Latest Articles
Nasdaq Hits Record while U.S. Economy Is Officially in Recession
By Darya Rudz
• 3 mins read
Nasdaq Composite became the first of the big three indexes to bounce back to a record high. On Monday, it rose to 9,924.75, closing at the highest since February 19 when it ended at 9,817.18.
TSLA Stock Hit $900 in Pre-market, Million-Mile Batteries from China Expected to Power Tesla Cars
By Darya Rudz
• 3 mins read
Million-mile batteries would help Tesla reach the goal it set five years ago. They would also take Tesla battery cost down below $100 per kilowatt-hour. Meanwhile, TSLA stock is up today.
AstraZeneca Adressed Gilead Sciences to Discuss Potential Merger
By Darya Rudz
• 3 mins read
If combined, AstraZeneca and Gilead Sciences would have a market capitalization of about $237 billion, exceeding Merck & Co and Pfizer worth $207 billion and $200 billion respectively.
How to Stabilize Your Finances amid COVID-19 Crisis with 401(k) Loan and Withdrawal
By Darya Rudz
• 3 mins read
You should weigh up all the pros and cons considering 401(k) withdrawal or loan. Besides, it is better to first look into other options that wouldn’t reduce your retirement savings. If there are no, then think carefully about the amount you will need.
TSLA Stock Up 0.84% in Pre-market, Tesla Model 3 Is UK’s Best Selling Auto in May Again
By Darya Rudz
• 3 mins read
Of 20,247 new cars registered in the UK in May, 852 were Tesla Model 3. In April, Tesla Model 3 was the best-selling car in the UK as well. Following the news, Tesla (TSLA) stock is 0.84% up in the pre-market.
American Airlines Stock Rises 41% as COVID-19 Crisis Is Backing Down
By Darya Rudz
• 3 mins read
On Thursday, American Airlines (AAL) stock jumped 41% to $16.72 at the close, which is the biggest gain since 2013 when the company merged with US Airways. The jump followed the carrier’s announcement about boosting its capacity.
Gilead Sciences (GILD) Stock Rose 1.5% Yesterday on Remdesivir $7 Billion Sales Prognosis
By Darya Rudz
• 3 mins read
According to SVB Leerink analyst Geoffrey Porges, remdesivir price is likely to be $5,000 per course in the US, $4,000 per course in Europe, and around $2,000 in other markets. Gilead Sciences (GILD) stock keeps rising.
COVID-19 Recession Is Over, Says Moody’s Analytics as ADP Data Show Start of Recovery
By Darya Rudz
• 3 mins read
In April, the U.S. unemployment rate grew to 14.7%, the worst since the Great Depression. In May, the unemployment rate growth was not as high as analysts predicted, and it seems the worst is probably behind.
ZM Stock Up 1% in Pre-Market, Zoom Q1 Earnings Tear to Bits Wall Street Expectations
By Darya Rudz
• 3 mins read
Zoom’s Q1 earnings far outnumbered analysts’ expectations, appeasing investors and leading to Zoom stock surge. In pre-market today, Zoom (ZM) stock has jumped by 1.88% to $212.00.
Wayfair (W) Stock Jumps 13% as Piper Sandler Praises Retailer and Raises Its Price Target
By Darya Rudz
• 3 mins read
While Wall Street still undervalues Wayfair, its stock has rocketed about 800% since its bottom of $23.52 in March. On Tuesday, Wayfair (W) stock ended the trading session 12.87% up, $188.63 per share.