Nvidia released its first-quarter earnings report after hours on Thursday, beating on both top and bottom lines. The company said that coronavirus did impact both supply and demand but expects Q2 revenue to come in above estimates due to the demand for its computing chips. Yahoo Finance’s Myles Udland breaks down the company’s earnings report on The Final Round. …read more […]
President Donald Trump traveled on Thursday to the crucial U.S. election battleground state of Michigan to visit a Ford Motor Co plant amid hostility with its Democratic governor over how quickly to reopen its economy during the coronavirus pandemic, opting not to wear a protective face mask.
Negotiators in the U.S. Senate reached agreement on Thursday on legislation increasing the amount of time, to 16 weeks from the current eight-week deadline, for small businesses to use Paycheck Protection Program loans, according a Senate aide.
Wall Street ended lower on Thursday, a day after hitting two-month highs, on a fresh wave of China-U.S. tensions that raised doubts about the trade deal reached early this year between the world’s two largest economies.
Macy’s Inc said on Thursday it could rack up operating losses of up to $1.11 billion in the first quarter, as the department store operator was forced to shut stores due to lockdowns aimed at curbing the spread of the new coronavirus.
General Motors Co will restart its eight-speed transmission line at its plant in Silao in Mexico’s Guanajuato state on Thursday, according to a company message sent to workers.
The United States has secured almost a third of the first one billion doses planned for AstraZeneca’s experimental COVID-19 vaccine by pledging up to $1.2 billion, as world powers scramble for medicines to get their economies back to work.
Vanderbilt University School of Medicine,Professor of Medicine in the Division of Infectious Diseases Dr. William Schaffner joins Yahoo Finance’s Seana Smith to discuss why vaccines and drugs for coronavirus are receiving some pushback from Americans. …read more […]
Invesco Chief Global Market Strategist Kristina Hooper joins Yahoo Finance’s Brian Cheung and Seana Smith to break down Fed Chair Jerome Powell’s remarks as jobless claims rise amid COVID-19. …read more […]
A group of U.S. senators is urging Delta Air Lines Inc and JetBlue Airways Corp to immediately reverse their decisions to reduce employees’ hours, calling them contrary to the requirements of taxpayer-funded payroll assistance.
Global equities slid on Thursday on concerns about the long-term impact of the new coronavirus and renewed U.S.-China tensions, though oil markets ignored those worries and marched to a 2-1/2 month highs.
AstraZeneca has agreed to a $1 billion investment in Oxford University’s coronavirus vaccine and its production. This comes as a poll revealed that a quarter of Americans are not likely to even want to get a vaccination due to concerns about the negative effects it could have. Yahoo Finance’s Anjalee Khemlani joins The Final Round to break down the latest news about the coronavirus. …read more […]
Global benchmark Brent rose more than 1% on Thursday to its highest since March, supported by lower U.S. crude inventories, OPEC-led supply cuts and recovering demand as governments ease coronavirus restrictions on people’s movements.
The recent coronavirus crash led many investors to panic and pull their money out of the market.
But, as Alexander Green explains today, this is never a good idea. Market timing simply does not work.
Note From Senior Managing Editor Christina Grieves: Welcome to the freshly updated Liberty Through Wealth! We hope you enjoy our new streamlined look. As always, our top priority is to provide you with the most up-to-date market news and comprehensive wealth-building advice while delivering an excellent reader experience. Please don’t hesitate to contact us to let us know how we’re doing!
Although there has been plenty of volatility …read more […]
A group of U.S. senators is urging Delta Air Lines Inc and JetBlue Airways Corp to immediately reverse their decisions to reduce employees’ hours, saying that the moves are inconsistent with the requirements of taxpayer-funded payroll assistance.
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