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Business

Sorrento Therapeutics skyrockets 244% after claiming a breakthrough on COVID-19 drug (SRNE)

https://markets.businessinsider.com/news/stocks/sorrento-therapeutics-stock-price-surges-covid-19-drug-development-claim-2020-5-1029207624

Germany slips into recession as coronavirus hits — its sharpest decline since the global financial crisis

https://markets.businessinsider.com/news/stocks/germany-economy-enters-recession-shrinking-in-q1-2020-5-1029206446

Global stocks slide after Fed chief warns of a slow recovery and Trump fans US-China tensions

https://markets.businessinsider.com/news/stocks/global-stocks-drop-after-fed-powell-warns-coronavirus-fallout-2020-5-1029201335

Billionaire investor Stanley Druckenmiller says the stock markets risk-reward is the worst hes ever seen – and downplays the Feds ability to rescue the...

https://markets.businessinsider.com/news/stocks/stanley-druckenmiller-says-stock-market-overvalued-fed-cant-protect-economy-2020-5-1029197205
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Trumps blame game with China on the origins of COVID-19 could spark a major currency war, analysts warn

https://markets.businessinsider.com/news/stocks/us-dollar-chinese-yuan-trump-currency-war-coronavirus-2020-5-1029196458

$1.7 trillion giant Saudi Aramcos profits drop almost $6 billion after oil prices crash below $0

https://markets.businessinsider.com/commodities/news/saudi-aramco-1q-earnings-oil-price-crash-tanks-profits-2020-5-1029191225

Billionaire investor Paul Tudor Jones says the US is in for a 2nd Depression if coronavirus lockdowns last a year

https://markets.businessinsider.com/news/stocks/economy-us-paul-tudor-jones-second-depression-lockdowns-last-year-2020-5-1029188186

A fish farmers stock price has skyrocketed more than 2,500% in a year, and nobody really knows why

https://markets.businessinsider.com/news/stocks/fish-farmer-ihc-stock-price-soars-2500-percent-unclear-why-2020-5-1029186421
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US investors have piled $1 trillion into cash during coronavirus lockdown, but UBS says rushing to the exits and abandoning the markets is not...

https://markets.businessinsider.com/news/stocks/investors-pile-trillion-into-cash-ubs-advises-against-leaving-markets-2020-5-1029169593

Disneys profit plunged 91% last quarter as the coronavirus shut down most of its business

https://markets.businessinsider.com/news/stocks/disney-q2-earnings-profit-plunges-91-percent-coronavirus-forces-shutdowns-2020-5-1029170045

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