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Stay-at-Home Stocks Rallied on Monday while Others Dropped on Coronavirus Cases Surge
By Steve Muchoki
• 3 mins read
As the stock market opened yesterday, stay-at-home stocks like Netflix (NFLX), Amazon (AMZN), Zoom Video Communication (ZM) rallied as the coronavirus spiked in the U.S. and abroad, giving an impression of a possible new infection rate.
Condé Nast to Test Ripple’s XRP with Coil Integration as New Method of Monetization
By Steve Muchoki
• 3 mins read
Condé Nast enables monetization for all its websites with XRP-supported platform Coil in a limited test of the service. Meanwhile, Ripple Labs is listed as number 28 on CNBC’s Disruptor 50.
TSLA Stock Up 2.5% in Pre-Market, Tesla Cuts Price of 2020 Model S Long Range Plus by $5,000
By Steve Muchoki
• 3 mins read
Tesla (TSLA) stock jumped over 2% in the pre-market to trade at around $1,000. The company announced that the price of its Model S Long Range Plus will be reduced by $5,000.
Huawei Overtakes Samsung and Apple as World’s Largest Smartphone Maker in April
By Steve Muchoki
• 2 mins read
Huawei achieved a total of 19% of the total smartphone sales in April while Samsung reported 17% in the same period.
Moderna (MRNA) Stock Up Over 3% Today, mRNA-1273 Vaccine Passes Safety Test on Animals
By Steve Muchoki
• 3 mins read
Moderna (MRNA) is up today. The rise may be attributed to news that the company’s coronavirus vaccine has passed a safety test on animals. Moreover, Israel is in talks with the company to buy its vaccine.
Boeing (BA) Stock Rises 8% Now amid Fears of New Coronavirus Wave
By Steve Muchoki
• 3 mins read
Today Boeing (BA) stock is up nearly 8%. Meanwhile, the stock has dropped 48.53% in the past twelve months.
Top 5 Tech Companies Lost $270 billion During Thursday’s Market Confusion
By Steve Muchoki
• 3 mins read
With market uncertainty rising yesterday, the top 5 tech companies saw their shares falling. Amid a worrisome surge in new coronavirus cases and a high unemployment rate, the stock market experienced an increase in volatility.
AAPL Stock Down 4.8%, Apple Reveals Lineup for WWDC20
By Steve Muchoki
• 3 mins read
As most stocks turned red yesterday, Apple (AAPL) stock closed the day with a 4.80% loss. Meanwhile, the company revealed the lineup for its WWDC20 that will take place virtually from June 22 to 26.
Amazon (AMZN) Stock Up Nearly 1%, Dow Futures Down Over 800 Points
By Steve Muchoki
• 3 mins read
The Dow futures have lost over 800 points today, meanwhile, Amazon (AMZN) stock is in the green now.
Ethereum Creator Vitalik Buterin Explains How Crypto Industry Can Change Political Landscape
By Steve Muchoki
• 3 mins read
Ethereum co-founder Vitalik Buterin joined the discussion of how the political sphere can change under the influence of cryptocurrencies.