This week, the S&P 500 companies are expected to announce their Q2 2020 earnings. Things will be slightly different from their usual state considering the current situation.
Google has launched an India Digitization Fund and is going to invest $10 billion through partnerships and infrastructural efforts.
With the questionable plan to reopen Disney World amidst coronavirus scare, Goldman Sachs has given DIS a bullish stock call.
After PepsiCo has declared its Q2 earnings, PEP stock price has started to move higher.
Amazon’s performance in today’s pre-market further solidifies its bid to surmount other companies as the world’s most valuable brand.
Rossari Biotech is going for an IPO. Its equity shares will be listed on the NSE and BSE. The likely date of listing is July 23.
Fidelity holds about 10.6% stake in Canadian Bitcoin mining firm Hut 8, according to a regulatory filing Fidelity’s investment in Hut 8 is significant since the asset management giant is known to be mining BTC since 2014.
After raising billions from high-profile companies, Reliance Jio is set to receive $97 million from Qualcomm, to “roll out” 5G infrastructure services.
This is not the first time Rackspace goes public. Back in August 2008, the company had its public debut. With an upcoming IPO, Rackspace hopes to grow and cover its debts.
Tesla has reduced the price of its Model Y SUV by $3,000 after cutting prices of the Model 3, Model S and Model X up to $5,000 in May. Meanwhile, TSLA stock is 3% up in the pre-market.
WeWork has experienced a rather turbulent period but now it is expected that already in 2021 it will start getting profits.
Tesla’s mammoth growth in 2020 has helped Elon Musk to add over $43 billion to his personal fortune just in the last six months. Currently, Elon Musk is the highest-paid CEO in the U.S. drawing a $595 million payday check.
Tesla (TSLA) stock growth and the company’s performance are expected to help Tesla enter the S&P 500 index. The stock hit a new record high on Friday closing above $1540 levels.
BlockFi is on the hunt for a chief financial officer. The new hire could help bring the company public as early as the second half of 2021, CEO Zac Prince confirmed.
The impressive performance of Amazon (AMZN) and Netflix (NFLX) has caused Wall Street analysts to set new price targets for the companies’ stocks.