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The US wind industry installed over 1,800 megawatts in first quarter, but the coronavirus remains a risk

The renewable energy sector is being affected by the coronavirus in a number of ways.




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Hilton is in a good position to withstand the coronavirus: Macquarie

As the travel and tourism industry struggles with the fallout from the coronavirus, Chad Beynon of Macquarie explains why Hilton's franchise business model makes it resilient in this challenging environment.




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US GDP shrank 4.8% in the first quarter amid biggest contraction since the financial crisis

This marked the first negative GDP reading since the 1.1% decline in the first quarter of 2014 and the worst level since the 8.4% plunge in Q4 of 2008 during the worst of the financial crisis




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Plunge in health-care spending a big reason US economy sank in first quarter

The coronavirus crisis actually caused consumer health-care spending to plunge 18% in Q1.




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Fed Vice Chair Clarida says more support may be needed, but economy to rebound next quarter

"More policy support will be needed from the Fed and possibly also fiscal policy. It just depends on how this evolves," Clarida told CNBC.




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Treasury launches 20-year bond to help fund the record borrowing needed this quarter

An auction May 20 will feature a sale of $20 billion worth as part of an effort to push the record-setting debt levels further out in terms of duration.




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Fiat Chrysler to restart US production in two weeks after coronavirus shutdowns lead to $1.8 billion quarterly loss

Despite the "unexpected and unprecedented times" due to Covid-19, the company, said Tuesday that it and French automaker PSA Group "remain committed" to a previously announced merger of equals.




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Morganlander: Would be a buyer in the markets right now of higher quality companies

Chad Morganlander of Washington Crossing Advisors discusses the factors behind the market's snap-back in April, and which stocks could continue to lead during the uncertainty from the virus pandemic.




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UBS' Hodulik: Disney's next quarter is going to be dramatically worse than Q1

John Hodulik, telecom analyst at UBS, talks Disney's first-quarter results.




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Nucor CEO sticks by dividend, predicts steel price bottom in second quarter

"We are optimistic that we'll see the bottom in Q2 and move out of that as we enter the third and fourth quarters," Nucor CEO




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Cramer praises Elon Musk for a 'magnificent' quarter, compares Tesla stock to Netflix and Amazon

CNBC's Jim Cramer said the rapid rise in Tesla shares reminds him of the stock trajectories of some of the most successful tech companies.




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Since 1990, this is how Dow, S&P perform in quarters that follow their worst drops

Since 1990, the Dow Jones Industrial Average and S&P 500 Index have bounced back in quarters that directly follow quarters when the S&P declined by 10% or more, according to market history.




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Why wealth inequality is driving Democrats in the 2020 election

Why the rhetoric surrounding wealth inequality is especially acute this election season among Democratic presidential candidates — and will continue to be so.




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Warren Buffett's daughter reportedly self-quarantines after potential coronavirus exposure

Susie Buffett sat next to someone who had just returned from a trip to Spain and subsequently rested positive for COVID-19, the Omaha World-Herald reported.




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Here's the 'big unknown' the Fed will have to square as it considers future rate cuts: Top economist

A look at global rates and recession risks with Benn Steil, director of international economics at the Council on Foreign Relations. With CNBC's Seema Mody and the Futures Now traders, Brian Stutland and Jim Iuorio, both at the CME.




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United Airlines swings to $1.7 billion loss in first quarter as bookings disappeared in coronavirus pandemic

United Airlines had reported a first-quarter pretax loss earlier this month.




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Apple now has $192.8 billion in cash on hand, down from last quarter

Apple has continuously hosted one of the largest cash piles among U.S. companies, but is facing pressure from the Covid-19 pandemic.




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Exxon loses $610 million in the first quarter on write-downs tied to plunging oil

Exxon Mobil reported a loss in the first quarter as oil prices dropped to historic lows.




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Tenet Healthcare warns of significant Covid-19 impact in the second quarter

Tenet Healthcare warned of a significant hit from the Covid-19 pandemic in the current quarter, even as the hospital operator's quarterly profit beat estimates due to a tax benefit from the coronavirus stimulus bill.




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Pinterest drops after reporting slowing user growth in first quarter results

Shares of Pinterest fell as much as 9% in after-hours trading on Tuesday after the company reported its first quarter results.




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Beyond Meat shares rise as first-quarter revenue soars 141%, but it withdraws 2020 forecast due to coronavirus

Citing uncertainty due to the coronavirus pandemic that's shuttered much of the dine-in restaurant industry around the world, the company suspended its full-year forecast.




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CVS Health first-quarter revenue rose 8% as customers rushed into stores to buy essentials; shares up

The drugstore chain's stores have remained open as an essential retailer during the coronavirus pandemic, and it's also opened drive-thru testing sites.




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General Motors ekes out $294 million profit in the first quarter despite crippling production and sales from coronavirus

The Covid-19 outbreak cut deeply into GM's performance, costing the largest U.S. automaker $1.4 billion before taxes during the first three months.




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New York Times expects ad revenue to plummet 50% in Q2, but broke its record for net new subscriptions in a quarter

The New York Times Company said it expects advertising revenue to fall between 50-55% year-over-year in the second quarter as impacts of the pandemic are hitting demand for advertisers. But the media company, which gets two-thirds of its revenue from subscriptions, said it added more than half a million net new digital subscriptions.




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Homebound parents bought board games, not Barbies, crippling Mattel's sales in the first quarter

Consumers stocked up on board games, not Barbie dolls, amid the coronavirus pandemic, sending Mattel's sales in the first quarter tumbling.




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Twilio skyrockets as quarterly results fly past estimates

Although revenue growth deccelerated, Twilio still put up numbers that exceeded what analysts had expected.




