Month: April 2020

Passengers are seen wearing protective masks and gloves at Miami International Airport in Miami, Florida, United States on March 29, 2020. Eva Marie Uzcategui | Anadolu Agency | Getty Images Delta Air Lines on Thursday became the latest airline to require travelers wear masks on board their planes as carriers take steps to try to protect the health
0 Comments
Amazon reported its first-quarter earnings after the bell on Thursday, revealing the pandemic’s impact on the business that has been a rare bright spot on the stock market. The stock fell about 5% after hours after missing estimates on earnings while beating revenue expectations. Here’s what Amazon reported: Earnings per share (EPS): $5.01 Revenue: $75.45 billion
0 Comments
Elon Musk, CEO of Tesla and SpaceX. Peter Parks | AFP | Getty Images Elon Musk is having issues with conference calls lately. Thursday afternoon, the SpaceX CEO unexpectedly spoke up during a NASA conference call after the agency’s administrator, Jim Bridenstine, was asked about Musk’s recent comments on the coronavirus pandemic. On Wednesday night, Musk,
0 Comments
Apple shares were down more than 1% during extended trading on Thursday after the company reported a slight increase in second-quarter revenue to $58.3 billion, during a period in which supply and demand for Apple’s products was negatively affected by the Covid-19 pandemic. Here’s how Apple did: EPS: $2.55 per share, adjusted Revenue: $58.3 billion iPhone revenue: $28.96
0 Comments
Tom Cruise and Nicole Kidman at the racetrack in a scene from the film ‘Days of Thunder’, 1990. … [+] (Photo by Paramount Pictures/Getty Images) Getty Images “Control is an illusion, you infantile egomaniac. Nobody knows what’s gonna happen next: not on a freeway, not in an airplane, not inside our own bodies…’’ Dr. Claire
0 Comments
Apple now has $192.8 billion cash on hand, according to the company’s fiscal second-quarter earnings report released Thursday.  That’s down 7.4% from its fiscal first quarter of 2020, when the company reported a $207.06 billion cash pile. Apple has continuously hosted one of the largest cash piles among U.S. companies, but is facing pressure from the Covid-19 pandemic.  
0 Comments
Ariel Investments co-CEO and president Mellody Hobson speaks at the 2017 Fortune Most Powerful Women Summit in Washington, D.C. Paul Morigi | Getty Images Entertainment | Getty Images Investment expert Mellody Hobson is a firm believer in teaching kids about investing. She’d like it taught at every school in America — even at a young
0 Comments
Restaurateur Luca Di Pietro and his team have become known as the “lasagna guys” among New York City’s frontline workers. That’s because Di Pietro and his team have helped deliver more than 64,000 meals to healthcare workers amid the Covid-19 pandemic. “The lasagna is always a big hit,” Di Pietro, 50, who is the owner of owner
0 Comments
Jack Dorsey, co-founder and chief executive officer of Twitter Inc., listens during a Senate Intelligence Committee hearing in Washington, D.C., U.S., on Wednesday, Sept. 5, 2018. Andrew Harrer | Bloomberg | Getty Images Twitter is set to report first-quarter 2020 earnings before the bell on Thursday. The report is expected to give investors further insight
0 Comments
Phynart Studio Prior to the Covid-19 pandemic, an astounding 53% of the American population felt anxious about personal finances. Undoubtedly, that percentage has grown significantly, with more than 26 million Americans becoming unemployed since then. The statistics are alarming, but it is not time to panic — it’s time to plan. Although many financial plans
0 Comments
Microsoft CEO Satya Nadella Tobias Schwarz | AFP | Getty Images Microsoft shares rose as much as 3% in extended trading on Wednesday after the company reported fiscal third-quarter sales growth of 15%, fueled by its cloud business. The company said in a statement that the coronavirus “had minimal net impact on the total company
0 Comments
Elon Musk, chief executive officer of Tesla Inc., speaks during a ceremony at the company’s Gigafactory in Shanghai, China, on Tuesday, Jan. 7, 2020. Qilai Shen | Bloomberg | Getty Images Tesla reported first-quarter earnings on Wednesday.  Here’s how the company did:  Earnings per share (EPS): $1.24 per share, ex-items Revenue: $5.99 billion Wall Street
0 Comments