ZURICH/MUMBAI/LONDON (Reuters Breakingviews) - Corona Capital is a daily column updated throughout the day by Breakingviews columnists around the world with short, sharp pandemic-related insights.
India's Reliance Industries Ltd said it will consider its first rights issue in almost 30 years when its board meets on Thursday, in another attempt to slash its debt.
Wall Street gained more than 1% on Monday at the onset of a hectic earnings week, as investors turned a hopeful eye toward several U.S. states that are relaxing shutdown restrictions put in place to curb the spread of the COVID-19 pandemic.
Wall Street advanced on Monday as investors girded for a busy earnings week while turning a hopeful eye toward several U.S. states that are relaxing shutdown restrictions put in place to curb the spread of the COVID-19 pandemic.
This week looks set to be a big one for stocks. I would like to think that with some of the biggest and most interesting companies reporting Q1 earnings this week the focus would be there, but it is far more likely to be elsewhere for at least part of the time
Snap's (NYSE: SNAP) stock surged nearly 40% on April 22 after the social media company posted strong first-quarter numbers. However, the stock dipped 6% the following day after the company announced a new debt offering.
Stocks declined last week after jumping in each of the prior two weeks. Both the Dow Jones Industrial Average (DJINDICES: ^DJI) and the S&P 500 (SNPINDEX: ^GSPC) lost less than 2%, leaving the indexes down 17% and 12% so far this year, respectively.
Earnings season ramps up this coming week with results expected from technology heavyweights Microsoft (MSFT), Apple (AAPL), Amazon (AMZN) and Google parent Alphabet (GOOG, GOOGL).
Stocks were generally higher on Friday, as market participants seemed willing to accept all the uncertainty about the coronavirus pandemic on hopes that efforts to keep the economy afloat will be successful. Major market benchmarks flirted with losses early in the day, but a bro
Facebook (NASDAQ: FB) published a press release on Friday announcing the launch of Facebook Rooms -- a video live-chat service that will allow people to conduct calls with up to 50 people simultaneously. Calls on the service will have no time restrictions and can be accessed thr
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Facebook Inc (Symbol: FB), where a total volume of 320,672 contracts has been traded thus far today, a contract volume which is representative of approximately
Twitter Inc said on Friday that video clips of U.S. President Donald Trump suggesting that scientists investigate inserting light or disinfectant into coronavirus patients did not violate its COVID-19 misinformation policy.
The Federal Communications Commission (FCC) on Friday said it may shut down the U.S. operations of three state-controlled Chinese telecommunications companies, citing national security risks.
Twitter Inc said on Friday that video clips of U.S. President Donald Trump suggesting scientists investigate inserting light or disinfectant into coronavirus patients did not violate its COVID-19 misinformation policy.
Snap's (NYSE: SNAP) stock soared nearly 40% on April 22 after the social media company posted impressive first-quarter numbers. Snap's revenue rose 44% annually to $462 million, beating expectations by $42 million, as its net loss narrowed from $310 million to $306 million.
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