Nike reported fiscal third-quarter sales that topped expectations, even as the coronavirus outbreak generated a host of disruptions for the athletic-wear maker. Yahoo Finance Live breaks down the numbers. …read more […]
Stock markets soared on Tuesday, with a gauge of global equities posting its biggest gain since the coronavirus roiled financial markets a month ago, as the U.S. Congress zoned in on a $2 trillion stimulus package to curb the pandemic’s economic toll.
As debt continues to mount for oilfield services companies, the coronavirus induced slowdown in drilling activity could be the beginning of a wave of bankruptcies in oilfield services …read more […]
One of the most frequent questions we get at Investmentu.com is “which stocks should I invest in?” While we are constantly looking at upcoming IPOs and trending stocks, you really need to be invested in stocks that have stood the test of time.
Alexander Green, Chief Investment Expert for The Oxford Club had this to say about the recent market downturn:
“The awful investor sells in a panic – and always finds reasons to justify it. The decent investor at least stands pat – and reinvests his or her dividends, if possible. The best investors? They are moving money out of cash …read more […]
“We don’t monetize many of the services where we’re seeing increased engagement, and we’ve seen a weakening in our ads business in countries taking aggressive actions to reduce the spread of COVID-19,” the company said in a statement. It declined to specify in which countries it was experiencing the adverse impact or the magnitude of that impact. …read more […]
Nike Inc beat Wall Street estimates for quarterly revenue on Tuesday, powered by demand in North America and Europe that blunted the drop in China sales due to the coronavirus-fueled shutdowns.
The dollar gave up most of its early losses on Tuesday as investors waited on a Senate stimulus bill meant to blunt the economic impact of the spreading coronavirus, and after U.S. President Donald Trump pressed his case for a re-opening of the U.S. economy by mid-April.
Markets rallied on Tuesday, with the Dow surging over 2,000 points on hopes of an economic stimulus plan from Washington, D.C. JPMorgan Asset Global Market Strategist Jack Manley joins The Final Round to discuss whether the bounce can sustain itself. …read more […]
The Dow soared in its biggest one-day percentage gain since 1933 on Tuesday after U.S. lawmakers said they were close to a deal for an economic rescue package in response to the blows from the coronavirus outbreak, injecting optimism following the biggest selloff since the financial crisis.
Boeing Co’s chief financial officer said on Tuesday the U.S. aerospace industry urgently needs credit to cope with the coronavirus pandemic but “markets essentially are closed” to new debt.
Nike (NKE) reported fiscal third-quarter sales that topped expectations, reflecting still-strong fundamentals through February even as the coronavirus outbreak generated a host of disruptions for the athletic-wear maker. …read more […]
U.S. lawmakers are nearing agreement on a $61 billion rescue package for the aviation sector that would include $25 billion in payroll grants for passenger airlines weathering a sharp falloff in travel demand amid rising coronavirus outbreaks, three people briefed on the matter said.
President Donald Trump said on Tuesday that he would not let airplane maker Boeing Co go out of business as a result of the economic disruption caused by the coronavirus outbreak. “We’re not letting Boeing go out of business,” Trump said in a Fox News interview. …read more […]
President Donald Trump said on Tuesday that he would not let airplane maker Boeing Co go out of business as a result of the economic disruption caused by the coronavirus outbreak.
COVID-19 has brought the world – and the markets – to its knees.
The Dow Jones Industrial Average went from hitting all-time highs to losing 30% of its value… in a little more than a month!
Along the way we’ve endured several of the worst trading sessions for the Dow and S&P 500 since 1987. And we suffered the worst days ever for the Nasdaq and Russell 2000.
That’s why we’re tackling the question of “What is our COVID-19 game plan?”
I don’t believe investors should panic. In times of crisis, we can find some of our best opportunities.
So today we discuss what areas …read more […]
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