Spotify has announced its partnership with popular podcast personality Joe Rogan. SPOT stock jumped 8% yesterday and is 5% up today.
FAANG stocks have been defying the coronavirus market disruption as they continue to scale higher every day. The NYSE FANG+ Index is up around 21% since the beginning of the year.
Facebook (FB) stock price is rising as Mark Zuckerberg announced the introduction of Facebook Shops which is a shopping feature available for free to users of Facebook, Instagram and Whatsapp.
As Stat News has reported, it is too early to assess the COVID-19 vaccine offered by Moderna. Most of what Moderna disclosed “were words, not data”, while the critical information has been withheld. MRNA stock is down.
Microsoft has announced that it is now joining hands with OpenAI to create one of the fastest artificial-intelligence supercomputers on top of Azure’s infrastructure.
In February, Apple TV+ topped 10 million subscribers. Expanding content with Hollywood older shows and films, Apple TV+ will gain more traction. AAPL stock is rising in the pre-market.
Using Softomotive’s tools and integrating them with its PowerAutomate platform, Microsoft plans to up its game in the process-automation industry. MSFT stock was down on Tuesday.
Home Depot (HD) stock price fell as the company reported poor earnings due to extra costs related to the coronavirus pandemic. However, sales were stronger than expected.
U.S. airline stocks rose on Monday as the country tries to reopen the economy. The rise is a good sign of improvement and general market enthusiasm.
Tesla (TSLA) stock went down as it has become known that a full self-driving feature will add an extra $1,000 to the car prices. TSLA is 0.49% down.
SelectQuote is looking to raise about $342 million in an IPO that could value the owner of the insurance policy comparison website at more than $3 billion. The company will offer about 18 million shares at between $17 and $19 per share.
Coronavirus has significantly affected Walmart’s net sales and operating results, as the demand for many categories of products has been unprecedented, which led to strong figures. WMT stock is up.
Amazon (AMZN) stock is rising now. The company’s job openings rose in April while they fell at Alphabet, Facebook and Netflix, according to Citi.
On Monday, Moderna (MRNA) stock price jumped 20% after the company reported a positive date for its early-stage human trial for the COVID-19 vaccine – mRNA 1273. Now Moderna shares are around 3% down.
U.S. bank stocks are rising on the hope that the economy is slowly bouncing back after a lockdown due to the coronavirus pandemic.