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British Fintech Company Revolut Launches Its Services in United States
By Steve Muchoki
• 3 mins read
Revolut, a British fintech company, is expanding its geography. It has become known that it is entering the market of the United States.
Boeing (BA) Shares Jump 11.17% Despite Two-Week Shutdown of Factories in Seattle
By Steve Muchoki
• 3 mins read
Boeing (BA) shares surged more than 11% at the market close and reached at $105.62 on March 23. The company announced that it would shut down production at its Seattle area factories for at least two weeks.
Amazon (AMZN) Stock Rises 3.07%, Company to Deliver and Pick Up At-Home Coronavirus Tests
By Steve Muchoki
• 3 mins read
Amazon stock has revamped 3.07% at the market close on March 23. In the pre-market, its price is $1,970. The company is set to deliver and pick up at-home test kits which are provided by gates foundation in Seattle.
Hasbro (HAS) Shares Rise 12.49% as Family Time Jumps during Coronavirus Lockdown
By Steve Muchoki
• 3 mins read
Hasbro (HAS) shares jumped more than 12% and its CEO Brian Goldner said on CNBC that the company was seeing strong demands for its products. He believes that by April the production will be fully caught up.
Tesla (TSLA) Stock Up 1.49% Now as Tesla and GM to Produce Ventilators for Coronavirus Needs
By Steve Muchoki
• 3 mins read
Tesla (TSLA) stock is in the green now. Tesla, GM, and Ford have been given the go-ahead to ramp up the production of ventilators used in the treatment of coronavirus patients.
Johnson & Johnson (JNJ) Stock Down 2% Today, Coronavirus Vaccine Not Ready Until Year-End
By Steve Muchoki
• 3 mins read
Johnson & Johnson (NYSE: JNJ) stock lost 5.64% on Friday and is 2.33% down today. The company’s CEO Alex Gorsky reassured that the company will have important data by the end of the year to offer a coronavirus vaccine.
Bank of China Disqualifies Claims that Bitcoin Can Be Safe Haven
By Steve Muchoki
• 3 mins read
The Bank of China went to the WeChat platform to highlight its concerns about Bitcoin. In a long post titled “3.15 protection of financial consumption rights and interest”, the bank warns the public on the risks of investing in Bitcoin.
Alibaba and Tencent Stocks Thrive amid Coronavirus, China Aims to Become Stabilizing Force
By Steve Muchoki
• 4 mins read
Alibaba and Tencent stocks indicate resilience amid the coronavirus stock market effect. China, the first country to be hit by the deadly coronavirus in early December, now aims to be a stabilizing force in the global market.
Is Amazon (AMZN) Stock Immune to Coronavirus?
By Steve Muchoki
• 3 mins read
Amazon (AMZN) stock looks rather attractive for investors these days. The main reason for this is the tenacity that it has shown in the fight with the coronavirus effect on the market.
At Least 20 Coronavirus Vaccines Are in Progress Globally, WHO Officials Confirm
By Steve Muchoki
• 3 mins read
As the search for COVID-19 vaccines intensifies, there are at least 20 coronavirus vaccines in the pipeline. However, Gilead Sciences (GILD) and Moderna (MRNA), the stocks of the leaders in the race, tumbled as the week came to the end.