Trading Ideas
Netflix Q1 earnings preview: Netflix could see big bump in users amid coronavirus lockdowns
Netflix looks poised to gain millions more subscribers around the world due coronavirus lockdowns. …read more […]
Year: 2020
Trading Ideas
Oil drags down stocks amid increased coronavirus pessimism
Tocqueville Asset Management Portfolio Manager John Petrides joins Yahoo Finance’s Seana Smith to discuss the latest market volatility amid the coronavirus. …read more […]
Business News
Oil crashes, ends negative for the first time in history
U.S. crude oil futures turned negative on Monday for the first time in history, ending the day at a stunning minus $37.63 a barrel as traders sold heavily because of rapidly filling storage space at the key Cushing, Oklahoma, delivery point.
Trading Ideas
Business News
Wall Street drops as U.S. producers can’t give crude away
Wall Street fell sharply on Monday after U.S. crude futures turned negative for the first time in history, underscoring the chaos the coronavirus pandemic has unleashed on the global economy.
Business News
U.S. restaurants seek more aid, on track to lose $240 billion by end of 2020
U.S. restaurants asked Congress for more financial aid on Monday to help weather the coronavirus crisis ravaging the industry, saying they are on track to lose $240 billion by the end of 2020.
Business News
Instant View: Spot U.S. oil futures crash below zero with nowhere to store crude
Energy traders fled from the expiring May U.S. oil futures contract in a frenzy on Monday, sending the contract deep into negative territory for the first time in history, as barely any buyers are willing to take delivery of oil barrels because there is no place to put the crude.
Business News
With Congress feuding, a small business deal seems elusive
U.S. Democrats and Republicans in Congress feuded on Monday over who was responsible for delay even as they worked on details of a possible $450 billion-plus deal to provide more aid to small businesses and hospitals hurt by the coronavirus pandemic.
Trading Ideas
Investors are 'anxious' but 'aggressive' about opportunities: Investopedia editor-in-chief
Investors are “anxious” about the markets, but “aggressive” about investment opportunities, Caleb Silver, editor-in-chief of Investopedia, told Yahoo Finance. …read more […]
Business News
Traders hightail it out of U.S. oil contract as prices reach negative $40
Traders fled from the expiring May U.S. oil futures contract in a frenzy on Monday, sending the contract into negative territory for the first time in history, as barely any buyers are willing to take delivery of oil barrels because there is no place to put the crude.
Business News
Wall Street drops as U.S. crude futures prices turn negative
Wall Street fell sharply on Monday after U.S. crude futures turned negative for the first time in history, underscoring the chaos the coronavirus pandemic has unleashed on the global economy.
Trading Ideas
Business News
Traders hightail it out of U.S. oil contract as it goes negative
Energy traders fled from the expiring May U.S. oil futures contract in a frenzy on Monday, sending the contract into negative territory for the first time in history, as barely any buyers are willing to take delivery of oil barrels because there is no place to put the crude.
Business News
U.S. crude futures turn negative for first time on scant storage, weak demand
U.S. crude oil futures turned negative on Monday for the first time in history as storage space was filling up, discouraging buyers as weak economic data from Germany and Japan cast doubt on when fuel consumption will recover.
Business News
Business groups welcome limited delays in U.S. tariffs, say more relief needed
U.S. retailers and other business groups on Monday welcomed a move by the Trump administration to allow importers to defer for three months any tariff payments they owe the government, but said they needed more tariff relief to deal with the pandemic.