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Plus, Tesla said it plans to sell up to $5 billion in new stock, Walmart said it will launch its Walmart+ subscription service on September 15, and Apple is expected to announced its new iPhones in October.Read More
Plus, Delta Air Lines said it is cutting in half the number of flights it had planned to add next month as the coronavirus continues to roil flight demand, 3M has teamed up with MIT to develop a rapid coronavirus antigen test, Google is reportedly in talks to make a $4 billion in Indian telecom Jio Platforms, and Ford unveiled its new line of Bronco SUVs.Read More
Plus, Moderna shares are down after a report throwing cold water on its preliminary vaccine results, doctors in China are seeing the coronavirus manifest differently in a second wave of infections, Google Cloud landed a new contract with the DoD, and Lowe’s reported online sales surged 80% in its first quarter.Read More
9 Stocks Goldman Sachs Says Are A Buy Now As The Economy Begins To ReopenRead More
Plus, U.S. GDP contracted 4.8% in the first quarter, Spotify saw a 31% increase in active premium subscribers to its music streaming platform in the first quarter, while Boeing is cutting its payroll costs by 10% amid an aviation market “frozen” by the coronavirus pandemic.Read More
Plus, oil prices rose on reports of an explosion at an oil tanker in Syria, Treasury Secretary Mnuchin said it’s “outrageous” that the Los Angeles Lakers and other large companies received aid meant for small businesses, Simon Property Group is preparing to reopen 49 of its mall properties nationwide, and its a busy day for earnings.Read More
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