ri Remdesivir will not be the main driver of Gilead's revenue: Bernstein By www.cnbc.com Published On :: Thu, 07 May 2020 02:31:26 GMT Ronny Gal of Sanford C. Bernstein says he thinks remdesivir will not be the most significant revenue contributor for Gilead Sciences over time. He also explains his rationale for raising the company's price target to $75 from $72. Full Article
ri Didi's core ride hailing business is profitable, says president By www.cnbc.com Published On :: Thu, 07 May 2020 02:32:43 GMT Roughly 60% to 70% of Didi Chuxing's business has bounced back from the coronavirus crisis in China, says Jean Liu, president of the mobile app-based transportation firm. Full Article
ri Even if China sells US treasuries, demand from other sources will keep the dollar elevated: TD Securities By www.cnbc.com Published On :: Thu, 07 May 2020 02:50:50 GMT According to Mark Mccormick of TD Securities, there lacks a realistic alternative in the currencies markets, so even if China sells U.S. treasuries, demand from other sources will come in and keep the U.S. dollar elevated for the next couple of months. Full Article
ri Markets have priced in bad economic data, but not trade tensions: Strategist By www.cnbc.com Published On :: Thu, 07 May 2020 03:47:06 GMT Markets are unlikely to react to bad economic data in the second quarter, says Brian Belski of BMO Capital Markets, adding that any volatility seen near-term will be from a resurgence in U.S.-China trade tensions. Full Article
ri US-China trade tensions are a 'renewed risk' for markets: Goldman Sachs By www.cnbc.com Published On :: Thu, 07 May 2020 07:03:38 GMT Initial optimism following the phase one trade deal has slipped a bit and the market is starting to price in "some greater concerns" about U.S.-China friction, over trade as well as the coronavirus crisis, says Timothy Moe, Goldman Sachs' co-head of macro research in Asia and chief Asia Pacific equity strategist. Full Article
ri April job losses will be three times those from the GFC: Economist By www.cnbc.com Published On :: Fri, 08 May 2020 01:07:06 GMT Gregory Daco of Oxford Economics says he expects the U.S. unemployment rate to go up to 17% in April, reflecting a loss in income that will weigh on consumer spending and subsequent economic recovery. Full Article
ri Stock markets could still relapse on coronavirus worries: JPMorgan By www.cnbc.com Published On :: Fri, 08 May 2020 02:23:21 GMT Investors should be prepared for a potential stock market relapse and that they are not solely invested in the United States, says David Kelly, chief global strategist for JPMorgan Asset Management. He suggests exploring countries in East Asia, which will likely exit the coronavirus crisis faster than Europe or the U.S. Full Article
ri US is reopening too soon and may see tepid recovery from virus crisis: Deutsche Bank By www.cnbc.com Published On :: Fri, 08 May 2020 04:05:41 GMT In contrast to the U.S., countries in North Asia and Australia had "very convincing containment" of the coronavirus crisis, making them more likely to achieve a "very sharp" economic rebound post-pandemic, says Deutsche Bank's Michael Spencer, chief economist and head of research for the Asia-Pacific. Full Article
ri Elon Musk says orders to stay home are 'fascist' in expletive-laced rant during Tesla earnings call By www.cnbc.com Published On :: Thu, 30 Apr 2020 17:11:40 GMT Tesla CEO Elon Musk lashed out at government stay at home orders as "fascist" in an expletive-laced rant on Tesla's Q1 earnings call. Full Article
ri Cars could go completely driverless 'very soon,' says CEO of Chinese autonomous driving tech start-up By www.cnbc.com Published On :: Thu, 30 Apr 2020 04:28:59 GMT Currently, most regulations across various cities in China still require the presence of a safety driver in vehicles. Full Article
ri Ford plans health screenings, temperature checks to bring office workers back beginning in June By www.cnbc.com Published On :: Thu, 30 Apr 2020 19:16:16 GMT Ford Motor expects to begin calling back salaried employees who have been working remotely due to the coronavirus pandemic beginning in late June, executives said Thursday. Full Article
