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Stock Market News: Coronavirus Lockdowns Help Roku; Margin Smacks Invesco Mortgage
The stock market got a huge boost Tuesday morning, with major market benchmarks seeing sharp moves to the upside. The gains came despite the fact that lawmakers still haven't agreed on a final
2 Stocks Insiders Have Been Buying During the Coronavirus Market Crash
The stock market is taking a beating from the coronavirus disease 2019 (COVID-19) pandemic, which promises to significantly hurt the U.S. and world economies.
As of Monday, the S&P 500 index had
Why Align Technology, Insulet, and Intuitive Surgical Stocks Are Soaring Today
Several medical device stocks are soaring today as investors anticipate that the U.S. Congress will pass a stimulus bill to boost the economy during the crisis caused by the coronavirus pandemic
Does the Coronavirus Pandemic Show Burlington Stores Needs an E-Commerce Site After All?
Two weeks ago, it didn't seem so crazy for Burlington Stores (NYSE: BURL) to announce it was doing away with its e-commerce platform. Because online sales made up a negligible portion of its
Report: Company Developing Private Space Station Lays Off All Employees
Bigelow Aerospace, the space company that attached an inflatable storage room to the International Space Station (ISS) in 2016, is laying off its entire workforce here on Earth. SpaceNews.com
Why Shares of Airlines Are Soaring Today
Airline stocks have been stuck on the tarmac for the last week or so, with investors waiting to find out if the industry would get the $50 billion in government assistance it has requested to help
Ford Confirms Its Factories Will Stay Closed Past March 30
Ford Motor Company (NYSE: F) said that its manufacturing facilities in North America, which were closed last week for heavy cleaning, will not reopen on March 30 as hoped.
In a statement, Kumar
Why Starbucks' Shares Are Surging Today
Shares of Starbucks (NASDAQ: SBUX) surged on Tuesday morning, after its CEO said that the company's balance sheet is strong and that it is applying lessons learned in China to get through the
Coronavirus Credit Crunch: One Place to Find Soaring Yields Right Now
The coronavirus pandemic has had a dramatic impact on everyone's daily lives, and the financial ramifications are enormous. Initially seen as simply a temporary disruption, the COVID-19 outbreak has
Don't Expect Disney World and Disneyland to Open Next Week
If we go by the timeline that Disney (NYSE: DIS) originally spelled out for its domestic theme parks, Disneyland in California and Disney World in Florida could reopen as early as next week. The
Small Businesses Hit Hard by Coronavirus Crisis, Survey Finds
America's small businesses are struggling to stay afloat during this coronavirus (COVID-19) pandemic, according to a recent survey by Goldman Sachs (NYSE: GS).
The survey of more than 1,500 members
3 Reasons Walmart Is a Buy Right Now
As the COVID-19 coronavirus outbreak knocked the market into bear territory, Walmart (NYSE: WMT) shares resisted. The stock has slipped only 3.8% so far this year, compared with a 31% loss for the
You Can Get This Free Nike Service in the Wake of the Coronavirus
To do its part in helping people manage through staying at home, Nike (NYSE: NKE) announced that it's making programming from its Nike Training Club (NTC) service available free for whoever wants to
Unilever Makes Cash Commitment to Workers, Retailers, and Vendors
Unilever (NYSE: UL) has taken bold steps to take care of not only its workers, but also its vendors and retailers. The company has committed 500 million euros (roughly $580 million) of "cash flow
How Five Below Plans to Weather the Storm
Five Below (NASDAQ: FIVE) announced earnings for the fourth quarter last week that were in line with management's previously revised outlook. The discount chain opened six new stores during the
If You've Got $5,000, Buy These Five Top Stocks Right Now
As the COVID-19 coronavirus races across the globe and the U.S. teeters on the brink of recession, it might be tempting for investors to bury their heads in the sand and forego any new investments
2 Incredibly Cheap Social Distancing Stocks
Social distancing is a new reality both here in the United States and around the world -- for the near term, at least. Investors looking for a place to turn may find it in the stocks of companies
Alphabet’s YouTube Lowers Streaming Speeds Across the Globe
In an effort to avoid overtaxing the Internet, Alphabet's (NASDAQ: GOOG) (NASDAQ: GOOGL) YouTube announced it is slowing down its streaming speeds across the globe.
Initially, YouTube had adjusted
Why Shares of General Motors Are Surging Today
Shares of General Motors (NYSE: GM) were rising on Tuesday, after the company announced measures to bolster its balance sheet -- but didn't cut its dividend.
As of 10:30 a.m. EDT, GM's shares were
Intel Pauses Its $20 Billion Share Buyback Plan Due to the COVID-19 Pandemic
Semiconductor giant Intel (NASDAQ: INTC) is reacting to the COVID-19 pandemic by tapping the brakes on its massive share buyback program.
In an SEC filing early Tuesday morning, Intel said that it
Why Shares of Ford Motor Company Are Rising Today
Shares of Ford Motor Company (NYSE: F) were up sharply on Tuesday morning, on optimism about the U.S. economy and after the company announced a series of efforts to produce urgently needed equipment
4 Things to Do Instead of Watching Your 401(k) Balance Drop
The expression "waiting for the other shoe to drop" originated in late-19th century New York. Apparently, you'd commonly hear your upstairs neighbor take off one shoe and drop it on the floor. Then
NVIDIA Leads in Self-Driving Car Technology: Report
A mass rollout of self-driving cars is still years away, but more than 70 companies around the world are investing heavily in the technology. These companies span legacy automakers, suppliers
Novavax Gets a Big Win for Its Flu Vaccine in Phase 3 Trial
On Tuesday, vaccine-specialist Novavax (NASDAQ: NVAX) reported positive news from the phase 3 trial for its flu vaccine, NanoFlu: The treatment met both the primary and secondary endpoints of the
Fortifying Its Financial Position, Royal Dutch Shell Reduces 2020 Spending and Suspends Share Buybacks
In response to the current market volatility, Royal Dutch Shell (NYSE: RDS.A) (NYSE: RDS.B) announced several steps yesterday that it's taking in order to "reinforce the financial strength and


