What happened Cruise stocks fell on Monday after mounting COVID-19 cases forced California government officials to reverse some of the state’s economic reopening plans. At the close of trading, the shares of Royal Caribbean (NYSE: RCL) and Norwegian Cruise Line Holdings (NASDAQ: NCLH) decreased 4.3% and 4.9%, respectively. The two …
Read More »The latest in coronavirus and Maine
As of Sunday, there have been 3,539 cases of coronavirus in all Maine counties since the outbreak began here in March, according to the Maine Center for Disease Control and Prevention. A Penobscot County woman in her 90s and a Cumberland County man in her 70s have died, bringing the …
Read More »Pandemic pushes Singapore into recession as GDP plummets 41% in Q2
SINGAPORE (Reuters) – Singapore’s trade-dependent economy fell into recession in the second quarter with a record contraction, signaling a global first semester globally and an equally challenging outlook as the coronavirus crisis comes at a high cost in business and demand. Gross Domestic Product (GDP) fell a record 41.2% in …
Read More »Making sense of Tesla’s parabolic rally: Morning Brief
Receive the Morning Brief sent directly to your inbox every Monday through Friday at 6:30 am ET. Subscribe A $ 300 intraday turnaround is just another day for Tesla investors. Tesla’s Wild Ride (TSLA) continued on Monday. Shares of the electric car maker fell 3% to start the week after …
Read More »Coronavirus: Asia’s ‘bright star’ suffers the biggest drop in history
Image copyright fake pictures Singapore’s economy fell into recession in the last quarter when a prolonged lockdown hit businesses and retail spending. Economic growth in the city state slowed by 41.2% compared to the previous quarter, the largest contraction recorded in the country. Authorities predict it will be Singapore’s worst …
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