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GE Working with Banks on New Loan Agreement, Report Says
General Electric Co. (NYSE: GE) is working with banks to replace a current loan agreement with a package that would be a lower amount, and shorter maturity, according to a Reuters report. It said
Zoom's Daily Active Users Surged to 200 Million in March... and That's Part of the Problem
Zoom Video (NASDAQ: ZM), the popular video conferencing platform, has seen its usage skyrocket amid the COVID-19 pandemic as hundreds of millions of people are sheltering in place, working from
New Roku Update Lets You Find Films to Stream Using Movie Quotes
Roku (NASDAQ: ROKU) is rolling out a new operating system with voice support that, aside from working with Alexa and Google Assistant voice assistants, also lets you find movies to watch by using
Stock Market News: Starbucks Climbs, Luckin Crashes on China Coffee Scandal
The stock market bounced higher Thursday morning, clawing back some of the ground it lost on Wednesday. The latest news on the economy was dire, as initial claims for unemployment benefits nearly
Here's Why Genworth Financial Is Soaring Today
Thursday is shaping up to be a relatively calm day for the stock market, but one stock that is seeing a major upside move is Genworth Financial (NYSE: GNW). As of 10:45 EDT, the mortgage and
Why Simon Property Malls Will Be a Long-Term Coronavirus Winner
Efforts to stem the coronavirus pandemic have forced many retailers to close, and malls have mostly shut their doors (with the exception of essential stores that are still in limited operation)
2 Ultra-High-Growth Stocks I'd Buy Right Now
Investing in the middle of a global pandemic is tricky, to be sure. Scores of companies are going to post dreadful first-, second-, and perhaps even third-quarter earnings this year. The market, in
Why Shares of Luckin Coffee Are Tumbling Today
Shares of Luckin Coffee (NASDAQ: LK) plunged more than 70% on Thursday after the Chinese coffee retailer said its board was investigating allegations that a senior executive had fabricated
Luckin Coffee Stock Plummets After Report of Inflated Sales Scandal
Jian Liu, the chief operating officer of Luckin Coffee (NASDAQ: LK), inflated sales figures by fabricating transactions and expenses at least from April 1 through Sept. 30, according to a press
3 Top Stocks With High Dividend Yields
The coronavirus market crash has sent yields of several dividend stocks shooting through the roof. A high dividend yield can be alluring, but savvy income investors should avoid getting trapped, as
Ventas and Healthpeak Are Changing the Math on Their Senior Housing Portfolios
Reaction to the coronavirus pandemic has changed the world as we know it, but even before the virus started to really expand its presence the United States, Ventas (NYSE: VTR) and Healthpeak (NYSE:
Why Amgen Stock Sailed Through March Without a Scratch
While the broader markets took a historic beating during the month of March, shares of the biotech heavyweight Amgen (NASDAQ: AMGN) actually gained a modest 1.5% last month, according to data from
ExxonMobil Joins Fight Against Coronavirus, Will Help Produce PPE
American industry is enlisting to fight in the war against coronavirus.
It's been two weeks now since President Trump announced he will exercise his powers under the Defense Production Act to
If Carnival Stock Is Worth $8, What About Royal Caribbean and Norwegian Cruise Line?
In a humbling but necessary move, Carnival Cruise Line (NYSE: CCL) (NYSE: CUK) completed a secondary stock offering to raise $500 million. The world's largest cruise line was initially hoping to
Amgen Teams Up With Adaptive Biotechnologies to Develop COVID-19 Therapy
Amgen (NASDAQ: AMGN) and Adaptive Biotechnologies (NASDAQ: ADPT) announced on Thursday that they will collaborate to develop a therapy targeting novel coronavirus disease COVID-19. Their joint
Disney+ Will Overtake Netflix in India on Launch Day
Disney (NYSE: DIS) is moving forward with its plans to launch Disney+ in India through its Hotstar streaming service, despite the postponement of the Cricket World Cup. The big sports event, which
Will Netflix Earnings Highlight a Spike in Subscriber Growth?
With the coronavirus and volatile markets dominating headlines, it's easy to forget that earnings season is just around the corner. Companies will soon be reporting their first-quarter results, as
Fearing for Suppliers, German Automakers Push Merkel to Reopen
German Chancellor Angela Merkel and executives at Germany's automakers are pondering when and how to restart automotive production, amid fears that some key suppliers may not have the cash to wait
3 Social-Distancing Stocks to Buy Right Now
As the number of cases of COVID-19 continues to surge in the U.S. and around the world, President Trump has extended national social-distancing guidelines for several more weeks. By encouraging
As Xerox Walks Away, HP Faces an Uncertain Future
Xerox (NYSE: XRX) recently ended its hostile bid for HP (NYSE: HPQ) amid the escalating COVID-19 crisis. Xerox's final offer for HP was valued at $24 per share, but the offer consisted of $18.40 in
Shopify Suspends Guidance for 2020 Amid Coronavirus Pandemic
The e-commerce solutions provider hasn't been immune to the economic weakness caused by COVID-19. Shopify (NYSE: SHOP) handles e-commerce solutions for many brick-and-mortar stores that have felt
5 States Where Coronavirus Layoffs Are Hitting the Hardest
The economic damage of the coronavirus pandemic continues to worsen, as stay-at-home orders have made more nonessential businesses shut their doors. The disruptions have had a huge effect on the
How Coronavirus Affects Your Retirement Distributions
As if you weren't already worried about running out of money in retirement, recent stock market volatility may have wiped away 20% of your life savings. But don't start making plans to move in with
Novavax Stock Could Easily Triple in Value
The clinical-stage vaccine company Novavax (NASDAQ: NVAX) has been one of the few bright spots in this dour market. The biotech's shares, in fact, have gained a stately 252.8% so far this year
Disney Is Buying More Land. Is a New Theme Park on the Way?
While Walt Disney (NYSE: DIS) stock is reeling from coronavirus-related losses and theme parks remain closed in the U.S. indefinitely, the Orlando Business Journal disclosed that county records show


