Business

Tesla, Airbnb, Walmart, Home Depot, NIO - 5 Things You Must Know Tuesday


Stock futures traded mixed Tuesday as optimism over a coronavirus vaccine faded somewhat with the reality that the pandemic continues to escalate in the U.S. and across the globe.


That spread has been relentless so far this fall, with cases climbing in every state and hospitalizations from Covid-19, the disease caused by the coronavirus, setting a record high on Monday.


But David Trainer, CEO of Nashville-based investment research firm New Constructs, said "S&P is making a big mistake and adding lots of downside risk to the index by including Tesla.


Airbnb filed to go public in a widely anticipated move that comes even as the home rental platform struggles amid a renewed pandemic-driven travel slowdown.


Airbnb, which connects hosts with renters over its online platform, repeatedly cited the impact of Covid-19 in its S-1 filing with the Securities and Exchange Commission.


Pfizer’s vaccine, which was shown to be more than 90% effective in preventing Covid-19 based on initial data, must be shipped and stored at -70 degrees Celsius (minus 94°F).






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