Heard on the Street

President Trump helped engineer a historic deal to curb global output, but it isn’t enough to forestall unprecedented pain for the domestic industry, as U.S. oil prices collapsed over the weekend.

Heard on the Street

The coronavirus shutdowns are forcing companies to cancel dividends and deals and look to governments for help. None of this is good news for activist investors. But boards that don’t handle the crisis well could find themselves the next targets.

Heard on the Street

Larger companies have outperformed their smaller peers on equity markets this year, including in the latest bounce. Small-cap stocks will struggle to close the gap.

Heard on the Street

A viable treatment for Covid-19 is desperately needed, but investors are way too enthusiastic about the latest potential breakthrough.

Heard on the Street

Procter & Gamble is cleaning up as consumers stockpile daily essentials. But the coronavirus crisis could still have worrying spillover effects for it and other makers of household goods.

Heard on the Street

The Covid-19 pandemic has triggered worries about the reliance of global supply chains on China. But China is concerned about its own dependence on imported supplies of microchips.

Heard on the Street

Luxury brands have a well-earned reputation for resilience. Major labels bounced back from the 2008 financial crisis within 18 months and shrugged off political protests in Hong Kong last year. But the Covid-19 pandemic looks different and could lay them much lower.

Heard on the Street

They have the firepower for now, but that depends on how long the economy stays shut down because of the coronavirus crisis.

Heard on the Street

The U.S. stock market is surging on the expectation that the economy can bounce back quickly once the coronavirus pandemic slows, but the evidence from China casts serious doubts on that hypothesis.

Heard on the Street

Google will be “recalibrating” its focus and pace of investments in areas like data centers and machines—the components underpinning cloud computing.

Heard on the Street

Another week of very high jobless claims means that April’s U.S. unemployment report could touch levels not seen in most Americans’ lifetimes.

Heard on the Street

Abbott Laboratories has what it takes to ride out the coronavirus crisis, not just because it happens to make three Covid-19 tests.

Overheard

The White House has a low opinion of the World Health Organization, but restricting alcohol sales is an idea that doesn’t sound so bad.

Heard on the Street

Selling drugs by mail order should feature high up any list of businesses likely to benefit from a pandemic. The U.S. has no big independent online-only pharmacies, but Europe has two for investors to choose between.

Heard on the Street

Investors are betting on IAC’s remodel, but just how quickly can the whole thing be fixed?