Intel discovered a flaw in the manufacturing of its 7-nm chips that resulted in low-yield output. INTC stock is down.
Microsoft Corp. stock (Nasdaq: MSFT) fell 4.35% on Thursday to close the day at $202.54, however it was 0.54% up in the after hours. Shares were downgraded to ‘hold’ rating despite the company unveiling new Xbox games.
Space Exploration Technologies SpaceX is set to raise $1 billion in a private N-series funding round. With the funds, the firm will be at an advantage to bolster its operational funding gap
After earlier predicting a bear target price for Tesla, Brian Johnson recently made more negative comments on the company’s stock and sales. TSLA stock is up today.
Slack has hit Microsoft with an anti-trust complaint. This happened after Microsoft integrated Teams within Office.
Roche has announced that it gained 1% in the sales in the first half of the year, due to the ongoing coronavirus pandemic which plunged the company’s performance.
In partnership with Acko General Insurance, Amazon has decided to start selling auto insurance in India. AMZN stock went up in the pre-market today.
India’s renowned e-commerce outlet, Flipkart has acquired a 100% stake in Walmart to boost its Flipkart Wholesale business that will commence operation in August.
Following strong Q2 2020 report, Tesla stock rose. TSLA closed at $1,592.33 per share yesterday and added 4.06% to $1,657.00 after-hours.
Microsoft reported Q4 earnings that exceeded Wall Street’s expectations, as the still-raging coronavirus outbreak proved no match for the tech giant’s booming cloud computing business. MSFT stock went down after hours.
The U.S. Government has signed a $1.95 billion deal with Pfizer and BioNTech for their COVID-19 vaccine. The prices PFE and BNTX stocks are moving higher.
Facebook seems to be the next to join the $1 trillion market cap club. Visa, Tesla, and Berkshire Hathaway are also strong contenders in the race.
Analysts are optimistic about Facebook (FB) stock amidst growing expectations of profitable earnings and a new class-action lawsuit.
Scalable Capital has raised €50 million in a Series D funding round. BlackRock and HV Holtzbrinck Ventures, among others, participated in the round.
Boeing (BA) stock is in the red after indications emerged that the 737 MAX may not carry passengers again any time soon.