The US Department of Justice thinks 87% a market share is too much for Google alone. The market thinks it's ok.
APPLE: stereo on
Previously, Apple’s stores have been offering a line of audio accessories from other brands, such as Bose, Sonos, and Logitech. Now, you will see none of those – only Apple. Why? Apple is expanding into the niche of audio equipment and will sell products of its own. So far, there is only AirPods and AirPods Pro but looks like we are about to see some new items soon. That means – keeps some Apple shares in your portfolio as they may show some bullish moves.
Speaking of bulls – Apple has been a bit above the normal in August, so September saw it go back down into the channel. Now, the trajectory Apple follow seems to fall well into that channel, so $118-125 seems to be a fair estimation of where the stock will be aiming at in the midterm.
The focus of traders’ attention shifted from Brexit and the US stimulus to the coronavirus . The WHO claimed that Europe become the new Covid-19 epicenter.
Canada will publish the monthly GDP growth on October 30 at 14:30 MT time.
The European Central Bank publishes the monetary policy statement alongside with an update on the interest rate on October 29, at 14:45 MT time.