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Market News

Location American Market News for 30 April 2020

Stock Market Surge Isn't as Crazy as It Seems

Wall Street Journal - 30 Apr 2020 14:19
The disconnect between the stock market message of glad tidings to capitalists and the economy's slump into the worst performance since the Great Depression is unmissable. Are investors making a horrible mistake?
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Donuts Over Burgers: Why Dunkin' Brands Stock Looks More Attractive Than McDonald's McDonald's stock has declined by close to 12.6% since early February after the WHO declared the Coronavirus a global health emergency, while Dunkin' Brands stock has fared worse and lost 21.7% of its value. The lockdown ...
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Apple has continuously hosted one of the largest cash piles among U.S. companies, but is facing pressure from the Covid-19 pandemic.
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Some Amazon cloud customers, like Slack and Zoom, saw record usage in the first quarter as governments directed people to stay home, with coronavirus cases proliferating.
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Have We Hit Peak Coronavirus Unemployment Yet? We keep talking about peak infections and peak coronavirus deaths. What about peak unemployment?
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Amazon has faced significant backlash from workers and politicians who claim the company has not done enough to protect its employees from the virus.
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Apple's stores around the world, except in China and one location in Korea, are shuttered until further notice.
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Tesla's Automotive Sales Dropped By Over $1 Billion In Q1, But Another Revenue Stream Helped The Company Generate $354 Million Tesla's ability to produce zero-emissions vehicles at scale has allowed it unique regulatory (and financial) benefits.
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Russia's Prime Minister Tests Positive For The Coronavirus Mikhail Mishustin follows Boris Johnson to the hospital because of COVID-19.
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How To Interpret The S&P 500 Rally

Forbes - 30 Apr 2020 20:30
How To Interpret The S&P 500 Rally When 5 stocks make you ignore 495 others, that's an issue.
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Why Is The U.S. So Ridiculously Dependent On China? The end of the Cold War led to a break down of labor in the U.S. WIll it take a new one to bring it back?
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Absolute Return Funds: Delivering In A Downturn? Absolute return funds may not have delivered in the short-term, but it doesn't mean they don't have a role to play.
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How Can We Make Lasting Changes In Our Lives? We are most able to climb the ladder toward our goals if we tap into fresh sources of energy, one step at a time.
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Diamond Elite Members, Wait Here for Your Own Safety

Wall Street Journal - 30 Apr 2020 19:33
As part of a series of social-distancing measures, United Airlines is upending one of the key perks elite fliers enjoy, as the back of the plane boards first.
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What the ECB Did Thursday---and Why Investors Were Disappointed

Wall Street Journal - 30 Apr 2020 18:54
Banks led a decline in European stocks after the European Central Bank wheeled out a complex basket of measures to help navigate the region's economy through a protracted recession.
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Federal Small-Business Aid: Too Little Bang, Too Few Bucks

Wall Street Journal - 30 Apr 2020 18:22
With over 30 million jobs lost, the U.S. government's spending on maintaining small-business employment hasn't been efficient.
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For Food Giants, This Crisis Is an Opportunity

Wall Street Journal - 30 Apr 2020 18:02
The imperative for food-industry incumbents to invest in innovation and marketing to meet that challenge is unchanged.
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BlackRock Names Sandra Boss New Corporate Watchdog

Wall Street Journal - 30 Apr 2020 17:36
She joins the money manager as it has tried to build a brand as an arbiter of corporate behavior.
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The Stock Rally Is Real, Spectacular And Getting A Bit Excessive In the list of shocking market events of 2020, it's hard not to add the current stock market rally. It's not just a relief rebound - it's a heart-pumping ascent to the highest S&P 500 valuation of the past twenty years. ...
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ForgeRock And Okta Benefit From COVID-19 Driven Demand Surge In $16B Market COVID-19 driven work at home is helping two identity management market leaders to outgrow the industry. Okta stock is up at a 76% rate since its IPO and still rising. ForgeRock revenues are growing at 75%.
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Facebook, Google And The Rest Of Big Tech Have Too Much Influence? Hardly Amazon, Apple, Alphabet, Facebook, and Microsoft are far from perfect, but the reality is that they will only grow in stature in the months and years to come. And that could be a better outcome than many are willing to a...
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Solar And Wind Costs Continue To Fall As Power Becomes Cleaner Solar and wind power costs are still falling, making more and more fossil fuel generators around the world uncompetitive.
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