Helping China cut carbon emissions isn’t a financial game for everyone


A worker examines a sewage recycling pool in the coal liquefaction factory of CHN Energy in Ordos, north China’s Inner Mongolia Autonomous Region, April 11, 2019.

Xinhua | via Getty Images

BEIJING — China has a lot more to worry about at home than its foreign policy. Some energy-related companies in the country have found themselves caught in a business cycle that shows how difficult it can be for stimulus to help the economy in the form of bank loans.

The world’s second-largest economy contracted 6.8% in the first quarter at the height of the coronavirus pandemic. Among many measures

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Weak consumer is overtaking coronavirus as biggest risk: Crossmark


Coronavirus may no longer be the market’s top risk.

According to Crossmark Global Investments’ Victoria Fernandez, weak consumer spending is the biggest threat to the recovery — especially as social unrest grips the nation.

“If you looked about a month or two ago, people would say it was Covid, and it was the reopening that was going to be the issue,” the firm’s chief market strategist told CNBC’s “Trading Nation” on Tuesday. “We could open up factories. We could have manufacturing come back. If we don’t have consumer demand out there right now, that’s not going to help

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Zoom, Lyft, CrowdStrike and more


A traveler wearing a protective mask waits to put a suitcase in the back of ride-sharing car displaying Lyft signage at San Francisco International Airport on Monday, May 4, 2020.

Paul Morris | Bloomberg via Getty Images

Check out the companies making headlines after the bell.

Zoom Video — The video conferencing platform’s stock whipsawed in extended trading then fell 4% after the company released its first-quarter financial results. Zoom reported earnings of 20 cents per share excluding some items on revenue of $328.2 million, while analysts expected earnings of 9 cents per share with revenue of $202.7 million, according

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Stocks futures flat as Wall Street monitors economy reopening amid civil unrest


U.S. stock futures were flat in overnight trading, as Wall Street continues to rally on optimism over economies emerging from coronavirus-led shutdowns despite ongoing protests. 

Dow futures rose 10 points, indicating a gain of 0.02%. The S&P 500 and Nasdaq were also flat, indicating gains of 2 and 5 points, respectively. 

On Tuesday, stocks rose as optimism around reopening businesses overshadowed concerns about the global pandemic, U.S.-China trade tensions and nationwide protests. Equities got an extra boost in the final hour of trading and closed around their session highs.

“Despite several issues of importance — national riots, Chinese relations, an

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