Former FDA chief Scott Gottlieb, left, and former Secretary of Health and Human Services Michael Leavitt, center, are advising Royal Caribbean and Norwegian on security protocols for navigating the pandemic era. Royal Caribbean CEO Richard Fain says the findings will be made public. Getty Images (1); Bloomberg (2) Text size …
Read More »Why might NIO, Tesla, and other EV actions be in bubble territory?
Text size Workhorse, NIO, Tesla, Nikola, and Tortoise have gained nearly 180% in the past month. Now its shares are trading, on average, 146% above Wall Street’s price targets. When stocks go up like this, they become difficult to value. STR / AFP via Getty Images Shares of an electric …
Read More »Stock futures are going nowhere. There is a message in the market unrest.
Text size Photograph by Michael Nagle / Bloomberg On Sunday night, the stock market is doing what it seems to do best these days: go sideways. Dow Jones Industrial Average futures are up 90 points, while S&P 500 futures are up 8 points, and Nasdaq compound futures are up 0.4%. …
Read More »Atlantic coast pipeline project canceled, environmental groups encourage decision
People visit Jacksonville Beach on July 4, 2020 in Jacksonville Beach, Florida. Photo by Sam Greenwood / Getty Images fake pictures Text size Here’s what you need to know about the coronavirus outbreak to navigate the markets today. • Duke Energy and Dominion Energy are finalizing plans to build a …
Read More »Levi Strauss, Costco, Walgreens and more stocks for investors to see this week
Text size Next week is light on both corporate earnings and economic data, but there are some economic numbers to watch. On Monday, IHS Markit releases its July Service Procurement Manager Index for July and its Composite Global PMI, while the Institute for Supply Management releases its non-manufacturing PMI. On …
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