a company grows, institutions will increase their ownership. Conversely, insiders often decrease their ownership over time. I quite like to see at least a little bit of insider ownership. As Charlie Munger said ‘Show me the incentive and I will show you the outcome.

Jianpu Technology is a smaller company with a market capitalization of US$106m, so it may still be flying under the radar of many institutional investors. Our analysis of the ownership of the company, below, shows that institutional investors have bought into the company. We can zoom in on the different ownership groups, to learn more about Jianpu Technology.

Check out our latest analysis for Jianpu Technology

What Does The Institutional Ownership Tell Us About Jianpu Technology?

Many institutions measure

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Apple is about to hold ‘the most significant iPhone event in years’

On Tuesday, Apple is holding a launch event where it will reveal this year’s iPhone lineup. 



Tim Cook holding a kite while standing in front of a mountain


© Provided by NBC News


In most years, Apple announces its iPhones in September, and they go on sale shortly after that. This year is different. Apple instead released new Apple Watches last month and pushed the iPhone announcement to October. The delay is an outgrowth of the Covid-19 pandemic, which disrupted electronics manufacturing and forced most Apple employees to work from home. 

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Still, this year’s iPhone launch is significant. It is expected to include the first major exterior redesign since 2017, when Apple released the iPhone X with facial recognition. This year’s models will feature iPad-like edges with flatter sides, compared with the gently curving sides of the current iPhones. 

Apple is also expected to release four separate iPhones at different screen sizes and prices — a much wider range of

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Apple is about to hold ‘the most significant iPhone event in years’

  • On Tuesday, Apple is holding a launch event where it will reveal this year’s iPhone lineup. 
  • This year’s iPhone launch is a significant one. It could be the first major case redesign since 2018 and the expectation that Apple’s new iPhones will support 5G cellular networks have investors hoping for a big upgrade cycle.
  • “We expect this fall’s launch to be the most significant iPhone event in years,” Morgan Stanley analyst Katy Huberty wrote this week.



Tim Cook standing in front of a window: Tim Cook, CEO of Apple


© Provided by CNBC
Tim Cook, CEO of Apple

On Tuesday, Apple is holding a launch event where it will reveal this year’s iPhone lineup. 

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In most years, Apple announces its iPhones in September, and they go on sale shortly after that. This year is different. Apple instead released new Apple Watches last month and pushed the iPhone announcement to October. The delay is an outgrowth of the Covid-19 pandemic, which disrupted

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U.S. Judge to Hold Nov. 4 Hearing on Commerce Dept TikTok Ban | Top News

WASHINGTON (Reuters) – A U.S. judge said on Tuesday he would hold a Nov. 4 hearing on whether to allow the U.S. government to bar transactions with TikTok, a move that the Chinese-owned short video-sharing app has warned would effectively ban its use in the United States.

U.S. District Judge Carl Nichols in Washington issued a preliminary injunction on Sept. 27 that barred the U.S. Commerce Department from ordering Apple Inc and Alphabet Inc’s Google app stores to remove TikTok for download by new users.

Nichols must now decide whether to block the other aspects of the Commerce Department order set to take effect on Nov. 12. Nichols’ new hearing is scheduled for one day after the presidential election.

Talks are ongoing to finalize a preliminary deal for Walmart Inc and Oracle Corp to take stakes in a new company, TikTok Global, that would oversee U.S. operations. U.S. President Donald

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TikTok’s US ban is on hold. What comes next?

TikTok averted a ban in the United States last week when a federal judge ruled that Washington couldn’t block it from app stores just yet.



The logo of TikTok is seen on a smartphone screen in New York, the United States, Aug. 30, 2020.


© Chine Nouvelle/Sipa/Shutterstock
The logo of TikTok is seen on a smartphone screen in New York, the United States, Aug. 30, 2020.

The short-form video app is still accessible, but its fate in the country is far from certain.

The court ruling is only temporary, and could be appealed by the US government. The ruling could also eventually be thrown out: The judge only weighed in because TikTok challenged the ban, and the company could lose its court case.

To make things more confusing, TikTok’s court case isn’t the only thing governing the future of the app.