ri Coronavirus could help Tesla retain EV lead as traditional automakers pare electric investments By www.cnbc.com Published On :: Fri, 01 May 2020 13:54:26 GMT Many of the new EVs that were supposed to enter the U.S. market to challenge the California carmaker this year are being delayed. Full Article
ri Electric cars take the spotlight in China's post-coronavirus stimulus plans By www.cnbc.com Published On :: Wed, 06 May 2020 02:45:46 GMT Jing Yang, director of corporate research at Fitch Ratings, expects electric vehicles to outperform an overall slump in China's car sales this year given strong policy support. Full Article
ri Ferrari is now worth more than General Motors and Ford By www.cnbc.com Published On :: Tue, 05 May 2020 18:27:43 GMT Ferrari's market value surged to $30 billion Monday morning, more than the value of General Motors or Ford Motor. Full Article
ri GM raises $4 billion in bond offering, expects to establish new $2 billion credit line By www.cnbc.com Published On :: Thu, 07 May 2020 23:53:36 GMT General Motors plans to further strengthen its cash position during the coronavirus pandemic through an offering of senior unsecured fixed rate notes, the company announced Thursday. Full Article
ri Michigan governor to allow state's auto manufacturing plants to reopen next week By www.cnbc.com Published On :: Thu, 07 May 2020 22:32:34 GMT Michigan Gov. Gretchen Whitmer will allow the state's auto manufacturing plants, most of which have been shuttered since March due to the coronavirus pandemic, to reopen beginning Monday. Full Article
ri Tesla's Fremont plant will resume 'limited operations' on Friday By www.cnbc.com Published On :: Fri, 08 May 2020 12:25:46 GMT The plant will bring back around 30% of employees normally working on a shift. Full Article
ri This skincare company saw record sales in April even as coronavirus pandemic ravaged retail By www.cnbc.com Published On :: Sun, 03 May 2020 14:01:01 GMT The rise of virtual hangouts and work meetings hasn't been enough to stop the battering of the beauty industry as the COVID-19 outbreak has largely put in-person activities on hold. But the clean beauty market has been a bright spot. Full Article
ri How Latino small business owners are keeping their businesses running during coronavirus By www.cnbc.com Published On :: Sun, 03 May 2020 14:46:10 GMT Latino entrepreneurs are among the majority of small business owners directly impacted by the economic fallout. Full Article
ri This realtor became a trucker after the housing crisis and now pulls in six figures during the coronavirus pandemic By www.cnbc.com Published On :: Thu, 07 May 2020 17:26:03 GMT April Coolidge used to work in real estate but now she makes more money driving a truck than she ever did selling houses. Full Article
ri Elon Musk interrupts NASA-SpaceX call during question about his coronavirus views: 'Move on' By www.cnbc.com Published On :: Thu, 30 Apr 2020 22:17:27 GMT SpaceX CEO Elon Musk unexpectedly spoke up during a NASA conference call on Thursday Full Article
ri Rocket Lab CEO: The space industry is entering at least 'a year and a half slog' due to coronavirus By www.cnbc.com Published On :: Sun, 03 May 2020 15:18:42 GMT Rocket Lab CEO Peter Beck told CNBC that the impact of the coronavirus crisis on the space industry is in "early days," as he expects a tough environment for at least 18 more months. Full Article
ri Putting the economy back together again: What the future holds for Americans By www.cnbc.com Published On :: Sun, 03 May 2020 13:24:21 GMT After the coronavirus pandemic passes, life will continue in many regards, but nothing will be the same and the economy won't return to the way it was, not for a long time. Full Article
ri Cramer says Trump can't raise tariffs on China with 30 million unemployed: 'That is 1932' By www.cnbc.com Published On :: Mon, 04 May 2020 17:01:31 GMT Cramer warned that the U.S. economy may be too weak to handle another trade spat with China and discouraged Trump from imposing new tariffs. Full Article
