Keith Cunningham from South Carolina Walt Disney Clothing Stores at Bargain World Gift Shop near Walt Disney World, where it is undergoing a phase reopening of coronavirus (COVID-19) disease in Lake Buena Vista , Florida, July 11, 2020. Octavio Jones | Reuters Retail sales rose to a record high in …
Read More »DraftKings, Tesla, Macy’s and more
The website of fantasy sports DraftKings Scott Olson | Getty Images Here are the stocks that make headlines in midday trading: Tesla – Shares of the electric car company rose more than 1% after two companies upgraded the stock. Morgan Stanley lifted its rating to equal weight underweight on Thursday …
Read More »Hot gambling stock DraftKings falls 6% to greater loss than expected
DraftKings fell more than 5% in premarket trading on Friday after it said its loss for the second quarter grew, despite strong revenue and a turnaround in user participation. The Boston-based gambling company posted a second-quarter loss of $ 161.4 million, or 55 cents a share, compared to a loss …
Read More »European shares tumble after UK adds six more countries to its COVID-19 travel guarantee list
Matthew Horwood / Getty European stocks fell on Friday as the UK added six more countries to its 14-day COVID-19 quarantine list. The UK’s FTSE 100 benchmark fell 1.9% and the Euro Stoxx 50 fell 1.6% in early European trade. The decision, which goes into effect on Saturday, implies that …
Read More »Retail sales July 2020:
Consumers brought in less than expected in July as a decline in car sales helped cool an economy struggling to shake off the effects of the coronavirus pandemic. Retail sales rose 1.2% in 1.2 months, against the expected increase of 2.3% in economists surveyed by Dow Jones. However, the news …
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