SQUAWK BOX, MONDAY 4TH MAY, 2020

SQUAWK BOX, MONDAY 4TH MAY, 2020

Chinese oil and airline stocks have dragged the Hang Seng down and U.S.-China tensions weighed on sentiment. U.S. officials reportedly believe China covered up the Coronavirus outbreak to hoard medical supplies. President Trump has blamed Beijing and warned that U.S. deaths could top 100,000. Billionaire investor Warren Buffett has sold off all airline positions and warns of gloomy times ahead for the aviation sector. The FDA has granted Roche approval to carry out anti-body testing. The Swiss drug maker has vowed to double its production over the coming months.

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Jaksot(1821)

U.S.-Israeli strikes on Iran intensify

U.S.-Israeli strikes on Iran intensify

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2 Maalis 33min

Greens deal major blow to UK's Starmer with Manchester by-election victory

Greens deal major blow to UK's Starmer with Manchester by-election victory

The Green Party wins the Gorton and Denton by-election in Greater Manchester with Labour coming a distant third. The result will pile more pressure and scrutiny on Prime Minister Sir Keir Starmer ahea...

27 Helmi 45min

Nvidia posts blockbuster quarter but markets remain cautious

Nvidia posts blockbuster quarter but markets remain cautious

Amid continuing A.I.-related jitters, Nvidia posts another set of stellar quarterly results but Salesforce disappoints with revenue forecasts coming in below analysts’ expectations. However, both comp...

26 Helmi 26min

Trump hails U.S. economy during record SOTU address

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President Trump delivers the longest SOTU speech in history to defend his second-term record. Trump highlighted progress made on the economy and hailed the ‘golden age’ of America. Several new tech pa...

25 Helmi 25min

A.I. jitters prompt fresh Wall Street tech sell-off

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24 Helmi 30min

Trump retaliates with new tariffs after SCOTUS ruling

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U.S. President Donald Trump unleashes a new 15 per cent global baseline tariff – the maximum legal amount – following the Supreme Court’s ruling that reciprocal country-specific levies were illegal. T...

23 Helmi 30min

Brent surpasses $70bbl as Iran tensions heighten

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20 Helmi 26min

Stoxx 600 notches new high on  ECB top job conjecture

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19 Helmi 27min

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