Stock futures opened lower Tuesday evening, adding to earlier losses that sent each of the Dow and S&P 500 off more than 1% by the closing bell. …read more […]
(Bloomberg) — Stocks in Asia looked poised to track their U.S. peers lower after reports circulated that Moderna Inc.’s vaccine study, which was credited in part for Monday’s rally, didn’t produce enough critical data to assess its success. Treasuries gained.Futures dropped in Japan, Hong Kong and Australia. Contracts on the S&P 500 dipped after the U.S. gauge lost ground in the final hour of trading to end about 1% lower. Riskier assets had started the week on the front foot after the Moderna news fueled hopes for a coronavirus vaccine, but investors are struggling to maintain the optimism as they …read more […]
Trends Expert Matthew Carr highlights 4 of the top Fourth Industrial Revolution ETFs to Watch.
It’s no secret that I’m a science fiction fan. I routinely quote sci-fi books and movies, as well as litter my articles and videos with references to them. But beyond that, a lot of my investment themes veer toward the future. I’m not talking about flying cars – not yet. Though they do finally exist. I’m talking about technology trends upsetting the current world’s apple cart. I’ve long believed that Klaus Schwab’s book The Fourth Industrial Revolution provides a viable road map for investors.
It may not …read more […]
According to a report from STAT, vaccine experts are saying that Moderna’s coronavirus vaccine, mRNA-1273, does not have sufficient data to support the optimism which surrounds it. Yahoo Finance’s Anjalee Khemlani joins The Final Round to break down the latest news about the coronavirus. …read more […]
Shares in Southwest Airlines Co. (LUV) rose 5.7% after the U.S. carrier said that it has seen a “modest improvement” in May demand as new passenger bookings outpaced trip cancellations.In the month through May 18, the U.S. airline recorded net positive bookings reversing net negative booking trends prevalent during most of March and April, where trip cancellations outpaced new passenger bookings, it said in a SEC filing disclosing preliminary figures. The reversal drove shares up 5.7% to $28.58 in early afternoon U.S. trading.The value of Southwest’s shares has almost halved this year as stringent travel restrictions tied to the coronavirus …read more […]
Click here to read the full article. “The Joe Rogan Experience,” one of podcasting’s longest-running and most popular shows, will be launching on Spotify exclusively this year.The Rogan-hosted comedy talk-show series will debut on Spotify on Sept. 1, 2020, on a nonexclusive basis — before becoming exclusive to the platform later later in 2020 under the multiyear licensing deal.With Rogan, Spotify has landed one of the podcasting biz’s whales. It currently ranks as the No. 2 most popular show on Apple Podcasts (after Barstool Sports’ “Call Her Daddy”), per Podcast Insights. A source familiar with the deal said Rogan became …read more […]
The share price of Aurora Cannabis (ACB) has been exploding since the company released its surprisingly positive earnings. The report showed the company generating much more revenue than expected, while revealing the numbers associated with cutting costs and expenditures.Investors need to be very cautious now that it has run up so high, as there is no doubt when it starts correcting it’s going to happen fast. You don’t want to be on the wrong side of the trade, although those shorting it correctly will make a lot of money, just as those that went long have.Indeed, most of Wall Street …read more […]
Casino giant Caesars’ mountains of debt raises uncertainty about its pending merger with Eldorado (ERI) amid the pandemic, says Dan Wasiolek, senior equity analyst at Morningstar. …read more […]
It continues to be a world of Facebook, Apple, Amazon, Netflix and Google. …read more […]
The automaker also is working on next-generation batteries even more advanced than the new Ultium battery that it unveiled in March, according to GM Executive Vice President Doug Parks, who was speaking at an online investor conference. Reuters reported exclusively in early May that Tesla, in partnership with Chinese battery maker CATL, plans to introduce its own million-mile battery later this year or early next. …read more […]
President Donald Trump announced on Monday that he is consuming the controversial drug hydroxychloroquine. Trump also threatened to end funding for the World Health Organization. Yahoo Finance’s Anjalee Khemlani weighs in.
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Treasury Secretary Steven Mnuchin and Federal Reserve Chairman Jerome Powell answer Minnesota Senator Tina Smith’s questions on producing jobs. …read more […]
The U.S. on Tuesday moved to address persistent drug supply worries in the coronavirus pandemic, with the Trump administration striking a deal to produce critical medicines domestically. …read more […]
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