The current market “is like no other” in U.S. history and it’s fate—and that of the U.S. economy—may depend on what happens in the next 45 days. Here’s why.
Read MoreThis sector has been hit hard by the coronavirus shutdown, but 8 stocks in the space look like opportunities.
Read MorePlus, oil extended its rally, Target is seeing a doubling of online orders but warned that its expenses have gone up, Domino’s reported a 4.4% increase in sales, and Eli Lilly reported a 15% rise in revenues.
Read MoreThe market appears to finally be taking notice of the swan dive in oil prices. Lost in the frenzy and angst of COVID-19, shelter-in-place and stay-at-home orders, at least until now, was the price war between Russia and Saudi Arabia that began at the start of the year and saw West Texas Intermediate crude prices […]
Read MorePlus, lawmakers are nearing an agreement on additional funding for the small business aid program, Shake Shack said it will be returning the $10 million federal loan it’s set to receive to provide more needed funding to independent restaurants, and United Airlines said it recorded a $2.1 billion loss in Q1.
Read MorePlus, the Trump administration unveiled guidelines for states to consider when reopening, China reported its first contraction in GDP since it began reporting the quarterly figure, and Procter & Gamble reported earnings.
Read MoreThe investing veteran says the market may be in for “a double bottom” as earnings look grim and economic data becomes bleaker.
Read MorePlus, the program to provide emergency loans to small businesses amid the coronavirus crisis has run out of money, the Trump administration is expected to unveil its plan to reopen state economies, earnings season marched on with Morgan Stanley and Abbott Laboratories, and Mastercard got a downgrade.
Read MorePlus, negative bank earnings kept rolling in, coronavirus cases surpassed 2 million globally, Abbott Laboratories released a new COVID-19 antibodies test, and Apple released a new, budget-friendly iPhone.
Read MorePlus, earnings season began with JPMorgan, Wells Fargo, and Johnson & Johnson reporting, Roku shares are higher after the streaming device maker said it netted 3 million active accounts in the first quarter, and Tesla shares are up after an upgrade.
Read MorePlus, the Fed’s Kashkari said the U.S. could face 18 months of rolling shut downs due to the coronavirus, the WHO said there are currently 70 vaccines in development for the novel virus globally, Amazon said it is hiring another 75,000 workers as demand continues to surge, and Ford warned of a 15.7% drop in first quarter revenue.
Read MorePlus, the Trump Administration is reportedly launching a new coronavirus task force focused on the economic devastation caused by the pandemic, oil rose on reports Saudi Arabia and Russia have come to agreement on a massive production cut, and airline stocks are on the rise after Mnuchin said airlines could hear back on their applications for government aid by as soon as tomorrow.
Read MorePlus, the Trump Administration is reportedly launching a new coronavirus task force focused on the economic devastation caused by the pandemic, oil rose on reports Saudi Arabia and Russia have come to agreement on a massive production cut, and airline stocks are on the rise after Mnuchin said airlines could hear back on their applications for government aid by as soon as tomorrow.
Read MorePlus, expectations are low for an agreement at tomorrow’s OPEC+ meeting on an oil production cut, McDonald’s reported a 22% decline in same-store sales last month, and Zoom Technologies just got hit with a lawsuit over its privacy and security shortcomings.
Read MorePlus, oil is climbing again on reports that OPEC+ is meeting Monday to discuss production cuts, 3M said it is increasing production capacity for its masks for healthcare providers to 50 million per month, and Tesla delivered more vehicles than expected in the first quarter.
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