OPEC and Russia have postponed a meeting due on Monday to discuss oil output cuts until April 9, OPEC sources said on Saturday, as a row between Moscow and Saudi Arabia over who is to blame for plunging crude prices intensified.
(Bloomberg) — More than 60,000 people have died globally from Covid-19 and the number of fatalities in the U.K. climbed to more than 4,300. Spain is planning to extend its state of emergency after the number of coronavirus cases surpassed those in Italy.In the U.S., fatalities rose to more than 7,000, and the Centers for Disease Control and Prevention recommended that Americans wear cloth masks to prevent the virus’s spread. At least a half-dozen ships are still at sea with passengers and crew on board as cruise lines navigate long trips back home and struggle to find ports willing to …read more […]
At-home entertainment is seeing a dramatic surge amid the coronavirus pandemic, with streaming platforms like Disney+ (DIS) and Netflix (NFLX) benefitting. …read more […]
Luckin Coffee (NASDAQ:LK) stock tanked more than 80% (and is down 66% at the time of this writing) after the company revealed an investigation that essentially proved what Muddy Waters alleged months ago. Luckin Coffee admitted to inflating its sales numbers after an internal investigation. Luckin Coffee reveals investigation In a press release filed with […] …read more […]
The coronavirus outbreak, or COVID-19, is pushing the U.S. economy further into historic territory. …read more […]
Some stocks are best avoided. We really hate to see fellow investors lose their hard-earned money. For example, we… …read more […]
Dairy farmer Jason Leedle felt his stomach churn when he got the call on Tuesday evening.
Verizon Communications Inc. (NYSE:VZ) stock is about to trade ex-dividend in 4 days time. You will need to purchase… …read more […]
Toll Brothers, Inc. (NYSE:TOL) stock is about to trade ex-dividend in 3 days time. If you purchase the stock on or… …read more […]
Fate Therapeutics, Inc. (NASDAQ:FATE) shareholders will have a reason to smile today, with the analysts making… …read more […]
A WiMi IPO was first announced in June 2019. Now, during the coronavirus outbreak, WiMi decided to launch its IPO. And WiMi stock hit the market with success.
Here’s what we know…
WiMi IPO: The Business
WiMi Hologram Cloud (Nasdaq: WIMI) is a Chinese tech company founded in 2015. It offers augmented reality (AR)-based holographic services and products. Currently, the company has advertising services and entertainment products. It aims to provide “an innovative, immersive and interactive holographic augmented reality experience for [its] customers.”
Platforms such as Google and Apple now have tools that make access to AR content easier. According to Frost and Sullivan, …read more […]
General Dynamics Corporation (NYSE:GD) stock is about to trade ex-dividend in 3 days time. This means that investors… …read more […]
The federal government has moved the tax filing deadline from April 15 to July 15 due to the novel coronavirus pandemic, and Americans can even file for an extension beyond that to Oct. 15. But they should do so with caution. …read more […]
OPEC and Russia have postponed a meeting planned for Monday until later next week, OPEC sources said on Saturday, as a row intensified between Moscow and Saudi Arabia over who is to blame for plunging oil prices.
OPEC and Russia have postponed a meeting planned for Monday until later next week, OPEC sources said on Saturday, as a row intensified between Moscow and Saudi Arabia over who is to blame for plunging oil prices. The meeting’s delay came despite pressure from U.S. President Donald Trump for the Organization of the Petroleum Exporting Countries and allies, known as OPEC+, to urgently stabilise global oil markets. OPEC+ is working on an unprecedented oil output curb equal to about 10% of world supply, or 10 million barrels per day, in what member states expect to be a global …read more […]
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