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The travel industry has been hit hard by the COVID-19 pandemic. Cruise liners are sitting in port, aeroplanes are parked on runways, and hotels are operating at a fraction of their normal capacity. It, therefore, should come as no surprise that the stock prices for most companies in the travel industry have plummeted in recent…
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Wharton finance professor Jeremy Siegel (pictured) says the bond bull market that began in 1981 is ending. Bond yields have been very volatile this year amid the coronavirus pandemic. Yields bottomed out in March after central banks globally lowered rates and took measures to increase liquidity. Siegel said: “History has shown that somewhere this liquidity…
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Barrick Gold (GOLD.N) posted a near 45% rise in profit on Wednesday, with the miner benefitting from a surge in gold prices since the coronavirus pandemic has pushed investors towards safe havens in times of crisis. Meanwhile, the Ontario-based firm was forced to cut its production outlook for the precious metal due to a dispute…
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Oil prices, that last month fell below zero, have rebounded over the past five days on prospects of growing demand after months of lockdowns as several countries, from China to parts of the US, begin to ease restrictions. Opec’s strategy of slashing 9.7 million barrels of oil production along with lower capital spending from US…
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Starbucks (NYSE: SBUX) stock price soared after the company said it will reopen 85% of US stores by the end of this week following almost two months of stay-at-home measures due to the coronavirus. The coffee chain plans to reopen to 90% of its American outlets by the beginning of June, in line with US…
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Nokia has said that 5G rollouts in Europe could be delayed due to the coronavirus pandemic. Superfast 5G networks will power everything from self-driving cars, smart homes, faster banking apps and other financial services, and more. The global cost of 5G infrastructure investment and licenses will run to $2.7trn by the end of 2020, estimates…
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Starbucks chief executive Kevin Johnson (pictured) said Americans are going “stir-crazy” due to coronavirus lockdowns, and is confident his chain will thrive once restrictions are lifted. Johnson said:“ We have all been in our homes for six weeks, we have got a little stir-crazy. People want to get out and do something, but they want…
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Despite conflicting data, results from the latest trial of remdesivir shows that the antiviral speeds up recovery from coronavirus, raising hope for a new standard of care in the treatment of the disease. Gilead Sciences released preliminary results on Wednesday of the drug trial, which showed that at least 50% of patients treated with a…
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How to Buy Twiter Stock online in 2020:
Looking to Buy twitter stock online? Follow this step by step guide. We also tell you why you believe twitter is the best buy today
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Samsung Electronics said it expects sales to fall over the coming months to June due to the coronavirus pandemic. The South Korean giant warned that revenues from smartphones and TVs are “expected to decline significantly as COVID-19 affects demand and leads to store and plant closures globally.” Samsung, the world’s largest producer of computer chips,…
