Nasdaq News

Gold prices rose to a more than seven-year high on Tuesday as mounting fears of a steeper global economic downturn due to the novel coronavirus increased bullion's safe-haven appeal.

The dollar inched lower on Tuesday, but gains in riskier currencies were capped as traders fretted about company earnings and braced for Chinese trade data likely to show the sweeping impact of the coronavirus health crisis on economic activity.

Oil prices rose on Tuesday after a U.S. agency said shale output in the world's biggest crude producer would fall by the most on record in April, adding to cuts from other major producers.

Stage Stores Inc is asking vendors for more time to pay bills and other concessions as the discount department store chain seeks to avoid a bankruptcy filing because of the coronavirus pandemic, according to correspondence seen by Reuters.

SoftBank Group Corp shares fell 3.5% on Tuesday morning after estimating the Vision Fund will record a 1.8 trillion yen ($16.73 billion) loss in the year ended March due to the tumbling value of bets on unproven startups.

China reported 89 new coronavirus cases on April 13, down from 108 the previous day, the health authority said on Tuesday.

Lucky Strike cigarette maker British American Tobacco is under criminal investigation by U.S. regulators over suspected sanctions-busting, The Times reported https://bit.ly/2ydR5Wm on Tuesday.

(RTTNews) - KLA Corp. (KLAC) closed Monday's trading at $152.09, up $1.97 or 1.31%. The company has a market cap of $23.84 billion. The stock has traded between $119.71 and $184.50 for the past one year.

Shares of Roku (NASDAQ: ROKU) soared during after-hours trading on Monday, rising nearly 11% at one point. The stock's big jump follows a business update from the streaming-TV platform in which Roku said it saw a big impact on new account growth and viewing toward the end of its

SoftBank Group Corp shares were untraded with a glut of sell orders on Tuesday morning after estimating the Vision Fund will record a 1.8 trillion yen ($16.73 billion) loss in the year ended March due to faltering bets on unproven startups.

Cresco Labs (OTC: CRLBF) is staffing up in its home state of Illinois and is using workers displaced in other industries to do it.

Faced with a sudden drop-off in key segments of its business, Live Nation Entertainment (NYSE: LYV) is planning on making significant reductions in spending. The company announced in a business update Monday that aims to reduce its costs by $500 million this year.

Image source: The Motley Fool.

Japan's benchmark Nikkei average opened up 0.56 percent at 19,150.30 on Tuesday, while the broader Topix gained 0.29 percent at 1,409.99.

Cash-strapped Virgin Australia Holdings Ltd entered a trading halt on Tuesday, citing ongoing discussions involving financial assistance and restructuring alternatives to help it weather the coronavirus crisis.

Some large U.S. passenger airlines are close to accepting the terms of a $25 billion offer for government coronavirus payroll aid, with announcements possible as early as Tuesday, people briefed on the matter said.

Optimism drained away from Britain's financial sector in March as the coronavirus outbreak escalated, an industry survey showed on Tuesday.

As lockdowns worldwide drive a surge in internet use, boosting online sales for businesses as varied as gaming and food delivery, the stocks of internet providers are an unlikely laggard on global markets.

Partly shedding the narrow focus on essential items it adopted in response to the coronavirus pandemic, Amazon.com (NASDAQ: AMZN) intends to start allowing deliveries of non-essential goods to its warehouses sometime later this week. To ensure essential products remain prioritiz

Israeli Prime Minister Benjamin Netanyahu and his main rival Benny Gantz were nearing a deal on Tuesday to form a national emergency government to battle the coronavirus crisis and end the country's unprecedented political deadlock.