Posted: Jul 2, 2020 at 7:50 am ET Mark Zuckerberg, CEO of Facebook Inc., speaks during the Silicon Slopes Technology Summit in Salt Lake City, Utah, on January 31. Bloomberg news Hundreds of companies around the world have joined a temporary boycott against Facebook Inc., but CEO Mark Zuckerberg says …
Read More »The return of the March panic is the biggest risk to the S&P 500 right now. Here is the trigger
Hope for the COVID-19 vaccine and optimism ahead of employment data are boosting stocks as a long holiday weekend of July 4 awaits US investors. But as cities and businesses roll back reopens, some suggest caution with June payrolls (weekly jobless figures are coming, too). Christopher Dembik, head of macroeconomic …
Read More »Tesla’s stock price target rose to $ 2,000 per Wedbush, making it the highest among FactSet analysts
Wedbush analyst Dan Ives raised his target share price for Telsa Inc. TSLA, + 3.68% to $ 2,000 from $ 1,250 on Friday, making him the highest among analysts on FactSet. “We believe that with demand for the Model 3 acceleration stronger than expectations in China in the summer period, …
Read More »McDonald’s postpones reopening plans as coronavirus cases rise
McDonald’s Corp. is pausing to reopen the dinner service in the US as coronavirus cases continue to spread across the states. The hamburger giant said Wednesday it would wait three weeks before new US restaurants add a dinner service to its hawker, takeaway and delivery operations. “Our resistance will be …
Read More »European stocks and US futures rise above long-awaited jobs data
European stocks and US futures rose early on Thursday as investors anticipated encouraging job data and held on to hopes of a vaccine. Pan-European Stoxx 600 SXXP, + 1.09% It increased 1.3%, following strong gains in Asian markets overnight. The German DAX DAX, + 1.76% The French CAC PX1 rose …
Read More »