Coronavirus Driving Demand in E-commerce and Augmented Reality NEW YORK and TORONTO, March 18, 2020 — NexTech AR Solutions (NexTech) (otcqb:NEXCF) (NTAR)(N29), the leader in augmented reality for e-commerce and AR learning applications, has been experiencing an […]
JPMorgan Chase & Co said on Wednesday that it committed $50 million to funds and community groups that are providing food, support and medical supplies for people in the United States, Europe and Asia affected by the cornavirus.
Wall Street analysts are awaiting guidance from corporations before adjusting earnings estimates. That guidance isn’t coming. …read more […]
Australia and Taiwan joined governments offering financial aid to airlines, while authorities in Europe rushed on Wednesday to agree steps to rescue carriers which have had to park planes and cut jobs as the coronavirus puts the brake on travel.
Wall Street’s main indexes slumped at the open on Wednesday as growing signs of coronavirus damage to corporate America overshadowed optimism about sweeping official moves to protect the economy.
Global stocks resumed a steep slide on Wednesday while bond markets rushed to price in the sheer scale of government support programs and handouts announced over the past 24 hours, all aimed at softening the economic shock of coronavirus.
Danish toymaker Lego said on Wednesday it would close all of its stores, except for those in China, until at least March 27 due to the spread of coronavirus.
Yahoo Finance’s Emily McCormick joins Brian Sozzi to discuss various sectors, such as Fedex’s earnings report, General Mills reporting its earnings and the housing sector’s fall. …read more […]
Boeing Co fell another 20% in premarket trading as the planemaker called for a $60 billion bailout for aerospace manufacturers facing the pain of an extended collapse in global travel. “We’re just in panic mode here,” said Peter Cardillo, chief market economist at Spartan Capital Securities in New York. Wall Street’s main indexes had bounced on Tuesday from a massive selloff a day earlier, as the Trump administration pressed for a $1 trillion stimulus package and the Federal Reserve relaunched a plan to purchase short-term corporate debt. …read more […]
NEW YORK/LONDON/SINGAPORE (Reuters) – Falling prices for crude oil are usually a good thing for global refiners – except when nobody is driving. Gasoline demand in the United States, the world’s largest oil consumer, is plunging. International flights are being grounded worldwide, slamming jet fuel demand. …read more […]
The coronavirus pandemic is sending the Dow and S&P; 500 spiraling lower. So what are some signs that the stock market plunge could end? …read more […]
Rolls-Royce motor cars said it would suspend production at its British plant for two weeks to ensure the health of its employees.
EasyJet launched an early sale on cut-price winter 2020-21 flights, even as the airline industry heads into a deepening coronavirus crisis that threatens to ground most of the British low-cost carrier’s planes.
Warren Buffett shares his thoughts about negative interest rates as Treasury yields slide to record lows. …read more […]
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