Zoom (ZM) stock surged 40.78% on Tuesday. The impressive performance is attributed to the 2020 Q2 results released earlier in the week.
Tesla plans to sell its stocks worth $5 billion through banks. Wedbush analyst Dan Ives called this idea a “smart move”.
Apple expects a massive demand for its upcoming flagship 5G iPhone 12 and is all geared up for the launch next month in October 2020. Apple has successfully dodged the coronavirus economic slowdown and despite the contracting economy, it expects to do it in the coming quarters as well.
Warren Buffett has changed his mind about gold as an investment, prompting some people to think that he might do the same with BTC. Max Keiser has predicted that the Berkshire Hathaway CEO will panic-buy Bitcoin at $50,000.
Amazon (AMZN) stock price is rising after the company has announced that its drone delivery fleet was approved by the FAA for trial commercial flights.
With ByteDance based in China, it will have to comply with the Chinese regulators before going ahead with the TikTok sale.
With a massive success for the company despite the COVID-19 economic crisis, the Tesla CEO has added a whopping $87 billion to his personal wealth in 2020. Elon Musk’s net worth currently stands at around $115 billion.
With the Dow measuring the stock performance of 30 large companies listed on stock exchanges in the United States, its rise is an indication that the big market cap companies are headed for a bull run.
Zoom posted Q2 revenue of $663.5 million outperforming the benchmark of $500.5 million. ZM stock is up today in the pre-market.
While the euphoria related to Tesla and Apple stock split has caught up with investors seeing this as an opportunity to get their hands on the tech stocks, analysts believe this tendency may be somewhat misguided.
Both Apple and Tesla completed a stock split on Monday: Tesla did a 5-for-1 stock split, while Apple issued a 4-for-1 stock split. And while it may now look like shares became cheaper for the two high-flying stocks, that’s not true.
The bullish call on SPCE stock comes despite the Virgin Galactic’s operations having been severely affected by the ongoing coronavirus pandemic
With free Netflix access, viewers will be able to watch the movies with all language options. Meanwhile, NFLX stock is slightly down.
The proposed stock splits of Apple (AAPL) and Tesla (TSLA) could drive future growth up to about 33%.
Both Tesla and Apple are beginning stock split trading today, giving investors the opportunity to access additional shares in the companies.