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Oppenheimer: These 3 Stocks Could Spike Over 80%

Wall Street’s best firms don’t just look at the stocks, they look at the big picture, too. And Oppenheimer’s chief investment strategist, John Stoltzfus, is particularly adept at showing us the macro view. In his first note of the new year, Stoltzfus notes a series of factors that are going to impact the markets. The big news, of course, the 800-pound gorilla that cannot be ignored, is the ongoing COVID epidemic. The disease is coming back strong now that we’re well into winter – which was somewhat expected, as it’s typical behavior for flu-like respiratory viruses. With the winter virus surge, we also must contend with a new round of lockdown policies, imposed from state or local levels. It’s hoped that the newly…

The Canadian Press

The Latest: 2 Chinese cities urge people to stay at home

BEIJING — Chinese authorities are asking residents in two cities south of Beijing to stay home for seven days as they try to stamp out a coronavirus outbreak in which more than 300 people have tested positive in the past week.According to official notices on social media, the cities of Shijiazhuang and Xingtai in Hebei province are restricting people to their communities and villages and have banned gatherings.Hebei reported 14 newly confirmed cases in the latest 24-hour period, bringing the total in the outbreak to 137. It has found 197 other people without symptoms who also tested positive. China does not include asymptomatic cases in its confirmed count.Beijing is requiring workers from Hebei to show proof…

BOSTON (AP) — One Twitter wag joked about lights flickering on and off at the White House being Donald Trump signaling to his followers in Morse code after Twitter and Facebook squelched the president for inciting rebellion.

Though deprived of his big online megaphones, Trump does have alternative options of much smaller reach. The far right-friendly Parler may be the leading candidate, though Google and Apple have both removed it from their app stores and Amazon decided to boot it off its web hosting service. That could knock it offline for a week, Parler’s CEO said.

Trump may launch his own platform. But that won’t happen overnight, and free speech experts anticipate growing pressure on all social media platforms to curb incendiary speech as Americans take stock of Wednesday’s…

A group of Amazon employees is demanding the company sever its relationship with social networking site Parler and stop providing web hosting services to the platform. Amazon Employees for Climate Change and Justice tweeted Saturday that Amazon Web Services, the company’s internet infrastructure service that is the backbone of many websites and apps, should “deny Parler services until it removes posts inciting violence, including at the Presidential inauguration.”

Parler has become popular among supporters of President Trump, as platforms like Twitter and Facebook tightened their moderation policies. The group of Amazon employees includes many higher-skilled workers at the company, including data scientists and software developers. It’s not the first time the group has…

Kaye rejects arguments by U.S. conservatives including the president’s former U.N. ambassador, Nikki Haley, that the Trump ban savaged the First Amendment, which prohibits the government from restricting free expression. “Silencing people, not to mention the President of the US, is what happens in China not our country,” Haley tweeted.