This is a live blog. Please check back for updates. All times below are in Eastern time. Total cases: More than 28,000 as of Thursday morning.Total deaths: At least 565 worldwide as of Thursday morning 9:23 am Treasury Secretary Steven Mnuchin says coronavirus won’t hamper trade deal Treasury Secretary Steven Mnuchin was pressed by Fox
Twitter CEO Jack Dorsey addresses students during a town hall at the Indian Institute of Technology (IIT) in New Delhi, India, November 12, 2018. Anushree Fadnavis | Reuters Twitter reported earnings for its fourth quarter of 2019 Thursday that missed analyst estimates for earnings per share but beat revenue and active user expectations. The stock
The Leuthold Group’s Jim Paulsen expects stocks to rally higher into record territory due to stronger economic and earnings growth. But his bullish forecast comes with a warning — and it has nothing to do with the coronavirus outbreak. “If we [economy] continue to grow, you’re going to see consumer prices, wages, commodity prices —
Apple CEO Tim Cook speaks about the Apple Watch during Apple’s annual Worldwide Developers Conference in San Jose, California, June 3, 2019. REUTERS/Mason Trinca Mason Trinca | Reuters The Apple Watch outsold the entire Swiss watch industry in 2019, according to a new report. Market research firm Strategy Analytics estimates that Apple shipped 30.7 million
Money manager Catherine Wood told CNBC on Wednesday that she stands by her latest five-year price target of $7,000 per share for Tesla. “Our confidence level that this stock is heading for $7,000 over the next five years is very high,” Wood, the founder and CEO of Ark Investment Management, said on “Fast Money.” “We’ve
You probably know that most experts caution against trying to time the stock market. Yet, if you think there’s trouble ahead, could moving entirely to cash ever be a good idea? Financial advisors typically offer an emphatic no. Some, though, offer a caveat. “If you have all the money you’ll ever need, and don’t need
Samurai Messenger Service prepares to deliver a packaged mattress from the bed delivery company Casper in New York. Yana Paskova | The Washington Post | Getty Images Casper on Wednesday evening priced its initial public offering at $12 per share. At this price, the company would have a market value of $476 million, excluding the
Emma Walmsley, chief executive officer of Glaxosmithkline Plc. Luke MacGregor | Bloomberg | Getty Images GlaxoSmithKline on Wednesday reported quarterly profit that fell short of analysts’ expectations because of pricing pressure, mainly hitting its respiratory drugs, and the drugmaker said adjusted earnings for the year could fall as much as 4 percent. GSK shares were
A Qualcomm sign is seen at the second China International Import Expo (CIIE) in Shanghai, China November 6, 2019. Aly Song | Reuters Check out the companies making headlines after the bell: Qualcomm – The semiconductor company’s stock dropped about 4% in extended trading though the company beat analysts’ estimates on both the top and
Steve Eisman Olivia Michael | CNBC Steve Eisman, one of the investors who famously bet against the subprime mortgage crisis, said he has killed his money-losing bet against Tesla amid its “cult-like” rally. “I covered it a while ago,” Eisman told Bloomberg Television on Wednesday. “Look, everybody has a pain threshold. When a stock becomes