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California has averaged 106,000 unemployment claims daily, nearly 750,000 in a week, or 3.8 percent of the entire state workforce.
Yesterday’s 24.32% surge of Boeing (BA) stock is a credit of the company’s plan to restart its 737 Max production in May. As Boeing Chief Financial Officer Greg Smith admitted, the process will not be an easy one.
Tesla stock’s rebound makes us believe that Tesla shares are now a good investment. At the moment of writing, TSLA stock is trading at over $545.
Because of COVID-19, consumer demand for advertising (30% to 45% of Facebook’s total revenue) has fallen. Facebook (FB) stock has also suffered. Today, it has opened at $158.92.
Microsoft (MSFT) is a promising stock to invest in now. Over the last four quarters, the company’s earnings growth has been impressive, ranging from 20% to 37%.
According to Bill Gates, COVID-19 is disastrous for the U.S. economy. In the situation given, people have to maintain the coronavirus shutdown of 6-10 weeks.
As Moderna’s CEO Stephane Bancel said, COVID-19 vaccine mRNA-1273 could be first available to a select group of healthcare workers, under emergency use authorization. MRNA stock is up in the premarket.
Netflix (NFLX) stock rose by over 8% following an upgrade to outperform from neutral by Baird Equity Research. The firm said the rise of cord-cutting could be compounded through the coronavirus crisis and provide a bigger boost to Netflix.
Zoom Video Communications is one of the winners in coronavirus time. On Monday, ZM stock skyrocketed by 22.22% to reach $159.56.
The schedule for the iPhone 12 release is fall 2020. However, it may change because of the current situation with the coronavirus outbreak that affects markets. Today, Apple (APPL) stock dropped.