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Is Sysco Well Positioned As Restaurants Start Reopening?

Foodservice giant Sysco Corp. (SYY) has been significantly impacted by the coronavirus pandemic that has forced many of its customers such as restaurants, office cafeterias and hospitality facilities to remain temporarily closed. However, the company said it is seeing weekly improvements and expects this trend to continue. Sysco's primary customer base is the restaurant industry.




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Lyft Q1 Revenues Beat Wall Street View; Shares Jump 17%

Shares of Lyft Inc. (LYFT) jumped 17% on extended session Wednesday after the ride-hailing company's first-quarter revenues trumped Wall Street estimates despite negative effects of COVID-19 pandemic, as active riders and revenues per riders increased.




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Stock Alert: Cloudflare Falls 14%

Cloudflare, Inc. (NET) shares are down more than 14 percent on Friday morning trade as it reported a wider net loss of $32.75 million or $0.11 per share for the first quarter, compared with loss of $17.11 million or $0.20 per share in the prior year.




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Stock Alert: T-Mobile Rising 7% Following Upbeat Earnings

Shares of wireless communications services provider T-Mobile US, Inc. (TMUS) are rising more than 7% Thursday morning on upbeat first-quarter earnings.




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Stock Alert: Alexion Pharma Loses 5% After Portola Acquisition News

Shares of Alexion Pharmaceuticals, Inc. (ALXN) are down more than 5 percent or $5.37 in Tuesday's morning trade at $98.47. The stock has traded in a range of $72.67 to $136.51 in the past 52 weeks.




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Stock Alert: Acadia Healthcare Gains 16%

Shares of Acadia Healthcare Company, Inc. (ACHC) are spiking more than 16% Tuesday morning following upbeat first-quarter earnings.




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Stock Alert: Activision Blizzard Rises 6%

Shares of Activision Blizzard, Inc. (ATVI) are gaining almost 6 percent or $3.95 in Wednesday's morning trade at $72.48, after the video game producer reported an increase in profit for the first quarter and raised its full-year outlook. The stock has traded in a range of $41.84 to $74.79 in the past 52 weeks.




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Stock Alert: Nexstar Media Group Rises 8% On Sharp Rise In Sales

Shares of Nexstar Media Group, Inc. (NXST) are rising more than 8% Wednesday following significant increase in its first-quarter earnings and sales.




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Wyoming's Carbon County To Place Land Records On Blockchain

Carbon County in the Western U.S. State of Wyoming is set to implement a blockchain-powered land registry system in 2020, which will assure immutability of records and help in registering and validating property ownership with a clear chain of title. The land records and information platform will be developed in partnership with Overstock.com's blockchain subsidiary Medici Land Governance (MLG).




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CoinMarketCap Partners Gilded To Autopilot Crypto Invoicing And Payments

Cryptoasset data provider CoinMarketCap, recently acquired by Binance, partnered Gilded to automate their digital currency invoicing and payments as well as to offer its global customers faster payment options with cryptocurrencies such as Bitcoin. Gilded's seamless blockchain-powered invoicing, payment and accounting solution will enable CoinMarketCap to get paid faster and more transparently.




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AirAsia's Logistics Arm Launches Blockchain-powered Air Cargo Booking

AirAsia's logistics arm Teleport has rolled out a blockchain-powered cargo booking system called Freightchain, claimed to be the world's first digital air cargo network run on blockchain. The platform can be used by shippers, airlines and freight forwarders to make cargo bookings in minutes through bids submitted for cargo belly space on any of AirAsia's 247 aircraft and validated on blockchain.




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UFC Partners Chiliz To Offer Blockchain-powered Fan Engagement

Ultimate Fighting Championship (UFC) has teamed up with blockchain-powered fan engagement platform Chiliz ($CHZ) in an exclusive global partnership to offer fan engagement solutions to their over 318 million global fans. UFC is an American mixed martial arts (MMA) promotion company based out of Las Vegas in Nevada. It is one of the fastest growing sports in the world.




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Cargill, Agrocorp, Rabobank Team Up For Blockchain-powered Agricultural Trade

American agricultural giant Cargill teamed up with Singapore-based agri-commodity trader Argocrop International and Dutch financial services company Rabobank to complete a $12 million intercontinental agricultural trade transaction using blockchain technology. The transaction between the global agriculture supply chain partners took place in five days amid the ongoing coronavirus outbreak.




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U.S. Industries Are Taking A Massive Toll During The Coronavirus Pandemic

The pandemic has devastated the job markets across the U.S. The April jobs report reveals the massive toll the crisis took on industries — from restaurants and retail to health care and automotive.




