from Arizona to Washington, D.C., because of concerns about the coronavirus. The DNC had already announced the debate would be held without a live audience. Gap reported adjusted quarterly earnings of 58 cent per share, 17 cents above estimates, with the clothing chain's revenue also above Wall Street forecasts. It also forecast better-than-expected 2020 profit, although it did say it expected a $100 million revenue hit this quarter due to the coronavirus outbreak.
Apple reopened its 42 branded stores in China, after shutting them down in early February due to the coronavirus outbreak. Oracle beat estimates by a penny with adjusted quarterly profit of 97 cents per share, with the business software company's revenue slightly above analyst forecasts. Results got a boost from growth in Oracle's cloud business.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Just so everyone know - American Airlines is price gouging those of us who had to bring loved ones home from Europe in a hurry
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Dow plummets most since 1987 as Trump stimulus plan fails to materialize - Business InsiderThe Federal Reserve announced it will inject $1.5 trillion of capital into markets this week, but that wasn't enough to save stocks. 45 does not lead when we need it in the stock market but he is happy to gift welfare for stock buybacks? Trump and CONGRESS remember what their role is.... Stop the blame politics and dividing in this crisis. We have a government - he’s not King. It’s so demoralizing watching media carry out a get POTUS at all costs agenda. What happens to journalism? Why this pic as the thumbnail tho... :')
Source: BusinessInsider - 🏆 729. / 51 Read more »
Stock market live updates: Dow jumps 1,300, S&P gains 6%, Mnuchin says buying opportunityLIVE StockMarketUpdates: Stocks surged at the open, one day after posting their worst day since the Oct. 1987 crash. Dead Cats are a hot commodity these days NONE OF WHAT TRUMP SAID AT HIS CONFERENCE WAS FALSE.
Source: CNBC - 🏆 12. / 72 Read more »
S&P 500 and Dow: How coronavirus is hurting stocksAs coronavirus spreads through the global economy, CNNBusiness is tracking the stocks, sectors and indicators most impacted, in real-time. Follow along: Business Business Is it really any surprise that Trumpdemic is potus during the worst StockMarketCrash since blackmonday 1987? Business I was listening to some cuts of your talking heads on the Hannity show, until I coiuldn't take it anymore. First, let me say as a emergency manager, and a public health professional you have no idea what you spewing forth from your station!
Source: CNN - 🏆 4. / 95 Read more »