Tags : Markets

Global cases top 3.6 million, Trump says more deaths inevitable

[ad_1] This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. This blog will be updated throughout the day as the news breaks. Global cases: More than 3.65 million Global deaths: More than 256,800 Most cases reported: United States (over 1.2 million), Spain (over 219,300), Italy (over 213,000), United Kingdom (over 196,200), France […]Read More

Disney (DIS) Q2 2020 earnings

[ad_1] Bob Chapek, chairman of Walt Disney Parks and Experiences, speaks during a media preview of the D23 Expo 2019 in Anaheim, California, Aug. 22, 2019. Patrick T. Fallon | Bloomberg via Getty Images Disney is set to report its Q2 2020 earnings after the bell on Tuesday. The coronavirus pandemic has disrupted Disney’s theme parks […]Read More

Buffett’s airline dump is a wake-up call for index investors

[ad_1] Warren Buffett’s decision to dump airline stocks is an unusual move for the long-term focused investor and could be a reckoning for index investing, CNBC’s Jim Cramer said Monday. U.S. airline stocks sold off during the trading day as investors learned that the Oracle of Omaha said Berkshire Hathaway offloaded its big positions in American, […]Read More

Global death toll tops 251,000

[ad_1] This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. This blog will be updated throughout the day as the news breaks. Global cases: More than 3.5 million Global deaths: More than 251,000 Most cases reported: United States (over 1.17 million), Spain (over 218,000), Italy (over 211,900), United Kingdom (over 191,800), France […]Read More

No ‘guarantee’ vaccine will be ready this year

[ad_1] Emergent Biosolutions CEO Robert Kramer told CNBC Monday it is uncertain that a coronavirus vaccine can be available by the end of the year to fulfill President Donald Trump’s wishes. The specialty biopharmaceutical company is collaborating with drug giant Johnson & Johnson on a Covid-19 vaccine candidate, which Johnson & Johnson hopes will receive emergency use […]Read More

Chegg, Hertz, L Brands and more

[ad_1] Dan Rosensweig, CEO, Chegg Scott Mlyn | CNBC Check out the companies making headlines after the bell. Shake Shack — The burger chain’s stock whipsawed in extended trading after the company provided its first-quarter earnings. Shake Shack said it had earnings of 2 cents per share excluding some items on revenue of $143.2 million, […]Read More

What happened to the storoseck market on Friday: Big tech

[ad_1] The New York Stock Exchange (NYSE) is seen in the financial district of lower Manhattan during the outbreak of the coronavirus disease (COVID-19) in New York City, U.S., April 26, 2020. Jeenah Moon | Reuters Dow Jones Industrial Average rose 26 points The Dow Jones Industrial Average rose 26.07 points, or 0.11%, to  23,749.76, while the […]Read More

US Treasury seeks to borrow a record $3 trillion this

[ad_1] Massive stimulus to support the U.S. economy through the coronavirus crisis will cause the Treasury to borrow a record $3 trillion this quarter. The department on Monday announced the total Monday. “The increase in privately-held net marketable borrowing is primarily driven by the impact of the COVID-19 outbreak, including expenditures from new legislation to […]Read More