JetBlue Airways swung to a second-quarter loss after revenue plunged more than 90% because of the coronavirus.
Schlagwort-Archiv: CNBC
Pfizer shares rise after better-than-expected earnings and higher 2020 outlook
Pfizer reported better-than-expected second-quarter earnings and raised its outlook for 2020, despite a 32% drop in profit as demand fell for some of its drugs during the coronavirus pandemic.
McDonald’s revenue falls 30% despite progress at U.S. restaurants
McDonald’s global same-store sales improved sequentially during the quarter.
3M profit misses as coronavirus crisis hammers sales
Industrial conglomerate 3M reported a 12% drop in quarterly revenue on Tuesday as demand for its products took a hit due to the global economic slowdown caused by the coronavirus crisis.
Five things investors are watching as GM and Ford report coronavirus-ravaged earnings
The coronavirus pandemic brought the U.S. automotive industry to a standstill. Investors will see just how bad the damage is when all three Detroit carmakers report earnings this week.
5 things to know before the stock market opens Monday
Dow futures were higher Monday as White House officials signal what Republicans are willing to accept in a new coronavirus relief bill.
Summer’s most profitable groups in crosshairs of new economic headwinds, money manager Jeff Mills warns
Due to the country’s coronavirus surge, Bryn Mawr’s Jeff Mills predicts economic setbacks will start to meaningfully impact some of the summer’s most profitable market groups.
Dow rises 100 points as Apple leads tech higher
U.S. stocks traded mostly flat to start the week as investors braced for a big week of corporate earnings and more Covid stimulus talks.
Stocks making the biggest moves in the premarket: Hasbro, Moderna, Albertsons, Biogen & more
The stocks making the biggest moves in premarket trading include Hasbro, Moderna, Albertsons, Biogen, and more.
Tech earnings could determine whether sell-off is routine pullback or leadership crisis for stocks
Friday ended the Nasdaq’s longest-ever streak without back-to-back daily declines at 49 sessions, one longer than the prior record from 1979.