UBS‘ Art Cashin believes the market may be far too complacent in believing that a highly effective vaccine is imminent.
Schlagwort-Archiv: Financial
Ant Group gets final approvals for its massive dual IPO and reveals share structure
Ant Group will split its stock issuance equally across Shanghai and Hong Kong, issuing 1.67 billion shares in each location.
Southwest Airlines posts biggest-ever loss as coronavirus slams demand
Despite its biggest loss ever, Southwest Airlines was able to cut its cash burn.
Coca-Cola earnings top estimates, despite 9% decline in revenue
Coca-Cola reported a 6% decline in organic sales for its third quarter.
American Airlines reports $2.4 billion net loss in third quarter, cuts cash burn
American Airlines posted another quarterly loss as coronavirus hit summer travel demand.
Tesla shares jump 5% after reporting fifth consecutive quarter of profits
Elon Musk’s carmaker reported net income of $331 million on revenue of $8.77 billion in the third quarter.
Chipotle shares fall despite earnings beat, as robust delivery growth weighs on profits
Shares of Chipotle, which has a market value of $38 billion, have risen 62% so far this year.
Mario Gabelli sees ‚extraordinarily good‘ U.S. economic growth in 2021
Investor Mario Gabelli struck a positive note on Tuesday on the U.S. economy even as coronavirus cases in the country are on the rise.
JPMorgan Chase takes on Square and PayPal with smartphone card reader, faster deposits for merchants
JPMorgan Chase is making a play to sell more services to millions of American small business owners, CNBC has learned.
Cramer: We’re in a ‘wacko market’ when stay-at-home stocks with few sales actually make sense
The „Mad Money“ host cited cloud company Snowflake and Zoom as „dominate American companies“ capitalizing online during the coronavirus pandemic.