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Tesla Starts to Feel Coronavirus Panic Barely a Month after Elon Musk Called It Dumb
By Steve Muchoki
• 2 mins read
Tesla is implementing cost-cutting measures, including unpaid leave for its employees, barely a month after CEO Elon Musk said coronavirus threat is dumb.
Disney (DIS) Stock Down 1.1%, Analyst Says Parks Attendance May Need 2 Years to Normalize
By Steve Muchoki
• 3 mins read
Disney (DIS) stock price is falling. Wells Fargo analyst Steven Cahall stated that the studio’s theme parks division will need a couple of years to return to normal business.
Zoom (ZM) Stock Lost 7.48% Yesterday as Company Is Sued Due to Privacy and Security Flaws
By Steve Muchoki
• 3 mins read
Zoom Video Communications (ZM) stock price lost $9.19 approximately 7.48% on April 8. The fall is being attributed to the class-action lawsuit. Zoom is being sued for not disclosing privacy security flaws.
Google (GOOG) Stock Up 0.11 % in Pre-market, G Suite Records 1M New Paying Businesses
By Steve Muchoki
• 3 mins read
Google (GOOG) stock is trading approximately 7.45% up since Monday. Google’s G Suite experienced a surge of over 1 million paying businesses to hit 6 million customers in March.
Tesla Set to Incorporate Blockchain Technology in Its Supply Chain to Facilitate Import Process
By Steve Muchoki
• 3 mins read
Tesla is always open to innovations. Now it is set to incorporate blockchain technology in its supply chain for efficient handling of goods at the ports, especially in China.
Ripple-Compatible Chip Development Is Said to Be Sponsored by U.S. Navy
By Steve Muchoki
• 3 mins read
Ripple and XRP are in the spotlight once again after the news that the U.S. Navy is hiring a firm to create implantable microchips that would be compatible with Ripple’s blockchain.
Apple (AAPL) Stock Up Nearly 9%, Company Set to Release New 13-Inch MacBook Pro in May
By Steve Muchoki
• 3 mins read
Apple (AAPL) stock rose by $21.06, or 8.72%, to clinch slightly above $262 on Monday. According to leaker Jon Prosser, Apple is set to release a new 13-inch MacBook Pro in May.
What Options There are For You if You Have 401(K) Loan and Lose Jobs amid Coronavirus Crisis
By Steve Muchoki
• 3 mins read
If you are among the 13% of 401(K) savers with an outstanding loan, it is expected you will either have to pay it quickly, or the loan gets deducted from your outstanding account balance
Moderna (MRNA) Stock Rose 4.94% on Friday, Moderna CEO Stephane Bancel Becomes Billionaire
By Steve Muchoki
• 3 mins read
On Friday, Moderna (MRNA) stock rose by 4.94% breaking out the $32 resistance level. Clinching above $34 has helped Moderna CEO Stephane Bancel to join the list of billionaires.
Deal between Russia and Saudi Arabia Is Very Close, Oil Prices Are Likely to Stabilize
By Steve Muchoki
• 3 mins read
Oil prices are likely to stabilize globally very soon, as Russia and Saudi Arabia are getting very close to finalizing an oil production cut deal. It was confirmed by the CEO of the Russian Direct Investment Fund Kirill Dmitriev.