ri Retail investors bought airline stocks even as travel slowed to a trickle, TD Ameritrade says By www.cnbc.com Published On :: Tue, 05 May 2020 00:55:39 GMT "I don't think you're buying these thinking that that business is coming back immediately," TD Ameritrade chief market strategist JJ Kinahan told CNBC. Full Article
ri Cargo carriers reap rewards of coronavirus chaos By www.cnbc.com Published On :: Thu, 07 May 2020 21:01:11 GMT Cargo carriers have become a hot corner of the airline industry as airlines idle planes to face the coronavirus pandemic Full Article
ri Cryptocurrency market jumps by over $13 billion driven by bitcoin as major technical event approaches By www.cnbc.com Published On :: Fri, 08 May 2020 05:45:03 GMT A rally in bitcoin led the cryptocurrency market higher ahead of a major technical event for the digital coin and as industry participants report an increased interest from institutional investors. Full Article
ri BCG: 65% of investors more bearish on the economy than just a month ago By www.cnbc.com Published On :: Mon, 27 Apr 2020 08:37:26 GMT Hady Farag of Boston Consulting Group discusses the firm's latest investor pulse check survey, including how many believe we'll need at least $1-$2 trillion of additional fiscal stimulus to support the economy through the coronavirus pandemic. Full Article
ri Emons: The stock rally appears to be driven by three types of economies By www.cnbc.com Published On :: Mon, 27 Apr 2020 10:24:12 GMT Ben Emons of Medley Global Advisors discusses the opportunities investors can find among companies operating in the "new economy", such as tech and healthcare, and those in a "return to normal" environment, such as entertainment, leisure and hospitality. Full Article
ri Bankrate: Americans are still grappling with the enormity of the economic crisis related to the virus pandemic By www.cnbc.com Published On :: Mon, 27 Apr 2020 10:25:35 GMT Bankrate's Mark Hamrick discusses the findings of a new survey on how Americans are feeling about their financial health, more than a month into coronavirus stay-at-home measures. Full Article
ri NYT: EU bows to pressure to soften criticism of how the Chinese government pushed disinformation about the coronavirus By www.cnbc.com Published On :: Mon, 27 Apr 2020 10:32:59 GMT New York Times reporter Matt Apuzzo discusses his piece on how Beijing moved to tamp down criticism from the West over its response to the coronavirus pandemic. Full Article
ri Jefferies: Boeing may have to shore up about another $15 billion in capital at some point By www.cnbc.com Published On :: Wed, 29 Apr 2020 10:33:35 GMT Sheila Kahyaoglu of Jefferies discusses the biggest issues facing Boeing right now, with much of production still halted due to the coronavirus pandemic. Full Article
ri Campbell: Odds of some type of government support for oil industry are rising By www.cnbc.com Published On :: Thu, 30 Apr 2020 10:24:16 GMT Chris Campbell of Duff & Phelps discusses the likelihood of a bipartisan deal to support the U.S. oil and gas industry, which has been battered by the demand destruction caused by the coronavirus. Full Article
ri Wedbush's Kulina: The key for big tech earnings has been signs of stabilization in April By www.cnbc.com Published On :: Thu, 30 Apr 2020 10:44:05 GMT Joel Kulina of Wedbush Securities discusses the key takeaways from Facebook, Microsoft and Tesla's earnings reports, and whether big tech companies may largely get a pass for a downturn in business in the latter part of Q1. Full Article
ri Morganlander: Would be a buyer in the markets right now of higher quality companies By www.cnbc.com Published On :: Fri, 01 May 2020 10:28:05 GMT Chad Morganlander of Washington Crossing Advisors discusses the factors behind the market's snap-back in April, and which stocks could continue to lead during the uncertainty from the virus pandemic. Full Article
ri Realtor.com: Sharp drop in new listings in April, increase in time it takes to sell a home By www.cnbc.com Published On :: Tue, 05 May 2020 10:29:09 GMT Realtor.com chief economist Danielle Hale discusses the firm's latest housing trends report, including whether demand for home buying will return this summer if the U.S. can effectively contain the coronavirus pandemic. Full Article
