As the S&P 500 falls into positive territory again throughout the year, investors need to be mindful of the fact that a handful of stocks appear to be doing much of the heavy lifting. The benchmark market index rose 1.3% in 2020 through Monday’s close, but much of that profit …
Read More »Coronavirus pushes United Airlines (UAL) to a loss of $ 1.6 billion in the second quarter
A United Airlines Boeing 777-200 aircraft Nicolas Economou | NurPhoto | fake pictures United Airlines posted a net loss of $ 1.63 billion for the second quarter, driven by a drop in demand for air travel due to the coronavirus pandemic, the airline said Tuesday. Revenue fell more than 87% …
Read More »Tesla reports earnings tomorrow. This is what to expect.
Text size Tesla shares have risen nearly 290% so far this year and 526% in the past year. Spencer Platt / Getty Images Electric vehicle maker Tesla reports earnings after the close of operations on Wednesday. The report, and the subsequent reaction to the stock price, should be wild. This …
Read More »Sweden had one of the most relaxed COVID-19 blocks in the world. There is increasing evidence that it helped weather the 2020 economic storm better than anywhere else.
ANDERS WIKLUND / Getty Throughout the coronavirus pandemic, Sweden has drawn international attention for its unorthodox approach to controlling the spread of the virus. Unlike most European countries, Sweden did not impose strict blocking measures. Now she’s reaping the rewards, financially speaking, at least. A Capital Economics report released Tuesday …
Read More »IBM, Coca-Cola, Wells Fargo, Devon Energy and more
A bottle of Coca-Cola Light is removed for a quality control test at a Coco-Cola bottling plant in Salt Lake City, Utah. George Frey | fake pictures Take a look at the companies that make headlines in the midday trade. Coca-Cola – Coca-Cola gained 2.5% after the beverage giant gave …
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