The Dow Jones Industrial Average shed more than 2,000 points in its worst day percentage-wise since the financial crisis in 2008, and triggered a circuit breaker that halted trading for 15 minutes.
What happened
Invitae's (NYSE: NVTA) shares lost 10.5% of their value today, as ongoing worry over a global economic slowdown more than offset expectations for significant sales growth in 2020.
Brazilian insurer Caixa Seguridade SA decided on Monday to cancel its initial public offering, two sources with knowledge of the matter said, amid concerns about the new coronavirus and plunging oil prices.
(RTTNews) - A massive sell-off in the energy section following a slump in crude oil prices sent the Canadian benchmark S&P/TSX Composite Index crashing to its lowest level in about 14 months on Monday.
The U.S. Consumer Financial Protection Bureau (CFPB) said on Monday it charged Fifth Third Bank, National Association, for creating fake client deposit and credit-card accounts and transferring clients' funds to those accounts without consent, citing an abuse of fair lending and savings laws.
Researchers from the University of Maryland have created a new CRISPR gene-editing system that can successfully modify the DNA of plants to a greater extent than was ever possible before.
Lebanon will resort to a disorderly default if creditors are unprepared to negotiate, broadcaster LBC quoted Finance Minister Ghazi Wazni as saying on Monday, while noting that assets held abroad such as gold will be difficult for investors to seize.
Record-high volatility and investor uncertainty have weighed on the IPO market in recent weeks, but blank check activity is as high as ever, indicating another banner year for the acquisition vehicles. So far in 2020, 19 SPACs have submitted initial filings with the SEC, a 111
Qantas Airways Ltd said on Tuesday it would cut its international capacity by nearly 25% over the next six months, including grounding most of its Airbus SE A380s, as it grapples with a plunge in demand from the coronavirus.
Vail Resorts (MTN) came out with quarterly earnings of $5.07 per share, missing the Zacks Consensus Estimate of $5.44 per share. This compares to earnings of $5.02 per share a year ago. These figures are adjusted for non-recurring items.
Stitch Fix (SFIX) came out with quarterly earnings of $0.11 per share, beating the Zacks Consensus Estimate of $0.06 per share. This compares to earnings of $0.12 per share a year ago. These figures are adjusted for non-recurring items.
What happened
Shares of Britain-based drug company GlaxoSmithKline (NYSE: GSK) dropped 12.4% in February, according to data provided by S&P Global Market Intelligence. Coronavirus fears were responsible for some of the drop, but not all. The company also reported quarterly
Walmart (NYSE: WMT) plans to hire 500 more truck drivers for its private fleet, primarily on the East and West Coasts, to help meet the increased demand from its growing e-commerce business.
What happened
Shares of Etsy, Inc. (NASDAQ: ETSY) rose 18.4% in February, according to data from S&P Global Market Intelligence. The e-commerce stock bucked trends thanks to strong fourth-quarter earnings results and ended the month with double-digit gains despite dramatic
FedEx (NYSE: FDX) said Monday night that long-serving chief financial officer Alan Graf would retire later this year, leaving it to his successor to complete a massive overhaul of the business designed to help it to better-compete with a new generation of transport specialists.
What happened
The stock market suffered one of its worst declines in years on Monday, with the Dow Jones Industrial Average and S&P 500 both falling by more than 7%.
What happened
Shares of monitoring and analytics platform specialist Datadog (NASDAQ: DDOG) were slammed on Monday, falling as much as 12.9%. The stock closed the trading day down 11%.
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which