Snap (SNAP) Sells Off Though Support After Mixed Quarter
Snap Inc. (SNAP) stock is trading lower by nearly 7% on Wednesday morning after the company reported a second quarter 2020 loss of $0.09 per share, beating consensus estimates by … Read More
Category: Economy
Feds order 100 million doses of Pfizer’s COVID-19 vaccine for $2 billion
The feds placed a $2 billion order for 100 million doses of Pfizer’s potential coronavirus vaccine under the Trump administration’s push to have a shot ready by next year. Americans … Read More
Walmart announces it will close all stores for Thanksgiving Day
Walmart said it will close all of its stores on Thanksgiving Day — a big pivot from its usual practice of kicking off Black Friday doorbuster sales during the storied … Read More
Tesla Earnings: What to Look For
Key Takeaways Analysts estimate adjusted EPS of -$0.07 vs. -$1.12 in Q2 2019 Vehicle deliveries fell YOY. Analysts expect a GAAP EPS loss due to COVID-19, threatening Tesla's inclusion in … Read More
Halliburton Extends Breakout After Favorable Analyst Comments
Halliburton Company (HAL) shares rose more than 8% during Tuesday's session after two analysts upgraded the stock following its better-than-expected second quarter financial results. Bank of America upgraded Halliburton stock … Read More
Bayer Roundup settlement reduced by California state appeals court
Ken Feinberg on Bayer Roundup settlement: There won’t be any further trials Court Mediator for Bayer settlement talks Ken Feinberg discusses the $10B settlement for Roundup cancer claims. A California … Read More
Firms with troubled pasts got millions in PPP small-business aid
PPP loan winners including Kanye West’s shoe company, Five Guys are ‘exceptions’: SBA administrator U.S. Small Business Administrator Jovita Carranza provides insight into the latest on the Paycheck Protection Program. … Read More
Twitter Earnings: What to Look For
Twitter Inc. (TWTR), the social media company, is grappling with two opposing trends as the COVID-19 pandemic forces millions of people globally to shelter at home, shutting down big parts … Read More
Delta Air Lines has 'real shot' at avoiding layoffs, furloughs: CEO
Delta CEO: Have a ‘real shot’ at no company furloughs by Oct. 1 Delta Air Lines CEO Ed Bastian on potential company furloughs, earnings, blocking middle seats and the importance … Read More
US workers file 1.3 million jobless claims as coronavirus total tops 51 million
Some 1.3 million Americans applied for unemployment benefits last week as the coronavirus pandemic kept the US job market under pressure, new data show. That means workers have submitted more … Read More