Newsworthy by M.Y. 1/15/21

96 mile long – yes ninety six miles! – Trump car rally, Arizona (10/28/2020). Sam Senev

-GameStop director sells 810,000 shares

-JP Morgan cash is now sitting at $1.3 trillion

-JP Morgan reports $12.1 billion profits

-JP Morgan assets under management has increased to $3 trillion

-BofA maintains GameStop price objective at $1.6 a share. Currently trades at $40 per share

-Tesla Inc.’s stock could touch $1,250 in a bull-case scenario as consumer demand for greener cars surges in China, Wedbush analyst Dan Ives wrote in a Jan. 14 note.

-Tiktok to outlast Trump administration. Opinion: Social media companies have more power than any duly elected government officials

-opinion: Covid hospitalizations in US on decline despite media thrives reporting variant strain to incite panic

-The National Rifle Association of America filed for Chapter 11 bankruptcy on Friday with plans to regroup in Texas. Opinion: NRA to say goodbye to the failed state of New York.

-Exxon Mobil Corp. slumped after a newspaper report said the company is being investigated by the U.S. Securities and Exchange Commission for allegedly overvaluing a key asset in the Permian Basin.

-Trump Plans to Live at Mar-a-Lago. Neighbors don’t want him as permanent neighbor says Jennifer Jacobs and Saleha Mohsin of Bloomberg

-Johnson & Johnson is likely to apply for EU approval for its COVID-19 vaccine candidate in February

-The Philippine government will be expanding its travel ban in response to the potentially more infectious coronavirus variant to include the United Arab Emirates and Hungary

-Dating app Bumble S1 Prospectus link (https://www.sec.gov/Archives/edgar/data/1830043/000119312521009745/d20761ds1.htm#toc)

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