The travel and tourism industry was heavily impacted by the coronavirus, but it may begin to see a turnaround as consumers look to travel in the coming summer months. Michael Brown, CEO of Wyndham Destinations, joins Yahoo Finance to discuss. ...
Great men play by their own rules. This was certainly true of inventor Nikola Tesla.Source: Pe3k / Shutterstock.com It's also true of Elon Musk, CEO of Tesla (NASDAQ:TSLA), which was named for the inventor. Musk's decision to reopen the company's plant in Alameda, defying a government order, led one politician to tweet a four-letter word at him.But Musk has delivered for holders of TSLA stock. Proof came in the form of a $16 million profit for the March quarter, on revenue of almost $6 billion. Tesla opened for trade May 15 at $803 per share, a market capitalization of nearly $149 billion.InvestorPlace - Stock Market News, Stock Advice & Trading TipsBy way of comparison, General Motors (NYSE:GM), Ford (NYSE:F) and Fiat Chrysler (NYSE:FCAU) are worth a combined $66 billion. Investors Must Trust Elon MuskEven Musk isn't predicting the good times will keep rolling. During the quarter Tesla suspended operations in both...
When it comes to Dow Jones Industrial Average stock 3M (NYSE:MMM), investors have been faced with their share of ailments off and on the price chart. But following a new sales report, will the old doggish trend in MMM stock remain the bears' best friend? Or will it mark new profitable beginnings for bulls? Let's take a closer look at what's going on with 3M right now.Source: r.classen / Shutterstock.com Many stocks in today's market can point to the novel coronavirus as a source for challenges facing those companies in an unfolding socially distanced environment. Take a look at the grounding in airline giant Delta Airlines (NASDAQ:DAL) or the TKO in casino heavyweight Las Vegas Sands (NYSE:LVS) as two common victims. It's not pretty. That's not the entire story though.Many blue-chip stocks within the Dow Jones are adapting. Home Depot (NYSE:HD) is one constituent whose price chart points at a company...
Theoretically, because JPMorgan Chase (NYSE:JPM) is the most powerful among the big four bank stocks - the others being Citigroup (NYSE:C), Bank of America (NYSE:BAC), and Wells Fargo (NYSE:WFC) - it should provide a measure of confidence through this unprecedented storm. After all, the entire banking sector learned harsh lessons from the 2008 financial crash. Once society normalizes from the novel coronavirus pandemic, JPM stock should be back, rocking and rolling.Source: Bjorn Bakstad / Shutterstock.com However, shares have traded pensively relative to the strong bounce back seen in other investment sectors. Unprecedented government action designed to address the pandemic's devastating effects have failed to inspire much momentum in JPM stock. Some might point to the disconnect between benchmark indices and the fundamentals becoming a little bit more connected.For instance, Federal Reserve Chair Jerome Powell gave a stark warning about the current malaise. To paraphrase his sentiments, Powell believes that additional government...
