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Robinhood Financial Managed to Raise $280 Million in Series F Funding Led by Sequoia Capital
By Steve Muchoki
• 3 mins read
Robinhood Financial LLC announces that it has raised $280 million in series F funding. With the new funds, Robinhood is planning to scale its platform by building new products.
Fujifilm to Send Its Coronavirus Drug Favipiravir to Over 40 Countries for Trials
By Steve Muchoki
• 3 mins read
Fujifilm (FUJIY) shares closed with a 0.95% rise yesterday after the company confirmed it will send its favipiravir coronavirus drug to over 40 countries for trials.
Gilead (GILD) Stock Up Less Than 1% Yesterday, WHO to Make Remdesivir Widely Available
By Steve Muchoki
• 3 mins read
Gilead Sciences (GILD) stock closed yesterday with a 0.38% rise to trade at $80.25. WHO wants to involve the U.S. government in making remdesivir globally available.
Bitcoin Price Below $9K, Morgan Creek Digital Co-Founder Targets $10K before BTC Halving
By Steve Muchoki
• 2 mins read
Bitcoin (BTC) is trading below $9,000 at around $8,800 as the halving is getting closer with a high level of price uncertainty. According to Morgan Creek Digital co-founder Jason A. Williams, BTC price will hit $10K before the halving.
Airlines Stocks Down after Warren Buffett Exited Stakes in Four of the Largest U.S. Airlines
By Steve Muchoki
• 3 mins read
Airlines stocks slid further on Monday after investor Warren Buffett said that Berkshire Hathaway exited its stakes in four of the largest U.S. air carriers American, United, Delta and Southwest airlines due to the coronavirus.
INTC Stock Down 0.45% in Pre-Market, Intel Set to Purchase Israel’s Moovit for $1 Billion
By Steve Muchoki
• 3 mins read
The American multinational corporation Intel is going to acquire Moovit for $1 billion. Meanwhile, Intel (INTC) is slightly down in the pre-market.
Ripple Publishes Q1 XRP Markets Report for the Year 2020
By Steve Muchoki
• 3 mins read
On April 30, Ripple published the Q1 XRP Markets report to update the public on the company’s views on the state of the XRP market.
MRNA Stock Up 2%, Moderna Signs Deal to Ramp Up 1B COVID-19 Vaccine Doses a Year
By Steve Muchoki
• 3 mins read
Moderna is moving forward with its coronavirus vaccine. The company announced a deal with Lonza Group AG to manufacture 1 billion coronavirus vaccine doses a year. MRNA stock is up.
Visa, MasterCard, and AmEx Stocks Rose on Wednesday but Are Down Nearly 1-2% Today
By Steve Muchoki
• 3 mins read
Credit card stocks, Visa (V), MasterCard (MA) and American Express (AXP) rose 5.4%, 6.6% and 6.3% respectively on Wednesday, April 29. MasterCard Q1 earnings report beat analysts’ expectations.
Elon Musk Bashes Stay-at-Home Orders, Tesla Reports Good Q1 Earnings, TSLA Stock Up 8%
By Steve Muchoki
• 3 mins read
Tesla CEO Elon Musk asked the government to give people back their freedom amid the coronavirus pandemic. The company reported Q1 earnings that beat analysts’ expectations. TSLA stock is up.