Amazon.com Inc has been in contact with the CEOs of two coronavirus test makers as it considers how to screen its staff and reduce the risk of infection at its warehouses, according to internal meeting notes seen by Reuters.
Who’s watching over the U.S. government’s largest bailout in history – the $2.3 trillion in fiscal stimulus to fight the economic impact of the coronavirus?
Fannie Mae and Freddie Mac have taken several big steps to help homeowners stay in their homes despite the coronavirus-related job losses. However, those measures complicate the government-sponsored enterprises’ process of getting out of conservatorship and recapitalizing. So how will the coronavirus affect Fannie Mae’s and Freddie Mac’s progress toward release, and will they survive […] …read more […]
Summary My top idea is Microsoft Corporation (NASDAQ:MSFT) stock Market capitalization is over 1 trillion US dollars Rating: AAA (S&P and Moody’s) Competitors: Apple and Amazon Reasons why MSFT will outplay its competitors and emerge as one of the best investments Strong Fundamentals In 2019, Microsoft Corporation’s stock rose by almost 30% with impressive earnings. […] …read more […]
Mexican President Andres Manuel Lopez Obrador on Saturday called on Russia and Saudi Arabia to reach a deal soon and end their oil price war to avoid deepening the oil price crisis.
Mexican President Andres Manuel Lopez Obrador on Saturday called on Russia and Saudi Arabia to reach a deal soon and end their oil price war to avoid deepening the oil price crisis. Mexico and others have seen the prices for their crude exports battered in recent weeks after the fallout from the new coronavirus eroded demand and major oil producers could not agree on how to respond. “How can Russia and Saudi Arabia not come to an agreement in order to stop oil price declines that are further deepening the crisis?” Lopez Obrador asked. …read more […]
Nevada is likely to be hit the hardest by the coronavirus outbreak, according to research compiled by Moody’s Analytics. …read more […]
One of the few stocks that has benefited from the coronavirus pandemic is Zoom, although the stock is now under pressure due to privacy concerns. Zoom stock was up more than 100% this year because of its surge in popularity due to the worldwide quarantine and lockdowns. The shares climbed while most of the rest […] …read more […]
U.S. President Donald Trump said on Saturday he would ask Congress for more money to make loans to small businesses struggling with the economic fallout from the coronavirus outbreak if the original $349 billion allocated in a fiscal stimulus bill runs out.
OPEC and Russia have postponed a meeting due on Monday to discuss oil output cuts until April 9, OPEC sources said on Saturday, as a row between Moscow and Saudi Arabia over who is to blame for plunging crude prices intensified.
(Bloomberg) — More than 60,000 people have died globally from Covid-19 and the number of fatalities in the U.K. climbed to more than 4,300. Spain is planning to extend its state of emergency after the number of coronavirus cases surpassed those in Italy.In the U.S., fatalities rose to more than 7,000, and the Centers for Disease Control and Prevention recommended that Americans wear cloth masks to prevent the virus’s spread. At least a half-dozen ships are still at sea with passengers and crew on board as cruise lines navigate long trips back home and struggle to find ports willing to …read more […]
At-home entertainment is seeing a dramatic surge amid the coronavirus pandemic, with streaming platforms like Disney+ (DIS) and Netflix (NFLX) benefitting. …read more […]
Luckin Coffee (NASDAQ:LK) stock tanked more than 80% (and is down 66% at the time of this writing) after the company revealed an investigation that essentially proved what Muddy Waters alleged months ago. Luckin Coffee admitted to inflating its sales numbers after an internal investigation. Luckin Coffee reveals investigation In a press release filed with […] …read more […]
The coronavirus outbreak, or COVID-19, is pushing the U.S. economy further into historic territory. …read more […]
Some stocks are best avoided. We really hate to see fellow investors lose their hard-earned money. For example, we… …read more […]
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