June 28, 2020 marks ten years since Tesla went public on the Nasdaq. Meanwhile, Nikola is beginning to accept pre-orders for its badger. Yahoo Finance’s Ines Ferre breaks down the details. …read more […]
On Monday, major U.S. airlines including American, Delta, JetBlue, Southwest and United, agreed to new health protocols that all passengers must follow. Helane Becker, Senior Research Analyst at Cowen Securities, joins Yahoo Finance’s The First Trade to discuss the future outlook for airlines after they took a major hit from COVID-19. …read more […]
Nick Shields, Senior Analyst at Third Bridge, joins The First trade to discuss the states of malls as some reopen amid continually rising cases of coronavirus. …read more […]
(Bloomberg) — The growing movement to boycott Facebook Inc. by high-profile advertisers continued on Monday, though it doesn’t represent a major long-term risk to the social-media company’s stock, analysts said.A number of companies, including blue-chip firms Starbucks, Unilever and Coca-Cola, have said they would cut or cease spending on Facebook, while General Motors is reviewing how its brands are marketed on the social-media platform. The moves are aimed at pushing Facebook, which also owns Instagram and WhatsApp, to limit hate speech or posts with disinformation.Despite the lost revenue, “we do not expect significant risk to numbers” wrote Doug Anmuth, an …read more […]
Matthew Orton, Carillon Tower Advisers Portfolio Strategist, joins The First Trade to discuss how the markets are faring as cases of coronavirus prevent some states from the next stages of reopening. …read more […]
Yahoo Finance catches up with Beyond Meat founder and CEO Ethan Brown. …read more […]
Mike Ryan, UBS Wealth Management Americas Chief Investment Officer, Yahoo Finance’s Brian Sozzi and Jared Blikre to discuss the latest market action. …read more […]
(Bloomberg) — Even in the innovative world of electric vehicles, it’s an unusual proposition: Plunk down as much as $5,000 now to reserve the right in a few years to buy a battery-powered truck, before seeing a prototype or manufacturing plan to assure it’ll ever be built.That’s what Nikola Corp., the Phoenix-based company whose sudden stock surge has captured the attention of investors, is asking customers to do starting Monday. The reservations, which are refundable, take a page from Tesla Inc.’s playbook, but they require would-be vehicle buyers to take an even bigger leap of faith than Elon Musk ever …read more […]
VANCOUVER, Washington, June 29, 2020 — CytoDyn Inc. (CYDY), (“CytoDyn” or the “Company”), a late-stage biotechnology company developing leronlimab (PRO 140), a CCR5 antagonist with the potential for multiple therapeutic indications, announced today the Company and […]
(Bloomberg) — Leave it to power couple “Kimye” to revive a pair of tired U.S. companies.Kim Kardashian West and Kanye West, whose 2014 wedding created a celebrity powerhouse of influence, have each inked major deals in the past several days to grow their mass-market presence and snag a share of the average American shopper’s wallet.Coty Inc., owner of Max Factor and Covergirl, agreed on Monday to buy a 20% stake in Kardashian West’s beauty business for $200 million to develop skin, hair and nail products under the reality TV star’s brand. The news comes just days after her husband announced …read more […]
End to End Security and AR Drives Adoption of Video Conferencing Platform SANTA CLARA, Calif. and TORONTO, June 29, 2020 — NexTech AR Solutions (NexTech) (OTCQB: NEXCF) (CSE: NTAR) (FSE: N29), an emerging leader in augmented reality […]
HP CEO Enrique Lores chats with Yahoo Finance about diversity and the future of the PC and printer maker. …read more […]
Gunmen opened fire outside the Pakistan Stock Exchange in Karachi on Monday. Though the high-profile attack ended without their getting into the building, WSJ’s Saeed Shah explains how it could set back Pakistan’s progress in showing the country is safe for foreign investors. Image: Fareed Khan/AP …read more […]
BP has agreed to sell its global petrochemicals business to billionaire Jim Ratcliffe’s Ineos for $5 billion, pulling out of a sector widely seen as a key driver of oil demand growth in the coming decades. The surprise move means BP has hit its $15 billion asset sales target a year ahead of schedule as CEO Bernard Looney prepares the company for a shift to low-carbon energy. Looney acknowledged that the sale of the business, which employs 1,700 people and produced 9.7 million tonnes of petrochemicals last year, “will come as a surprise”. …read more […]
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