The Federal Motor Carrier Safety Administration announced it will continue to recognize recently expired drivers’ licenses and medical cards, recognizing the reductions in licensing services caused by COVID-19. ...
On Monday, BofA Securities raised its price target on shares of Disney to $146 from $123 — about 25% from current levels — as the firm believes Disney is well positioned to grow stronger through the COVID-19 crisis. The Final Round panel discusses the bullish call. ...
The markets closed in the green after Monday’s trading session, with the financial and communication sectors leading the way as the Federal Reserve announced it would purchase individual, corporate bonds as part of its lending program to add liquidity to the economy. The Final Round panel discusses the latest....
On Monday, Piper Sandler’s senior research analyst and managing director Brent Bracelin upgraded shares of Shopify from neutral to overweight on what he calls the ‘Great Digital Awakening’ thesis. The call comes as Walmart announced a partnership with the e-commerce site to expand its online marketplace. Brent Bracelin joins The Final Round to discuss the bullish call, as well as what the Walmart-Shopify deal means for e-commerce. ...
Stocks erased earlier losses and rose Monday, after the Federal Reserve said it would begin purchasing individual corporate bonds as part of its emergency lending program to inject liquidity into the virus-stricken economy....