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19 Biggest Losers of COVID-19

19 Biggest Losers of COVID-19

It's hard to miss news headlines about COVID-19. The coronavirus outbreak has brought the world to its knees. Schools have closed, workplaces have shuttered, and many worry about the far-reaching effects of the virus on financial markets. As governments around the...

Another Emotional Week, But Tech Giants Like Apple Try to Hold

Another Emotional Week, But Tech Giants Like Apple Try to Hold

Stocks crashed again last week, but it could have been a lot worse. At one point, the S&P 500 was down more than 16 percent because of coronavirus. If the index had remained there, it would have been the second-biggest drop since at least 1950. But then a...

Oil Heads for Third Weekly Gain as OPEC Prepares to Extend Production Cuts

Oil Heads for Third Weekly Gain as OPEC Prepares to Extend Production Cuts

Energy has gone nowhere for months, but now some positive forces may be lining up. Reuters reported yesterday that OPEC will probably extend its oil-production cuts from March 2020 until June. The change could be announced at the cartel's next meeting on December 5-6....

Tesla Takes Off as Other Major Technology Names Drift: Earnings This Week

Tesla Takes Off as Other Major Technology Names Drift: Earnings This Week

Some big technology stocks have reported earnings in the last week, but investors mostly shrugged so far. The big gainer is Tesla (TSLA), which ripped 17 percent after showing a big turnaround in profitability. The improvement in its margins and cash flow give the...

Bearishness Reigns in Energy Giant: Options Recap

Bearishness Reigns in Energy Giant: Options Recap

Energy's the weakest sector over the long run, and options traders are sticking with that trend. Check out this giant bearish trade in oil-field servicing company Halliburton (HAL): A block of 58,000 22-February 27.50 puts was bought for $1.45. A block of 58,000...