Apple (AAPL) stock is trading at around $344 today. The company is preparing to announce a shift to its own main processors in Mac computers during its annual Worldwide Developers Conference.
Tiffany CEO stated that the company is certain that a recovery is imminent even though each of its shares lost 53 cents in Q1. TIF stock is 2% up today.
Ron Baron’s statement came on “Squawk Box” after Tesla (TSLA) stock hit a new record at close on Monday. Currently, his company owns 814,595 SpaceX shares and 1.6 million Tesla shares.
Moderna (MRNA) stock is trading at around $58.48 now, while the shares closed yesterday at $59.10. As the COVID-19 pandemic is still a threat for us, Moderna’s mRNA-1273 makes the company popular among investors.
Top Tesla investor Baillie Gifford invested $35 million in Lilium, a German start-up that is working on the development of flying taxis.
Calling Amazon the “structural winner” and the “best global play” coming from the COVID-19 pandemic, RBC’s Mark Mahaney raised his price target for AMZN stock from $2,700 to $3,300.
Hertz Global Holdings experienced more than 700% in its HTZ stock value in 4 days with a 24-hour rise of 112%. This growth comes days after the North American car rental service filed for bankruptcy.
Nasdaq Composite became the first of the big three indexes to bounce back to a record high. On Monday, it rose to 9,924.75, closing at the highest since February 19 when it ended at 9,817.18.
Retailer Michaels (MIK) experienced an almost 60% rise in its stock value following an upgrade by JPMorgan. This new positive outlook is impressive as the firm looks to bounce back from months of losses.
In May 2020, Tesla’s sales in China jumped back to over 11,000 Model 3 cars which made TSLA stock price skyrocket. Analysts are hopeful and optimistic that Tesla will show a strong performance in the Chinese market over the next 12 months.
Amazon could launch a new product. It’s an AI-driven virtual shopping service built upon a different algorithm giving customers new opportunities in purchasing things. Meanwhile, AMZN stock is in the green.
Blockfyre co-founder Simon Dedic predicts that Bitcoin (BTC) prices will hit $150,000. However, he doesn’t think that this rise will be like the one we observed in 2017.
General Electric (GE) stock is now slowly on the rise as its healthcare arm has started to recover following some stabilization of the COVID-19 situation in the world.
Year-to-date Microsoft (MSFT) stock gained around 16.5%. MSFT is trading now at around $184.88 (-1.24%). The market cap is $1.40 trillion.
After closing on Friday with a profit of 11.72%, Ford stock is up 4% now. The rally is attributed to the launch of four key vehicle models: 202 F-150, Mustang Mach-E, Bronco Sport SUVs and Bronco.