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Tag Archives: rise

Coronavirus: Cases Rise As France “Goes Wrong”

Image rights Reuters Image description French Prime Minister Jean Castex (left) issued a warning in Montpellier on Tuesday New coronavirus infections in France have almost doubled in the past 24 hours as Prime Minister Jean Castex warned the country had been “wrong track” for two weeks. The Ministry of Health has reported 1,397 new infections with Covid-19 since Monday. Fourteen …

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Stock futures rise as S&P records 500 eyes record

US stock futures rose in overnight trading, pointing to gains on Wednesday’s opening after the S&P 500 closed for the first time in eight days. Dow futures rose 70 points. The S&P 500 and Nasdaq-100 futures gained 0.27% and 0.5%, respectively. After the bell on Tuesday, President Donald Trump said the U.S. government would buy 100 million doses of Moderna’s …

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China’s auto sales rise for the fourth year in a row

BEIJING – China’s auto market grew for a fourth straight month, fueled by strong government incentives and a robust recovery in demand for commercial vehicles. Sales in China rose 16.4% year over year to 2.11 million vehicles in July, the government-backed Chinese Association of Automobile Manufacturers said on Tuesday. Since May, the world’s largest auto market has seen low double-digit …

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European stocks rise after Trump unilaterally extends unemployment benefits

U.S. President Donald Trump signs executive orders to extend economic relief from the coronavirus during a press conference on August 8, 2020 in Bedminster, New Jersey. Jim Watson / Agence France-Presse / Getty Images European stocks rose on Monday, aided by US President Donald Trump’s move to unilaterally expand unemployment benefits in the world’s best economy. After a plus of …

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Vornado shares rise after Facebook agrees to lease the Farley Building in New York

Facebook Inc. FB, -0.67% plans to lease the Farley Building, a centerpiece of a major New York project at the Vornado Realty Trust VNO, -1.44%, The companies announced Monday afternoon and sent Vornado shares higher in over-the-counter trading. Facebook uses all available office space in the Farley Building, which extends between 31st and 33rd streets and 8th and 9th streets …

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A new electric truck SPAC called Lordstown is formed and the shares rise

Corp. Electric Pickup Endurance Lordstown Motors Corp. will be exhibited during a unveiling event in Lordstown, Ohio, USA, on Thursday, June 25, 2020. Matthew Hatcher | Bloomberg | Getty Images Shares in DiamondPeak Holdings, a special-purpose acquisition company, rose more than 20% on Monday during premarket trading after the company announced it would merge with electric vehicle maker Lordstown Motors. …

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UPDATE: ADT shares rise 52% ahead of corporate news market entry with Google to develop a smart home security product

Shares in private and commercial security provider ADT Inc. ADT, -0.46% rose 52% on Monday in premarket trading after the company announced a new company with Alphabet Inc. from Alphabet Inc. -3.27% Aco, -3.16% Google is creating the next generation of smart home security offerings. The partnership will build on Google Nest hardware and services combined with ADT’s installation, service …

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Big tech earnings rise during the pandemic as the economy slumps

(Bloomberg) – The largest US technology companies are thriving in a pandemic that is increasing dependency on their products and services while affecting much of the rest of the economy. The quarterly results are from Apple Inc., Amazon.com Inc., Facebook Inc. and Alphabet Inc. show on Thursday that the industry is benefiting from the crisis as blocked consumers use technical …

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