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Cornerstone Macro's Carter Worth says financials fall may continue

Cornerstone Macro's Carter Worth takes a look at the financial sector. With CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Guy Adami, Brian Kelly and Steve Grasso.




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Canopy's big day, and bitcoin surges nearly 18% this week

Canopy Growth surges as Constellation ups its stake in the company. And a look at bitcoin's big week. With CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Guy Adami, Brian Kelly and Steve Grasso.




9

Don't chase MAGA stocks, top strategist Tony Dwyer says

Canaccord Genuity's Tony Dwyer thinks the MAGA rally will crack. With CNBC's Melissa Lee and the Fast Money traders, Guy Adami, Tim Seymour, Dan Nathan and Karen Finerman.




9

McDonald's of the future: Are you lovin' it?

What a new way of doing business could do for McDonald's profitability. With CNBC's Melissa Lee and the Fast Money traders, Guy Adami, Tim Seymour, Dan Nathan and Karen Finerman.




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Bernstein's Alexia Howard on what to expect from Beyond Meat's earnings

Alexia Howard, Bernstein analyst, with a Beyond Meat earnings preview. With CNBC's Melissa Lee and the Fast Money traders, Guy Adami, Tim Seymour, Dan Nathan and Karen Finerman.




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Disney hit by 'shocking reversal of fortune' The New York Times' Jim Stewart warns

James Stewart, The New York Times columnist, on whether Disney can make up for its parks shutdown. With CNBC's Melissa Lee and the Fast Money traders, Guy Adami, Tim Seymour, Steve Grasso and Karen Finerman.




9

Former trade official: Rising US-China tensions 'start of a new cold war'

Clete Willems, Former NEC deputy director, says China and the U.S. are engaged in the start of a new cold war. With CNBC's Melissa Lee and the Fast Money traders, Guy Adami, Tim Seymour, Steve Grasso and Karen Finerman.




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Cornerstone Macro's Carter Worth breaks down where tech's headed next

Carter Worth, Cornerstone Macro's chief market technician, on where tech goes from here. With CNBC's Melissa Lee and the Fast Money traders, Guy Adami, Tim Seymour, Pete Najarian and Steve Grasso.




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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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Trader says 'no guidance, no problem' for this medical device company—Here's why

Is Abbott Labs a buy? With CNBC's Melissa Lee and the Fast Money traders, Guy Adami, Tim Seymour, Pete Najarian and Steve Grasso.




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Paul Tudor Jones calls bitcoin 'fastest horse' in this environment

FM trader Brian Kelly on legendary investor Paul Tudor Jones buying bitcoin. With CNBC's Melissa Lee and the Fast Money traders, Guy Adami, Tim Seymour, Karen Finerman and Dan Nathan.




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Sotheby's CEO on how the company shifted focus during Covid-19 pandemic

Charles Stewart, Sotheby's CEO, on how the company has shifted business during the pandemic. With CNBC's Melissa Lee and the Fast Money traders, Guy Adami, Tim Seymour, Karen Finerman and Dan Nathan.




9

What isn't the jobs report telling us?

CNBC's Steve Liesman on what's missing from the jobs report. With CNBC's Melissa Lee and the Fast Money traders, Guy Adami, Tim Seymour, Brian Kelly and Jeff Mills.




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Bitcoin booms ahead of Monday's 'halving' event

Bitcoin hits $10,000 ahead of Monday's 'halving' event. With CNBC's Melissa Lee and the Fast Money traders, Guy Adami, Tim Seymour, Brian Kelly and Jeff Mills.




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'There is a path out': WHO's Dr Michael Ryan warns nations to stay vigilant – video

Dr Michael Ryan, the director of the WHO health emergencies programme, has said there is a way out of the Covid-19 pandemic for communities, adding that 'a careful and measured return' to workplaces and schools with the right precautions could work, but that concerts and other mass gatherings were much more difficult.

He predicted a significant change to lifestyles until a vaccine or effective treatments were found.

