|
 U.S. stock futures pointed to sharp gains early Thursday as investors digested a stronger-than-expected monthly employment report amid rising numbers of new coronavirus cases.
|
RELATED ARTICLES | | | | |
|
Record jobs gain of 4.8 million in June smashes expectations; unemployment rate falls to 11.1% CNBCJune jobs report: US economy adds better than expected 4.8 million payrolls, unemployment rate falls to 11.1% Yahoo FinanceThe US economy created 4.8 million jobs in June. But that's not the whole story CNNTo avoid a step backwards this summer, C
|
RELATED ARTICLES | | |
|
Dow futures pointed to a strong gain at Thursday's open after a double dose of jobs data.
|
RELATED ARTICLES | | |
|
 CureVac, an unlisted German company, has said it is developing portable, automated mRNA production units that it calls printers and which Musk described as "RNA microfactories". The company, based in Tuebingen and backed by the Bill & Melinda Gates Foundation, is a pioneer of the so-called messenger RNA approach, which is also pursued by BioNTech and its partner Pfizer as well as Moderna.
|
|
The latest on stock market and business news during the coronavirus outbreak.
|
|
 Stock futures surged as investors awaited a slew of critical employment data on the state of the U.S. labor market set for release later Thursday morning.
|
RELATED ARTICLES | | | | |
|
U.S. employers added a substantial 4.8 million jobs in June, and the unemployment rate fell to 11.1%, as the job market improved for a second straight month yet still remained far short of regaining the colossal losses it suffered this spring.
|
RELATED ARTICLES | | |
|
US employers added 4.8m new jobs in June, beating market expectations
|
RELATED ARTICLES | | |
|
Tesla (TSLA) Q2 2020 vehicle delivery and production numbers CNBCTesla is now worth more than Toyota, Disney and Coke CNNElon Musk Is Still Sharing Coronavirus Misinformation FuturismElon Musk congratulates Tesla employees ahead of Q2 deliveries report CNBCElon Musk's Coronavirus Self-Own To Go Down In Th
|
RELATED ARTICLES | | | | |
|
Our call of the day has charted out some highs and lows for the S&P 500 that investors need to watch out for in coming weeks and months. And here's what could cause a trigger.
|
RELATED ARTICLES | | | | |
|
Dow futures rise 200 points, as Nasdaq cues up record rally ahead of jobs report MarketWatchDow futures jump more than 400 points after much bigger than expected June jobs increase CNBCJune Jobs Report Rocks With 4.8 Million Jobs, But It Won't Last; Dow Jones Futures Surge Investor's Business DailyOpening Bell: U.S. Futures Drift After Best S&P 500 Q2 In 20 Years; USD Flat Investing.comDazed
|
|
 The economy added 4.8M jobs in June as states allowed more businesses shuttered by the coronavirus to reopen. Economists had forecast 3M gains.
|
|
The latest on stock market and business news during the coronavirus outbreak.
|
|
European private equity investor Priveq has hit a SEK2.5bn ($270m) final close for its sixth flagship fund, raised entirely during the worst of the coronavirus crisis.
|
RELATED ARTICLES | | | | |
|
It's no longer considered okay to support platforms that betray your values.
|
RELATED ARTICLES | | |
|
The stocks making the biggest moves in premarket trading include McDonald's, Tesla, JetBlue, Facebook, and more.
