Author
1163 posts
Teuta Franjkovic
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Latest Articles
AMC Stock Jumped Over 40% in Pre-market, Is 20% Up Now After Reports Amazon May Buy It
By Teuta Franjkovic
• 3 mins read
Shares of AMC Entertainment rocketed 47% in active pre-market trading today, as it was reported that Amazon is interested in acquiring the struggling movie theater chain.
Under Armour (UAA) Stock Down 10% in Pre-market as Its Sales Plunge 23% in Q1
By Teuta Franjkovic
• 3 mins read
Under Armour reported a first-quarter loss of $589.7 million. On a per-share basis, the Baltimore-based company said it had a loss of $1.30. Today in the pre-market, UAA stock is at around $9, it means it has lost 10%.
TSLA Stock Up 5%, Elon Musk Threatens to Relocate Tesla Factory to Texas or Nevada
By Teuta Franjkovic
• 4 mins read
Elon Musk has always had a very negative opinion about the coronavirus-related shutdown orders. Now he wants to relocate Tesla operations from California to other states. Meanwhile, TSLA stock went up on Friday.
MRNA Stock Up 10%, Moderna CEO Says Supply of Coronavirus Vaccine Will Be Limited
By Teuta Franjkovic
• 4 mins read
It has become known that the supply of Moderna’s coronavirus vaccine will be limited and the U.S. government will help to choose who will be the first to get it. Meanwhile, today Moderna (MRNA) stock is around 10% up.
U.S. Weekly Jobless Claims Amount to 3.169M, Seven-week Tally Hits 33.5M
By Teuta Franjkovic
• 4 mins read
Jobless claims last week totaled 3.17 million, the U.S. Labor Department reported on Thursday. Though the numbers remain elevated, it’s the lowest total since after the coronavirus was declared a pandemic.
Bitcoin Price Managed to Rise Above $10K for the First Time Since February but Went Down
By Teuta Franjkovic
• 4 mins read
The Crypto Valley experts came to a consensus that this Bitcoin block reward halving would be different from the previous two, regardless of which direction the price of Bitcoin (BTC) goes. However, it seems that, at least for now, Bitcoin price is going up constantly.
TON Launches under Different Name with TON Crystal Token Trying to Beat SEC
By Teuta Franjkovic
• 4 mins read
Free TON and TON Crystal tokens are to be launched today by the decentralized community, but it is said that Telegram needs to leave the project.
Virgin Media and O2 Owners Confirm $38B Merger in UK
By Teuta Franjkovic
• 3 mins read
Liberty Global and Telefónica have struck a deal to combine their British operations O2 and Virgin Media in a $38B merger that will reshape the UK’s telecoms market. The two companies announced the deal after five months of negotiations.
Google Releases Algorithm Update: Bitcoin News Censored?
By Teuta Franjkovic
• 3 mins read
Search results continue to churn three days after Google announced the May 4 update. Google warned it may take a couple of weeks to settle. The changes are felt by many.
Investors Now Worry More about U.S.-China Deal Development Than about Coronavirus
By Teuta Franjkovic
• 4 mins read
The phase one trade deal requires China to buy an additional $200 billion worth of U.S. products and services over the next two years compared to 2017 levels. However, the global pandemic has made it extremely unlikely that China will be able to fulfill its promises.