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Wayfair Says Sales Trends Spiked in Late March
Wayfair (NYSE: W) issued a sales update on Monday that contained mostly good news for investors. The e-commerce specialist noted a sharp demand increase as consumers hunkered down in their homes in
Community Bankers Urge Treasury, SBA to Fix Flawed Loan Rollout
Citing the "flawed launch" of the federal Paycheck Protection loan program, the Independent Community Bankers of America (ICBA) has made several recommendations to Trump administration officials to
Immunomedics Halts Phase 3 Trial of Breast Cancer Drug Because of Compelling Efficacy
On Monday, Immunomedics (NASDAQ: IMMU) announced it was halting its successful phase 3 study of sacituzumab govitecan as a treatment for triple-negative breast cancer, on the advice of its Data
Why Ford Motor Stock Is Rising Today
Shares of Ford Motor Company (NYSE: F) are rising on Monday morning, up 5.7% as of 11 a.m. EDT, amid a broad-based market rally following signs that social-distancing measures to limit the spread of
Is Goldman Sachs On the Right Course?
The coronavirus crisis will force a lot of banks to rethink how they do business, certainly in the short term and likely in the long term, too. Goldman Sachs (NYSE: GS) has already been
Wayfair Says Business Is Booming Amid Coronavirus; Shares Surge
Shares of Wayfair (NYSE: W) opened sharply higher on Monday, up 35.5% as of 10 a.m. EDT, after the company said in a statement that its business is booming right now, despite the coronavirus -- and
Ulta Beauty Slows Its Expansion Plans
Before the coronavirus pandemic, Ulta Beauty (NASDAQ: ULTA) was growing quickly. That has obviously changed in the short term as the retailer has been forced to close all its stores and operate as
Jamie Dimon Says JPMorgan Chase Will Be Just Fine
First, the bad news. JPMorgan Chase (NYSE: JPM) CEO Jamie Dimon warned investors in his annual letter that the bank's earnings "will be down meaningfully in 2020."
This shouldn't come as a major
J.C. Penney Bucks Trend, Pays Its April Rent
While Cheesecake Factory (NASDAQ: CAKE) declared it will stop paying rent during the coronavirus pandemic and other companies have called for a "rent strike," one unlikely retailer, J.C. Penney
Wells Fargo Limits Stimulus SBA Lending to $10 Billion
Wells Fargo (NYSE: WFC) said in a statement Sunday it will need to limit its participation in the government's massive small-business lending program to $10 billion due to regulatory restrictions.
T
2 Profitable Marijuana Stocks to Buy for 2020 and Beyond
The Canadian cannabis industry has been plagued with plenty of issues since its inception. Many pot companies have experienced massive declines in their market value over the past year. The slow
CVS Health to Open Rapid Drive-Through COVID-19 Testing Sites
Some CVS Health (NYSE: CVS) customers are getting a fast new option for COVID-19 testing. Healthcare providers that normally work at the company's retail medical clinics in Georgia and Rhode Island
Why Tesla Stock Jumped Monday
Shares of Tesla (NASDAQ: TSLA) popped on Monday, with shares rising as much as 8.5%. As of 10:17 a.m. EDT, the stock was up 7.3%
The electric-car maker's move higher was likely primarily fueled by a
Airlines' Coronavirus Cash Crunch Deepens With DOT Refund Ruling
The rapid spread of COVID-19 throughout the U.S. over the past month has decimated air travel demand, as public health authorities have urged Americans to avoid all nonessential travel. Most people
Why Adaptimmune Therapeutics, Atreca, and CRISPR Therapeutics All Tanked In March
March wasn't kind to any asset class because of the COVID-19 pandemic. But the month took a particularly heavy toll on risky clinical-stage biotech stocks. Shares of Adaptimmune Therapeutics
Tim Hortons Opening 400 Locations in Canada to Truck Drivers
Tim Hortons, one of the three biggest subsidiary brands of Restaurant Brands International (NYSE: QSR), is opening 400 locations to truck drivers carrying food and other essentials along the highway
Forget Sogou, Baidu Is a Better Chinese Tech Stock
Sogou (NYSE: SOGO), which owns China's second-largest search engine and its top mobile keyboard app, recently turned heads with its expanding user base and stabilizing profits. Its revenue and
Why Best Buy Stock Lost 30% in March
Best Buy (NYSE: BBY) stock underperformed the market last month. Shares fell 30% compared to a 12.5% drop in the S&P 500, according to data provided by S&P Global Market Intelligence.
That slump
Why Amarin Stock Imploded in March
Amarin (NASDAQ: AMRN) lost a staggering 72.7% of its value in March, according to data from S&P Global Market Intelligence. The drugmaker's shares collapsed late in the month following an adverse
Why Units of Enable Midstream Partners Plunged Nearly 59% in March
Units of master limited partnership Enable Midstream Partners (NYSE: ENBL) nosedived 58.6% in March, according to data provided by S&P Global Market Intelligence. Weighing on the midstream company
Disney Wisely Stops Collecting Payments from Theme Park Annual Passholders
If there's no way to have fun at the happiest places on Earth, even the biggest Disney (NYSE: DIS) fans don't want to keep paying for the privilege.
When the House of Mouse temporarily closed its
41% of Americans Are Nervous About Investing Right Now. Here's Why You Shouldn't Be
The coronavirus has affected nearly every aspect of American society, and even those who are fortunate enough to have not been affected from a health perspective have likely seen their finances take
Investing Lessons From the Luckin Coffee Accounting Fraud Debacle
For investors who had bought into the growth story of Luckin Coffee (NASDAQ: LK), last week was brutal. On April 2, the high-flying growth stock plummeted nearly 80% after the company issued a press
Why AbbVie Stock Tanked in March
Shares of AbbVie (NYSE: ABBV), a blue-chip biopharma, fell by a staggering 11.1% in March, according to data from S&P Global Market Intelligence. This large-cap biopharma thus lost approximately $20
Disney Announces New Release Dates for Upcoming Movies
Disney (NYSE: DIS) may already be giving investors a clue about when its business could return to normal operations. On Friday, April 3, the company announced new release dates for its 2020 slate.