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'Mixed messages': UK government's strategy fuels fears of rule-breaking

Critics of No 10 warn U-turns undermining efforts to keep public safe from coronavirus

First people were meant to stay at home to save lives, and then government sources raised the prospect of picnics with pals and sunbathing in the park just before a sunny bank holiday weekend.

Boris Johnson told the nation that scientists thought face masks might help stop the spread of the disease, but no change was made to the government advice that they were not needed outside medical and care settings.

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‘We are living in a catastrophe’: Peru's jungle capital choking for breath as Covid-19 hits

Iquitos, still reeling from a dengue fever outbreak and plagued by poverty, relies on air deliveries for medicine, equipment and oxygen

In the final hours before Covid-19 claimed her life, Cecilio Sangama watched helplessly as his eldest sister Edith gasped for breath.

Hospitals across Peru’s largest Amazon city had run out of oxygen, and the shortage had pushed the black market price of a cylinder well above $1,000 (£810).

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'There is no future': the refugees who became pawns in Erdoğan’s game

First the asylum seekers were used to further Turkey’s regional ambitions, now they are made to suffer in quarantine camps

At the beginning of March, thousands of refugees gathered in the shadow of the Pazarkule border gate in Turkey after President Recep Tayyip Erdoğan said he would “open the gate” to Europe.

The move was a reaction to the killing of 33 Turkish soldiers in Idlib province on 28 February and designed to exert pressure on the EU and Nato to support its military operation in northern Syria.

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'Separation by sex': gendered lockdown fuelling hate crime on streets of Bogotá

While men and women can go out on alternate days, trans people in the Colombian capital face increasing risk of violent attacks

A policy of making men and women leave their homes on alternate days during lockdown in Bogotá is fuelling violence towards the transgender community by the police and the public, activists say.

The mayor of the Colombian capital, Claudia López, announced last month that women were permitted to go outdoors for essential tasks on even-numbered days and men on odd-numbered days, in an effort to limit numbers on the streets.

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Coronavirus news Australia: evacuation flights for stranded citizens in India as some states ease Covid-19 restrictions – as it happened

The Australian government has arranged four additional Qantas flights to Delhi, Mumbai and Chennai in the coming fortnight. This blog has now closed

To recap, this afternoon there were 6,929 Covid-19 cases in Australia, with the death toll at 97.

There had been 16 new cases in the last 24 hours, four of which were related to the Cedar Meats cluster in Victoria.

Related: Coronavirus Australia latest: at a glance

There are just two people in South Australia considered to be active cases of Covid-19.

No further cases were recorded when the state health department released updated statistics on Saturday, with South Australia’s total tally remaining at 439.

We want people to get out and explore our fabulous regions. It is safe for regional travel in South Australia.

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Donald Trump says coronavirus will 'go away without a vaccine' - video

Donald Trump has asserted with no evidence that the coronavirus pandemic will ‘go away without a vaccine’. Without mentioning specifics, he pointed to other viruses and flus that ‘disappeared’ before vaccines were created. ‘They’ve never shown up again. They die, too. Like everything else, they die,’ Trump said. ‘It’s going to go away. And we’re not going to see it again, hopefully, after a period of time.’

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WHO conditionally backs Covid-19 vaccine trials that infect people – as it happened

20m Americans lost their jobs in April; Donald Trump says virus will ‘go away without a vaccine’. This blog is now closed, follow our new blog below

We are closing this blog now, but you can stay up to date with all the latest news on our new global live blog which you can find below.

Related: Coronavirus live news: global cases approach 4 million as US unemployment hits 14.7%

New Zealand’s cabinet will meet on Monday to decide the future of the country’s tough but effective lockdown – though Kiwis have been told not to visit their mums this Mother’s Day.

Next week, Ardern’s government will plot a path back to something close to normality, meeting to decide a timetable for the removal of social and business restrictions. The prime minister has already released what level two restrictions will look like, including the re-opening of restaurants, hairdressers, gyms, cinemas and public facilities like museums and libraries.

Social restrictions could end immediately, with provisions for schools, business and personal movement more likely to be phased in.

