As we finish up the second quarter of 2020, the return to record-high new daily coronavirus cases in the U.S. is putting a serious damper on the V-shaped recovery narrative.
Archiv für den Monat: Juni 2020
Micron (MU) 3rd Quarter Earnings: What to Expect
The World Semiconductor Trade Statistics organization projects annual global chip sales will increase 5.9% in 2020 and 6.3% in 2021. And this projection bodes well for Micron (MU)
BlackRock sees risks for U.S. stocks in the second half from virus and politics
BlackRock’s global chief investment strategist said stocks face second-half risks from fading fiscal stimulus and potential election volatility.
Chesapeake Energy, a pioneer in the U.S. shale revolution, files for bankruptcy protection
Chesapeake Energy, the poster child of the U.S. shale revolution, filed for bankruptcy protection on Sunday.
Two bank stocks could still be a buy after Fed exposes problem areas
Banks tumbled Friday after the Federal Reserve highlighted potential vulnerabilities in the sector. These two names still look like solid plays in the space, according to Piper Sandler’s Craig Johnson and Laffer Tengler Investment’s Nancy Tengler.
Stock market live updates: Dow up 200, Boeing driving gains, Facebook falls on boycott
Stock futures were higher in morning trading on Monday even as coronavirus cases in the U.S. continued to surge.
Stocks making the biggest moves in the premarket: Gilead Sciences, Starbucks, BP, Coty & more
The stocks making the biggest moves in premarket trading include Gilead Sciences, Starbucks, BP, Coty, and more.
‚The Enron of Germany‘: Wirecard scandal casts a shadow on corporate governance
Wirecard’s dramatic fall from grace has thrust corporate governance and industry regulation in Germany firmly in the spotlight.
Chesapeake Energy, a pioneer in the U.S. shale revolution, files for bankruptcy protection
Chesapeake Energy, the poster child of the U.S. shale revolution, filed for bankruptcy protection on Sunday.
Burger King’s U.S. same-store sales are flat as fast-food customers return to restaurants
Burger King’s U.S. same-store sales are trending flat as customers return to its locations for Whoppers and french fries.