• FuboTV stock falls 16% amid ballooning losses even as subscriber growth jumped in 2020

    1 month ago - By Business Insider

    The fuboTV logo is hung from the New York Stock Exchange on the day of its IPO in the Manhattan borough of New York City, New York, U.S., October 8, 2020.
    Reuters/Carlo Allegri
    FuboTV turned in a $195 million net loss on revenues of just $105 million in the fourth quarter.
    Annual net losses topped $570 million as the company attempts to build out its sports wagering service.
    FuboTV added over 90,000 subscribers during the fourth quarter, giving the company a total of 547,880 as of the end of December.
    Sign up here for our daily newsletter, 10 Things Before the Opening Bell .
    Shares of...
    Read more ...

     

  • COVID-19 mutations and lofty valuations are the stock market's biggest risks, JPMorgan survey says

    COVID-19 mutations and lofty valuations are the stock market's biggest risks, JPMorgan survey says

    1 month ago - By Business Insider

    Summary List Placement
    About 29% of investors view COVID-19 variants as the greatest risk to markets, according to a JPMorgan survey.
    Investors also cited a possible correction in expensive equity sectors and stronger inflation as dangers to the bull market.
    Six-in-ten respondents deemed cryptocurrencies as being in a bubble, and nearly all said they believe fraud is at least somewhat prevalent in the space.
    Sign up here for our daily newsletter, 10 Things Before the Opening Bell .
    Investors are split on which downside risks are most likely to topple the stock market's bull run.
    JPMorgan...
    Read more ...

     

  • Can Johnson & Johnson's Stock Benefit From Its Covid-19 Vaccine?

    1 month ago - By Forbes

    Johnson & Johnson's single-dose Covid-19 vaccine received emergency use approval from the U.S. FDA late last week, with a rollout expected to begin shortly. So what does this mean for J&J's stock? Overall, the vaccine isn't expected to really move the needle for J&J's bottom line, as it intends...
    Read more ...

     

  • COVID-19 mutations and lofty valuations are the stock market's biggest risks, JPMorgan survey says

    1 month ago - By Business Insider

    The New York Stock Exchange is seen in the financial district of lower Manhattan during the outbreak of the coronavirus disease in New York City, U.S., April 26, 2020.
    Jeenah Moon/Reuters
    About 29% of investors view COVID-19 variants as the greatest risk to markets, according to a JPMorgan survey. Investors also cited a possible correction in expensive equity sectors and stronger inflation as dangers to the bull market. Six-in-ten respondents deemed cryptocurrencies as being in a bubble, and nearly all said they believe fraud is at least somewhat prevalent in the space. Sign up here for...
    Read more ...