Plus, coronavirus cases in the U.S. rose to 4 million, Senate Republicans have come to agreement with the White House on how to proceed with a new coronavirus relief bill, Tesla smashed earnings estimates, and another retailer declared bankruptcy.
Read MoreThe Consumer Discretionary sector includes stocks that cover a wide variety of the Retail industry. Because there are so many retail companies that offer different products to consumers, it’s hard to pinpoint any kind of specific niche. In the sporting goods niche, there were significant challenges even before COVID-19 became a global pandemic. Declining revenues […]
Read MorePlus, it’s looking unlikely Congress will pass another coronavirus relief bill before the end of July, IBM reported an earnings beat, eBay sold its classified ads unit, and Men’s Wearhouse-parent Tailored Brands is laying off 20% of its workforce and considering closing up to 500 stores.
Read MorePlus, AstraZeneca said its coronavirus vaccine developed with Oxford University showed a promising immune response in an early study, airline stocks are down after TSA said air travel is down for the first time since April, and Amazon is up after two bullish upgrades.
Read MorePlus, Goldman Sachs reported blow-out earnings results, Walmart announced it will now require shoppers to wear masks at all of its stores, Apple won an appeal against the European Commission, and Zoom Communications is getting into hardware.
Read MorePlus, Tesla shares are up amid speculation that the electric vehicle maker will soon join the S&P 500, chip maker Analog Devices is buying Maxim Integrated, RTW Retailwinds has declared bankruptcy, and PepsiCo reported earnings.
Read MorePlus, the U.S. reported another record jump in new coronavirus cases, Gilead released positive results from an analysis of its remdesivir treatment in patients severely ill with COVID-19, United reached an agreement with its pilots union, and a top Apple analyst issued a new prediction.
Read MorePlus, 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 MoreBuy Price: $3.60 or better Sell Price: TradersPro Sell Signal Edison Nation, Inc. operates as a consumer product research and development, manufacturing, sales, and fulfillment company in North America, the Asia Pacific, and Europe. The company manufactures and sells children’s sleep products under the Cloud b brand name through its e-commerce site, online retailers, specialty […]
Read MorePlus, Trump administration aides are reportedly looking at ways to undermine the Hong Kong dollar to punish China for its recent actions in the city, Walmart is getting into the health insurance business, and another retailer filed for bankruptcy.
Read MoreThis stock could see massive upside according to one expert trader.
Read MoreAs coronavirus cases surge higher, this analyst says one stock stands to benefit.
Read MorePlus, 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 MorePlus, new coronavirus cases hit a record again, Amazon is acquiring self-driving start-up Yoox, Microsoft is permanently closing its retail locations, and Virgin Galactic successfully completed an important test.
Read MoreWith people staying home as cases of the deadly virus continue to climb, stocks like these 5 are on the rise.
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