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PayPal and Square Stocks Up 7% and 6% as Massive Stimulus Bill Headed to the Congress
By Steve Muchoki
• 3 mins read
PayPal (PYPL) stock rose 7.11% while Square (SQ) stock rose 6.20%, on what is being attributed to the massive coronavirus stimulus bill that is making its way through the Congress.
Airbnb Hosts Complain 25% Reimbursement Policy Payments Can’t Cover Their Losses
By Steve Muchoki
• 3 mins read
Airbnb hosts are complaining that those payments that they can get in the framework of the company’s coronavirus relief program are just a drop in the ocean.
Virgin Galactic Chairman Chamath Palihapitiya Raises $720 Million in IPO for a New Company
By Steve Muchoki
• 3 mins read
Virgin Galactic chairman Chamath Palihapitiya raised $720 million for a new blank-check firm. It is 20% more than it was expected earlier.
Bitcoin Halving Is Just 19 Days Away as BTC Mining Difficulty Ramps Up
By Steve Muchoki
• 3 mins read
Only 19 days are left before the long-awaited Bitcoin halving. BTC mining difficulty sets to hit an all-time high, as a result, many miners may stop their business activities for a while.
U.S.-Listed PDD Stock Rose 1.66% Yesterday as Pinduoduo Is Serious Rival to Alibaba and JD
By Steve Muchoki
• 3 mins read
Pinduoduo (PDD) stock rose by 1.66% to trade slightly above $50 on April 21. The U.S.-listed Chinese company is becoming a fast-growing rival to Alibaba and JD in China.
Snap Stock Jumped 20% in Pre-market on Strong Growth in Revenue and Daily Users in Q1 2020
By Steve Muchoki
• 3 mins read
Snap (SNAP) stock jumped over 20%, from trading at $12.44 to $15. The surge is attributed to a strong growth of revenue and daily users recorded in the first quarter.
Tesla (TSLA) Stock Trading at Around $700 Now, Can Its Price Reach $2,000 in 2029?
By Steve Muchoki
• 3 mins read
After closing yesterday at $746.36 with a 1% drop, Tesla (TSLA) stock is down around 6% now. It is predicted that Tesla stock price would hit $2,000 in 2019.
Inovio (INO) Stock Rose 9.5% Yesterday, Up 4% in Pre-market as Vaccine Space Gets on Fire
By Steve Muchoki
• 3 mins read
As of the market closed on Monday, shares of Inovio Pharmaceuticals (INO) were up by 9.6%, while Moderna (MRNA) rose 10.3%. Novavax (NVAX) blasted higher by 24.7%, and VBI Vaccines (VBIV) posted a comparable 24.2% gain.
BYND Stock Up 8%, SBUX Down 1% Now, Starbucks to Debut Beyond Meat Products in China
By Steve Muchoki
• 3 mins read
Beyond Meat (BYND) is rising, while Starbucks (SBUX) shares price is falling amid the ongoing coronavirus crisis globally. Starbucks is going to debut Beyond Meat Products in China as part of the coffee chain’s sustainability push.
House Committee on Ways and Means: Timeline for Economic Impact Payouts
By Steve Muchoki
• 3 mins read
Through a memo sent out on April 16, 2020, the House Committee on Ways & Means sheds light on the expected timeline for economic impact payouts.