|
|
Exposing abuses and holding government accountable just became a lot harder
|
|
 Wedbush analyst Dan Ives raised his stock price target for Telsa Inc. to $2,000 from $1,250 on Friday, making it the highest among analysts on FactSet. "We believe with demand for Model 3's ramping stronger than expectations in China heading into the summer timeframe, the lockdown easing in the US/Europe, and some potentially "game changing" battery developments on the horizon (Battery Day another key catalyst) that Tesla's stock likely has room to run further," Ives wrote in a note to clients. The move comes a day after Tesla stock closed at a fresh record of $1,133.36, boosting its valuation to more than $207 billion and above, at least for now, Japan's Toyota Motor Corp.'s TM, -1.18% $203 billion market value. Toyota, which makes more than 8 million vehicles a year, long has been the No. 1 global car maker by market capitalization. Tesla is expected to report second-quarter sales this week, with analysts polled by FactSet expecting the sale of 72,000 vehicles in the quarter, of which 61,000 are Model 3s. "While the stock has been roaring higher, we believe the main fundamental catalyst continues to be the massive China market which is showing clear signs of a spike in demand for Musk & Co. heading into the rest of this year," Ives wrote. The analyst is expecting Tesla to reporter stronger second-quarter deliveries than the market is expecting, and could hit 450,000 for the year. Tesla shares jumped another 6.5% premarket to bring its year-to-date gain to 168%, while the S&P 500 has fallen 3.6%.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
|
|
The suicide of Alex Kearns — who thought he had lost heavily — has triggered calls for reform of online brokerages
|
|
Hundreds arrested in Hong Kong protests, as analysts weigh in on national security law's impact CNBCHundreds arrested on first day of Hong Kong national security law CNNHouse passes China sanctions as Pelosi declares 'one country, two systems' dead POLITICOHow China Scammed Hong Kong The New York Times
|
|
2020-07-02 0001104659-20-080237 236 KB
Item 2.01: Completion of Acquisition or Disposition of Assets
Item 8.01: Other Events
Item 9.01: Financial Statements and Exhibits
|
RELATED ARTICLES | | | | |
|
The U.S. trade deficit widened by 9.7% in May to $54.6 billion, the government said Thursday. Economists surveyed by MarketWatch had predicted the deficit would widen to a seasonally adjusted $53.1 billion. Exports in May fell 4.4% to $144.5 billion, while imports declined 0.9% to $199.1 billion. Total exports are down 32% from May 2019, while imports are down 25%, as the coronavirus pandemic slows global trade.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
|
|
U.S. employers added 4.8 million jobs last month as the unemployment rate fell to 11.1%. There are indications that the job growth has slowed recently amid a surge of new coronavirus infections.
|
|
UK court blocks Maduro's bid to access $1 billion in Venezuelan gold CNNVenezuela gold: UK High Court rules against Nicolás Maduro BBC NewsVenezuelan President Maduro's Claim for Gold Held in U.K. Is Rejected The Wall Street JournalVenezuela's dictatorship is gaining ground as Trump undermines Guaidó | Opinion Miami HeraldU.K. Judge Denies President Nicolás Maduro
|
|
Packers set new precedent with Jordan Love's guaranteed deal: report Fox NewsPackers sign Jordan Love to contract that includes something never given to a No. 26 overall pick, per report CBS SportsPackers sign QB Jordan Love to fully guaranteed rookie deal NFL.comThe Most Important Green Bay Packers: Sullivan Set For Expanded Role Forbes
|
|
Cosmetics company Coty Inc. said Friday it hs named Sue Y. Nabi as chief executive effective September. Nabi is founder and CEO of luxufry skincare line Orveda and a former worldwide president of L'Oreal ad Lancome. The company said it has named its current CEO Peter Harf to the role of executive chairman. Shares were up 1.9% premarket, but have fallen 62% in the year to date, while the S&P 500 has fallen 3.6%.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
|
|
The path to a COVID-19 vaccine has started to come into view this week, following the stock-moving disclosures of preliminary clinical data for two candidates and a rigorous new regulatory road map from the Food and Drug Administration.
|
|
 The stigma and shame of buying cheap wine in a cardboard package has been boxed out by the coronavirus pandemic
|
|
Higher yields usually bring an increased level of risk.
|
|
Wedbush's bullish take on Apple glosses over some serious near-term threats.
|
RELATED ARTICLES | | |
|
Pfizer released intriguing data regarding its own COVID-19 vaccine.
|
RELATED ARTICLES | | |
|
Three-in-10 Asian Americans have been targeted with slurs or jokes, while 20% of Black Americans and 26% of Asian people said they feared someone may threaten or physically attack them.
