KEY POINTS “A lot is still in play, I think it’s still challenging to get a deal across the finish line,” said Helima Croft of RBC Capital Markets. Even if a deal is reached, however, she said it is unlikely to solve the price situation immediately because
e all know the FAANGs trade — and that all of them happen to be part of the Nasdaq-100® Index (NDX). But while Facebook (FB), Amazon (AMZN), Apple (AAPL), Netflix (NFLX) and Google (GOOG) represent substantial market cap, they are just five components of the
The U.S. dollar edged higher on Wednesday in choppy trading, attracting safe-haven bids, as optimism faded that the coronavirus crisis may be nearing a peak and investor concerns remained over the economic fallout of the pandemic. The greenback’s firmer tone came after U.S. equities ended
KEY POINTS Gas prices at distributors are falling fast as the U.S. gasoline supply grows and demand has been cut in half due to stay-at-home orders. Analysts said gas prices at the pump could fall to under $1 in more parts of the country, and
KEY POINTS New York Gov. Andrew Cuomo said coronavirus deaths across the state hit a third-straight daily record with 799 fatalities on Wednesday. While the number of deaths is climbing, the rate of new cases is starting to level off, Cuomo said. But he warned
KEY POINTS There are about 8 million individual landlords in the U.S., those who typically own between one and 10 properties. They own and manage half the rental properties in the nation and house about 48 million renters. Unlike large real estate companies and REITs
KEY POINTS DocuSign CEO Dan Springer said Tuesday the company has not noticed a decline in activity among its clients in the real estate industry despite the economic shock from the coronavirus. “While a lot of people are concerned there is going to be a
KEY POINTS Chamath Palihapitiya, founder and CEO of investment firm Social Capital, said the U.S. shouldn’t be bailing out billionaires and hedge funds during the coronavirus pandemic. Palihapitiya added that he was concerned that the Federal Reserve’s plans to support to economy during COVID-19 is