News
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
Here's Why Axsome Therapeutics Fell as Much as 14.7% Today
Shares of Axsome Therapeutics (NASDAQ: AXSM) fell nearly 15% today after the company reported results for the STRIDE-1 phase 3 study. The company's lead drug candidate, AXS-05, was pitted against an
3 Reasons Norwegian Cruise Line Stock Should Outperform Carnival and Royal Caribbean
It's hard to find a sector that's been harder hit than the cruise industry. Carnival Cruise Line (NYSE: CCL) (NYSE: CUK), Royal Caribbean International (NYSE: RCL), and Norwegian Cruise Line (NYSE:
Stock Market News: These 2 Coronavirus-Fighting Stocks Are Taking Off
The stock market gained ground on Monday, bouncing back from its Friday losses as market participants continued to watch the status of the global COVID-19 pandemic closely. The spread of the
Why Shares of Delta Are Falling Today
Shares of Delta Air Lines (NYSE: DAL) traded down more than 7% on Monday as investors continue to digest the impact of the COVID-19 pandemic on the industry. The airlines got their $50 billion
Why Fidelity National Financial Will Weather the Coronavirus Storm
Like many companies, Fidelity National Financial (NYSE: FNF) has been hammered by the market's recent selloff. The stock was down about 42% year to date through Friday's close. But if you look past
Better Buy: Disney vs. Netflix
Entertainment has never been as important as it is right now, and this should (in theory at least) be a prime time for Disney (NYSE: DIS) and Netflix (NASDAQ: NFLX) to shine. Disney is the global