Tesla stock is one of the most widely-discussed stocks this year with about 400% growth. With TSLA’s current pullback, the stock performance still amazes analysts.
Work management platform Asana has filed for a direct listing on the NYSE. Meanwhile, the company’s FY20 revenue was $142.6M, up to 86% Y/Y. The net loss was $118.6M, up from the prior year’s $50.9M.
Unity is one of the top software companies in the world. In the SEC filing for an IPO, the company estimated that more than half of the top mobile games on the Apple App Store and Google’s Play Store in 2019 were built with Unity.
Apple (APPL) shares kept rising and on August 24, the stock gained for the fifth straight trading session after Morgan Stanley analyst Katy Huberty expressed an increasingly bullish view on Apple’s prospects.
In the United States, a client of the Bank of America was mistakenly credited with $2.45 billion only a few days after Citigroup made headlines for accidentally sending $900 million to a group of lenders.
Apple shares took the lead to open the week ahead of other top tech stocks. Airlines and cruise stocks rose as well.
Popular video calling software Zoom appears to have been suffering connectivity issues today across the U.S. and Europe. The company confirmed that meetings and video webinars are facing partial outages.
Berkshire Hathaway’s cashing up in an environment which in the past has seen it invest heavily counter-cyclically – some of Buffett’s biggest and most profitable plays have been during times of crisis – and its foray into a gold stock underscores his risk-aversion.
The rapid growth of TSLA shares has led to an increase in the Tesla value that currently makes up $382.04 billion. Now both analysts and investors believe the best days for Tesla are still ahead.
AstraZeneca (AZN) stock up rose by about 4% after the news that President Trump is reportedly ready to give the AZN-Oxford developed AZD1222 vaccine an Emergency Use Authorization Status.
In a new twist to the TikTok saga, a new report claims that last year Zuckerberg discussed with White House lawmakers the threat from Beijing-based ByteDance (Tiktok’s parent company) to other U.S. tech companies.
Daniel Ives believes that Apple has the potential to make further significant gains over the next year. According to him, the AAPL stock price has high chances to reach the level of $600.
TikTok has decided to file a lawsuit against the Trump administration challenging the executive order banning TikTok’s U.S. transactions. TikTok blames the Trump government for lack of due process and unwillingness to engage in a constructive solution.
Facebook seems unfazed with the scrutiny, as the company plans to expand its porting tools for images and data. FB stock is slightly up.
China-based electric automaker Nio has demonstrated enormous growth this year. Tesla rival plans to expand into global markets in 2021.