Since COVID-19 first broke out, Revolut has reportedly asked over 50 Poland and Portugal-based workers to quit. Meanwhile, the company revealed a new version of its app that is aimed at enhancing user experience.
Elon Musk believes it’s time to break up Amazon. In a series of tweets, he called the company a monopoly after it was revealed that his book about coronavirus doesn’t meet Amazon guidelines for sale.
AstraZeneca plans to deliver 1 billion doses of a COVID-19 vaccine to developing countries, 400 million doses can become available this year. Moreover, 400 million doses will be sent to the U.S. and the United Kingdom. AZN stock is up in the pre-market.
Tesla has major plans for expansion in China, Germany and the United Kingdom. Meanwhile TSLA stock is down today, trading at below $860.
If the talks between Amazon and Bharti Airtel are successful, Amazon will buy a 5 percent stake in this Indian telecommunications company.
The funds that Bill Gates-backed GAVI is going to raise are meant to assist failing healthcare systems in the world’s poorest countries.
Morgan Stanley expects that Apple (AAPL) stock price could climb to $340 being powered by strong App store sales results. Today AAPL is at $324.94.
According to SVB Leerink analyst Geoffrey Porges, remdesivir price is likely to be $5,000 per course in the US, $4,000 per course in Europe, and around $2,000 in other markets. Gilead Sciences (GILD) stock keeps rising.
ZoomInfo has repriced its IPO with a target to hit $890 million. This new projection is aimed at offering each share at $19 to $20 following boosted interests from investors.
Shares of Genius Brands continue rising ahead of the launch of its network brand “Kartoon Channel” later this month.
Hester Peirce, a U.S. SEC commissioner, has been nominated for a second term. She became a popular crypto advocate after her public objection of SEC’s disapproval of the Bitcoin exchange-traded fund application.
In April, the U.S. unemployment rate grew to 14.7%, the worst since the Great Depression. In May, the unemployment rate growth was not as high as analysts predicted, and it seems the worst is probably behind.
Playtika has hired banking giants like Morgan Stanley and others to underwrite the IPO. Sources said that Playtika is looking to going public later this year or early 2021.
After the industry data showing fewer job losses than expected, investor sentiment turns positive on account of reopening the economy after a long lockdown period. Some analyst think that the period of U.S. economic recession is over.
The acquisition talks between Western Union and Moneygram are going on. Here’s how Ripple Labs and XRP token can be affected by this deal.