News
MGM Resorts Won’t Accept Coronavirus Bailout Money
MGM Resorts (NYSE: MGM) is the biggest casino operator on the Las Vegas Strip, and though all of its resorts in the country are closed and those it has in China are suffering from dramatically lower
4 Oil Producer Stocks Crashing While the Market Is Up
Oil stocks have been having another bad day on March 30. While the S&P 500 index is up 2.6% as of 1:01 p.m. EDT, many companies involved in the oil and gas industry are seeing their stocks fall
Cigna and Humana Join Aetna in Waiving COVID-19 Patients' Cost-Sharing Payments
Heath insurers Cigna (NYSE: CI) and Humana (NYSE: HUM) are waiving co-payments and cost-sharing for patients with COVID-19, the disease caused by the new coronavirus. CVS Health's (NYSE: CVS) Aetna
HEXO Corp. (HEXO) Q2 2020 Earnings Call Transcript
Six Flags Extends Its Park Shutdown Until the Middle of May
Texas-based amusement park company Six Flags Entertainment (NYSE: SIX) said today that their entire lineup of waterparks and theme parks will remain closed at least through the middle of May
5 Metrics Behind Zoom Video's Soaring Stock Price
Shares of videoconferencing stock Zoom Video Communications (NASDAQ: ZM) have been soaring recently. In just three months, they are up 145%, versus a 20% decline in the S&P 500 over this same time
Shares of Gap Are Dropping After an Analyst Downgrade
Shares of Gap Inc. (NYSE: GPS) were moving lower on Monday, after a key analyst downgraded the company on growing concerns about extended retail shutdowns as the U.S. and Canada battle the
Axsome Therapeutics' Key Drug Candidate Whiffs in Phase 3 Trial
Axsome Therapeutics (NASDAQ: AXSM) on Monday released the data from its phase 3 trial for AXS-05 in patients suffering from treatment-resistant depression (TRD), and it was not quite what the
Shopping From Home Gets Harder As Instacart Workers Strike
Instacart workers are going on strike.
Social distancing and fear of the coronavirus have sparked a huge increase in Americans ordering their groceries online for delivery through services such as
About to Buy Penny Stocks? Look at These 3 Companies First
High-risk investors should forget about penny stocks, those micro-caps that are perpetually small. In a market that's been crushed by the COVID-19 pandemic, it's a wonderful time to buy major
Molson Coors Pulls Another Ad During Pandemic
Less than three weeks after it pulled a television ad that was deemed inappropriate during the coronavirus pandemic, Molson Coors (NYSE: TAP) finds itself having to pull another one from the
It's Official: The Tokyo Olympics Are Moving to the Summer of 2021
The COVID-19 pandemic strikes again. The Tokyo Olympics of 2020 has been rescheduled to the summer of 2021.
The International Olympic Committee (IOC) announced the change on Monday, moving the
Why Shares of Spirit Airlines Are Falling Today
Shares of Spirit Airlines (NYSE: SAVE) fell 21% at the open on Monday, and were down 11% at noon, after the discount airline adopted a so-called poison pill to ward off unsolicited takeover
3 Productive Activities While Stuck At Home Due to Coronavirus
Coronavirus is undoubtedly going to cause widespread economic harm and has the potential to reshape the world in which we live. The digital economy just got a huge shot in the arm at the expense of
Here's Why Alliance Resource Partners Stock Fell as Much as 13.9% Today
Shares of Alliance Resource Partners (NASDAQ: ARLP) fell nearly 14% today after the company outlined steps it has taken or will take to position itself in the current environment. Energy demand and
Here's How Much Revenue Digital Advertising Giants Are Losing Due to Coronavirus
In late March, Twitter (NYSE: TWTR) released an update to investors withdrawing its previous financial guidance for the first quarter. The next day, Facebook (NASDAQ: FB) said it's seen weakening in
Shares of Bed Bath and Beyond Are Dropping After a Credit Downgrade
Shares of Bed Bath and Beyond (NASDAQ: BBBY) were moving lower on Monday, after Standard & Poor's cut the company's credit rating to deep-junk levels.
As of noon EDT today, Bed Bath and Beyond's
1 Company Missing Out on the Streaming Surge
Everyone's spending a lot more time at home as they practice social distancing. With kids home from school and few social activities in which to partake, many have turned on the television a lot
Amazon Using Higher Pay to Lure Employees to Grocery Unit
In the face of surging demand and a shortage of employees, Amazon (NASDAQ: AMZN) is offering higher pay for workers to move to its Whole Foods Market to pick groceries and pack them for home
Now Is Not the Time to Buy Casino Stocks
The COVID-19 pandemic is upending traditional investing considerations as companies post earnings results for a time that has little bearing on what they're facing today. Casino operators are a
Is FireEye Stock a Buy?
FireEye (NASDAQ: FEYE) lost about a third of its value this year due to two major challenges. First, the cybersecurity firm's first-quarter guidance disappointed investors in February. Second, the
Medtronic Makes Plans for a Ventilator Open-Source
On Monday, Medtronic (NYSE: MDT) made public all the schematics and software required to build a portable ventilator, and authorized anyone to use them for free to manufacture the lifesaving devices
Dow Jones News: Microsoft Cloud Demand Soars; United Technologies' Merger Almost Complete
The stock market was staging a small rally on Monday morning, with the Dow Jones Industrial Average (DJINDICES: ^DJI) up 1.2% at 11 a.m. EDT. Over the weekend, U.S. President Donald Trump extended
The Surprising Coronavirus Request Big Banks Are Making
The coronavirus pandemic has become a global health crisis, affecting people in dozens of countries around the world. It's also had massive economic impacts, and many see the effects of the
The 3 Most Important Numbers in HEXO's Horrible Q2 Results
HEXO (NYSE: HEXO) announced its fiscal 2020 second-quarter results before the market opened on Monday. And those results weren't what investors had hoped for, as evidenced by the stock's