Salesforce to acquire Slack in $27.7 billion deal, while results top Street estimates
By MarketWatch
MARKETWATCH FRONT PAGE (http://www.marketwatch.com)
Salesforce.com Inc. shares declined in the extended session Tuesday after the cloud-based customer relationship-management company said it would acquire Slack Technologies Inc. in a deal worth $27.7 billion and topped Wall Street estimates for the quarter. See full story (http://www.marketwatch.com/story/salesforce-to-acquire-slack-in-stock-and-cash-deal-while-results-top-street-estimates-11606857572).
S&P 500, Nasdaq clinch record closes on renewed hopes for fiscal aid package
U.S. stocks finished sharply higher, with equities getting off to a strong start in December. See full story (http://www.marketwatch.com/story/dow-futures-rise-over-300-points-as-stocks-look-to-build-on-historic-november-rally-11606825524).
He turned $5,000 into nearly half a million with the help of Tesla options -- now he's all in on just two stocks
It was a November to remember for a trader going by the name of osbetel in Reddit's stock-flipping "WallStreetBets" community, where outsized risk reigns and passive investing is left to the boomers. See full story (http://www.marketwatch.com/story/he-turned-5-000-into-nearly-half-a-million-with-the-help-of-tesla-options-now-hes-all-in-on-just-two-stocks-11606842686).
Why the 2020s could favor market-timers over buy-and-hold U.S. stock investors
International stocks, gold and bonds may be a better bet for the next decade. See full story (http://www.marketwatch.com/story/why-the-2020s-could-favor-market-timers-over-buy-and-hold-us-stock-investors-2020-12-01).
Joe Biden has a $335 billion child-care plan -- and Republican lawmakers could be on board with parts of it
One possible silver lining for the pandemic: growing bipartisan support for increasing access to affordable child care. See full story (http://www.marketwatch.com/story/joe-biden-has-a-335-billion-child-care-plan-and-republican-lawmakers-could-be-on-board-with-parts-of-it-11606849947).
MARKETWATCH PERSONAL FINANCE (http://www.marketwatch.com/personal-finance/)
The pandemic has canceled more than 50,000 blood drives, and NYC has just enough donor blood to last three days See full story (http://www.marketwatch.com/story/the-us-blood-supply-is-so-low-blood-banks-are-offering-donors-vip-jets-tickets-or-krispy-kreme-donuts-for-a-year-2020-12-01).
-MarketWatch; 415-439-6400; AskNewswires@dowjones.com
(END) Dow Jones Newswires
December 01, 2020 17:00 ET (22:00 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.