The Dow Jones dropped over 100 points on Thursday shortly after the start of today’s session as the Labor Department reported that initial jobless claims in the United States doubled to 6.6 million last week.
Zoom (ZM) stock is falling continually in the past several days after ‘Zoom Bombing’ hackers attacked its video conferencing service but investors are confident the stock will rise in the long-term.
Binance acquires CoinMarketCap ‘to make crypto more accessible worldwide’. CMC CEO is stepping down to spend time with family. Binance CEO claims he will make sure that CMC data is following the industry standards and needs.
Top five Dow Jones stocks in Q1 include Microsoft (MSFT), Walmart (WMT), followed by Intel (INTC), Johnson & Johnson (JNJ), and Procter & Gamble (PG).
The Gates Foundation ponied up $100 million to assist in the battle against the spread of coronavirus in February after committing to $10 million in January when the outbreak started. Now Gates insists on the necessity of a nationwide shutdown.
Le Bijou, a Switzerland luxury hotel, has re-invented its service to provide its guests with world-class quarantine apartments. The hotel is offering healthcare workers fighting coronavirus a free of charge stay at its apartments.
Tesla, whose manufacturing process is now at risk, will soon release its Q1 2020 report. Amid the predicted underperformance, Tesla (TSLA) stock is down. It closed at $481.56 yesterday.
Verizon stock is falling today despite the upgrade announcement by Goldman Sachs. Goldman Sachs added VZ stock to its ‘Conviction Buy’ list, explaining that the stock offers investors the most attractive combination of total returns and risks.
Macy’s has been removed from the benchmark S&P 500 stock index. Its market capitalization currently is a representative of small-cap space according to S&P Dow Jones Indices.
Zoom (ZM) stock price is down around 6% after several privacy issues are discovered. The video conferencing company has faced a lawsuit in California and an investigation by the New York Attorney General.
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