Traders work during the opening bell on the New York Stock Exchange (NYSE) on March 5, 2020 on Wall Street in New York City. Johannes Eisele | AFP | fake pictures Stock futures rose slightly on Sunday night as investors tried to take advantage of last week’s strong performance. Dow …
Read More »‘This is so much more psychological’: why the CEO of the world’s largest asset manager says the COVID-19 crisis looks nothing like 2008
The 2008 financial crisis and the economic damage caused by the COVID-19 pandemic are very different, according to BlackRock CEO Larry Fink. “This is an existential problem, so it is beyond a financial crisis that we saw in 2008,” Fink said in an interview with CNBC on Friday. Fink said …
Read More »Netflix, Nio, BlackRock, Tesla and more
A button to launch the Netflix app on a remote control is seen in this photo illustration in Warsaw, Poland on April 25, 2019. Jaap Arriens | NurPhoto | fake pictures Check out the companies that make headlines in the midday trade Netflix: The video streaming giant’s shares fell 6.5% …
Read More »NASA plans to return astronauts in SpaceX’s Crew Dragon on August 2
Crew Dragon “Endeavor” from SpaceX docked at the International Space Station. POT NASA currently plans to return astronauts Bob Behnken and Doug Hurley to Earth aboard SpaceX’s Crew Dragon spacecraft in approximately two weeks, the space agency told CNBC on Friday. The spacecraft, which the astronauts called Endeavor, is scheduled …
Read More »EV Stock NIO rally has gone too far, says Goldman
Text size Goldman Sachs analyst Fei Fang downgraded US depositary receipts from Chinese electric vehicle maker NIO to Sell from Hold. ADRs are falling on Friday, but that’s after nearly doubling in the past month. Photography by Giulia Marchi / Bloomberg Recovery of a stock of electric vehicles has gone …
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