Netflix NFLX shares soared to new highs Thursday, as investors clamor for stocks that are immune to the coronavirus economic downturn. Soon, all eyes on Wall Street will likely turn to the streaming TV giant when it reports its first quarter fiscal 2020 financial results after the
Breakingviews columnists check in from home in New York, San Francisco and Hong Kong to discuss disappearing Silicon Valley perks like free meals and booze, office activism at tech firms, the mystery of China’s 20 million lost mobile-phone subscribers and an ascendant TikTok.
Earlier this morning, Morgan Stanley (MS) released their Q1 2020 earnings. They were the last of the big six American banks to do so. Now that those reports are all in, there are some common themes and some conclusions that can be drawn with implications
COVID Loan Tracker was started by small business owners Duncan and Rita MacDonald-Korth to help their fellow small business owners understand when PPP and EIDL advance money starts flowing. The site works by crowdsourcing knowledge on applications and loan disbursements. Our goal is to help
In the latest trading session, ServiceNow (NOW) closed at $291.94, marking a -1.34% move from the previous day. This change lagged the S&P 500’s 0.58% gain on the day. At the same time, the Dow added 0.14%, and the tech-heavy Nasdaq gained 1.66%. Heading into
Gig workers, freelancers and self-employed workers who lost their income due to the coronavirus may now qualify for unemployment insurance, thanks to expanded benefits included in the $2 trillion coronavirus relief package. But that lifeline, to date, has largely been a tangled mess. The majority
Two private groups are considering making approaches for Australia’s second-biggest airline Virgin Australia Holdings Ltd VAH.AX, The Australian Financial Review reported citing sources. A private equity investor has partnered with a “a strategic airline investor” to make an offer for the cash-strapped airline and the second
Nigeria’s finance minister said a debt relief agreement reached this week to help the world’s poorest countries deal with the coronavirus pandemic was a welcome first step but that middle-income countries with debt challenges also needed urgent help. In remarks to be delivered at Friday’s meeting of the World