Luckin Coffee: Scandal-hit chain raided by regulators in China
The company’s shares have slumped this month since it revealed $310m in fabricated transactions. …read more […]
The company’s shares have slumped this month since it revealed $310m in fabricated transactions. …read more […]
Oil prices slumped on Tuesday, extending the previous session’s slide, on worries about limited capacity to store crude worldwide and expectations that fuel demand may only recover slowly as coronavirus pandemic restrictions are gradually eased. U.S. West Texas Intermediate (WTI) crude futures skidded by as much as 16% and were off 14.7%, or $1.88 cents, at $10.90 a barrel as of 0158 GMT. Brent crude futures fell to a low of $18.97 and were last down 4.1%, or 82 cents, at $19.17 a barrel. …read more […]
Oil prices slumped on Tuesday, extending the previous session’s slide, on worries about limited capacity to store crude worldwide and expectations that fuel demand may only recover slowly as coronavirus pandemic restrictions are gradually eased.
American will begin handing out masks to passengers next month but won’t require that they be worn. JetBlue is mandating masks but won’t be giving them out. …read more […]
Oil fell on Tuesday, adding to huge declines in the previous session, on worries about limited capacity to store crude worldwide and expectations that fuel demand may only recover slowly as coronavirus pandemic restrictions are gradually eased.
Earnings season kicks into high gear Tuesday. A slew of big names will deliver quarterly results, but the spotlight will be on Alphabet, Starbucks and Advanced Micro Devices after the closing bell. …read more […]
Asian stocks were set for gains on Tuesday after a strong Wall Street session as easing lockdown restrictions by some countries and U.S. states buoyed sentiment, despite another decline in oil prices.
General Motors Co , Ford Motor Co and Fiat Chrysler Automobiles NV are targeting May 18 to resume some production at their U.S. factories after shutting down plants in March due to the coronavirus outbreak, the Wall Street Journal reported.
Since the onset of COVID-19, social media platforms have been at the center of a tug of war between an uptick in user engagement and ad spend reductions. The problem, though, is that usage engagement is all fine and dandy, but these platforms’ revenue streams are mostly from advertising.Twitter (TWTR) is no different. The social networking site was early to recognize the issue of lower ad spend when it withdrew its previous guidance in March.Wedbush analyst Michael Pachter is “anticipating results in-line with revised commentary,” when Twitter reports Q1 earnings on Thursday, April 30.The analyst believes that, at the midpoint, …read more […]
Are you a conventional investor?
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In The War Room, we use a range of strategies… and we teach you how to use them too. Without a doubt, the most popular strategy we use is short-term options trading. Bryan Bottarelli specializes in getting in and out of trades… quickly. And our 80%-plus success rate year to …read more […]
Stock futures steadied Monday evening after a rally during the regular session sent the S&P 500 and Nasdaq to their highest levels since early March. …read more […]
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