Zoom founder Eric Yuan poses with members of his company in front of the Nasdaq building in New York as the screen shows the logo of the video-conferencing software company Zoom after the opening bell ceremony on April 18, 2019. Kena Betancur | Getty Images Check out the companies making headlines after the bell. Twitter
Finance
Take a look at some of the biggest movers in the premarket: Boeing (BA) – Boeing was upgraded to “buy” from “neutral” at Goldman Sachs, which said Boeing will remain a going concern and that flight travel will be as popular as ever once COVID-19 is resolved. Coca-Cola (KO) – Coca-Cola was upgraded to “overweight”
A staff worker wearing a protective mask and protective suit checks a visitor’s body temperature with a temperature gun by a monitor showing the current stock information at the Shanghai Stock Exchange Building on March 20, 2020 in Shanghai, China. Health authorities of China said the country has passed the peak of the COVID-19 epidemic
Corporate earnings are about to do something they haven’t done since the 2008 financial crisis: Turn negative. According to PNC Financial’s Amanda Agati, the coronavirus fallout could dramatically hurt companies through the second quarter. “Q1 expectations are in negative territory at about 1.5%. It looks like Q2 will be down about 1%,” the firm’s chief
Traders work on the floor at the New York Stock Exchange, March 2, 2020. Brendan McDermid | Reuters 7:41 am: GOP senators face questions over stock sales before market plunge Republican senators Richard Burr of North Carolina and Kelly Loeffler of Georgia are facing questions over their decision to sell large equity holdings before global
Pedestrians cross Powell Street, usually full with cars and cable cars, in San Francisco, California, U.S., on Tuesday, March 17, 2020. David Paul Morris | Bloomberg | Getty Images For the first time in over a century, a global coronavirus pandemic has turned the country’s focus to the dangerously fragile health of the American people
Take a look at some of the biggest movers in the premarket: Tiffany (TIF) – LVMH is considering buying Tiffany shares on the open market, according to a Bloomberg report. The shares are currently selling below the $135 per share takeover price that LVMH agreed to pay when it struck its deal with the luxury
Meric Greenbaum, Designated Market Maker IMC financial looks up at the board before the opening bell right before trading halted on the New York Stock Exchange on March 9, 2020 in New York. Timothy A. Clary | AFP | Getty Imgaes The S&P 500 could return to record highs by early next year if U.S.
Pedestrians walk past an american multinational investment bank and financial services holding company JPMorgan Chase Bank branch. Alex Tsai | SOPA Images | Getty Images JPMorgan Chase said it was giving bank tellers and other “front-line employees” a one-time bonus of up to $1,000 to help cushion the difficulties of working during the coronavirus pandemic.
David Solomon, CEO, Goldman Sachs, speaking at the World Economic Forum in Davos, Switzerland, Jan. 23, 2020. Adam Galacia | CNBC Goldman Sachs CEO David Solomon got a 20% raise to $27.5 million for his work leading the bank in 2019. His pay package includes a $2 million annual salary, $7.65 million in a cash