The ongoing coronavirus pandemic has already impacted the world economy on an unprecedented scale. Per a Fitch Ratings report, the world economy is expected to see a decline of 1.9% in 2020 with the United States, Eurozone and U.K. GDP slipping 3.3%, 4.2% and 3.9%, respectively.
The year 2020 is touted as one which will witness network experience transformation through widespread implementation of 5G. The fifth-generation network, which boasts faster download speeds thereby facilitating seamless transfer of data, has gained immense significance amid the
Record upside surprises in U.S. economic data are bolstering the case for a “V” shaped recovery from the COVID-19 recession and boosting investor confidence in a stock rally that has already delivered hefty gains in recent months.
It's hard to find an investor who hadn't already assumed some form of second wave of COVID-19 when economies reopen, so why did stock markets panic at the hint of a relapse last week?
Four months is an eternity in pandemic politics. As recently as February, Finance Minister Olaf Scholz was Germany's Mr Thrift, a devotee of the "black zero" balanced-budget rule.
Investors in Avis Budget Group, Inc. CAR need to pay close attention to the stock based on moves in the options market lately. That is because the Jul 17, 2020 $23.00 Put had some of the highest implied volatility of all equity options today.What is Implied Volatility?Implied vo
iRobot Corporation IRBT was a big mover last session, as the company saw its shares rise nearly 10% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now tradin
Taiwan's export orders likely edged up in May, as global demand for technology products during the coronavirus pandemic remained strong while people sheltered at home, a Reuters poll showed.
Business sentiment of Asian companies sank to an 11-year low in the second quarter, a Thomson Reuters/INSEAD survey found, with some two-thirds of the firms polled flagging a worsening COVID-19 pandemic as the biggest risk over the next six months.
Worries about the deepening impact of the new coronavirus kept Japanese business confidence depressed in June, as firms braced for a prolonged global economic downturn, the Reuters Tankan survey showed on Wednesday.
Tesla (TSLA) closed at $982.13 in the latest trading session, marking a -0.89% move from the prior day. This move lagged the S&P 500's daily gain of 1.9%. At the same time, the Dow added 2.05%, and the tech-heavy Nasdaq gained 1.75%.
Shopify (SHOP) closed at $805.76 in the latest trading session, marking a +0.04% move from the prior day. This change lagged the S&P 500's 1.9% gain on the day. Elsewhere, the Dow gained 2.05%, while the tech-heavy Nasdaq added 1.75%.
Verizon Communications (VZ) closed at $56.92 in the latest trading session, marking a +1.37% move from the prior day. This change lagged the S&P 500's 1.9% gain on the day. Elsewhere, the Dow gained 2.05%, while the tech-heavy Nasdaq added 1.75%.
Coca-Cola (KO) closed the most recent trading day at $46.77, moving +1.02% from the previous trading session. This move lagged the S&P 500's daily gain of 1.9%. Meanwhile, the Dow gained 2.05%, and the Nasdaq, a tech-heavy index, added 1.75%.
Southwest Airlines (LUV) closed at $36.57 in the latest trading session, marking a +0.63% move from the prior day. This change lagged the S&P 500's 1.9% gain on the day. Meanwhile, the Dow gained 2.05%, and the Nasdaq, a tech-heavy index, added 1.75%.
Amazon (AMZN) closed the most recent trading day at $2,615.27, moving +1.66% from the previous trading session. This change lagged the S&P 500's 1.9% gain on the day. Elsewhere, the Dow gained 2.05%, while the tech-heavy Nasdaq added 1.75%.