(Bloomberg) — Commodities tumbled as China’s Covid outbreak worsened and a series of stunning street protests in cities across the nation threaten to derail economic activity and sap demand for energy, food and raw materials. Base metals dropped in early trading, with copper futures declining as much 2% in London before paring losses alongside Chinese […]
Read More(Bloomberg) — Expectations for DocuSign Inc.’s earnings are so low after a series of blowups at the one-time pandemic winner that some investors are wondering if it can get any worse. Shares of the company, which provides electronic-signature services used in real estate and other businesses, have plunged 65% this year, the second-worst performance in […]
Read More(Bloomberg) — The highly contagious omicron virus variant is disrupting already stressed food supply chains, sickening so many workers that more shortages at grocery stores are all but certain. Supermarkets have been struggling to keep food fully stocked throughout the pandemic as a result of labor shortfalls in every part of the food system, from […]
Read MoreThis stock with its subsidiaries, provides COVID-19 testing and genetic testing services to physicians with clinically actionable diagnostic information. Its technology platform integrates data comparison and suppression algorithms, adaptive learning software, and genetic diagnostics tools and integrated laboratory processes. FLGT $100.7700 9.4800 % 10.3800 Fulgent Genetics Inc Sector : Medical Industry : Medical Information Systems […]
Read MoreOMG, omicron! The new, fast-spreading B.1.1.529 strain of coronavirus declared a variant of concern by the World Health Organization roiled global markets on Black Friday, raising concerns about how the economy and Wall Street may perform in the coming week, following a selloff that wiped out November gains for the S&P 500 index WHO said that […]
Read MoreThe emergence of a new COVID variant spooked markets on Friday, forcing some Fed watchers to question if the Federal Reserve will change course on its plans to slow its monetary support to the U.S. economy. “Policy normalization already looked like it was going to be gradual but the developments that we see, the growth […]
Read More