The stock market is still feeling the effect of the coronavirus on the economy but Zoon Video Inc, Cardinal health, and Abbvie are soaring in today’s market report. Coronavirus caught the world...
A Labor leader named Lorena Gonzalez is not a fan of Elon Musk because Elon wanted to resume operation at his Telsa plant in California despite the outbreak of the coronavirus. Although America has re...
Due to shortages of meat, Wendy’s (WEN) has been forced to take burgers off the menu in some restaurants, due to the coronavirus pandemic. This decision was a ‘hard pill’ for Wendy’s to swallo...
The impact of the coronavirus pandemic on businesses differs as not every company has been badly hit. Amid the coronavirus pandemic, certain companies have stood out in their industries and they coul...
Revenue: $524.6 millionEarnings per share: A loss of 20 centsPeloton (PTON) reported a 66% increase in its sales from a year ago to $524.6 million. The company is one of the beneficiaries of the Covid...
Revenue: $955.7 millionLoss per share: $1.31Active riders: 21.2 millionRevenue per active rider: $45.06While other cab-hailing service providers are reporting low sales in the last quarter, Lyft has r...
The S&P 500 is a collection of the large 500 companies by market capitalization in the US. On Wednesday, the S&P 500 announced that it was including Domino’s Pizza (DPZ)on the list. These 50...
The Walt Disney Company (DIS) has also experienced its fair share of the coronavirus impact, with the closing of its theme parks and furloughing of its park workers in April to save money. Closing its...
United Technologies and Raytheon have finally completed their merger – announcing the successful completion on April 3. 2020. This new merger followed the completion of its Carrier and Otis spinoffs...
The Standards & Poor’s 500 Index, commonly known as S&P 500, is a market capitalization index of the 505 large-cap companies in the US. These companies’ market capitalization makes up 80% ...