Major U.S. energy companies are taking an axe to their rig numbers, deepening production cuts for the industry that in the last few years made America the world's number one oil producer.
New York City Health Commissioner Dr. Oxiris Barbot said last week that nearly 1 million residents probably have been exposed to the coronavirus, well above the number of confirmed cases.
Spotify Technology reported a 22% jump in first-quarter revenue on Wednesday as the music streaming company beat analysts' expectations to reach 130 million paid subscribers for its premium service.
In the Great Recession, IT hardware was the focus of corporate technology budget cuts. Now, with software grown to half of enterprise IT, it's no sure thing it will emerge unscathed from the coronavirus.
Hasbro reported its first-quarter earnings Wednesday, telling investors that it has a solid financial footing and is cutting costs as it prepares to meet the seasonal demand that comes in the second half of the year.
The "balance between predictability, transparency" and investment optimization is key in oil-based ETFs, says Jason Bloom, who oversees the Invesco Oil Fund.
Artificial intelligence has been hailed as a monumental technology that will change the world, but coronavirus is showing that it is still in its infancy.
"Nio hasn't lowered its annual forecast as a result of the virus," CEO William Li said, according to a CNBC translation of his Mandarin-language remarks.
Since being put on the U.S. blacklist, Huawei has focused more on China and increased its smartphone market share at the expense of rivals like Xiaomi and Oppo. That has hurt Qualcomm.