There are some rumors about the interconnection of Bitcoin and the whole stock market. Find out three possible ways in which cryptocurrency can affect the global trade market.
About 11,100 Tesla employees were affected in two Fremont locations. 5,850 of them were production associate positions. 156 workers got under blow in Lathrop. TSLA stock is down now.
Cisco (CSCO) stock price fell slightly in the last trading session but is up now. This has happened after the networking giant reported its third-quarter earnings.
SmileDirectClub saw a 10% decline in its sales due to the COVID-19 pandemic effect. However, the unique aligner shipments for the first quarter of 2020 demonstrated a 12% jump against that of Q1 2019. SDC stock is down.
After tweeting that he will own no house on May 1, Elon Musk has now 5 other properties for sale worth more than $100M.
Among the top coronavirus vaccines are those developed by Moderna, Johnson & Johnson, Inovio Pharmaceuticals, Pfizer, Novavax, Sanofi and GSK, Oxford University and AstraZeneca. All of them are in different stages of development.
Amazon (AMZN) stock added around 0.47% yesterday. The company announced two Fire HD 8-inch tablets. The price starts at $89.99.
Tencent (TCEHY) stock is aiming to break above the 2018 and all-time high of around $58. The rise is bolstered by the strong balance sheet in the first three months of 2020.
Sony (SNE) stock is down nearly 5%. The company reported a 57% drop in fiscal fourth-quarter operating profit but claims PlayStation 5 is still on track for the 2020 holiday season.
Inovio (INO) stock was jumped 8% yesterday, is in the green now after the company released its fiscal Q1 earnings report, while it is working on a coronavirus vaccine.
Tesla (TSLA) stock price fell slightly yesterday as the automaker reopened its Fremont factory despite lockdown orders.
As Twitter has explained, its employees can work from home “forever” as remote working has proved to be efficient. Therefore, it’s up to the staff to decide how they will work after the pandemic ends.
Pfizer (PFE) stock lost 1.94% yesterday but is slightly up today in the pre-market. The company is anticipating to test a COVID-19 vaccine in thousands of people by September.
As per the industry report, Uber and Grubhub are reportedly in talks of possible takeover deal as Uber looks to expand its footprint in the U.S. food delivery market. This acquisition can possibly help Uber to win 55% of the market share.
Moderna (MRNA) stock has more than tripled in value since the beginning of the year but has lost 6.80% on Tuesday. Moderna CEO Stephane Bancel said no single manufacturer can make enough coronavirus vaccine doses for the planet.