After the news broke that the Trump administration was ordering that the president’s name appear on stimulus checks, the question focused on whether the move would delay the checks actually being disbursed....
The one company heading into the coronavirus outbreak in a bad position was Boeing (BA). The passenger airplane manufacturer was already dealing with 737 Max problems and now faces a global economic shutdown and greatly reduced air travel. The stock is down $200 from early 2020 highs, but too many questions still exist to buy the stock on weakness.Weakened CustomersDespite all of the problems with the 737 Max and questions of when the airline could finally delivery 100s of parked aircraft, Boeing still had nearly unlimited demand for airplanes due to global travel demand. The company started the year with $10 billion of cash on their balance sheet and a large order book to survive their self-inflicted problems.The company currently has 5,350 outstanding orders with 4,350 for the 737 Max after facing 41 cancellations in February. Almost every customer in the world is facing a scenario with lower demand and questions...
Automotive company Tesla saw a jump in shares after Goldman Sachs analyst gave the company a ‘buy’ rating in the midst of the coronavirus pandemic. Yahoo Finance’s Rick Newman discusses....
The coronavirus pandemic should be Amazon's moment to shine. Instead, Whole Foods has been overwhelmed. Amazon Prime subscribers, who pay $119 a year for free delivery, are having difficulty finding Whole Foods delivery windows, according to interviews with a dozen customers and numerous posts on social media....
