Category: Hedge Funds & Private Equity

Chinese Companies Must Play By American Rules Or Be Banned From U.S. Exchanges, Senate Rules

The new bill passed by the Senate would force Chinese companies to certify that “they are not owned or controlled by a foreign government.”

Best Buy Earnings Fall, Target Sales Soar: Here’s How All The Big Retailers Fared In The First Quarter

Retailers have seen higher demand, with online sales booming, but also higher costs related to the pandemic.

Dow Jumps Nearly 400 Points As Amazon And Facebook Hit New Record Highs

U.S. tensions with China continued to flare up.

DraftKings Shares Skyrocket Thanks To Bets On Table Tennis, Korean Baseball

Online gamblers are making unusual bets in the absence of traditional sports.

60% Of America’s CFOs Don’t Expect A Return To Normal Until At Least 2021

Most companies will continue to allow employees to work from home after the crisis is over, findings show.

Dow Falls 400 Points As Questions Are Raised Over Moderna’s Coronavirus Vaccine

Retail and bank stocks were hardest-hit on Tuesday.

Stocks Turn Positive, Despite Record Drop In Retail Sales And Increasing Tensions With China

Stocks were still down more than 2% this week.

Cuomo’s Proposal To Stop Corporate Bailouts Is Heading To Congress

The “Americans First Law” floated by Cuomo would restrict government bailouts for companies that lay off employees during the pandemic.

Trump: California Should Let Elon Musk Reopen Tesla Factory ‘NOW’

Trump has weighed in on Elon Musk’s fight with California over reopening Tesla’s factory.

Stocks Fall, Dow Plunges Over 400 Points As Reopening Of The Economy Continues

Investors continue to assess the risks of the U.S. returning to business.