Stock futures jumped Monday morning, indicating a higher open even as coronavirus cases continued to march higher globally and domestically. Airlines and cruise lines stocks rose.
Uncertainty and panic related to the coronavirus disease 2019 (COVID-19) pandemic completely pulled the rug out from beneath the stock market and ultimately sent the benchmark S&P 500 lower by 34% in a mere 33 days. The recently ended quarter featured the best returns for the broad-market indexes since 1998, with the technology-focused Nasdaq Composite galloping to new all-time highs. Right now, there are five exceptionally popular stocks that investors can't seem to get enough of lately that, frankly, I wouldn't buy with free money.
Dow futures jumped as China markets soar and Covid-19 deaths remain low, with the Nasdaq composite at a record high. What's next for Tesla?
The "Global Frozen Fruits Market By Product, By Distribution Channel, By Region, Industry Analysis and Forecast, 2020 - 2026" report has been added to ResearchAndMarkets.com's offering.
If you're a salaried worker, you claim allowances on your W-4 withholding form each year, and based on that information, your employer holds back a certain portion of your income for tax purposes that gets paid to the IRS. The majority of people who file a tax return are owed some amount from the IRS, while others wind up owing the IRS money. The IRS is holding onto more than $1.5 billion in tax refunds from the 2016 tax year because an estimated 1.4 million people never filed a return back then.
TF Bank AB will publish its interim report for the period January - June 2020, Tuesday 14 July 2020, at 07.00 CET. We welcome media, institutional investors, analysts and other interested parties to participate in a telephone conference at 08.15 CET.
The "Head-Up Display Market Report: Trends, Forecast and Competitive Analysis" report has been added to ResearchAndMarkets.com's offering.
Stock futures get lift from surge in Chinese markets; Uber to buy Postmates for $2.65 billion in stock; Warren Buffett snaps up Dominion Energy's natural gas assets.
The "Crustacean - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
U.S. stock-index futures head sharply higher early Monday to start the first full week of trade in July, with investors pegging optimism on Wall Street to a powerful rally in China as part of the impetus for bullish sentiment.
The "Global Fruit Beer Market By Flavor, By Distribution Channel, By Region, Industry Analysis and Forecast, 2020 - 2026" report has been added to ResearchAndMarkets.com's offering.
This agreement accelerates the product roadmap of the company while providing a baseline of revenue. Oriented around computer vision and the DataCaptor™ software module, this agreement defines a specific initial customer but also stipulates how the companies will work together to offer the solution to other joint customers in the sports and entertainment vertical.
Dublin, July 06, 2020 -- The "Global Pruritus Market and Competitive Landscape - 2020" report has been added to ResearchAndMarkets.com's offering. This.
Fashion brands and retailers re-opening around the world to patchy demand, and carrying unsold stock from spring have cut fall orders by as much as two-thirds in moves spelling more pain for Asian suppliers.
Drugmaker Mylan NV said on Monday it would launch its generic version of Gilead Sciences Inc's COVID-19 treatment remdesivir in India this month at 4,800 rupees ($64.31) per 100 mg vial, as infections surge in the world's third worst-hit country. The Drug Controller General of India (DCGI) approved Mylan's remdesivir version, to be called Desrem, for the treatment of suspected or laboratory confirmed severe incidences of COVID-19 in adults and children, the company said in a statement https://prn.to/2By83B9. Mylan's version comes after two Indian drugmakers, Cipla Ltd and privately-held Hetero Labs Ltd, launched their generic versions of the drug.
With consumer demand for high potency cannabis at its peak, California’s Indus Holdings, Inc. (CSE: INDS; OTCQX: INDXF), a leading vertically-integrated cannabis company, is announcing its debut of Cypress Reserve, a premium, high potency flower line that launched at licensed dispensaries statewide in June. A powerful addition to the company’s leading Cypress Cannabis brand, itself one of the top 10 selling flower brands in California, Cypress Reserve packs a potent THC level of 25 percent or higher, producing stronger, lasting effects that consumers are looking for. Like all Indus flower products, Cypress Reserve is grown under pristine conditions within Indus’ newly renovated Monterey County greenhouse facility, allowing complete control over temperature, hydration, humidity, light deprivation, and air pressure; before the plant is cultivated and packaged for the company’s retail partners.
The FDA has touted the tests as an important tool for combating the pandemic because they can be produced quickly, at relatively low costs, and test patients in a variety of settings. The regulator approved in May the first COVID-19 antibody test, which is made by Quidel Corp <QDEL.O>. Becton Dickinson's test can be used on its existing BD Veritor System platform, which is employed in about 25,000 healthcare facilities across the United States.