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Carvana shares tumble double digits on first-quarter losses

Shares of Carvana tumbled double digits during after-market trading following the auto retailer reporting a net loss of $183.6 million during the first quarter.




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Second quarter will be 'worst point in time' for European autos, analyst says

Jurgen Pieper, senior advisor for automobiles at Metzler, discusses the impact of the coronavirus pandemic on the autos sector.




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Strong nutrition business lifted first-quarter earnings, DSM co-CEO says

Geraldine Matchett, co-CEO of DSM, discusses the company's first-quarter earnings.




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It's been a challenging quarter, ING CFO says

Tanate Phutrakul, CFO of ING, discusses the lender's first-quarter earnings.




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Expecting to see earnings trough in the third quarter, Siemens CEO says

Siemens CEO Joe Kaeser discusses the impact of the coronavirus pandemic on the company's earnings.




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A point-of-sale system like Square on steroids

A New York City cowboy boot store may sell classic styles, but it's been improving its sales by using technology and analytics on the Bindo POS iPad app.




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Siemens sees bigger hit from coronavirus impact coming as second-quarter profit plunges

Siemens on Friday said it expected "even stronger impacts" from the coronavirus pandemic in the weeks ahead as it ditched its 2020 guidance and posted an 18% drop in industrial profit during its second quarter.




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Media companies expect a tough quarter for TV advertising, with no live sports and spending delayed

In recent days, companies including ABC and ESPN parent Disney, Fox Corp., AMC Networks, NBCUniversal parent Comcast, ViacomCBS and Discovery reported earnings that showed how TV is trending as advertisers are pulling spend or postponing campaigns until later in the year.




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Global luxury sales could collapse up to 60% in the second quarter, consulting firm says

Bain predicted a full-year contraction between 20% to 35% for the personal luxury market that includes clothes, jewelry, watches, beauty products, and accessories.




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Britain could quarantine incoming travelers for 14 days, report suggests

Britain is to introduce a 14-day quarantine period for almost everyone arriving into the country to avoid a second peak of the coronavirus pandemic, The Times newspaper reported on Saturday.




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Carvana CEO Ernest Garcia on the company's first quarter earnings

Ernie Garcia, CEO of Carvana, joins "Squawk on the Street" to discuss the company's earnings amid the coronavirus pandemic




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Total's net profit falls 35% in the first quarter as oil prices slide

Total reported that first-quarter net profit came in at $1.8 billion, down from $2.8 billion over the same period last year.




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The economic decline in the first quarter reveals even weaker consumers and more unknowns ahead

Consumers reined in spending faster than expected in the first quarter, probably even before states issued stay-at-home orders.




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Stocks making the biggest moves after hours: Facebook, Qualcomm, Transocean and more

Check out the companies making headlines after the bell.




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Here's how Mike Bloomberg's campaign spending may help him qualify for debates

Mike Bloomberg is outspending his rivals in the race to become the 2020 Democratic Presidential Nominee. His campaign spent $188 million during the fourth quarter of 2019. That's more money than any of his democratic competitors have raised over the entirety of this election cycle. But there's another big difference between those candidates and Bloomberg. Bloomberg didn't compete in the Iowa caucuses. Here's why and how he may still qualify for upcoming debates.




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Facebook and Amazon lead Big Tech lobbying in the first quarter while Google scales down

The new tally comes as the coronavirus pandemic has made many workers more reliant on the internet than ever.




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Loup Ventures' Gene Munster breaks down Lyft's quarter

Loup Ventures Gene Munster on Lyft's earnings. With CNBC's Melissa Lee and the Fast Money traders, Guy Adami, Tim Seymour, Pete Najarian and Steve Grasso.




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Two-week quarantine for travellers to UK would 'devastate' aviation industry

Stringent measures to be announced with visitors and returning Britons to be asked to self-isolate

A 14-day quarantine period for all travellers coming to Britain would have a devastating impact on the UK aviation industry and wider economy, a trade body has said.

The government is expected to announce the quarantine on Sunday as part of measures to prevent a second peak of the coronavirus pandemic.

Continue reading...




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Confusion over French quarantine rules for overseas visitors

London embassy contradicts health minister as visitors could face 14-day confinement even if asymptomatic

French officials have announced that Britons and those from European Union member states will not be placed in 14 days mandatory quarantine if they travel to France, as suggested by the country’s health minister.

In what appeared to be a direct contradiction of Olivier Véran’s statement on Saturday, the French embassy in London tweeted that the measure would not be imposed on those arriving in France from the UK or Schengen area.

Related: France to sell some of nation's antique furniture to support hospitals

Continue reading...




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Household debt hit $14.3T in the first quarter, here's what it means

Douglas Holtz-Eakin, American Action Forum president, joins 'Power Lunch' to discuss the rise of corporate and household debt surging amid the Covid-19 pandemic.




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Going to see companies hit cash crunch in third quarter: LaSalle Network CEO

More than 20 million jobs were lost in the month of April. Tom Gimbel, LaSalle Network CEO, and CNBC's Steve Liesman join 'Power Lunch' to discuss the state of U.S. jobs and when a recovery could happen.




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Carrier CEO on first-quarter earnings, coronavirus impact, demand and more

David Gitlin, president and CEO of Carrier Global, joins "Squawk on the Street" to discuss the company's first-quarter earnings, how the pandemic has impacted business, his expectations for future demand and more.




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Aditya Birla Sun Life Interval Income Fund - Quarterly Series I- Institutional Dividend

Category Income
NAV 10.0573
Repurchase Price
Sale Price
Date 08-May-2020




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Aditya Birla Sun Life Interval Income Fund - Quarterly Series I - Growth - Direct Plan

Category Income
NAV 25.7796
Repurchase Price
Sale Price
Date 08-May-2020