The S&P 500 inched higher on Monday as investors balanced caution over new spikes in coronavirus infections with expectations that an economy crippled by mandated shutdowns will soon be re-opened for business.
It’s good to see businesses emerge from the worst of the COVID-19 …read more […]
Fundstrat Global Advisors Managing Partner & Head of Research Tom Lee joins Yahoo Finance’s Zack Guzman to break down the latest market action, and discuss what Bitcoin’s third halving could mean for investors. …read more […]
The S&P 500 ticked higher on Monday as gains in healthcare and technology stocks countered losses in financials, while investors kept an eye on new coronavirus cases as several countries ease lockdowns.
Tesla CEO Elon Musk announced on Twitter that he plans to sue California’s Alameda Country over a disagreement about the company’s factory reopening. Yahoo Finance’s Rick Newman joins the On The Move panel to weigh in on Tesla potentially moving its headquarters and future operations during the virus pandemic. …read more […]
Today, we’ll introduce the concept of the P/E ratio for those who are learning about investing. We’ll apply a basic… …read more […]
California should do whatever is necessary to help electric carmaker Tesla Inc reopen its only U.S. vehicle factory, U.S. Treasury Secretary Steven Mnuchin said on Monday.
(Bloomberg) — Chesapeake Energy Corp. discarded its full-year outlook, wrote down the value of $8.5 billion in assets and revived concerns one of the biggest U.S. natural gas suppliers is on the verge of financial collapse.The Oklahoma City driller hired strategic advisers and may seek Chapter 11 bankruptcy protection as Covid-19 lockdowns slashed energy demand and triggered a record quarterly loss, the company said Monday in a federal filing.Once a contender for the title of biggest American gas producer, the shale driller co-founded by the late Aubrey McClendon has been struggling for most of the past decade under a staggering …read more […]
Economies around the world are on life support, but Marriott executives see initial signs the worst from coronavirus may be in the rearview mirror. A quarter of Marriott’s hotels around the world are temporarily closed due to depleted occupancy and limited revenue per room in the coronavirus era not justifying continued operations. The hotel giant’s […] …read more […]
Britain’s smaller companies could be saddled with up to 105 billion pounds ($129 billion) in “unsustainable” debt by March next year that will need recapitalising, a financial services body told the Bank of England on Monday.
Wizz Air needs more details on British plans to quarantine travellers before it can assess their impact after seeing strong demand for the routes it has started operating during the coronavirus crisis, its chief executive told Reuters.
Private equity investor KKR said on Monday it had acquired a stake of 5.2% in German broadcaster ProSiebenSat.1 Media , returning as an investor in the company it had backed from 2006 to 2014.
AMC Entertainment shares skyrocket on reports that Amazon will buyout the movie theater chain. Yahoo Finance’s Dan Roberts weighs in. …read more […]
A jump in coronavirus cases in South Korea and Germany rattled investors and sent global equities markets lower on Monday, while safe-haven assets, including the dollar and U.S. Treasuries, edged higher.
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