Dow Jones started the day with losing 1,058 points, or 4.7%. The S&P 500 was down 4% and the Nasdaq was 3.87% lower. Alphabet (GOOGL) stock is in the red as well.
Currently, the United States has more confirmed cases than Italy and China but President Trump wants to open up the country in order to see business operations returning to normalcy.
Boris Johnson, the United Kingdom’s Prime Minister, is going to self-isolation on Downing Street. Health Secretary Matt Hancock went under forced self-isolation too.
Apple (AAPL) stock rose by over 5% yesterday but is falling today. The company is testing an AR/VR headset with HTC Vive-like controller that is set to be launched in 2021 or 2022.
Tesla (TSLA) stock price rose by about 20% in the past week alone. Will it continue this way? Though there are some doubts due to the coronavirus concerns, prices see to remain steady.
Bitcoin price has managed to go above 6,700 again, with the market data showing that the first cryptocurrency is ready to take off. Halving will happen roughly on 13 May 2020. Traders accumulate BTC.
Well, the jobless figures and the economic outlook seem pretty bleak for the coming few quarters amid coronavirus, here is how the market is reacting to the situation. Is any further damage already priced-in?
Ex-CFTC chief’s Digital Dollar Initiative adds 22 new advisors and will release a white paper in the next two months. The Digital Dollar is serious as never, as ex-CFTC, FED, Treasury board directors join the venture.
Microsoft (MSFT) stock rose by over 6% yesterday after the company announced it had acquired Affirmed Networks to deliver new opportunities for a global 5G ecosystem. The FAANG stocks were on the winning side with a surge of 5% on average.
Walmart, Amazon, Costco stocks are up as they implement measures to protect employees and customers from coronavirus. The measures include sanitizing efforts, temporary changes of working hours and recruiting more people to handle increasing demand.
Huawei P40 Pro Plus comes with great features. But it was introduced at the wrong time when the COVID-19 pandemic has reached new scales. The P40 Pro Plus is said to be sold for 1,399 euros.
The CME Group board of directors nominee has suggested that venturing into Bitcoin mining will help to create additional revenue streams for the shareholders.
Coin Metrics has raised $6 million in its Series A funding round. The company will use the money raised to diversify its product line and expand its team.
The Dow Jones Industrial Average is leading the pack on a bull rally, after gaining 1,300 points as of March 26. Although still below last year’s lows, the 6.38% gain is the biggest 3-day surge ever recorded since 1931
OKB utility token used on the OKEx trading platform experiences a significant price serge. Tokeninsight research institute foresees a positive outlook on OKB’s ecosystem development as the OKEx Empire continues to expand.