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Truist Sees Solid Earnings in First Quarter
Truist Sees Solid Earnings in First Quarter

In its first full quarter since it was formed in the merger of SunTrust and BB&T, Truist Financial (NYSE: TFC) reported $986 million of net income, a 31% increase compared to what the two banks

Sir Richard Branson Seeks $620 Million Bailout, Offers Island as Collateral
Sir Richard Branson Seeks $620 Million Bailout, Offers Island as Collateral

Sir Richard Branson is widely believed to be the seventh richest person in Britain, richer than the Queen of England, and the 286th richest person in the world, according to Bloomberg. His personal

Dow Jones News: 2 Downgrades for Disney; IBM Reports Earnings TodayPhoto, wide shot, wide-angle lens,  Metal fabrication, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Hiroshi Sugimoto: https://img.midjourneyapi.xyz/temp/568784d0-c41a-4663-ab01-91f29a370903.png
Dow Jones News: 2 Downgrades for Disney; IBM Reports Earnings Today

The Dow Jones Industrial Average (DJINDICES: ^DJI) opened lower on Monday as a busy week of earnings reports began. Contributing to the decline was a precipitous drop in crude oil prices, driven by

3 Things You Should Not Do With Your Stimulus CheckPhoto, wide shot, wide-angle lens,  Bank, Midday, harsh overhead sunlight, directional sunlightt, photo by Thomas Heaton: https://img.theapi.app/temp/094456a7-d529-4ef2-b536-c031f2afd618.png
3 Things You Should Not Do With Your Stimulus Check

Stimulus checks are currently on their way to Americans' bank accounts, and millions of people are expected to receive one.

Roughly half of Americans say they plan to spend the money on bills and

Restaurant Stocks Still Have a Long Road AheadPhoto, wide shot, wide-angle lens,  Fashion store, Midday, harsh overhead sunlight, directional sunlightt, photo by Ansel Adams: https://img.theapi.app/temp/4103ce22-87d6-4bef-ba44-0baf5ab280bb.png
Restaurant Stocks Still Have a Long Road Ahead

Few business sectors in the U.S. have been rattled by the coronavirus pandemic as much as restaurants.

Across the country, fast-food chains and casual-dining locales have been ordered to shut their

Procter & Gamble Talks About a "Forever Altered" Consumer Landscape
Procter & Gamble Talks About a "Forever Altered" Consumer Landscape

Procter & Gamble's (NYSE: PG) latest earnings report was a hit with investors. It showed robust sales and profit growth as the COVID-19 pandemic scrambled consumers' shopping priorities. Through

Threat of AMC Bankruptcy Postponed As Theater Operator Raises $500 Million
Threat of AMC Bankruptcy Postponed As Theater Operator Raises $500 Million

A week ago it was looking as though AMC Entertainment (NYSE: AMC) was inching closer to filing for bankruptcy protection as the coronavirus pandemic forced all movie theaters closed. Now, the

Brookfield-Backed Group Seeking $8 Billion in Funding for Pipeline DealPhoto, wide shot, wide-angle lens,  Gas company, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Sebastião Salgado: https://img.theapi.app/temp/01083d82-021d-4573-8c40-0e836a0771d6.png
Brookfield-Backed Group Seeking $8 Billion in Funding for Pipeline Deal

A group of investors -- which includes Brookfield Asset Management (NYSE: BAM) -- are working to line up bank financing to buy a stake in natural gas pipelines owned by the Abu Dhabi National Oil

Oil Prices Plunge Over 40% to Historic LowsPhoto, wide shot, wide-angle lens,  Gas company, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Sebastião Salgado: https://img.theapi.app/temp/01083d82-021d-4573-8c40-0e836a0771d6.png
Oil Prices Plunge Over 40% to Historic Lows

Oil has never been cheaper.

I know you've been hearing a lot about oil being historically cheap lately, but Monday morning's plunge appears different by an order of magnitude. Before the stock

Novartis to Test Hydroxychloroquine as Possible Coronavirus TreatmentPhoto, wide shot, wide-angle lens,  Medical device manufacturer, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Michael Light: https://img.theapi.app/temp/3a7f6312-1eee-4702-9005-93cc1e62f970.png
Novartis to Test Hydroxychloroquine as Possible Coronavirus Treatment

Over the weekend, one of the world's largest pharmaceutical companies, Novartis (NYSE: NVS) reached an agreement with U.S. regulators to begin treating hospitalized coronavirus patients with

Why Boeing Stock Dropped 5% This Morning
Why Boeing Stock Dropped 5% This Morning

Shares of Boeing (NYSE: BA) dropped more than 5% in early trading Monday before rebounding to about a 3% loss as of 11:05 a.m. EDT today. This morning, analysts at Citigroup downgraded Boeing stock

It's Too Soon to Buy AMC Stock Again
It's Too Soon to Buy AMC Stock Again

Shares of AMC (NYSE: AMC) soared 31% on Friday, and the good news didn't end with that one-day rally. B. Riley FBR analyst Eric Wold -- one of the more vocal bears on the country's largest movie

Nordstrom Takes Steps to Improve Liquidity
Nordstrom Takes Steps to Improve Liquidity

