12-15 minutos - Source: NYT
Global markets tumble on more negative outbreak news.Global markets fell on Thursday amid more signs that the global recovery from the coronavirus will be slow and painful.
U.S. job losses keep mounting, and many of the unemployed can’t get benefits.
The pandemic ruined Tesla’s momentum, and Elon Musk is livid.
After a turbulent start to 2019, Tesla, the electric car company he co-founded, had reported profits two quarters in a row and its stock was surging. Mr. Musk claimed vindication by defeating a defamation lawsuit and was staying out of trouble on Twitter. Tesla was on a tear.
“I have vastly more respect for someone who takes pride in doing a good job,” he said in an email, “whatever the profession, than some rich or famous person who does nothing useful.”
Powell’s warning on the economy spooked investors.
“There is an inverse correlation between stock prices and the desire from Congress to provide additional stimulus,” said William Delwiche, an investment strategist at Baird, a financial firm based in Milwaukee.
China gets its ‘OK Boomer’ moment over the nation’s future.
Sony shares are down after the pandemic hits its electronics business hard.
The company’s shares opened 3.5 percent lower Thursday morning, before recovering some ground by midafternoon.
Uber says it raised $900 million to fund acquisitions.
J.C. Penney could file for bankruptcy as soon as Friday.
Reporting was contributed by Niraj Chokshi, Li Yuan, Ben Dooley, Carlos Tejada, Jeanna Smialek, Jim Tankersely, Matt Phillips, Sapna Maheshwari and Michael J. de la Merced.