Text size Scott Olson / Getty Images Exxon Mobil provided an update on its second-quarter outlook on Thursday, and could mean a second-quarter earnings release for the oil giant, according to Cowen & Company. In its latest 8K presentation, Exxon (ticker: XOM) detailed the continuing headwinds against the Covid-19 pandemic …
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Kimberly White / Getty Images Lemonade, a technology-driven insurance company backed by Softbank, soared 132% in its commercial debut on Thursday. The company set its IPO price at $ 29, representing a market valuation of $ 1.6 billion. It was valued at $ 2.1 billion in its 2019 funding round. …
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CNBC’s Jim Cramer said Thursday that massive job gains in June indicate confidence in the United States economy despite the coronavirus pandemic. “There is an optimism in the country that I think is often not shared with people on the air, and that is just because we don’t see the …
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California, Michigan and New York City became the last areas on Wednesday to halt some aspects of their reopening efforts as new cases increase across the country. Amid the surge, President Donald Trump said it is “all for masks,” but he does not believe the United States needs a national …
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People line up outside the Kentucky Career Center before it opens to find assistance with their unemployment claims in Frankfort, Kentucky, USA, June 18, 2020. Bryan Woolston | Reuters The number of Americans applying for unemployment benefits for the first time increased more than expected last week as the coronavirus …
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