Any decision will come too late for Kiwi mums to enjoy visits from sons and daughters not already in their household bubbles. Ardern has banned socialising outside of existing households, with few exceptions, and told Kiwis this week to “stick to the plan” ahead of Monday’s review.

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'A blessed initiative': secular Israel rejoices over Sabbath buses

Minibuses that run on Friday evenings and Saturdays buck state’s religious restrictions

Tel Aviv is one of Israel’s most dynamic cities, but the latest local craze could appear fairly humdrum to outsiders – a bus service that runs at weekends.

Packed 19-seat minibuses fill up fast with passengers, who excitedly gossip about the new routes. People patiently queue at bus stops, knowing they might have to wait for two or three buses to pass before there is a space. Still, they are upbeat. “It’s a pleasure,” said Ben Uzan, a 30-year-old electronic engineer. “It’s a blessed initiative.”

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India primed: what Amazon's vast new Hyderabad campus reveals about its plans

Amazon have arrived in force in rapidly expanding Hyderabad, with designs on the currently almost non-existent Indian e-commence market

The futuristic lobby of the new Amazon building in Hyderabad feels as though it should have a permanent orchestra blasting out Also Sprach Zarathustra. The scale is intended to awe. A large slogan on a wall suggests the company is “Delivering smiles”. The only sound that rises above the hush is a synthesised beep, coming from a giant screen playing a video of the campus at various stages of its construction.

Built on nine acres in this Indian city’s financial district, it is Amazon’s single largest building globally and the only Amazon-owned campus outside the US. It can house over 15,000 employees, but its size is its main architectural feature: it resembles the same cube of glass steel and chrome seen in corporate offices across Hyderabad, though a flash of magenta reflected in one of the top floor windows, from a billowing sari across the road, is a nice Indian touch.

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'Bring our people home': the bold new plan for an Indigenous-led district in Canada

The Senakw development aims to ease the city’s chronic housing crisis – and to challenge the mindset that indigeneity and urbanity are incompatible

The scrubby, vacant patch beneath the Burrard Street Bridge in Vancouver looks at first glance like a typical example of the type of derelict nook common to all cities: 11.7 acres of former railway lands, over which tens of thousands of people drive every day.

This is not any old swath of underused space, however. It’s one of Canada’s smallest First Nations reserves, where dozens of Squamish families once lived. The village was destroyed by provincial authorities more than a century ago.

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'It happened all at once': Tara Reade details assault claim against Joe Biden in Megyn Kelly interview

Former staffer discusses allegation in in-depth interview with the former Fox News and NBC host

Tara Reade repeated her allegations of sexual assault against Joe Biden in an in-depth interview with Megyn Kelly released on Friday, answering questions on who she shared her story with and why she supported the former vice president publicly in the past.

Reade has accused Biden of sexually assaulting her in 1993, when she worked as an aide in his Senate office. She told Kelly, a former Fox News and NBC host who memorably sparred with Trump during the 2016 campaign over his treatment of women, that Biden pushed her against the wall in a Senate hallway and digitally penetrated her against her will.

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9

IMF warns of further drop in global growth due to Covid-19

Monetary fund warns the US and China against continuing trade war, saying it could damage coronavirus recovery

The head of the International Monetary Fund has signalled a possible downward revision of global economic forecasts, and warned the United States and China against rekindling a trade war that could weaken a recovery from the coronavirus pandemic.

Kristalina Georgieva, the IMF’s managing director, told an online event hosted by the European University Institute that recent economic data for many countries was coming in below the fund’s already pessimistic forecast for a 3% contraction in 2020.

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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.

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Tony Allen, legendary drummer and Afrobeat co-founder, dies aged 79

Gilles Peterson and Flea of Red Hot Chili Peppers pay tribute to the Fela Kuti collaborator, described by Brian Eno as ‘perhaps the greatest drummer who ever lived’

The Nigerian drummer Tony Allen, who is credited with creating Afrobeat along with his old bandmate Fela Kuti, died suddenly at the age of 79 in Paris on Thursday, his manager said. “We don’t know the exact cause of death,” Eric Trosset said, adding it was not linked to the coronavirus pandemic.

