Earnings & Movers

6.16.2020

S&P 500 Previous Sessions Returns - 06/15/2020

 

Ad spending decline won't be as bad this year as it was in the 2009 financial crisis, new study predicts - CNBC

"Though advertising spending has struggled in recent months as a result of the coronavirus pandemic, a new forecast says the impact won't be quite as dire as it was during the 2009 financial crisis."

 

Moderna Says Vaccine Efficacy Data Could Come by Thanksgiving - Bloomberg

"Moderna Inc. Chief Executive Officer Stephane Bancel said efficacy data for its Covid-19 vaccine could be available by as soon as Thanksgiving if everything goes right."

 

Why Intel Is a Cheap Bet on 5G, Artificial Intelligence, and the Internet of Things - Barron's

"Personal computers have long been the destination for many of Intel's microprocessors, but the company is poised to deliver a swatch of chips for evolving markets that should drive sales well into the future, an analyst wrote on Monday."

 

iRobot Cleans Up - WSJ

"The maker of the popular Roomba line of robot vacuum cleaners boosted its second-quarter revenue forecast on Monday, citing stronger-than-expected sales of its devices. iRobot now expects revenue in the range of $260 million to $270 million, which would represent a gain of as much as 4% from the same period the previous year."

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