Month: May 2020

The rising tensions between the U.S. and China could continue to hang over the technology sector, even though President Donald Trump on Friday stopped short of threatening Beijing with more trade actions. The president said the U.S. was ending its preferential treatment of Hong Kong and terminated the U.S. relationship with the World Health Organization
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Delta Air Lines (NYSE:DAL) and other carriers aren’t out of the novel coronavirus woods yet, not by a long shot. But a jump of 18.24% last week by DAL stock can’t be glossed over either. Source: NextNewMedia / Shutterstock.com The recent strength of DAL stock epitomizes what’s happening in the equity market today. Stocks, including
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CNBC’s Jim Cramer said Friday he’s concerned the stock market’s rally from its March lows may run out of steam unless Congress approves additional coronavirus relief measures.  “Without another package, I know it’s trillions of dollars, we’re just going to kind of sputter out,” Cramer said on “Squawk Box.” ”I get worried. It’s just too many people that
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Visa (NYSE:V) is one of the few companies still buying back shares and also paying dividends. That activity directly supports V stock, which now trades above the price it started in 2020 while the S&P 500 index is more than 8% lower. Source: Teerawit Chankowet / Shutterstock.com Moreover, the payments card processor’s continued share repurchases along
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