Tesla (TSLA) stock jumped over 2% in the pre-market to trade at around $1,000. The company announced that the price of its Model S Long Range Plus will be reduced by $5,000.
Brazil is the first country where WhatsApp digital payments are starting to be introduced.
As part of its measure to cushion the effects of the coronavirus economic saga, the Federal Reserve will be investing about $750 billion in Individual Corporate Bonds. It will help provide adequate liquidity for government expenditure while boosting the credit system.
Epic Games, the studio behind “Fortnite,” is close to landing $750 million in new funding that would value the company at $17 billion. New investors T. Rowe Price Group and Baillie Gifford as well as existing investor KKR will join the round.
Unilever first started thinking of environment-friendly policy and fighting climate change back in 2010. At that time, it set its first climate target. By 2039, 11 years before the 2050 Paris Agreement deadline, Unilever plans to achieve net-zero emissions.
Expanding its earlier decision to buy corporate bonds from the primary market, the Fed announced that it will also buy individual corporate bonds from the secondary markets, with a maturity period of five years or less. Dow Jones reacted with a growth.
Huawei achieved a total of 19% of the total smartphone sales in April while Samsung reported 17% in the same period.
In a bid to fight off foreign interference, Germany is set to invest in CureVac, a biopharmaceutical firm that is working on the development of a coronavirus vaccine. The deal is worth 300 million Euros
To sell the shares, Hertz has entered into an Open Market Sale Agreement, or sales agreement, with Jefferies LLC. In the pre-market today, Hertz (HTZ) stock is 9.52% up, $2.07 per share.
Bitmedia is going to provide a transparent and user-friendly advertising business for the blockchain space. The company underlined that the concept of its services is a radical departure from what is traditionally obtainable in ad networks.
People’s Bank of China gave American Express the green light to start operating a card-clearing network that will process transactions in yuan. Today the price of AXP stock is growing.
Let’s take a look at both Visa and Mastercard to see how they’re doing amid the coronavirus pandemic. Today both V and MA stocks are in red.
Moderna (MRNA) is up today. The rise may be attributed to news that the company’s coronavirus vaccine has passed a safety test on animals. Moreover, Israel is in talks with the company to buy its vaccine.
Though Metro Bank has initiated talks to acquire RateSetter, the price that it is ready to pay is unclear and there is no guarantee that the talks will be successful.
The U.S.-based publicly traded companies show superior progress in moving to a record $2 trillion market cap. Of these, more expectations are on Amazon.