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Boeing Profits Slide in First Quarter as Pandemic Weighs

The Boeing Company (NYSE: BA) stock jumped more than 8 percent Wednesday after it has reported first-quarter financials. The major manufacturer of commercial jetliners, military aircraft, satellites, missile defense, human space flight and launch...

Conduent Collaborates with Amazon Web Services to Help Government Improve COVID-19

Conduent Incorporated (NASDAQ: CNDT) announced Thursday that its disease surveillance and outbreak management platform, Maven®, is now available on Amazon Web Services (AWS). According to the Company, the Maven solution was recently configured to...

U.S. Gold Corp. Updated Economics of the Copper King Deposit

U.S. Gold Corp. (NASDAQ: USAU) stock jumped more than 120% Tuesday after the gold exploration company announced that it has internally updated the economics of the Copper King deposit to reflect the recent rise in gold prices.  Mine Development...

Boeing to Suspend Production at its Puget Sound Facilities Due to COVID-19 Pandemic

The Boeing Company (NYSE: BA) is one of the companies that suffered most losses from the COVID-19 pandemic. The stock of the Company fell to about $105 a share (as of Monday) from highs of $315 a share just one month ago. On Friday, the Company...

The Federal Reserve Cuts Rates to Near Zero, Markets Fall

The financial markets in freefall Monday morning after the Federal Reserve announced on Sunday that it slashing interest rates by a full percentage point to near zero and said it would buy $700 billion in Treasury securities. This is an...

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Facebook and Instagram Influencers Can No Longer Promote Vaping

Instagram and its owner Facebook, Inc. (NASDAQ: FB) has banned the promotion of vaping, tobacco, and weapons on its platforms, reports CNBC.  The promotion of vaping, tobacco, and weapons have been prohibited by Facebook and Instagram for a long...

Tesla Considering Lowering Prices of China-Built Model 3

Tesla, Inc. (NASDAQ: TSLA) is possibly considering cutting the price of its China-built Model 3 sedans by 20% or more next year, according to Bloomberg, citing sources familiar with the matter.  Tesla shares were trading 2.01% or at USD 386.60...

Boeing Shares Slide After Temporarily Suspending 737 Production

Boeing (NYSE: BA) announced on Monday that it has decided to temporarily suspend the production of the 737 MAX aircraft until January. Boeing shares slipped by 4.3% at the opening bell on Tuesday. Reports emerged over the weekend that Boeing was...

Delta Forecast Revenue Growth in 2020

Delta Air Lines (NYSE: DAL) held its annual event for the investment community on Thursday and provided an update on its business strategy and 2020 financial targets.   The airline highlighted in its event that Delta expects diluted earnings...