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Google Says Most Of Its Employees Will Likely Work Remotely Through End of Year

The tech giant announces it is extending its previous work-from-home plans for most of its staff and will begin reopening offices this summer.




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What Happened Today: Health Care System Crumbles, Testing Questions

Marc Lipsitch, a professor of epidemiology at the Harvard School of Public Health, answers questions about access to testing for COVID-19, false-negative results and the challenges of mass testing.




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Women Bear The Brunt Of Coronavirus Job Losses

Before the coronavirus crisis, there were briefly more women on American payrolls than men. That's no longer true. Women accounted for 55% of the increase in job losses last month.




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U.K. Airlines, Airports Fear 'Devastating Impact' Of Possible Quarantine Rules

Trade groups expect the British government to roll out new coronavirus travel restrictions on Sunday, including a quarantine for out-of-country arrivals. And they're already pushing back publicly.




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U.S. Stocks Move Sharply Lower On Disappointing Earnings News

Following the pullback seen in the previous session, stocks have shown another notable move to the downside during trading on Friday. The major averages continue to give back ground after ending Wednesday's trading at their best closing levels in well over a month.




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Disappointing Earnings News Leads To Sell-Off On Wall Street

Stocks moved sharply lower over the course of the trading day on Friday, extending the pullback seen in the previous session. With the steep drop on the day, the major averages continued to give back ground after ending Wednesday's trading at their best closing levels in well over a month.




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U.S. Stocks Rebound From Early Weakness To Close Mostly Higher

After coming under pressure early in the session, stocks showed a significant turnaround over the course of the trading day on Monday. The major averages all bounced well off their early lows and into positive territory.




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U.S. Stocks May Move Mostly Higher In Early Trading

Following the mixed performance in the previous session, stocks are likely to move mostly higher in early trading on Thursday. The major index futures are currently pointing to a higher open for the markets, with the Dow futures up by 310 points.




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U.S. Stocks Remain Firmly Positive After Early Rally

After moving significantly higher early in the session, stocks have seen some further upside over the course of the trading day on Thursday. With the upward move on the day, the tech-heavy Nasdaq has turned positive for 2020.




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U.S. Stocks Remain Firmly Positive After Early Rally

After showing a strong move to the upside early in the session, stocks remain firmly positive in mid-day trading on Tuesday. With the upward move, the major averages are extending the rebound seen over the course of the previous session.




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U.S. Stocks Finish With Sharp Gains

Traders shrugged off a report showing a sharp contraction in U.S. economic activity, sending stocks sharply higher during trading on Wednesday. The major averages have all surged into positive territory after ending the previous session in the red.




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Scientists Find Nearest-Known Black Hole, In Distressingly Fitting Metaphor

The black hole is roughly 1,000 light-years from Earth — and more than 2,000 light-years closer than the next one known. What's more, scientists say, it may be just "the tip of an exciting iceberg."




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Scientists Are Trying To Understand Whether People Can Be Immune To The Coronavirus

Scientists are now trying to determine whether antibodies in the blood will protect people from contracting the coronavirus again. This question is crucial for the development of a vaccine.




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Molly Webster: Is Our Definition Of "Sex Chromosomes" Too Narrow?

Over a century ago, one part of our DNA got labelled the "sex chromosomes." Science and radio journalist Molly Webster explains the consequences of that oversimplification.




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Karissa Sanbonmatsu: What Can Epigenetics Tell Us About Sex And Gender?

We're used to thinking of DNA as a rigid blueprint. Karissa Sanbonmatsu researches how our environment affects the way DNA expresses itself—especially when it comes to sex and gender.




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How The Approval Of The Birth Control Pill 60 Years Ago Helped Change Lives

Before the pill was approved by the FDA on May 9, 1960, there were few contraceptive options available to young women. It revolutionized family planning and the sex lives of millions of Americans.




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These Scientists Are On A Quest To Understand How Prevalent Coronavirus Is

A team of scientists at Oregon State University are trying to measure the true prevalence of the coronavirus in Corvallis, Ore., by taking a random sample of the population.




