BANGKOK (AP) — Shares were higher across Asia on Friday after a strong gains on Wall Street driven by hopes for a powerful recovery from the pandemic. Tokyo, Hong Kong, Seoul and Shanghai all gained and U.S. futures also were higher. Hopes that economies will regain ground lost since last …
Read More » Gold futures edged higher Monday, looking to build on last week’s rise as investors continue to monitor bond yields and the U.S. dollar. “Hammered by [U.S. dollar] strength and the backup in rates, gold’s multi-month downtrend is forming a base that recently embraced the support at $ 1,680, paving the way …
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Target is looking forward to Cyber Week as many shoppers plan to buy their gifts online this year due to COVID-19 Target States that had tighter restrictions on Thanksgiving Day gatherings saw higher online sales than those with more lax rules, according to the latest data from Adobe Inc. ADBE, …
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Tesla reported third-quarter earnings Wednesday. Getty Images Tesla Inc. stock rose in the extended session Wednesday after the Silicon Valley car maker reported a fifth straight quarter of profit and sales that rose 40%. Tesla TSLA, +0.16% said it earned $ 331 million, or 27 cents a share, in the …
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A small study is raising questions about whether young children could be coronavirus super spreaders, even as the country deliberates how to reopen schools in the coming weeks. One of the few silver linings of the COVID-19 pandemic so far has been that the novel coronavirus that has infected more …
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The average New Yorker is now getting their COVID-19 test results back in three days, Mayor Bill de Blasio said on Wednesday, as the city works against a national “logjam” in diagnostic testing. This week, test result time has started to “rapidly” decrease in New York City, de Blasio said, …
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Tesla Inc.’s massive stock rally continued Thursday after the Silicon Valley car maker easily topped sales expectations for the second quarter. Tesla TSLA, +6.86% said that it delivered roughly 90,650 vehicles in the second quarter, ahead of the 72,000 deliveries that analysts surveyed by FactSet had been predicting. Tesla’s actual …
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A new model for assessing stocks may include higher valuations, as the old paradigm is no longer valid, according to a research note from DataTrek Research on Tuesday. From about 1950 to 2000, according to Nicholas Colas, Co-founder of DataTrek Research, there was a fairly stable paradigm in place for …
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Gold futures headed lower Tuesday, as government bond yields and the US. dollar rose, putting pressure on the metal that has gained in the month and quarter against the backdrop of the COVID-19 pandemic. Losses for gold came on the back of the latest U.S. consumer confidence data, which showed …
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