It’s not easy to beat every quarter during a pandemic. But these 5 companies have been doing it.
Superb earnings from great companies are driving stocks higher, so let’s take a tour of my faves.
A woman enters a CVS Covid-19 vaccine site in Monterey Park, California on April 27, 2021. Frederic J. Brown | AFP | Getty Images CVS Health Chief Executive Karen Lynch said Wednesday that the peak of Covid-19 vaccinations is behind the company. On an earnings call, she said the drugstore chain has administered 30 million
In this article RCL Royal Caribbean International’s Anthem of the Seas cruise ship calls at Greenock port on July 22, 2021 in Greenock, Scotland. Jeff J Mitchell | Getty Images Royal Caribbean International reported a second-quarter loss on Wednesday that was wider than analysts were anticipating, as the spread of the delta coronavirus variant slowed
In this article GM LYFT HOOD Omar Marques | LightRocket | Getty Images Check out the companies making headlines in midday trading. Robinhood Markets — Robinhood shares rose in wild trading as the newly public online brokerage zoomed past its IPO price of $38 per share. The brokerage app surpassed its IPO debut volume of
Theranos founder Elizabeth Holmes leaves the Robert F. Peckham Federal Building with her defense team in downtown San Jose, Calif., on Tuesday, May 4, 2021. MediaNews Group/The Mercury News via Getty Images | MediaNews Group | Getty Images Elizabeth Holmes, the embattled former CEO of blood-testing start-up Theranos, was dealt a major blow on Wednesday
Vanguard signage at a Morningstar Investment Conference. M. Spencer Green | AP Vanguard is offering its employees $1,000 to get vaccinated against Covid-19, the company has confirmed. The asset management giant follows Facebook, Google, Microsoft and other employers calling on workers to get the coronavirus vaccine amid growing concerns about the fast spread of the
Pent-up demand is bringing shoppers back to malls like the Mall of America in Minneapolis. Owen Franken | Corbis Documentary | Getty Images After being hobbled by the pandemic recession, real estate investment trusts are rebounding rapidly, and the economic recovery isn’t the only thing driving growth this year. Share prices are rising from demand
Joe Raedle | Getty Images News | Getty Images Most states are re-imposing a requirement to look for work as a condition of getting unemployment benefits — and the holdouts may soon do the same. So-called “work search” rules have long been a condition for the jobless to receive income support from the government. It
Samuel Corum | Getty Images News | Getty Images A Senate infrastructure measure unveiled Sunday would end a pandemic-era tax break for businesses three months early in order to raise funding. Certain businesses are currently able to claim a refundable payroll tax credit — the employee retention credit — on a portion of workers’ wages
Richard Stephen | iStock | Getty Images Leopold broke down his bed and his children’s bunk beds and packed up his belongings, preparing for himself, his wife and their six children to become homeless. “I was trembling,” said Leopold, who asked to use his first name only because of the stigma attached to eviction. “But
In this article CVS A view outside a CVS Pharmacy store on July 16, 2020 in Miramar, Florida. Johnny Louis | Getty Images CVS Health on Wednesday outpaced analysts’ expectations for second-quarter earnings and raised its forecast for the year, amid rising coronavirus cases in the U.S. and efforts to reenergize the nation’s vaccination campaign.
In this article GM General Motors Co. Chevrolet Traverse sports utility vehicles (SUV) sit on the assembly line at the company’s Lansing Delta Township Assembly Plant in Lansing, Michigan, on Friday, Feb. 21, 2020. Jeff Kowalsky | Bloomberg | Getty Images General Motors is set to report its second-quarter earnings Wednesday morning. Here’s what Wall
U.S. stock futures fell slightly on Tuesday night after the S&P 500 rose to another fresh record during the regular session. Dow Jones Industrial Average futures fell 33 points, or 0.09%. S&P 500 and Nasdaq 100 futures dipped 0.09% and 0.03%, respectively. A strong earnings season continued after the bell Tuesday with Lyft and Caesars
For decades, billionaire investor Ray Dalio has rubbed elbows with some of the most successful people in the world. Along the way, he’s learned a thing or two — including a habit that the “who’s who” (as he calls them) are just better at than the average person. “By and large,” Dalio tells CNBC Make
SpaceX added subscribers to its Starlink satellite internet service, with Elon Musk’s company saying it now serves about 90,000 users around the world. The company gave an update on Starlink’s growth in a July 29 call with Federal Communications Commission officials, noting that the service now has users in 12 countries. The new user total,
Marko Geber You’ve reached your emergency fund savings goal, and have the capacity to continue saving even more. Where should you put the money? For younger investors, it’s especially important that they’re putting some of their longer-term savings into the stock market. With years and even decades until they need that money, they stand to
Maskot | DigitalVision | Getty Images Gen Z is one of the most entrepreneurial generations in history. More than half of Gen Zers who participated in a recent EY study said they hoped to own their own business in the next 10 years. However, as every seasoned entrepreneur knows, starting your own company comes with
The Biden administration’s proposals to increase transfer payments and expand federal benefits in many ways resemble the social safety net policies of Scandinavian countries. To fully follow the Scandinavian model would require additional taxes that place a higher burden on middle-income earners, but instead, Biden proposes higher taxes on corporations and households making more than
In this article CATL-SG Easy credit is becoming less available in China’s real estate market, but CapitaLand Group’s Andrew Lim says fiscally prudent firms could stand to benefit. “In the current climate where other companies may be more fiscally challenged without access to credit, we’re now in the position to sort of level the playing