Blackstone’s Byron Wien has been offering up his list of potential surprises for decades now. As with even the most prescient of Wall Street pundits, he’s got plenty of misfires to go along with his hits, but CNBC’s Jim Cramer once said, “you can make a fortune” from Wien’s work. So let’s hear what he has to say about the current state of the market. See full story.
Slack breaks even unexpectedly, but stock still plummets 15% in after-hours trading
Slack Technologies Inc. showed strong growth amid a global pandemic that has increased the need for its collaboration software Tuesday, but it was not enough for investors once again, as they sent shares down hard in after-hours trading. See full story.
Sturgis motorcycle rally in South Dakota in August linked to more than 250,000 coronavirus cases, study finds
The 10-day Sturgis Motorcycle Rally in South Dakota in August, which drew more than 400,000 people, has now been linked to more than 250,000 coronavirus cases, according to a study from Germany’s IZA Institute of Labor Economics. See full story.
Panicking about Tesla? These charts will make you feel a lot better
By the end of August, Tesla shares were up almost 500%, year to date, crushing the shorts and defying the skeptics in a pandemic-bucking ride that paced a scorching market for high-tech disrupters. But it’s tough out there lately for Tesla and other recent high-fliers. See full story.
There are seven coronavirus vaccine candidates being tested in the U.S. — here’s where they stand
The race to develop a safe and effective COVID-19 vaccine is well under way, setting the stage to bring to market the fastest vaccine in history. See full story.
Hand sanitizers should contain mostly alcohol, and a few other ingredients, the CDC says See full story.