Stocks fell sharply on Monday as fears about the worsening coronavirus as well as uncertainty on further fiscal stimulus rattled traders.
Schlagwort-Archiv: Financial
Wall Street’s best performing analysts have a strong buy rating on these 6 dividend stocks
Wall Street’s best-performing analysts like Home Depot and Johnson & Johnson.
Bank trading floors could be poised for a makeover in the wake of Covid-19
Bank trading floors could get a makeover in the wake of Covid-19.
Why higher unemployment taxes are ‚all but certain‘ for businesses
Businesses in many states are likely to face tax increases as early as next year to replenish depleted trust funds that pay unemployment benefits. Workers may also face cuts in unemployment benefits.
Apple has quietly dropped 22% from its peak, giving up $500 billion in market cap
The steep losses came as Apple’s recent product event — its first in 2020 — didn’t live up to the hype.
Here’s what happened to the stock market on Friday
Stocks were under pressure once again by steep declines in major tech names.
These charts show how wildfires are getting larger, more severe in the U.S.
The U.S. is halfway through wildfire season, and this year is already one of the worst in history. Human-caused climate change has made blazes more frequent and intense.
Kraft Heinz targets $2 billion in cost cuts over 5 years, sees long-term organic net sales growth of 1% to 2%
Kraft Heinz also raised its third-quarter forecast for organic sales growth.
Slack shares plunge as growth stays steady with no coronavirus spike
Slack’s revenue grew at around 50% for the third consecutive quarter, and the company reported more paying customers than analysts had expected.
Oracle’s stock jumps as company returns to growth
The software maker delivered revenue growth even during the first full quarter of business during the coronavirus pandemic.