One thing we could say about the analysts on Royal Caribbean Cruises Ltd. (NYSE:RCL) – they aren’t optimistic, having just made a major negative revision to their near-term (statutory) forecasts for the organization. This report focused on revenue estimates, …
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Key Takeaways: Lockdowns likely boosted e-commerce, web services, and entertainment streaming businesses; Amazon AMZN has been on a big hiring spree while other companies are dialing back amid the pandemic; Many analysts have upped their price …
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BEIJING — Nio Inc’s shares jumped more than 14% on Wednesday after it said it had secured a 7 billion yuan ($989 million) investment in Nio China, a new entity controlled by the Chinese electric vehicle maker. The new investment will will smooth its cash …
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iRobot, the company behind the autonomous Roomba vacuum, says it’s scrapping its plans to release its lawn-mowing robot, the Terra, because of the pandemic. The company said in its earnings release yesterday that it’s “suspended” its launch plans for the …
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Here’s what you need to know about the coronavirus outbreak to navigate the markets today. • Starbucks will start opening some closed locations next week and will open 90% of its company-owned stored by early June, the company’s CEO Kevin Johnson …
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