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Trump Says Coronavirus Vaccine By Year End

President Donald Trump expressed optimism that the United States will develop a vaccine to treat coornavirus by the end of the year. Trump made the prediction at a Fox News virtual town hall on Sunday, which is contrary to public health experts' assessment that it will take at least another year to make a breakthrough in anti-coronavirus vaccine development. "I think we're going to have a vaccin




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UK Passes 10,000 Mark In COVID-19 Deaths; PM Johnson Leaves Hospital

British Prime Minister Boris Johnson was discharged from hospital on Sunday, when the country's coronavirus death toll passed a grim landmark of 10,000. Boris Johnson was tested positive for coronavirus with mild symptoms on March 27. He was admitted to St Thomas' Hospital in London after 10 days with "persistent symptoms" of coronavirus. He was moved to intensive care unit later as his symptoms




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Coronavirus Attack 'worse Than Pearl Harbor Or 9/11': Trump

At a White House news conference on Wednesday, President Donald Trump described the coronavirus pandemic as the "worst attack" ever on the United States. "This is worse than Pearl Harbor, this is worse than the World Trade Center. There's never been an attack like this," he told reporters. Trump repeated pointing finger at China over the killer disease's global spread. "And it should have never




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Dollar Retreats After Recovering From Early Fall

The U.S. dollar recovered a bit Friday morning after data showed a slightly smaller than expected drop in U.S. employment in the month of April, although the fall was quite steep and the biggest in several decades.




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Dollar Rises Against Rivals

The U.S. dollar firmed up against its peers amid an escalation in tensions between the U.S. and China after US President Donald Trump and Secretary of State Mike Pompeo accused the Chinese government for the spread of the coronavirus and threatened to retaliate against China.




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New Zealand March Building Permits Fall 21.3%

The total number of building permits issued in New Zealand in March tumbled a seasonally adjusted 21.3 percent on month in March, Statistics New Zealand said on Tuesday - standing at 2,904.




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South Korea March Current Account Surplus $6.23 Billion

South Korea posted a current account surplus of $6.23 billion in March, the Bank of Korea said on Thursday - down from $6.37 billion in February.




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Dollar Loses Ground Against Rivals

The U.S. dollar exhibited weakness against its peers on Thursday, reacting to data on private sector employment for the month of April, and unemployment claims in the week ended May 1.




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U.S. Service Sector Activity Shrinks For First Time In Over Ten Years

A report released by the Institute for Supply Management on Tuesday showed U.S. service sector activity contracted for the first time since December of 2009 in the month of April. The ISM said its non-manufacturing index tumbled to 41.8 in April from 52.5 in March, with a reading below 50 indicating a contraction in service sector activity.




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Dollar Stays Firm Against Peers

The U.S. dollar gained against most of its rivals on Tuesday, extending recent upside, as risk sentiment improved after several countries across the world started to reopen businesses gradually.




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EU Sees Worst Recession On Record This Year On Covid-19

The European Commission on Wednesday downgraded the growth forecasts for the Eurozone and the European Union and said the region is set to witness a recession of "historic proportions" this year due to the "major shock" from the coronavirus, or Covid-19, pandemic and the consequent lockdown.




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German Factory Orders Log Record Fall In March

Germany's factory orders declined the most since the records began in 1991, as measures to contain the spread of coronavirus, or covid-19, pandemic dampened both domestic and foreign demand. Factory orders declined sharply by 15.6 percent on a monthly basis in March, much bigger than the 1.2 percent drop posted in February, data published by Destatis revealed Wednesday.




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New Netflix Original Series 'All Of Us Are Dead'

In the time of coronavirus lockdown, Netflix Inc. is teaming up with director Lee JQ to produce a new series, "All of Us Are Dead." All of Us Are Dead tells the story of a group of high school students who are faced with an extreme crisis situation when they become trapped in their school, while a zombie virus spreads like a wildfire. It is based on the chart-topping Korean webtoon titled "Now




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Netflix Buys Global Rights To 'The Starling'

Netflix has acquired global rights to the upcoming heartwarming comedy-drama The Starling from Limelight, Entertainment One (eOne) and Boies Schiller Entertainment. The streaming service reportedly paid around $20 million for distribution rights for the film.Its release date has not yet been scheduled. Directed by two-time Academy award nominee Theodore Melfi, the film tells the story of a mar




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Disappointing Earnings News May Weigh On Wall Street

The major U.S. index futures are currently pointing to a lower opening on Friday, with stocks likely to extend the pullback seen in the previous session.




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Rising U.S.-China Tensions May Generate Early Selling Pressure

The major U.S. index futures are currently pointing to a lower opening on Monday, with stocks likely to extend the sharp pullback seen over the two previous sessions.




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Optimism About Economy Reopening May Generate Early Buying Interest

The major U.S. index futures are currently pointing to a higher opening on Thursday following the mixed performance seen in the previous session.




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U.S. Stocks May See Further Upside In Early Trading

The major U.S. index futures are pointing to a higher open on Wednesday, with stocks likely to extend the upward move seen over the course of the two previous sessions.




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Disappointing Earnings, Economic New May Weigh On Wall Street

The major U.S. index futures are pointing to a sharply lower open on Wednesday, with stocks likely to give back ground following the rally seen in the previous session.