Market News
EU Nuclear Fears Drive Attempt To Shut Down Belarus Nuke Power Plant
Forbes - 28 Apr 2020 14:00
Belarus is building a nuclear power plant. One EU nation wants to stop them, citing safety and energy security concerns for a nation that is not even part of the Union. Here's why.
Facebook Isn't Zoom's Biggest Problem
Wall Street Journal - 28 Apr 2020 00:16
Facebook has a massive consumer audience, but that doesn't mean it will be a hit in the part of the videoconferencing business that Zoom cares most about.
No, The Economy Isn't Re-Opening Soon
Forbes - 28 Apr 2020 15:49
"America will be open for business very soon," said President Trump on March 23. Unfortunately, politicians can't order the economy open again because they didn't close it.
$5 Billion Flows Into Top Growth ETFs VUG, IWF and IWV
Forbes - 28 Apr 2020 01:43
While the S&P 500 has exhibited sharp volatility, investors have been plowing into Growth ETFs.
Alphabet stock rises more than 7% as ad slowdown turns out to be less than feared
CNBC - 28 Apr 2020 23:57
Alphabet's revenue growth slowed as coronavirus impacted business in the first quarter.
Ford projects adjusted pretax loss of $5 billion in the second quarter
CNBC - 28 Apr 2020 23:54
Wall Street is watching to see how much cash Ford burned in the quarter as well as any guidance for the second-quarter and beyond.
Starbucks shares fall after coffee chain warns US cafe closures to deal hefty blow to earnings
CNBC - 28 Apr 2020 23:54
Starbucks warned that its fiscal third-quarter results will take an even bigger hit from the pandemic, even as sales in China begin to recover.
Trump Suggests That Federal Bailouts For States Could Depend On Sanctuary City Policies
Forbes - 28 Apr 2020 23:08
State and local officials are pleading for more aid during the coronavirus crisis.
Google Parent Alphabet Beats Q1 Revenue Expectations Despite Coronavirus Downturn
Forbes - 28 Apr 2020 22:58
Alphabet beat revenue expectations in the first quarter, despite slowing ad sales during the coronavirus.
Putin Lengthens Lockdown As Russia's Coronavirus Cases Surpass China
Forbes - 28 Apr 2020 22:12
"We must prepare for a tough road ahead," the Russian president said.
Coronavirus Has Brazil In Terrible Shape As Wall Street Sours
Forbes - 28 Apr 2020 21:48
Trump: ban flights! Petrobras and Brazil banks make broad-based investing there a money loser.
Potbelly, Shake Shack, The Lakers: Here Are All The Companies Returning PPP Money After Public Backlash
Forbes - 28 Apr 2020 21:08
All in, more than $250 million in Paycheck Protection Program loans will be returned.
Technical Trouble Ahead For Struggling Pot Stock
Forbes - 28 Apr 2020 21:03
A bearish technical signal is flashing for Tilray (TLRY) stock
Apple Earnings On Tap After Company Took A Big Hit From The Virus, In China And U.S.
Forbes - 28 Apr 2020 20:19
Like most companies this earnings season, it will hardly be news if Apple (AAPL) reports earnings this week that its quarter was a rough and tumble one.
Will Your College Open This Fall?
Forbes - 28 Apr 2020 20:09
Testing. Remote classes. Masks.
Tesla Reports Earnings After Shutting Factories In China, California
Forbes - 28 Apr 2020 20:03
After two positive quarters in a row, will the third time also be a charm for Tesla (TSLA)? As a whole, analysts see that as unlikely, as the consensus estimate is for the company to post a loss of $0.36 per share when i...
Money Is Still Pouring Out Of Emerging Markets, Except For China
Forbes - 28 Apr 2020 19:33
The good news is, there is flea market pricing of core assets outside of the U.S., at or near historic lows, Allianz says.
30% Downside For Caterpillar Stock?
Forbes - 28 Apr 2020 12:30
Despite a 21% decline in Caterpillar's stock since the beginning of the year, at the current price of around $114, Caterpillar's stock could see a significant downside, due to the impact of the coronavirus and oil price ...
HSBC's Loan Losses Hint at Tougher Times for Banks
Wall Street Journal - 28 Apr 2020 18:19
HSBC's Asian focus gives it a slight lead over its European and U.S. peers in understanding the impact of coronavirus shutdowns. Its first-quarter numbers stand as a warning.
Is It Really an Excellent Time to Buy a Home?
Wall Street Journal - 28 Apr 2020 18:02
Spooked by the Covid-19 pandemic, the lowest share of Americans in decades thinks this is the time to buy residential real estate.
A Chinese Bank's Billion-Dollar Oil Slick
Wall Street Journal - 28 Apr 2020 17:55
Big losses on an oil-backed Chinese investment product once again show how financial complexity, moral hazard and yield-starved Chinese retail investors make for a volatile mix.
Oil Market Crash May Trigger 30,000 North Sea Jobs Losses
Forbes - 28 Apr 2020 17:09
Leading U.K. oil and gas industry lobby group says thousands of offshore jobs could be lost in the wake of the coronavirus pandemic and the slump in oil prices.