ai

Stock market leaders unite against calls to stop trading, saying it would only compound anxiety

Closing the stock market amid the coronavirus pandemic might only amplify investors' anxieties.




ai

If you see an earnings estimate, it's probably wrong, given ongoing pandemic uncertainty

Companies have been slow to withdraw their earnings guidance, which makes estimating earnings for the S&P 500 nearly impossible.




ai

Investors should have up to 10% in this 'hedge against the unexpected,' says 'Godfather' of gold

George Milling-Stanley, who helped create the SPDR Gold Trust, says the precious metal is not just a hedge against inflation but against the unexpected.




ai

Macy's is the first of what could be a retail and energy purge from the S&P 500

Macy's won't be the last company kicked out of the S&P 500. Judged solely by market capitalization, many companies in the index appear in danger of being kicked out.




ai

Luckin Coffee is a painful reminder of 'the extreme fraud risk' of some China-based companies

Accounting woes at Luckin Coffee led to a 75% decline in the Chinese company's stock on Thursday.




ai

For investors banking on dividends, the 'pain has just begun'

As companies deal with declining cash flow amid the coronavirus pandemic, they are likely to cut or even suspend dividends.




ai

Retail investors who believed they were investing in crude oil get a rude awakening

"Know what you own" is an old adage when investing, but it is especially important when owning investments that hold futures contracts.




ai

Investors are betting two of the hardest hit groups — energy and airlines — have bottomed

The last few weeks have seen many unusual flows into exchange-traded funds that offer an insight into the market recovery.




ai

Warren Buffett says Berkshire sold all its airline stocks because of the coronavirus

Buffett said Berkshire sold its entire stake in United, American, Southwest and Delta Airlines, worth more than $4 billion on December 31.




ai

Warren Buffett gave airlines another go. Coronavirus was a problem he couldn't stomach

Warren Buffett has again ditched the airline sector as coronavirus threatens to be a challenge too big for him to stomach.




ai

The S&P 500 ekes out a small gain to start the week, supported by strength from big tech

Stocks rose slightly on Monday to start the week, as the advance in the biggest U.S. technology shares lifted the market higher.




ai

Buffett on coronavirus, airlines and more: Watch the 5 best moments from the Berkshire meeting

Berkshire Hathaway's 2020 annual shareholder meeting, the "Woodstock for Capitalists," was hosted virtually for the first time ever.




ai

US airline stocks tumble after Buffett sells stakes

Airline shares were headed for another day of sharp declines, this time after Warren Buffett said Berkshire Hathaway's cashed out of its stakes in the four largest carriers.




ai

Buyers appear to be 'calling the bottom' in the JETS airline ETF, market analyst says

As airline stocks tumble, investors in the U.S. Global Jets ETF (JETS) seem to betting on a further bailout for the group, says market researcher Dave Nadig.




ai

Warren Buffett unloads airline stocks, but trader sees opportunity in three other travel names

Warren Buffett has exited the airlines, but one trader says there could be pockets of opportunity elsewhere in the travel space.




ai

Egyptian billionaire Naguib Sawiris sees oil at $100 in 18 months, says he would buy airlines

Egyptian billionaire Naguib Sawiris said he would buy airlines, going against fellow billionaire investor Warren Buffett, who announced that Berkshire Hathaway sold all airline stocks at the firm's annual meeting on Saturday.




ai

Cramer explains why GE's board really booted former CEO John Flannery

Jim Cramer argues that the former General Electric CEO wasn't removed because of the speed of his turnaround.




ai

Analyst maintains longer-term view on investments amid lock down

BMO Global Asset Management's David Moss believes in looking for businesses that are "great quality long-term winners," as Europe undergoes a Covid-19 lockdown period.




ai

The Week Ahead: Disney reopens Shanghai park

CNBC's Dominic Chu looks ahead to what are likely to be next week's top business and financial stories.




ai

United Airlines not proceeding with $2.25B bond offering

CNBC's Phil LeBeau reports on United Airlines bond offering. With CNBC's Melissa Lee and the Options Action traders, Carter Worth, Mike Khouw and Tony Zhang.




ai

United Airlines swings to $1.7 billion loss in first quarter as bookings disappeared in coronavirus pandemic

United Airlines had reported a first-quarter pretax loss earlier this month.




ai

Apple reports flat revenue and does not offer guidance because of coronavirus uncertainty

Apple did not issue guidance for the quarter ending in June, as it usually does. The company withdrew guidance for its second-quarter in February as the Covid-19 coronavirus spread in China.




ai

Clorox says sales jump 15% on strong demand for cleaning products, raises forecast

Clorox cleaning segment, which includes its namesake bleach and Pine-Sol, saw sales growth of 32%.




ai

Wayfair shares rocket higher as coronavirus-related store closures shift more demand its way

Online furniture retailer Wayfair's net loss widened during the first quarter, as its sales surged nearly 20% from a year ago.




ai

SAS CFO says airline should be granted government support amid pandemic

Torbjorn Wist, CFO of SAS, discusses the airline's position in the coronavirus crisis and its seeking of state aid to support the company through the pandemic.




ai

Seeing spike in demand for sedatives and painkillers, Fresenius CFO says

Rachel Empey, CFO of Fresenius, outlines how the healthcare firm's earnings are being impacted by the coronavirus crisis.




ai

Economic scars will remain for EU after coronavirus, official says

EU Economic Commissioner Paolo Gentiloni discusses the economic impact of the coronavirus pandemic across the euro zone.




ai

German court ruling on ECB bond buying 'laughable,' Societe Generale chair says

Lorenzo Bini Smaghi, chairman of Societe Generale and former member of the ECB's executive board, discusses the German constitutional court's call for the European Central Bank to justify its bond-buying program.




ai

Taiwan: the world's new whiskey capital?

