Nasdaq News

By Michael Foster Right now, thousands of Americans are making a mistake that threatens to lock in the losses theyaEURtmve suffered in this downturn.

Will be it a U? A V? Maybe a W? Predictions for economic recovery after coronavirus-linked lockdowns are throwing up a medley of letters to indicate whether we can expect a bounceback, a slow-burn recovery or relapse.

SPECIAL ALERT: The April episode of the Zacks Ultimate Strategy Session is now available for viewing! Tune in to this “must-see” event when Kevin Matras, Kevin Cook, Jeremy Mullin and Sheraz Mian discuss the investment landscape from several angles. Don’t miss your chanc

U.S. stock index futures dipped on Thursday as investors braced for another staggering weekly jobless claims number, while oil prices rose on hopes of sweeping production cuts.

(RTTNews) - Cognizant Technology Solutions Corp. (CTSH) said it expects first quarter revenue to be in the range of $4.22 billion - $4.23 billion, up 2.7-2.9% or 3.4%-3.6% in constant currency from the prior-year quarter. The outlook includes a negative 50 basis point impact fro

The Hungarian forint hit a two-week high on Thursday, leading Central European currency gains, boosted by the central bank saying it could raise the 0.9% rate on its new one-week deposit tool if market conditions justified it.

A recently released survey by Bankrate revealed that 66% of Americans with retirement accounts or investment portfolios hadn't touched their investments or adjusted their asset allocations in this period of historic stock market volatility.

(RTTNews) - CytoDyn Inc. announced a patient with severe COVID-19 in Southern California showed clinical improvement after treatment with the company's investigational new drug, leronlimab. The company noted that this outcome is consistent with that observed in severely ill COVI

By The Investing Edge:

The pound firmed to a one-week high on Thursday, buoyed by a weak dollar before U.S. weekly job claims figures, although data showed that Britain's economy stagnated in the three months to February before the coronavirus crisis escalated.

The Russian rouble soared on Thursday to a three-week high against the U.S. dollar, as investors looked to a decisive OPEC+ meeting later in the day that could see the world's leading oil producers slash oil output in an effort to prop up prices.

Emerging-market stocks and currencies rose on Thursday, eyeing weekly gains, as a softer dollar and hopes coronavirus cases were peaking prompted some buying in risk assets.

(RTTNews) - Starbucks Corp. (SBUX) said it preliminary estimates second-quarter non-GAAP earnings per share of approximately $0.32. GAAP earnings per share is estimated to be approximately $0.28. The company noted that these estimates reflect the impact of lost sales for the per

(RTTNews) - WD-40 Company (WDFC) is scheduled to report its second-quarter results today, April 9, after market close.

Outdoor advertising firm Lamar Media's decision to draw down US$535m from its revolving credit facility due to macroeconomic uncertainty illustrates the shift among corporate borrowers brought on by the coronavirus pandemic.

Thai consumer confidence tumbled to a record low in March, a university survey showed on Thursday, as the coronavirus pandemic hurt economic activity and spending.

The Swiss government will look at temporarily changing its bankruptcy laws to protect companies hit by cash-flow problems and mounting debts during the coronavirus crisis, it said on Thursday.

Global shares rose on Thursday on hopes the COVID-19 pandemic was nearing a peak and that governments would roll out more stimulus to support their economies, while expectations of a deal to cut oil production bolstered crude prices.

Yields across the core euro zone bond markets rose slightly on Thursday, with those in the peripheral markets advancing higher, as investors waited to see whether European finance ministers would be able to reach agreement on an economic rescue package.

Asian shares rose on Thursday on hopes the COVID-19 pandemic is nearing a peak and that governments would roll out more stimulus measures to support their economies, while expectations of a deal to cut oil production bolstered crude prices.