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Tesla Delivered 88,400 Cars in Q1 – Shares Surge in After-Hours Trading

Tesla shares spiked in after-hours trading on Thursday after it met Wall Street's delivery forecast for Q1. Elon Musk's carmaker reported 88,400 vehicle deliveries in the first quarter, which came just shy of the 89,000 analyst consensus…

Oil Surges as Trump Says Russia and Saudi Arabia Ready to Cut 10 Million Barrels From Crude…

Global oil prices rallied Thursday after President Donald Trump said Russia and Saudi Arabia were ready to "significantly" reduce production rates and planned a White House summit to address a market he said was 'ravaged' by the coronavirus…

Boeing Announces Voluntary Buyouts as It Grapples With Coronavirus

Boeing on Thursday announced voluntary buyout offers for its 161,000 employees as the embattled airplane maker continues to grapple with the fallout of the coronavirus pandemic on air travel, and the prospect of a long-term halt on…

Jobless Claims Shatter Another Record, Soar to 6.6 Million

More than 6.6 millions Americans filed for unemployment benefits in the last week of March, the U.S. Labor Department reported on Thursday - an unheard of number never before recorded in the U.S. - as the onslaught of the coronavirus…

Abbott Labs Shares Surge After FDA Approves ‘Five Minute’ Coronavirus Test

Abbott Laboratories shares surged higher in pre-market trading Monday after the group said it received emergency U.S. approval for a coronavirus test. The Food & Drug Administration used its emergency authorization powers to give the…

Johnson & Johnson Identifies Lead Coronavirus Vaccine Candidate; Commits To 1 Billion Doses to…

Johnson & Johnson  said Monday that is has identified a leading coronavirus vaccine candidate that could result in more than a billion doses available to address the global pandemic. Johnson & Johnson said the vaccine was…

Micron Gains as Cloud Strength Boosts its Earnings and Guidance

While Micron’s sales to some major customers are under pressure, its sales to some others are holding up pretty well right now. After the bell on Wednesday, the memory giant reported February quarter (fiscal second quarter) revenue of…

Dow Futures Fall Ahead of Weekly Jobless Data; U.S. Coronavirus Deaths Top 1,000

Global stocks slide as coronavirus infections reach nearly 500,000 and investors switch focus from U.S. stimulus to the economic cost of the worldwide pandemic. Senate lawmakers approve the $2 trillion coronavirus aid package with a…

When Will Disneyland and Disney World Parks Reopen?

Walt Disney's  Disneyland and Walt Disney World resorts are closed until the end of March with no word on whether that means the parks are planning to open April 1 or not. Officials in Orange County, Florida, have issued a stay-at-home…

Coronavirus Crisis, Fed Support, Southwest, Twitter, Nike – 5 Things You Must Know Tuesday

Here are five things you must know for Tuesday, March 24: 1. -- Stock Futures Point to Sharp Gains Stock futures were rising Tuesday, following strong gains in Asia that came after the Federal Reserve promised support for the struggling…