Many retailers have been hit hard throughout the COVID-19 pandemic as stores remain shuttered and customers stick to their screens. While e-commerce is thriving, it's still a relatively small piece

With Oil Unprofitable, Canadian Producers Are Shutting Down the PumpsPhoto, wide shot, wide-angle lens,  Coal company, neutral atmosphere, photo by Galina Stepanova: https://img.theapi.app/temp/0e838f13-fa33-4583-92e9-bf3375dacf70.png
With Oil Unprofitable, Canadian Producers Are Shutting Down the Pumps

Oil prices in Canada have historically sold at a discount to those in the U.S. because the country doesn't have the pipeline capacity to get all its production to market centers. That pricing

Alibaba Will Allocate $28 Billion In Three Years to Expand Cloud BusinessPhoto, wide shot, wide-angle lens,  Computer hardware manufacturer, Midday, harsh overhead sunlight, directional sunlightt, photo by Art Wolfe: https://img.theapi.app/temp/bee95973-d201-429b-849e-52867059bd1a.png
Alibaba Will Allocate $28 Billion In Three Years to Expand Cloud Business

China's technology heavyweight Alibaba (NYSE: BABA) announced that it will invest 200 billion yuan ($28 billion) on cloud infrastructure over the next three years, Bloomberg reports.

Alibaba is a

Disney to Stop Paying 100,000 Employees
Disney to Stop Paying 100,000 Employees

Entertainment giant Walt Disney (NYSE: DIS) is now suspending salary payments to over 100,000 employees, mostly cast members in its theme parks. The company employs 70,000 people in its Orlando

Why Shares of Tronox Are Falling TodayPhoto, wide shot, wide-angle lens,  Coal mine, Midday, harsh overhead sunlight, directional sunlightt, photo by Thomas Heaton: https://img.midjourneyapi.xyz/temp/25526de2-54da-40ae-ba56-1e25dead3e81.png
Why Shares of Tronox Are Falling Today

Shares of Tronox (NYSE: TROX) soared on Friday after the company released strong preliminary first-quarter results, but the mining company is giving up some of those gains on Monday as investors

Regulators Clear the Way for Pepsi's Rockstar PurchasePhoto, wide shot, wide-angle lens,  Restaurant, sunset photo at golden hour, photo by Thomas Heaton: https://img.theapi.app/temp/57273392-070f-46de-9297-125616327242.png
Regulators Clear the Way for Pepsi's Rockstar Purchase

PepsiCo (NASDAQ: PEP) is set to add a deep portfolio of energy drinks to its beverage lineup. Regulators have approved its deal to buy Rockstar, according to The New York Post, after concluding that

Why Exelixis Stock Is Skyrocketing Today
Why Exelixis Stock Is Skyrocketing Today

Shares of Exelixis (NASDAQ: EXEL) were skyrocketing 25.5% as of 11:12 a.m. EDT on Monday. The big jump came after Exelixis and Bristol Myers Squibb (NYSE: BMY) announced positive top-line results

Trex Taps New CFO as Prior CFO Moves to CEO Role
Trex Taps New CFO as Prior CFO Moves to CEO Role

Composite "wood" manufacturer Trex (NYSE: TREX) put up Q4 2019 financial results that were really fantastic, with sales leaping 18% and profits soaring 41% year over year. Of course, all of Trex

Why General Electric Stock Dropped 5% This MorningPhoto, wide shot, wide-angle lens,  Investment company, Midday, harsh overhead sunlight, directional sunlightt, photo by Thomas Heaton: https://img.midjourneyapi.xyz/temp/81ff9992-3b90-4de2-ac95-7385f4698b55.png
Why General Electric Stock Dropped 5% This Morning

Shares of industrial giant General Electric (NYSE: GE) dropped more than 5% in early trading Monday before rebounding to about a 3.3% loss as of 10:45 a.m. EDT.

The initial drop and continuing laggy

These 3 Chinese Tech Stocks Could Be in Serious Trouble
These 3 Chinese Tech Stocks Could Be in Serious Trouble

Luckin Coffee (NASDAQ: LK), which recently surpassed Starbucks as China's top coffee chain (by total number of stores), recently stunned investors after it admitted to fabricating sales figures last

Stock Market News: What Plunging Oil Means for Energy InvestorsPhoto, wide shot, wide-angle lens,  Gas company, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Sebastião Salgado: https://img.theapi.app/temp/01083d82-021d-4573-8c40-0e836a0771d6.png
Stock Market News: What Plunging Oil Means for Energy Investors

The stock market lost ground on Monday morning, but the energy market felt the biggest damage. Crude oil prices in the U.S. dropped below $11 per barrel, hitting their lowest level since the 1980s

Is Diamondback Energy Stock a Buy?
Is Diamondback Energy Stock a Buy?

This year was supposed to be Diamondback Energy's (NASDAQ: FANG) year to shine. The energy company spent years building out a large-scale operation in the Permian Basin through acquisitions and

GE Wind Turbine Blade Plant Closes Due to COVID-19 Outbreak
GE Wind Turbine Blade Plant Closes Due to COVID-19 Outbreak

A COVID-19 outbreak at a wind turbine blade facility operated by a unit of General Electric (NYSE: GE) is responsible for an additional 110 cases reported in the state of North Dakota, according