Author: CapitalGainsFund

Apr 1

Zoom Video lurches from boom to backlash amid privacy issues, ‘Zoom bombing’ attacks

For weeks, Zoom Video Communications Inc. basked in the glow of a surging share price, enthusiastic research reports and insatiable demand among consumers and enterprises. In recent days, however, the one-time darling of Wall Street and Main Street has faced a backlash from regulators and politicians. Hackers have targeted the video-conferencing service because of its […]
Apr 1

Dispatches from a Pandemic: ‘Would you risk your life for a bagel?’ A New Yorker’s guide to surviving grocery stores during the coronavirus pandemic

NEW YORK — It’s not always easy to ask for help. One of my best friends in New York is self-quarantining. She is smart, extremely well-read and makes me laugh. We read long-form articles together and, afterwards, we discuss them over tea. We don’t always agree, which we like, but we do agree most of […]
Apr 1

The US intelligence community has reportedly concluded that China intentionally misrepresented its coronavirus numbers

Chinese President Xi Jinping at the Great Hall of the People in Beijing, on November 2, 2018. Thomas Peter/Getty The US intelligence community has determined that the Chinese government concealed the extent of its coronavirus outbreak and gave false statistics to other countries, Bloomberg News reported, citing three US officials. Officials transmitted a classified report […]
Apr 1

Trump sees 'hard days' ahead in coronavirus fight, with as many as 240,000 Americans dead

WASHINGTON — Nearly a quarter million people in the United States could die as a result of the coronavirus outbreak, Trump administration officials said Tuesday.   That grim forecast is based on statistical models that have guided the administration’s response, and which were displayed at Tuesday’s White House press briefing of the coronavirus task force. In […]
Mar 31

Key Words: Outspoken Wall Street bond whiz says the stock market is acting ‘dysfunctional’ and may hit rock bottom once we take out March’s low

Jeffrey Gundlach on Tuesday said that the worst isn’t over for the stock market, after a brutal quarter that left the Dow with its worst decline in the first three months of a calendar year in its 124-year history. Speaking during a webcast, the DoubleLine Capital founder said that the stock market remains “dysfunctional” from […]