April 30, 2020

Stocks rally on treatment hopes, currencies await ECB

Asian stocks rose to a fresh seven-week high on Thursday, lifted by encouraging early results from a COVID-19 treatment trial, though bonds and currencies held cautious […]
April 30, 2020

Tyson Foods temporarily pauses operations at beef facility in Dakota City

Tyson Foods Inc is halting operations at a beef facility in Dakota City, Nebraska until May 4 to complete a deep cleaning of the plant amid […]
April 29, 2020

Tesla’s Elon Musk calls coronavirus lockdowns ‘fascist’ as profit streak continues

Tesla Inc’s outspoken CEO Elon Musk on Wednesday called sweeping U.S. stay-at-home restrictions to curtail the coronavirus outbreak “fascist” as the electric carmaker posted its third […]
April 29, 2020

Asian stocks set to track U.S. gains as virus treatment hopes lift confidence

Asian equity markets were poised to gain on Thursday, tracking Wall Street’s rally after positive trial results of an experimental COVID-19 treatment, a U.S. Federal Reserve […]
April 29, 2020

Facebook sees ‘signs of stability’ in ad spending after coronavirus drop

Facebook Inc beat analysts’ estimates for quarterly revenue on Wednesday and said it has seen “signs of stability” for sales in April after a plunge in […]
April 29, 2020

Microsoft revenue beats as remote work boosts Teams

Microsoft Corp on Wednesday beat Wall Street sales and profit expectations, powered by sharp demand for its Teams chat and online meeting app and Xbox gaming […]
April 29, 2020

Tesla’s profit run not derailed by coronavirus, full-year forecast scrapped

Tesla Inc on Wednesday posted its third quarterly profit in a row, but said the novel coronavirus was hurting deliveries and lockdown restrictions made it impossible […]
April 29, 2020

EBay sees current-quarter revenue above view as more people shop online

EBay Inc forecast current-quarter revenue above Wall Street estimates on Wednesday, as the e-commerce company benefited from a surge in online orders with people staying indoors […]
April 29, 2020

Microsoft revenue beats as remote work boosts Teams, Windows

Microsoft Corp reported quarterly revenue above Wall Street estimates on Wednesday, boosted by higher usage from its online app Teams collaboration and higher demand for the […]
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