Already in November 2019, Elon Musk revealed that the Tesla gigafactory will be in the “Berlin area” and will be specifically located very close to the city’s new airport.
With the rise in the work-from-home culture due to the COVID-19 pandemic, DocuSign (DOCU) stock has been the top pick of Wall Street investors surging nearly 350% year-to-date.
Apple announced that it will delay the privacy update with iOS 14 while giving developers some more time to adjust with its privacy rules and policies. This is a temporary relief to companies like Facebook, however, advertisers would need to work out for alternatives in the long run.
After last year’s announcement to allow political ads, Facebook will ban these ads shortly before the upcoming elections. FB stock price is falling.
QuantumScape said that it plans to go public. It is the latest transportation startup to integrate with a special purpose acquisition company or SPAC.
After announcing more jobs in the U.S., Amazon has recently revealed plans to add more permanent roles in the UK. The company is also open to temporary employees.
French drugmaker Sanofi and Britain’s GlaxoSmithKline revealed that they had started a clinical trial of their protein-based COVID-19 vaccine candidate, aimed at reaching the final testing stage by December.
SoftBank decided to invest in the sector using its own assets through the replacement to the $100 billion Vision Fund as it is trying hard to draw the attention of potential investors.
Walmart (WMT) is introducing Walmart Wonder Lab, a virtual game testing hub created to replace the retailer’s annual physical toy testing.
Alphabet Inc. stock (NASDAQ: GOOGL) jumped 3.76% yesterday to close the day trading at $1717.39. This came after the company announced plans to develop a self-sufficient new town-like tech hub in the Mountain View area.
Despite the green ticks seen in key tech stocks, traders appear to have taken profit off the shares of Apple and Tesla as both stocks strive to stabilize after the implementation of their respective stock splits.
Through a filing to the SEC, Baillie Gifford & Co. disclosed that it has sold 19.23M of Tesla (TSLA) shares to meet the company’s internal guidelines. Tesla shares dropped by nearly 5% yesterday and lost another 2% after hours.
Li’s 8.5% stake in Zoom (ZM) added $3.2 billion to the billionaire’s wealth yesterday following Zoom’s cataclysmic growth amid the pandemic.
Macy’s jumped over 6% at the pre-market. The surge is attributed to the stronger than anticipated 2020 Q2 results across all its three brands: Macy’s, Bloomingdale’s and Bluemercury.
Major stock indexes including the Dow Jones Industrial Average gained 215.61 points, or 0.8%, to close at 28,645.66. The S&P 500 climbed 0.8% to 3,526.65 and the Nasdaq Composite advanced 1.4% to 11,939.67. Both the S&P 500 and Nasdaq hit all-time highs.