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Business

S&P 500 hits first record high since February after overcoming virus-driven bear market

https://markets.businessinsider.com/news/stocks/stock-market-sp500-hits-record-high-intraday-bear-market-recovery-2020-8-1029513252

The catastrophic US response to coronavirus is allowing China to stake its claim as the worlds dominant superpower, former Fed chair Greenspan says

https://markets.businessinsider.com/news/stocks/us-china-coronavirus-covid-19-failure-threatens-global-dominance-greenspan-2020-8-1029511571

Trumps power under CFIUS extends to non-US companies and old deals – Business Insider

http://www.businessinsider.com/cfius-power-review-acquisitions-china-companies-old-deals-trump-2020-8

Saudi Arabias $300 billion wealth fund ditched Facebook, Disney, and Boeing stocks, and poured billions into ETFs in the second quarter

https://markets.businessinsider.com/news/stocks/saudi-arabia-sovereign-wealth-fund-facebook-disney-boeing-buys-etf-2020-8-1029508471
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Hedge funds are reportedly shorting the dollar as fears rise over its status as the worlds number one currency

https://markets.businessinsider.com/news/stocks/us-dollar-price-hedge-funds-short-greenback-euro-surge-2020-8-1029508055

The US and China delayed a review of their Phase One trade deal so Beijing has time to buy more goodies from America

https://markets.businessinsider.com/news/stocks/us-china-trade-deal-review-delayed-allow-time-chinese-purchases-2020-8-1029508013

Lyft sinks 6% after reporting worst quarterly revenue since 2017

https://markets.businessinsider.com/news/stocks/lyft-q2-earnings-stock-price-revenue-rideshare-demand-weakens-pandemic-2020-8-1029502206

Legendary investor George Soros says the stock market is trapped in a Fed-fueled liquidity bubble

https://markets.businessinsider.com/news/stocks/stock-market-outlook-rally-federal-reserve-liquidity-bubble-george-soros-2020-8-1029501761
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Moderna surges 11% after Trump says US government reached deal for 100 million doses of its coronavirus vaccine (MRNA)

https://markets.businessinsider.com/news/stocks/moderna-surges-11-after-trump-says-us-government-reached-deal-for-100-million-doses-of-its-coronavirus-vaccine-mrna-1029496298

Salesforce cashed out its Zoom stake last quarter, potentially scoring a 600% return in 14 months

https://markets.businessinsider.com/news/stocks/salesforce-sold-zoom-stake-potential-600-percent-return-14-months-2020-8-1029495576

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