A Bullish start to the week is underway, fueled by hopes of easing US-China tensions and signals US President Donald Trump will try to track down some coronavirus treatments. Hopes also build that markets will receive supportive remarks from Federal Reserve Chairman Jerome Powell at the central bank in Jackson …
Read More »A common medication for older adults improves COVID-19 survival rates, say researchers
Medications for high blood pressure could improve survival rates for people suffering from COVID-19 and reduce the severity of infection, according to new research from a team of scientists at the University of East Anglia in the UK and published Monday in the Journal Current Atherosclerosis Reports, a bilingual peer-reviewed …
Read More »Microsoft says Apple’s threat against ‘Fortnite’ maker would tear up the entire video game industry
Threat of Apple Inc. to the developer account of Epic Games Inc. to withdraw would have far-reaching effects detrimental to the video game industry, said Microsoft Corp. in a court filed Sunday. Epic’s new submission comes amid a tense showdown with Apple’s AAPL, + 5.15% , which removed Epic video …
Read More »Following the record run of the S&P 500, UBS says it is looking for the following stock winners here
A red flag from the Federal Reserve has crept investors a bit, in a week that has delivered milestones for equities. Global stocks are slipping after the Fed released the minutes of its last policy meeting late on Wednesday. “In summary, the minutes described a weakened economy on an uncertain …
Read More »Alibaba earnings: Following the recovery of COVID-19, US-China is still tense
Although geopolitical tensions seem, Alibaba Group Holding Ltd. to be in a good place as China continues its economic recovery from COVID-19. Alibaba reported fiscal revenue in the first quarter Thursday morning. Alibaba BABA, + 0.40% already saw volume growth equal to pre-pandemic levels when it last hit investors in …
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