“He was in great shape,” said Trosset. “It was quite sudden. I spoke to him at 1pm then two hours later he was sick and taken to Pompidou hospital, where he died.”

Related: Tony Allen: Afrobeat’s master on Hugh Masekela, Damon Albarn and friction with Fela Kuti

The epic Tony Allen, the greatest drummer on earth has left us. What a wildman with a massive, kind and free heart and the deepest one-of-a-kind groove. Fela Kuti did not invent afrobeat, Fela and Tony birthed it… https://t.co/qXqMAP7QzT

RIP TONY ALLEN. THE GOAT AMONGST GOATS. DO YOUR RESEARCH. LEGENDS NEVER DIE. THE INVENTOR OF RHYTHM #Afrobeat

Merci Tony Allen....https://t.co/Oizisc8wWd

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European schools get ready to reopen despite concern about pupils spreading Covid-19

Germany’s top coronavirus expert says children play as big a role as adults in spread

More countries across Europe are preparing to reopen schools in the coming weeks despite conflicting advice from scientists, some of whom caution against underestimating children’s potential to spread the coronavirus.

Some schools and nurseries in Denmark and Norway have already reopened, and grandparents in Switzerland are allowed to hug grandchildren under 10, following a ruling by the health ministry’s head of infectious diseases that it is safe to do so.

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Spain and Italy ease Covid-19 lockdown but Russia hits daily high

Two of Europe’s worst affected countries begin careful process of opening up societies again

Spain and Italy, two of the European countries hardest hit by coronavirus, are beginning to emerge from lengthy and strict lockdowns as Russia and Afghanistan reported their biggest one-day rises in new infections.

In Spain, where 217,466 cases of Covid-19 and 25,264 deaths have been confirmed, adults were allowed back on to the street to exercise for the first time in seven weeks this weekend.

Epidemics of infectious diseases behave in different ways but the 1918 influenza pandemic that killed more than 50 million people is regarded as a key example of a pandemic that occurred in multiple waves, with the latter more severe than the first. It has been replicated – albeit more mildly – in subsequent flu pandemics.

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Trump 'very confident' of Covid-19 vaccine in 2020 and predicts up to 100,000 US deaths

US president again criticises Beijing as European countries prepare to ease lockdown

Donald Trump has said he is “very confident” there will be a vaccine for coronavirus by the end of the year, revising up his estimate of the final US death toll as several European countries prepare for a cautious easing of lockdowns.

The president used a Fox News “virtual town hall” on Sunday night to repeat his regular virus talking points, including that a vaccine was not far away, Covid-19 was China’s fault and the economy would not only recover but “grow like crazy”.

Related: Mike Pompeo: 'enormous evidence' coronavirus came from Chinese lab

Global coronavirus cases have surpassed 3.5 million with more than 247,000 deaths.

In New York, the centre of the US outbreak, an emergency field hospital erected in Central Park is set to close. Dozens of New Yorkers were fined for violating social distancing guidelines as they flocked to beaches and parks in balmy weekend weather.

China reported three new coronavirus cases, versus two the day before.

Japan’s state of emergency is expected to be extended until the end of the month.

France will not quarantine anyone arriving from the EU, the Schengen area or Britain due to the coronavirus.

New Zealand has reported no new coronavirus cases for the first time.

South Korea plans to ease a ban on some gatherings and events as long as they “follow disinfection measures”.

Brazil has become the first country in Latin America to report more than 100,000 cases.

The Iranian president, Hassan Rouhani, announced mosques will reopen across large parts of the Islamic republic after they were closed in early March.

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French hospital discovers Covid-19 case from December

Man found to have had virus a month before government confirmed first cases

A French hospital that retested old samples from pneumonia patients has discovered that it treated a man with the coronavirus as early as 27 December, nearly a month before the French government confirmed its first cases.

Dr Yves Cohen, head of resuscitation at the Avicenne and Jean Verdier hospitals in the northern suburbs of Paris, told BFM TV that scientists had retested samples from 24 patients treated in December and January who tested negative for flu.

