
AMZN Stock Down 0.17%, Amazon and SoftBank Eye Russian Retail Giant Ozon for Acquisition
Ozon is the only retailer that Amazon has shown consistency in its interest to participate in its life.
Ozon is the only retailer that Amazon has shown consistency in its interest to participate in its life.
The World Health Organization highlighted the progress of AstraZeneca seeking for the COVID-19 vaccine. UK-based company has moved to the human trial stage. Moderna is not far behind.
Due to the COVID-19 pandemic experts believe that Tesla Q2 results will be pure than in the first quarter. However, today TSLA stock is slightly up.
Facebook suffers from a massive boycott by large companies of its ad platforms. The reason for this boycott had to do with hate speech and misinformation currently on social media platforms.
Chesapeake Energy Corp announced that it had filed for bankruptcy citing growing debt and steeply dropping oil prices due to the rapid spread of the coronavirus pandemic.
The campaign is affecting Facebook stock. On Friday, it plunged by 8.32% and closed at $216.08. In early trading today, FB shares are further down. At the moment of writing, Facebook stock makes up $210.10 per share or 2.77% down.
Coffee retail giant Starbucks said that it will work with its media partners and civil rights organizations to stop the spread of hate speech.
Big brands from different sectors have asked Facebook to amp up its actions to fight against the rising misinformation and hate speech on its platform. The companies have blamed Facebook for failing to act in this direction.
Despite the shutdown of Tesla’s main vehicle production facility in Fremont for the majority of the second quarter, the company stands good chances of finishing the second quarter in impressive fashion.
Microsoft has confirmed it is going to close its physical stores permanently to boost its virtual shopping store for its customers. MSFT stock is down today.
In a statement on Friday, a spokesperson for UK FCA said that WCS has been suspended from all regulated financial activities.
The new F-150 truck in both pure diesel and hybrid versions can be considered to be another booster for Ford stock. F stock was up yesterday and is in the green today in the pre-market.
Lemonade, which filed to go public earlier in June, announced on Thursday a price range of $23 to $26 for its public offering. The updated regulatory filing could mean a significant valuation hit for the insurtech firm.
The number of COVID-19 cases is rising again, and the companies working on the vaccine will likely further benefit from a cash flow into them. Vaxart, Inovio Pharmaceuticals, and Sorrento Therapeutics stocks are good examples of this advantage.
Amazon.com Inc is finalizing its acquisition deal with robotic car company Zoox. The acquisition that is projected to be worth $1 billion is Amazon’s debut into car manufacturing. AMZN stock is up.