China reported that the country’s GDP grew 3.2% in the second quarter of this year, compared to the previous year, exceeding analyst expectations and recovering from the first quarter contraction. It occurs when the blockades to contain the coronavirus outbreak in China decreased, and when Beijing implemented stimulus measures to …
Read More »Increased oil in the OPEC agreement and falling inventory. Don’t expect more profit soon.
Text size Frederic J. Brown / AFP via Getty Images After a few shaky days, oil prices rose on Wednesday after a surprising result at an OPEC meeting and better-than-expected government data from the US. Brent crude, the global benchmark, set 2.1% higher at $ 43.79 on Tuesday, while West …
Read More »Dow futures change little as index tries for fifth straight day of gains
A person walks at the Wall Street subway stop in New York City. Angela Weiss | AFP | fake pictures Stock futures changed little in trading overnight Wednesday as the earnings season kicks off, giving investors a clearer picture of the overall health of American companies. Dow Jones Industrial Average …
Read More »Virgin Galactic, Twitter, Norwegian Cruise Line and more
Norwegian Cruise Line The Norwegian Bliss cruise ship passes the John Hopkins Inlet in Glacier Bay, Alaska on July 11, 2019. Tim Rue | Bloomberg | fake pictures Check out the companies that make headlines after the bell: Moderna – Moderna’s shares soared in extended trading after rising nearly 7% …
Read More »Virgin Galactic changes CEO, bringing Michael Colglazier from Disney
Virgin Galactic space chief George Whitesides, left, and CEO Michael Colglazier. galactic virgin Virgin Galactic announced Wednesday that George Whitesides would step aside as CEO, and the space tourism company will appoint former Disney executive Michael Colglazier. Whitesides will remain with the company in a new role, serving as its …
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