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Greta Thunberg and children's group hit back at attempt to throw out climate case

Brazil, France and Germany say UN can’t hear complaint against five countries of flouting child rights to clean air

Greta Thunberg and a group of other children have pushed forward their legal complaint at the UN against countries they accuse of endangering children’s wellbeing through the climate crisis, despite attempts to have it thrown out.

The 16 children, including the Swedish environmental activist, lodged a legal case with the UN committee on the rights of the child against Argentina, Brazil, France, Germany and Turkey last September.

Related: Sign up to the Green Light email to get the planet's most important stories

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French government takes down coronavirus 'fake news' web page

Journalists’ union argued page was ‘clear interference in press freedom’

The French government has taken down a Covid-19 “fake news” page after accusations that it had overstepped its constitutional role and infringed press freedoms.

A page called Desinfox – a play on the word desintox (detox) – appeared on the government’s website last week. It claimed to be busting disinformation about coronavirus in the French media.

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Global report: Russia becomes Europe's coronavirus hotspot

France confirms lockdown-easing from Monday as WHO warns on domestic violence

Another record rise in coronavirus infections has propelled Russia past Germany and France to the fifth highest tally in the world, as the French government confirmed the country would start gradually lifting its strict eight-week lockdown from Monday.

With much of Europe now easing itself out of confinement, Russia has become the continent’s new Covid-19 hotspot. More than half of the country’s 177,160 cases are in Moscow and the capital’s mayor, Sergei Sobyanin, said research suggested the actual number was nearer 300,000, more than triple the official figure.

Related: Covid-19 puts Putin's power plans on hold and economy in peril

Coronavirus cases in India have risen past 50,000, according to the country’s health ministry, with the pace of infection showing no sign of abating.

A new report suggested January’s Sundance film festival, the annual gathering of cinephiles in Park City, Utah, may have been a key early coronavirus hub in the US.

Iran said on Thursday its coronavirus outbreak was “relatively stable” as it announced more than 1,000 infections for a fourth straight day.

Poland has postponed Sunday’s presidential election. The postal-only ballot will now take place as soon as possible, but probably not before June.

Mayors in many of the world’s leading cities have said there can be no return to business as usual in the aftermath of the coronavirus crisis if humanity is to escape catastrophic climate breakdown.

Italy’s government and Roman Catholic bishops signed an agreement to allow the faithful to attend mass again from later this month.

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'This is so wrong': Hollande highlights domestic violence in French lockdown

Ex-president backs new app for victims as WHO reports 60% rise in domestic abuse calls

The former French president François Hollande has spoken of his concern for women suffering domestic abuse during the lockdown.

In an interview with the Guardian, Hollande called for schoolchildren to be taught that violence at home was unacceptable but that it affected every social group.

Related: Protecting domestic violence victims in lockdown

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Pentagon ordered to halt work on $10bn 'war cloud' project after Amazon protest

Amazon requested the injunction after alleging that bias from Donald Trump caused the contract to be awarded to Microsoft

A federal court has ordered a temporary halt in Microsoft’s work on a $10bn military cloud contract that Amazon was initially expected to win. Amazon sued in December to revisit that decision, alleging that Donald Trump’s bias against the company hurt its chances to win the project.

Amazon requested the court injunction last month. The documents requesting the block and the judge’s decision to issue the temporary injunction are sealed by the court.

Related: From books to bullets: inside Amazon's push to 'defend' America

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For all the brave words, Jupiter's move is essentially defensive | Patrick Collinson

The UK’s fund management industry is losing the war against index tracking

What’s gone wrong with Britain’s fund management industry? Over the past year share prices have soared globally, which usually translates into boom times for asset managers, whose income is based on a percentage cut from the total amount of money under management. Yet the UK’s industry is beset with scandals and sliding fortunes among some of the once most-revered names.

Jupiter is attempting to arrest its decline with a £370m takeover of Merian (once Old Mutual’s investment arm), creating a £65bn group that boss and serial deal maker Andrew Formica promises investors will be “highly earnings accretive”.

