Covid-19

A few weeks into the COVID-19 outbreak, the World Health Organization warned not of an epidemic but of a “massive infodemic.” A deluge of media reports flooded consumers with information that blended the true and the false. The WHO said the threat “makes it hard for people to find...

Travel stocks have been volatile in recent weeks due to uncertainties surrounding the potential impact of the COVID-19 coronavirus outbreak on global travel. Expedia Group Inc (NASDAQ: EXPE) shares have rallied following a big earnings beat, and the online travel giant certainly has the attention...

The COVID-19 virus has infected 75,204 worldwide as of Wednesday and killed more than 2,000, according to the World Health Organization. In the U.S., 15 cases of the new coronavirus, a close cousin of SARS and MERS, have been reported, according to the Centers for Disease Control. As the virus...

The Street took a big bite out of Apple Inc. (NASDAQ: AAPL) Tuesday after management reported that the coronavirus, among other factors, would likely drive a second-quarter sales miss. COVID-19 has “temporarily constrained” supply, shuttered distribution sites and pressured Chinese...

Shares of Apple Inc. (NASDAQ: AAPL) were trading lower by 2% early Tuesday morning after the iPhone maker said it doesn't expect to meet its prior fiscal second-quarter revenue guidance of $63 to $67 billion due to the coronavirus outbreak. Here's how several experts reacted to the...

Benzinga has examined the prospects for many investor favorite stocks over the past week. Bullish calls included a leading automaker and a resort operator. Bearish calls included an apparel maker and a coffee giant. The major U.S. indexes ended the past week marginally lower, led by the almost 3%...

The COVID-19 virus outbreak has certainly made investors uneasy, and the idea of a deadly global pandemic is cause for concern. One traditional safety trade for investors is to buy gold or gold mining stocks. The SPDR Gold Trust (NYSE: GLD) is up 3.8% so far in 2020, but the VanEck Vectors Gold...

Chinese electric vehicle manufacturer Nio Inc – ADR (NYSE: NIO) announced a $100-million private placement debt offering Friday that comes close on the heels of $100 million in financing that it announced earlier this month.  The Terms Of Nio's Financing Deal Nio said it...

Luckin Coffee Inc – ADR (NASDAQ: LK), which is being touted as a serious threat to Starbucks Corporation (NASDAQ: SBUX) in China, discussed concerns surrounding the COVID-19 outbreak's effect on the coffee chain in a conference call with analysts.  Luckin's Q1 Revenue Likely To...

Starbucks Corporation (NASDAQ: SBUX) could face a tumultuous near-term, weighed down by the COVID-19 outbreak in China, but the coffee retailer is well positioned in the long term, according to an MKM Partners analyst.  The Starbucks Analyst Brett Levy initiated coverage of Starbucks with...

Shortly after reporting a leveling in its COVID-19 infection rate, China’s count of new cases spiked to 15,152 Thursday. The mass of reports brings the country’s confirmed case count to nearly 60,000. The spike doesn’t necessarily reflect accelerated transmission. Rather, the...

Nio Inc – ADR (NYSE: NIO) shares were higher in four straight sessions, defying lackluster deliveries statistics for January and a warning of further weakness. The stock was pulling back Thursday amid a report that the company is delaying payment of salaries to employees. Chairman and CEO...

NVIDIA Corporation (NASDAQ: NVDA) is scheduled to report fiscal year 2020 fourth-quarter results Thursday after the market close.  The Nvidia Analysts Susquehanna Financial Group analyst Christopher Rolland maintained a Positive rating on Nvidia and lifted the price target from $285 to $...

Carnival Cruise (NYSE: CCL) shares appear to be unaffected Wednesday by reports that 39 additional people have been tested positive for COVID-19 on the Diamond Princess cruise ship. The Diamond Princess was placed in quarantine for two weeks upon arrival in Yokohama, Japan Feb. 3...

The majority of Calvin Klein and Tommy Hilfiger stores in China are temporarily closed, PVH Corp (NYSE: PVH) announced Wednesday, adding that it is working with authorities in China to closely monitor the COVID-19 outbreak. The apparel company updated its earnings guidance...