Despite shedding a whopping 20.5 million payrolls and unemployment soaring to 14.7% in April, one economist points to what could be “a silver lining” within the dismal US jobs report. …read more […]
Roku posted a strong first-quarter earning report after the bell on Thursday. Yahoo Finance’s On The Move panel share the details. …read more […]
Hackers linked to Iran have targeted staff at U.S. drugmaker Gilead Sciences Inc in recent weeks, according to publicly-available web archives reviewed by Reuters and three cybersecurity researchers, as the company races to deploy a treatment for the COVID-19 virus.
Hackers linked to Iran have targeted staff at U.S. drugmaker Gilead Sciences Inc in recent weeks, according to publicly-available web archives reviewed by Reuters and three cybersecurity researchers, as the company races to deploy a treatment for the COVID-19 virus. In one case, a fake email login page designed to steal passwords was sent in April to a top Gilead executive involved in legal and corporate affairs, according to an archived version on a website used to scan for malicious web addresses. Ohad Zaidenberg, lead intelligence researcher at Israeli cybersecurity firm ClearSky, who closely tracks Iranian hacking activity …read more […]
Above: A Hydrogen Powered Truck from Nikola Corporation, Which Is Merging with VectoIQ Acquisition Corp. By John Jannarone Since the coronavirus crisis drove the market to multiyear lows, the flow of initial public offerings has ground to a veritable halt. That is, except, for special purpose acquisition companies, or SPACs. Some $2.7 billion has been […] …read more […]
Click here to read the full article. The coronavirus crisis has played to the strengths of tech companies: People are staying indoors, increasingly using the internet and streaming more video than ever.It’s clear that the tech giants are well positioned to make it through the crisis relatively intact. “Alphabet [Google’s parent], Facebook and Amazon will be just fine,” says Tal Chalozin, co-founder and chief technical officer of ad-tech company Innovid. The crisis stands to make the most powerful tech companies even stronger, as they have business models built for digital marketplaces and the cash reserves to withstand an economic downturn, …read more […]
After listening to the Tripadvisor and Booking Holdings first quarter earnings calls over the past few hours, it’s striking that despite the world-changing disruption of the coronavirus pandemic, how the CEOs of these two major travel businesses similarly argue that the underlying dynamics of the travel industry will largely remain intact when travel snaps back. […] …read more […]
The latest analyst coverage could presage a bad day for Host Hotels & Resorts, Inc. (NYSE:HST), with the analysts… …read more […]
Investors are still uncertain just where the stock market is headed. Essentially, there are two competing opinions right now. One says that we’re just in a bear market rally, and that the worst is yet to come. The other thesis states that the current rally is real, and will mature into a new bull cycle as the economy restarts in the second half.Writing from JPMorgan, Marko Kolanovic, the investment bank’s quant analyst, holds fast to that optimistic view. Kolanovic believes that epidemiological data suggests we are past the worst of the coronavirus spread, justifying the lifting of social and business …read more […]
Hiring across the US saw an unprecedented drop in April over the spread of COVID-19. Yahoo Finance’s Brian Cheung joins the On The Move panel to discuss. …read more […]
Amid the carnage of the U.S. employment report for April was one bright spot: superstores led by Walmart Inc , the world’s largest retailer, added more than 90,000 jobs.
A week packed with U.S. economic data is likely to provide investors with more evidence of the extent to which the coronavirus pandemic has hit growth, sharpening the debate on whether a rebound in stocks has been justified amid an unprecedented slowdown.
A week packed with U.S. economic data is likely to provide investors with more evidence of the extent to which the coronavirus pandemic has hit growth, sharpening the debate on whether a rebound in stocks has been justified amid an unprecedented slowdown.
Global share markets rallied on Friday, hitting weekly highs, and oil prices gained as more governments around the world began gradually reopening their economies and Sino-American trade tensions eased.
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