|
|
Coca-Cola Co. is discontinuing its Odwalla juice business and a refrigerated trucking network that delivered fresh drinks to stores, the latest sign of consumer-goods companies narrowing their focus during the coronavirus pandemic.
|
|
Several San Quentin Inmates On Hunger Strike Amid Alarming COVID-19 Surge HuffPost‘Horribly botched.' Lawmakers slam California prisons for ‘out-of-control' COVID-19 infections Sacramento BeeFirsthand Look Inside San Quentin Where 1000 Inmates Have Tested Positive For COVID-19 KPIX CBS SF Bay AreaCalifornia officials blasted for prison coronavirus outbreak KCRA SacramentoCOVID-19 outbreak in San Quentin causes reckoning in Marin Sacramento Bee
|
RELATED ARTICLES | | |
|
Shares of Nu Skin Enterprises Inc. jumped more than 11% in the extended session Wednesday after the maker of supplements and personal care products estimated that its second-quarter sales will be between $603 million and $608 million, above its previous forecast. That is due to "strong global customer growth with particular strength in the Americas and Europe," with online sales accounting for 80% of volume, Nu Skin said. The company had called for second-quarter sales between $520 million and $550 million previously. Nu Skin said it would report results and provide a full-year outlook on Aug. 5 after the bell. Analysts polled by FactSet expect Nu Skin to report adjusted earnings of 49 cents a share on sales of $541 million.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
|
RELATED ARTICLES | | | | |
|
Top executives of Amazon, Apple, Facebook and Google will appear before the House Judiciary Committee later this month.
|
RELATED ARTICLES | | |
|
To hear the stories of some of the business owners who received vital funds from PPP is encouraging, and a hopeful sign of America's ability to rebuild and recover.
|
|
Fox News fired Ed Henry after an investigation into "willful sexual misconduct in the workplace." In 2017, a colleague had warned against raising Henry's profile amid the network's effort to reform.
|
|
Covid-19 has prompted the cancellation of thousands of large fireworks displays to celebrate Independence Day. Without these attractions, more people than ever are setting off their own firework displays.
|
|
Video games aren't just games. They are also TV content, judging by the millions of people who watched some 1.75 billion hours of streamed video-gaming programming on Twitch, the live-stream platform for gamers, just in May alone. They're live events, too, with thousands of people showing up to watch top-level gamers face off in e-sports arenas. That makes video games big, big business. Consultant Research and Markets forecasts that the global video-game market will increase revenues at a 6.4% annualized rate between 2019 and 2024, when it will hit $179.1 billion in sales.
Work From Home ETF (WFH) Launches: What You Need to Know
Global X Video Games & Esports ETF is one of a handful of funds that allow investors to cash in on that growth. HERO sports a tight portfolio of 40 firms involved in developing, publishing, distributing or streaming video games, producing related hardware, or operating e-sports leagues or teams. The fund weights holdings by market value, so the larger the stock, the more HERO invests in it. Gaming is global, and so is HERO; it has 71% of assets invested outside of the U.S.
The ETF will only invest in companies that derive at least 50% of their revenues from video game-related businesses. That means you won't see tech conglomerates such as Sony and Microsoft in the fund. You will see graphics chipmaker Nvidia, whose products power high-end gaming rigs; Chinese internet and video gaming company NetEase; and familiar Japanese powerhouse Nintendo. "If it's a leading company in the theme, we want to own that company," says Pedro Palandrani, research analyst at Global X ETFs.
|
|
Major auto makers reported sharp drops in second-quarter U.S. vehicle sales, as sweet discounts and financing deals weren't enough to offset factory and dealership closures from the Covid-19 pandemic.
|
|
 If you are looking for the best ideas for your portfolio you may want to consider some of Amana Mutual Funds top stock picks. Amana Mutual Funds, an investment management firm, is bullish on Qualcomm Inc (NASDAQ:QCOM) stock. In its Q4 2019 investor letter - you can download a copy here - the firm discussed […]
|
|
Private Label