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 MoreIt’s a bit interesting to me to see that while Healthcare stocks in general have performed well during the COVID-19 crisis, the gains don’t extend to every single stock in that sector. That’s isn’t altogether unusual; after all, no matter what direction the trend of a given sector may be, there are always outliers that […]
Read MorePlus, Trump threatened to permanently halt funding to the World Health Organization, major tech executives sent a letter to Congress urging another $1 trillion in relief for state and local governments, airlines are seeing bookings rise, and Pier 1 is seeking approval to wind down its business completely.
Read MorePlus, JCPenney is expected to file for bankruptcy today, the Trump administration moved to block chip shipments to Huawei, and the FDA issued a warning about Abbott Labs’ rapid COVID-19 test.
Read MorePlus, House Democrats unveiled their latest coronavirus relief bill, Sanofi said the U.S. will get its COVID-19 vaccine before the rest of the world if successful, JCPenney is talking with lenders ahead of an expected bankruptcy filing, and Tesla won its battle to start reopening its Fremont, CA plant.
Read MoreWhile much of the market has been crushed by the coronavirus pandemic, these 6 stocks have been climbing higher.
Read MoreThis stock could portend what’s to come for the world market.
Read MoreThe long-term bear is bullish on these 2 well-known stocks in a world of remote everything amid the coronavirus crisis.
Read MoreTrade Setup Buy Target $0.78 Sell Target $0.98 Castlight Health, Inc. provides health navigation solutions for employers and health plan customers in education, manufacturing, retail, technology, and government industries in the United States. It provides Care Guidance Navigator that enables users to make care decisions and navigate the employer-sponsored healthcare benefit programs
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, Tyson Foods said net income fell 15% last quarter due to the coronavirus, J.Crew became the first major retailer to file for bankruptcy amid the pandemic, and PG&E shares are up after an upgrade from UBS.
Read MoreIt’s “survival of the fittest” in the retail sector, and these 6 stocks fit the bill.
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 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 MorePlus, the House passed the $484 billion small business aid package, consumer confidence fell for the third straight month, and AT&T’s Stephenson is out as CEO.
Read More