(Bloomberg) -- Commodity investors get vital insights into energy, metals and crop markets this week against a backdrop of better-than-expected economic data and countervailing concern over the jump in coronavirus infections. Global confirmed cases are now rising by well over 1 million per week, casting doubt over expectations raw materials demand will rebound.The International Energy Agency leads the line-up with its monthly overview of the worldwide oil market as OPEC and allies ratchet back supplies. Crop traders will dissect the latest WASDE snapshot, with corn a particular focus. And metals markets are primed for more virus-related disruptions in Chile, which may aid copper, as well as signals of booming iron ore flows, which may hurt prices.A brace of companies report, with numbers from Suedzucker AG, Europe’s top sugar producer, and major cocoa processor Barry Callebaut AG. And last but not least, San Francisco Federal Reserve President Mary Daly and Richmond Fed President Thomas Barkin take part on Tuesday in a discussion on the U.S. economy hosted by the National Association for Business Economics.By the NumbersOil-market watchers will keep a keen eye on the International Energy Agency’s monthly report on the global crude market this week for signals on how consumption is recovering from the virus-induced slump. The market will also examine key compliance data, which the IEA releases every month, indicating to what extent the Organization of Petroleum Exporting Countries and its allies are making the cutbacks they’ve pledged to clear a glut and shore up prices.Last month, OPEC’s output fell to the lowest since 1991, while Russia reached near-total compliance with its quota. Meanwhile, tanker-tracking data compiled by Bloomberg show crude supplies from OPEC’s Middle East exporters, excluding Iran, fell for a second month in June as Saudi Arabia and key Persian Gulf allies made further voluntary production cuts on top of the unprecedented 9.7 million barrels a day agreed by the OPEC+ group of countries in April. OPEC will release its own monthly oil market report on July 14.Red AlertIt’ll be a significant week in the copper market as investors assess fresh anti-virus curbs in Chile’s mining industry, export figures from the South American nation, and the metal’s technical backdrop. Prices may extend gains above $6,000 after state-owned Codelco suspended construction work at its largest copper mine, adding to other curtailments and shift-pattern changes. While the country managed to maintain output at high levels in May, the first clear view into how it fared in June comes on Tuesday, with monthly export data.There’s also important technical action in the charts, too, with copper now backwardated. In addition, driven by the powerful recovery in prices since March, copper’s 50-day moving average is now fast closing in on its 200-day counterpart and may move above it in the coming days. That pattern, a so-called golden cross, can portend further gains in an asset. Still, the last time that chart watchers saw it unfold for copper was right at the start of 2020, just before the metal swooned as the pandemic erupted.The Big QuestionThe U.S. Department of Agriculture just rocked the corn market when it said American farmers planted a lot fewer acres than analysts had expected. Traders will be anxious to see how that impacts the U.S. corn outlook in the World Agricultural Supply and Demand Estimates update on July 10. The big question: will the smaller plantings be enough to make up for declining demand in ethanol production, helping to keep inventories under control?And in Brazil, the second-largest corn exporter after the U.S., the crop is now seen coming in below initial estimates after adverse weather affected some regions. Traders will be looking for the Conab release on Wednesday to make that adjustment in its July report.Hungry for InformationEarnings this week from Suedzucker and Barry Callebaut should give a fresh glimpse of how the sugar and chocolate sectors are holding up, particularly as more shops and restaurants reopen in Europe. Figures from Suedzucker, Europe’s top sugar producer, are due Thursday and traders will watch for clues on whether the region’s prices will gain amid previously expected shortages, despite worries that slowing economies will curb demand.Barry Callebaut could give the cocoa market more clarity on how chocolate demand is faring when the major processor reports results on Thursday, too. Grindings beat expectations in Europe and Asia earlier this year, but analysts said that was more to do with ramping up output ahead of potential supply-chain disruptions, rather than real consumption. The market’s been under pressure lately, with London futures near the lowest in more than a year.Hitting FiftyIron ore is on the slide, dropping into the $90s a ton on indications that surging global supplies are easing tightness in the seaborne market. With vessel-tracking data pointing to a jump in flows from Australia, this week should bring confirmation of another bumper month at Port Hedland, possibly a record. The world’s largest bulk-export terminal is used by miners including BHP Group, Fortescue Metals Group Ltd. and Roy Hill Holdings Pty.The print for June’s performance should come in the opening half of the week -- there’s no fixed date -- and the figure may surpass the peak of 48.9 million tons set a year ago and could top 50 million tons. Last week, Brazil reported exports of 30 million tons for June, well up on the prior month and narrowly ahead of the year-ago number. Between them, the two nations account for the majority of worldwide exports, with cargoes feeding China’s steel industry.For the DiaryClick here for oil marketsClick here for gas marketsClick here for metals marketsClick here for agriculture marketsClick here for the latest DaybreakAnd for the global stage, click hereFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
Myriad Genetics, Inc. (MYGN), a leader in molecular diagnostics and precision medicine, today announced a new collaboration with OptraHEALTH® to implement a cognitive ChatBOT named Gene™ to provide genetic and financial assistance information to prospective patients. Gene is an AI-powered, HIPAA-compliant knowledge platform for genetic health with BOT interfaces and can answer over 500,000 health related questions pertaining to hereditary cancer. Gene interfaces with Myriad’s market leading online hereditary cancer quiz, which is now taken by approximately one million people per year.