TikTok’s Chinese owner, ByteDance, is racing to close a deal with the American firms Oracle and Walmart that might be enough to satisfy the Trump administration’s concerns

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U.S. Disarray Has Emerging Markets Struggling to Hold the Line

(Bloomberg) — Whatever turbulence risk assets may suffer in coming days as a result of President Donald Trump’s sickness, emerging markets can celebrate a few plus points.



a vase of flowers on a table: A worker monitors flowers in crates as they move along a conveyor belt in the warehouse at the Multiflora (PTY) Ltd. Flower Market in Johannesburg, South Africa, on Tuesday, Aug. 25, 2020. South Africa's coronavirus epidemic is on a downward curve, with new infections, hospital admissions and the positivity rate all showing declines.


© Bloomberg
A worker monitors flowers in crates as they move along a conveyor belt in the warehouse at the Multiflora (PTY) Ltd. Flower Market in Johannesburg, South Africa, on Tuesday, Aug. 25, 2020. South Africa’s coronavirus epidemic is on a downward curve, with new infections, hospital admissions and the positivity rate all showing declines.

Staring down almost $16 trillion of negative-yielding debt worldwide, investors will continue to be drawn to the higher returns offered by emerging-market assets and the prospect of an economic recovery next year, analysts say. Developing-nation currencies are also benefiting from broad dollar weakness, with the U.S. currency still below its 200-day moving average. Trump’s diagnosis has also made it more likely Congress and the White House will reach

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Emerging Markets Look to Hold the Line as U.S. Disarray Mounts

(Bloomberg) — Put aside the inevitable hit that risk assets are taking as a result of President Donald Trump’s sickness. Emerging markets can celebrate a few plus points.



a vase of flowers on a table: A worker monitors flowers in crates as they move along a conveyor belt in the warehouse at the Multiflora (PTY) Ltd. Flower Market in Johannesburg, South Africa, on Tuesday, Aug. 25, 2020. South Africa's coronavirus epidemic is on a downward curve, with new infections, hospital admissions and the positivity rate all showing declines.


© Bloomberg
A worker monitors flowers in crates as they move along a conveyor belt in the warehouse at the Multiflora (PTY) Ltd. Flower Market in Johannesburg, South Africa, on Tuesday, Aug. 25, 2020. South Africa’s coronavirus epidemic is on a downward curve, with new infections, hospital admissions and the positivity rate all showing declines.

Staring down almost $16 trillion of negative-yielding debt worldwide, investors will continue to be drawn to the higher returns offered by emerging-market assets and the prospect of an economic recovery next year, analysts say. Developing-nation currencies are also benefiting from broad dollar weakness, with the U.S. currency still below its 200-day moving average. Trump’s diagnosis has also made it more likely Congress and the White House will

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What Kind Of Shareholders Hold The Majority In Luokung Technology Corp.’s (NASDAQ:LKCO) Shares?

A look at the shareholders of Luokung Technology Corp. (NASDAQ:LKCO) can tell us which group is most powerful. Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. I generally like to see some degree of insider ownership, even if only a little. As Nassim Nicholas Taleb said, ‘Don’t tell me what you think, tell me what you have in your portfolio.

With a market capitalization of US$110m, Luokung Technology is a small cap stock, so it might not be well known by many institutional investors. In the chart below, we can see that institutions are not really that prevalent on the share registry. We can zoom in on the different ownership groups, to learn more about Luokung Technology.

Check out our latest analysis for Luokung Technology

What Does The Institutional Ownership Tell Us About Luokung Technology?

Institutions typically measure themselves against a

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Hold Nothing Back: Eukanuba Launches Premium Performance – A New Breed of Performance Fuel for Sporting and Working Dogs

ST. CHARLES, Mo., Sept. 28, 2020 /PRNewswire/ — For more than half a century, Eukanuba™ has been a champion of sporting and working dogs. Founder Paul Iams focused on performance nutrition with the first dog food made from high-quality animal proteins. After decades of innovation in science-backed nutrition for canine athletes, Eukanuba is introducing Premium Performance, an all-new line of performance products tailored to duration and intensity of activity.

“It’s impossible to quantify the depth of science and technology that goes into the Eukanuba Premium Performance line.  Athletic dogs are truly remarkable and we continue to define ways Eukanuba nutrition can help unleash their innate abilities not just as athletes, but also as working partners.  There is a misconception that performance nutrition is all about protein and fat.  It’s much more than that.  The Eukanuba Premium Performance line is formulated to fuel different activity levels, support post-exercise recovery and

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