ri Dwek: It's great we're restarting, but the level of growth we're going to get is nothing close to what he had pre-crisis By www.cnbc.com Published On :: Tue, 05 May 2020 10:29:15 GMT Esty Dwek of Natixis Investment Managers discusses market reaction to plans by U.S. states and some countries to reopen their economies, and whether stocks may be pricing in too much optimism. Full Article
ri Emanuel: The market has tried to take bad economic news in stride By www.cnbc.com Published On :: Tue, 05 May 2020 10:39:25 GMT Julian Emanuel of BTIG discusses whether health data related to the virus pandemic has become the market's new economic data. Full Article
ri Why one host is striking back at Airbnb by building her own direct booking website By www.cnbc.com Published On :: Fri, 08 May 2020 10:55:30 GMT Polina Raygorodskaya, the co-founder and CEO of direct booking site Wanderu, discusses her and other hosts' frustration with Airbnb policies, and why she decided to build her own site in an effort to diversify her business. Full Article
ri China tourism revenue drops nearly 60% in first major holiday since coronavirus outbreak By www.cnbc.com Published On :: Wed, 06 May 2020 06:20:47 GMT During the Labor Day holiday that ran from May 1 to May 5 this year, China recorded tourism revenue of 47.56 billion yuan ($6.79 billion), down nearly 60% from last year, according to the Ministry of Culture and Tourism. Full Article
ri Stock market live Wednesday: Tech stocks rise, Dow falls 200, GDP -18%? By www.cnbc.com Published On :: Wed, 06 May 2020 20:36:52 GMT A converstation about the latest market-moving news, including oil's six-day rally and expectations of reopening the economy. Full Article
ri Fed's James Bullard says the jobs report on Friday will be one of the worst ever By www.cnbc.com Published On :: Wed, 06 May 2020 14:38:20 GMT Bullard's comments came minutes before ADP reported that private payrolls shed more than 20 million jobs in April amid coronavirus shutdowns. Full Article
ri Fed's Barkin doubts likelihood of negative rates even though the market is pricing them in By www.cnbc.com Published On :: Fri, 08 May 2020 14:03:51 GMT Traders on Thursday priced in a negative federal funds rate by December 2020, lasting at least to January 2022 Full Article
ri Stock market live Friday: Record job losses, investors focused on reopening, Dow gains 450 By www.cnbc.com Published On :: Fri, 08 May 2020 20:37:36 GMT A conversation about the latest market-moving news, including the upcoming jobs report. Full Article
ri Here's what happened to the stock market on Friday By www.cnbc.com Published On :: Fri, 08 May 2020 20:09:22 GMT Stocks rose sharply even after the ugliest monthly jobs report on record as investors bet the worst of the coronavirus and its impact on the economy has passed. Full Article
ri 1-on-One: Stacey & Chris By www.cnbc.com Published On :: Sat, 10 Mar 2018 01:38:12 GMT Stacey in Kansas City, Missouri, is overwhelmed by her fiance Chris's student loan debt and wonders if they should postpone their wedding. They've both come to Suze for advice Full Article
ri Can I Afford It? Backpacking trip By www.cnbc.com Published On :: Sat, 10 Mar 2018 01:38:12 GMT Jessie, who's 48, asks Suze if she can afford to spend $6,000 to take her family backpacking in South America. Full Article
ri Can I Afford It? Epic trip By www.cnbc.com Published On :: Sat, 10 Mar 2018 01:38:12 GMT Forty-six year old Scott wants to know if he can afford to take his wife on a $20,000 trip to Bora Bora to celebrate her birthday. Full Article
ri Can I Afford It? $130,000 Ferrari By www.cnbc.com Published On :: Sat, 10 Mar 2018 01:38:12 GMT Forty-eight year old Max wants to know if he can afford to buy his dream car. Full Article
ri Nucor CEO sticks by dividend, predicts steel price bottom in second quarter By www.cnbc.com Published On :: Wed, 29 Apr 2020 00:21:02 GMT "We are optimistic that we'll see the bottom in Q2 and move out of that as we enter the third and fourth quarters," Nucor CEO Full Article