The US stocks dived deep in the red territory as the World Health Organization declared the COVID-19 coronavirus outbreak a global pandemic.
Stocks dive deep in red amid global pandemic declaration
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Markets
Is the US economy heading into a recession?
The US stock market has been impacted by the COVID-19 outbreak, which has been spreading outside the China region at a faster-than-expected
Most firms think it is too early to gauge the impact of coronavirus
Wall Street firms that reported financial results last week had mixed views on the impact of the COVID-19 crisis on their businesses.
Stock trading halted after sharp falls on coronavirus fears
The trading of US stocks remained temporarily halted on Monday as the stocks dipped sharply due to the oil price plunge and
Major companies that cut guidance due to the coronavirus
The coronavirus outbreak has hit the US stock markets hard. A lot of companies have been impacted with many of them having
US stocks plummet to the worst since 2008 crisis amid coronavirus outbreak
The markets experienced the worst nightmare week since the 2008 financial crisis as the stocks remained in the red due to the
Why Disney + could go from strength to strength in the near future
Walt Disney (NYSE: DIS) reported its Q1 2020 results on Tuesday and it can be safely said that the highlight of the
After a busy year, smartwatch market is poised to witness stiff competition
With the cellphone market rapidly nearing the saturation point, it is estimated that smartwatches are the next big thing in consumer electronics.
Goldman Sachs trades in positive territory after segment change
Shares of Goldman Sachs (NYSE: GS) were up over 1% in afternoon trade after the company announced a revamp of its business
Bed Bath & Beyond’s stock gains on real estate deal
Shares of Bed Bath & Beyond (NASDAQ: BBBY) were up around 3% in midday trade after the company announced the completion of
Nio’s stock gains continuing its rally
NIO Inc.’s (NYSE: NIO) shares gained over 4% in morning hours on Friday after dropping around 7% in premarket hours. The stock
Chipotle’s stock gains as new menu launch brings optimism
Chipotle Mexican Grill’s (NYSE: CMG) shares were up 1.8% in mid-day trade on Thursday after the company announced menu changes that have
Boeing’s stock gains after announcement of CEO change
Boeing’s (NYSE: BA) shares were up 2.6% in midday trade after the company announced changes to its management team. Boeing stated that
Aurora Cannabis’ stock tanks amid new corporate developments
Shares of Aurora Cannabis (NYSE: ACB) fell over 8% in morning trade on Monday as the company announced several updates from the
Nike’s stock stays in red territory despite strong quarter
NIKE Inc.’s (NYSE: NKE) shares were down 1.2% in afternoon hours on Friday despite the company posting strong results for the second
Adobe’s stock gains from solid quarterly results
Adobe Inc.’s (NASDAQ: ADBE) stock was up 4.5% in afternoon trade on Friday after the company reported solid fourth-quarter 2019 results a
Lululemon’s stock still in red zone despite a strong quarter
Lululemon Athletica’s (NASDAQ: LULU) stock was down 4.5% in afternoon hours on Thursday despite the company reporting strong third-quarter 2019 results a
GameStop’s stock stays in the doldrums after disappointing quarter
GameStop Corp.’s (NYSE: GME) shares were down over 18% in afternoon trade on Wednesday after the company reported another weak quarter. The
Home Depot’s stock sees a dip after providing preliminary FY2020 guidance
Shares of The Home Depot (NYSE: HD) remained down 1.8% in morning hours on Wednesday after the company provided a preliminary outlook
Five high-profile CEO departures in the past one month
2019 seems to be a record year in terms of CEO exits. The departures of these CEOs have been due to various
General Electric to freeze pension plans to cut down debt
General Electric (NYSE: GE) has announced three key strategic decisions related to its US retirement benefits in order to reduce debt and