As airlines rise on positive coronavirus vaccine news, one stock in the sector looks like a winning bet now. Here’s why.
Read MorePlus, Joe Biden is the projected winner of the U.S. presidential election, airline and movie theater stocks are soaring while stay-at-home stocks are sinking, and McDonald’s delivered an earnings beat.
Read MorePlus, weekly jobless claims fell to their lowest level since March, Moderna has officially enrolled 30,000 participants in its late-stage COVID-19 vaccine trial, and Tesla delivered an earnings beat.
Read MorePlus, Delta reported a $5.4 billion loss, AMC said it could run out of money by early 2021 as movie theaters continue struggle amid the ongoing coronavirus, and Disney announced a reorganization to focus its media and entertainment business on streaming.
Read MorePlus, Trump is back at the White House, House Speaker Pelosi and Treasury Secretary Mnuchin will resume stimulus negotiations today, and Apple announced a new product launch event for October 13 where it is expected to unveil new iPhone models.
Read MorePlus, several blue-chip companies announced tens of thousands of job cuts, Moderna and Regeneron are up on positive coronavirus drug news, and two software companies went public through direct listings this morning.
Read MorePlus, President Trump refused to commit to a peaceful transition of power should he lose the November election, last week’s initial jobless claims were higher than expected, and United Airlines is about to start offering rapid coronavirus tests to some fliers to Hawaii.
Read MoreSometimes market, economic, and other forces work on a global scale to turn against an industry in such a way that even long-term forecasts remain uncertain. The Aerospace industry is a good example of what I mean; the global spread of COVID-19, which as of this morning has now taken more than 900,000 lives brought […]
Read MorePlus, Nvidia is buying Arm Holdings in the biggest deal in the semiconductor industry ever, Gilead said it’s continuing to study new ways to use its remdesivir treatment for the coronavirus, and Delta said it is borrowing $6.5 billion backed by its frequent-flyer program.
Read MoreThese 5 stocks should deliver gains no matter what the rest of the market does.
Read MorePlus, the FDA Commissioner is walking back comments on the benefits of convalescent plasma, American Airlines announced it is laying 19,000 workers, and Best Buy shares are down even after reporting a great quarter.
Read MorePlus, the FDA issued emergency use authorization of convalescent plasma to treat hospitalized coronavirus patients, TikTok is suing the U.S. government, and another electric vehicle startup is going public.
Read MoreOver the last several months, the Aerospace industry, which includes commercial airlines has been one of the biggest, unquestioned losers in the stock market. Yes, the biggest portion of that drop comes from the reality that the industry took some of the biggest drawdowns in the market starting in February as commercial travel dried up […]
Read MorePlus, coronavirus cases in the U.S. rose to 4 million, Senate Republicans have come to agreement with the White House on how to proceed with a new coronavirus relief bill, Tesla smashed earnings estimates, and another retailer declared bankruptcy.
Read MorePlus, the U.S. ordered China to close its consulate in Houston, Nike announced a leadership shake-up, Slack filed a complaint against Microsoft with the European Commission, and United Airlines reported earnings.
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