Trading Ideas
Year: 2020
Trading Ideas
Investment advisors worry U.S. response to coronavirus is too little too late
Investment-advisors are increasingly worried that U.S. authorities are not be doing enough to prevent a widespread outbreak of coronavirus in the country, potentially adding further downside to already-battered markets. …read more […]
Business News
Beyond Meat’s restaurant, grocery tie-ups more than triple quarterly sales
Beyond Meat Inc said on Thursday it expects full-year sales to grow as much as 71%, after reporting that deals with retailers and restaurants helped to more than triple fourth-quarter sales and substantially narrowed its loss.
Trading Ideas
Beyond Meat beats on Q4 earnings, founder says 'we would be crazy not to invest in growth right now'
Yahoo Finance talks with Beyond Meat founder and CEO Ethan Brown fresh off its latest earnings report. …read more […]
Business News
Wall Street tumbles again on virus fears, confirming correction
Wall Street’s main indexes plunged on Thursday in their sixth straight day of declines with the S&P 500 confirming its fastest correction in history as the rapid global spread of coronavirus intensified investor worries about economic growth.
Business News
Investment advisors worry U.S. response to coronavirus is too little too late
Investment-advisors are increasingly worried that U.S. authorities are not be doing enough to prevent a widespread outbreak of coronavirus in the country, potentially adding further downside to already-battered markets.
Business News
After Bloomberg memes, Facebook will publicly track political sponsored content
Facebook Inc will provide a way for people to track political sponsored content on Facebook and Instagram ahead of the U.S. presidential election, it said on Thursday.
Business News
Oil prices dive to lowest in over a year on coronavirus fears
Oil prices tumbled for a fifth day on Thursday to their lowest in more than a year, as further novel coronavirus cases outside China fanned fears that a pandemic could slow the global economy and erode demand for crude.
Business News
Financial firms discussing coronavirus contingency plans with regulators: official
U.S.-based banks and brokers are in discussions with federal regulators about allowing staff to work from home and other business continuity arrangements amid the spread of the coronavirus, the head of a top financial trade group said on Thursday.
Trading Ideas
Goldman Sachs says S&P 500 selloff may get worse
Near-term, Goldman Sachs expects the S&P selloff to get worse, writing that while the ‘buy the dip’ strategy has been successful since the Global Financial Crisis, it might be more risky this time around with equity drawdowns reversing quickly. The Final Round discusses.
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Business News
Amazon bars one million products for false coronavirus claims
Amazon.com Inc has barred more than 1 million products from sale in recent weeks that had inaccurately claimed to cure or defend against the coronavirus, the company told Reuters on Thursday.
Business News
Facebook says it will publicly track political sponsored content
Facebook Inc will provide a way for people to track political sponsored content on Facebook and Instagram ahead of the U.S. presidential election, it said on Thursday.
Business News
Wall Street on record correction pace as pandemic fears loom
Wall Street’s main indexes tumbled for the sixth straight session on Thursday with the S&P 500 on track for its fastest correction in history as the global spread of coronavirus intensified investor uncertainty about the economic impact.
Business News
Factbox: U.S. business forecasts earnings pressure as coronavirus spreads
As the coronavirus epidemic spreads in China and beyond, U.S. companies will see profits stagnate in 2020, according to a Goldman Sachs report.
Trading Ideas
Pfizer warns of hit to financial results on continued coronavirus outbreak
The outbreak could have an impact on the company’s manufacturing, supply chain and clinical trial operations, Pfizer said under the risk factors section of a regulatory filing. The outbreak that began in Wuhan at the end of last year has killed over 2,700 in China, with over 78,000 confirmed cases of infection, and has now spread to several other countries. Merck & Co on Wednesday said the outbreak has negatively affected some of its clinical trials and has seen a limited effect on its supply chain of drugs into and raw materials out of China. …read more […]