Plus, Sorrento Therapeutics is partnering with New York’s Mount Sinai on developing a antibody cocktail to shield health care workers and other front-line workers from the coronavirus, Tesla is resuming production at its Fremont, CA plant, and Disney shares got a boost from tickets selling out within minutes for the reopening of its Shanghai Disneyland park.
Read MorePlus, stocks are higher on hopes for trade talks between the U.S. and China, weekly jobless claims came in at 3.17 million, luxury department store Neiman Marcus filed for Chapter 11, and Tesla has temporarily halted production at its Shanghai plant.
Read MorePlus, stocks were lower on fears that President Trump may reignite tensions with China, Amazon said that it expects to spend as much as it earns in the second quarter on COVID-related expenses, and Apple shares took a hit after the iPhone maker declined to give forecast for the first time in a decade.
Read MorePlus, the FDA is moving at “lightning speed” to review data on Gilead’s remdesivir treatment for COVID-19, Tesla CEO Musk decried stay-at-home orders in an expletive-filled earnings call rant, Macy’s plans to reopen all of its stores within the next six weeks, and American Airlines reported it lost more than $2.2 billion last quarter.
Read MorePlus, oil fell lower again, GM is suspending its dividend to shore up cash, Tesla is calling employees back to its Fremont, California plant ahead of schedule, and Starbucks shares are higher after the coffee giant struck a partnership with Sequoia Capital China to expand its operations in the world’s second largest economy.
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, 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.
Read MoreThe market rout is creating attractive buying opportunities for these 10 stocks.
Read MorePlus, Citi says gold could hit $1,700 per ounce in the next 6 – 12 months, Tesla shares topped $930, and one speculative space stock has seen its trading volume explode.
Read MorePlus, Tesla priced its secondary offering and issued a recall of its Model X SUVs in North America, and AstraZeneca posted plunging profits.
Read MoreTesla may be getting all the headlines, but this legacy automaker is the one to watch now.
Read MorePlus, MGM Resorts’ chairman and CEO steps down as the casino operator withdraws its financial forecast for 2020, and Pepsi and Incyte report earnings.
Read MorePlus, Tesla shares are taking a hit as its production in China is halted by the coronavirus, private payrolls soared by 291,000 in January, and Macy’s just released a new turnaround plan.
Read MorePlus, the coronavirus now has more than 20,000 confirmed cases globally, and Alphabet shares are lower after the Google parent reported lower-than-expected revenues.
Read MorePlus, there are now 8,200 confirmed cases of the Chinese coronavirus, Facebook reported a 51% rise in expenses, and GM said it’s bringing back the Hummer.
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