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Moving deeper into a new earnings season, it is true that a number of the largest and most recognized names in the market have been posting better earnings results in the last quarter than expected. In many cases, companies have displayed an impressive ability to shift gears from traditional, office-based work arrangements to nearly complete […]Read More
Plus, jobless claims rose to 1.43 million last week, Johnson & Johnson said its coronavirus vaccine candidate protected moneys from the virus with a single shot, and big tech reports earnings after the bell.Read More
Plus, jobless claims came in above 1 million for the 16th straight week, the U.S. surpassed 3 million confirmed coronavirus cases, United Airlines warned 36,000 employees of possible furloughs, and Walgreens reported disappointing earnings.Read More
Plus, Goldman Sachs and Citi issued new forecasts for the market and economy, Regeneron is beginning a phase 3 trial of its coronavirus antibody cocktail, the FDA issued emergency use authorization for Becton Dickinson’s 15-minute coronavirus test, and Uber has officially agreed to acquire Postmates.Read More
Plus, the U.S. reported a record number of new confirmed coronavirus cases, the FAA and Boeing completed the test flights of the 737 Max, Tesla is up after saying it delivered 90,650 vehicles in the second quarter, and PG&E shares are up after the utility emerges from bankruptcy.Read More
Plus, ADP said private payrolls grew by 2.369 million in June, United Airlines said it is adding 25,000 flights next month, and Beyond Meat is rising after news its meatless burger patties will soon be available in grocery stores in China.Read More
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