The results are in, and Taiwan's Kavalan distillery has the best single-malt whiskey in 2015.




ai

The current global slowdown is going to have a long tail, strategist says

James Morton, CIO at Santa Lucia Asset Management, discusses the prospect of a recovery from the coronavirus pandemic, saying the downturn will last for a while.




ai

Lebanese citizens on a painful path despite the government's rescue plan, analyst says

Gregg Carlstrom, Middle East Correspondent at The Economist says a haircut for banks in Lebanon seems inevitable despite their recent spat with the government.




ai

The coronavirus pandemic is a 'crisis of trust' for consumers: Majid Al Futtaim CEO

It's going to be a "very difficult" period for the Middle East given coronavirus pandemic, but this could be a "golden opportunity" for economies to implement reforms and become more resilient, says Alain Bejjani, CEO of Majid Al Futtaim.




ai

Oil could hit $100 in next 18 months: Egyptian billionaire Naguib Sawiris

Oil prices could rise to $100 in the next 18 months, given that the fallout from the Russia-Saudi oil war has effectively killed the shale industry in the United States for the next year or so, says Naguib Sawiris, chairman and CEO at Orascom Investment Holding.




ai

Op-Ed: SBA chief pledges 'every available resource' to aid small businesses

All small businesses are eligible, including non-profits, self-employed individuals, sole proprietorships, and independent contractors, writes SBA Administrator Jovita Carranza.




ai

Stock buybacks: We need a new litmus test after the bailouts

A government bailout of companies due to the coronavirus has led to criticism after a record decade of stock buybacks. Companies that can't manage cash flow deserve the attacks.




ai

Op-ed: To help Main Street businesses, look to Main Street banks

Local community banks were among the most prepared and willing to step up during these unprecedented times, releasing loans far earlier than many of their Wall Street counterparts.




ai

Op-Ed: Britain needs an economic model to guide the lifting of the coronavirus lockdown

Covid-19 has forced epidemiology and economics to become intertwined as never before.




ai

One of Main Street's biggest fears in economic reopening — new regulations

As small businesses across the country grapple with economic reopening, one of their biggest fears is that new regulations will be a net negative for post-Covid-19 Main Street.




ai

This is how many furloughed Main Street employees will get jobs back

As the economy reopens from the coronavirus shock, not all small business jobs held on Main Street will be coming back, not even by a long shot, according to the Q2 2020 CNBC|SurveyMonkey Small Business Survey.




ai

Repurposing existing drugs to treat coronavirus will likely be quicker than a vaccine, scientists claim

A team of international experts said that while there was no "magic bullet" for treating Covid-19, successfully identifying a drug that could treat the virus was likely to take less time than rolling out a vaccine.




ai

US, China trade negotiators talk about phase one deal as uncertainty looms

U.S. Treasury Secretary Steven Mnuchin and U.S. Trade Representative Robert Lighthizer spoke to Chinese Vice Premier Liu He late Thursday Eastern time.




ai

Dow rises more than 400 points despite record job losses, posts first weekly gain in three

Stocks rose even after the ugliest monthly jobs report ever as investors bet the worst of the coronavirus and its economic impact has passed.




ai

Britain could quarantine incoming travelers for 14 days, report suggests

Britain is to introduce a 14-day quarantine period for almost everyone arriving into the country to avoid a second peak of the coronavirus pandemic, The Times newspaper reported on Saturday.




ai

Apple's earnings report could lead to big gains, options trader bets

The countdown to Apple earnings is on, and one options trader is betting on a big post-earnings bounce for the tech giant.




ai

Chartmaster says payment stock could be poised for gains on earnings

Carter Worth on PayPal, with CNBC's Melissa Lee and the Options Action Traders, Tony Zhang and Mike Khouw.




ai

Uber cuts 3,700 jobs, CEO foregoes salary due to uncertain pandemic impact

Uber will lay off 3,700 employees, the company announced in a filing with the Securities and Exchange Commission Wednesday. The cuts to its customer support and recruiting teams represent about 14% of its 26,900 employees, based on Uber's most recent headcount. CEO Dara Khosrowshahi will also forgo his base salary for the rest of the year, which was $1 million in 2019.




ai

Democrat and Republican voters remain split on Covid-19 precautions in battleground states, poll shows

CNBC's Eamon Javers breaks down new survey results from battleground states, and split opinions on the coronavirus pandemic among Democratic and Republican voters.




ai

Jim Cramer: 'Going against Beyond Meat is going against history'

CNBC's Jim Cramer says Beyond Meat is one of the most dangerous shorts in the market right now because people are turning to the meat substitutes as coronavirus makes retail demand rise.




ai

Here are the states with the most jobless claims

CNBC's Steve Liesman breaks down the latest jobless claims numbers, and which states have been hardest hit by the shutdown.




ai

Retailers face new task of keeping customers safe as stores reopen

CNBC's Courtney Reagan reports on the task many retailers now face: keeping customers safe once stores are open.