It is set to be a moderate start to a great earnings week. US stock futures were down at the start of a week, which will see a number of report results from big names, including Tesla TSLA, + 0.01%, Microsoft MSFT, -0.51% and United Airlines UAL, -1.65%. The race …
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Text size Dominick Reuter / AFP via Getty Images Microsoft shares have climbed to new highs during the Covid-19 pandemic, as companies accelerate their adoption of cloud-based software. This has given a boost to both Azure, the company’s public cloud service, and cloud-based apps like Office 365 and Teams. How …
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European stocks rose on Monday, with top leaders still negotiating a rescue fund to boost the economic response to the coronavirus. At mid-morning, the Stoxx Europe 600 SXXP, + 0.18% They traded 0.2% higher, overcoming a weaker start. The German DAX DAX, + 0.51%, French CAC 40 PX1, + 0.11% …
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The tyranny of gigantic tech stocks, which has supported the US equity market since March, had a major impact this week. For months, the most valued e-commerce and technology companies have staged an almost unrelenting rally during a public health crisis that has caused tremendous pain in the national and …
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As the Covid-19 crisis intensifies in the United States, the fight for an effective vaccine is about to collide with the electoral calendar. Pfizer (ticker: PFE) says it will seek authorization from the Food and Drug Administration for its Covid-19 vaccine starting in October. Meanwhile, the federal government’s Covid-19 vaccine …
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