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MARKETWATCH FRONT PAGE
U.S. stock-market benchmarks closed sharply higher Monday, with some strategists attributing the enthusiasm to a cool-down of last week’s rapid rise in bond yields that had unsettled the bullish mood on Wall Street. See full story.
Zoom earnings roared to nearly $1 billion in 2020, and the stock is rising again
Zoom Video Communications Inc.’s rip-roaring ride resumed its meteoric trajectory Monday, with shares jumping as the company detailed the results of becoming a lifeline for those stuck at home due to the COVID-19 pandemic: Booming profit and revenue. See full story.
Tesla’s market share in Europe keeps crumbling, as China reclaims top spot in global EV race
Tesla’s share of the critical European battery-electric-vehicle market crumbled in the first month of 2021, and China has taken the top spot from Europe in the EV race, according to new research. See full story.
Congress is staring down an unemployment cliff for 11 million workers — if lawmakers don’t extend COVID-19 relief programs
President Joe Biden’s stimulus package proposal would allow gig workers, independent contractors and self-employed workers to continue to collect unemployment benefits through September. See full story.
Bitcoin is at a ‘tipping point’ between mainstream boom and speculative implosion. Citi says one is more likely
Citi analysts said we could see a “massive transformation” of cryptocurrency into the mainstream. See full story.
MARKETWATCH PERSONAL FINANCE
‘As consumers dealt with the economic fallout of the pandemic, they increasingly faced problems with financial companies.’ See full story.