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Coronavirus divides tech workers into the 'worthy' and 'unworthy' sick

Campuses have become ‘ghost towns’ as staffers depart – but many contractors still have to show up

When Josh Borden arrived for work at the Google offices in Pittsburgh, Pennsylvania, on Wednesday morning, it felt like arriving in a “ghost town”. The parking lot was deserted, there was no breakfast being served in the cafeteria, and the nap rooms were tagged with signs announcing their closure “as a precaution given the Covid-19 situation”. “The office is so empty,” he told me. “Even more so than when the Googlers have their ski trip.”

The day before, Google had asked all its North American employees to begin working from home due to the coronavirus – a policy that has since been expanded to the rest of its global workforce. But Borden, a triage analyst who has worked for Google for about four years, is one of the approximately 135,000 people who make up Google’s “extended workforce”: temps and subcontractors who perform work for, but are not technically employed by, the $830bn company. And though Borden and his co-workers perform computer-based tasks that could just as easily be completed from home as those of other technical workers, Google does not allow them to access their work from home.

Related: Mike Bloomberg’s campaign is polluting the internet | Julia Carrie Wong

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Covid-19 could cause permanent shift towards home working

Tech firms will benefit, but some companies could find employees don’t want to return to the office

Covid-19 could permanently shift working patterns as companies forced to embrace remote working by the pandemic find that their employees do not want to return to the office once the closures are lifted.

The sudden increase in working from home is presenting problems as well as opportunities: on the one hand, startups such as Slack and Zoom and established giants including Google and Microsoft are offering their tools for free, in the hope that people who start using them in a crisis may carry on once normality returns.

Related: The art of Skype set-dressing: how to video-call the office when in quarantine | Imogen West-Knights

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Worried about Zoom's privacy problems? A guide to your video-conferencing options

From FaceTime to Houseparty, there is no shortage of platforms for work and play as you shelter in place

With offices and schools around the world temporarily shut amid the coronavirus crisis, the video platform Zoom has seen overnight success. But growing concerns over security across the platform have many consumers wondering about tech alternatives.

Privacy-minded consumers should consider video chat options carefully, said Arvind Narayanan, an associate computer science professor at Princeton University who has been outspoken about the security concerns surrounding Zoom.

Related: ‘Zoom is malware’: why experts worry about the video conferencing platform

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America's billionaires are giving to charity – but much of it is self-serving rubbish | Robert Reich

Well-publicized philanthropy shows how afraid the super-rich are of a larger social safety net – and higher taxes

As millions of jobless Americans line up for food or risk their lives delivering essential services, the nation’s billionaires are making conspicuous donations – $100m from Amazon’s Jeff Bezos for food banks, billions from Microsoft co-founder Bill Gates for a coronavirus vaccine, thousands of ventilators and N95 masks from Elon Musk, $25m from the Walton family and its Walmart foundation. The list goes on.

Related: Call for super-rich to donate more to tackle coronavirus pandemic

Why should we believe that Gates or any other billionaire’s 'boldness' necessarily reflects society’s values and needs?

Robert Reich, a former US secretary of labor, is professor of public policy at the University of California at Berkeley and the author of Saving Capitalism: For the Many, Not the Few and The Common Good. His new book, The System: Who Rigged It, How We Fix It, is out now. He is a columnist for Guardian US

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US Nasdaq index recovers all of 2020's losses triggered by Covid-19

Gains from the likes of Amazon, Netflix and Microsoft boosted the index as it turned positive

The technology-heavy Nasdaq index turned positive for 2020 on Thursday, boosted by gains in the share prices of companies such as Amazon, Microsoft and Netflix, which have fared well during the Covid-19 lockdown.

The US index caught up all this year’s losses, taking it back to its level at the beginning of January, after rising 1.4% on Thursday to 8,979.66. It ended last year at 8,972.

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Market reflects living with virus for 12-18 months: BNY Mellon's Levine

Alicia Levine, BNY Mellon chief investment strategist, and David Rolfe, Wedgewood Partners CIO, join 'Power Lunch' to discuss the state of the markets as stocks continue to rally on optimism the economy will open.




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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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Government and corporate debt are set to surge, here's why

CNBC's Steve Liesman reports on why debt will rise across the board.