Binance CEO Changpeng Zhao hit IPOs and venture capital financing. But he was quite optimistic about the evolution of blockchain technology.
Inovio Pharmaceuticals received $6.9 million to work with the International Vaccine Institute (IVI) and the Korea National Institute of Health (KNIH) and start Phase 1/2 clinical testing of its INO-4800 vaccine. Following the news, INO stock is up.
Alibaba is set to invest about 200 billion yuan ($28.2 billion) in its cloud services within the next three years. BABA stock is slightly up today in the pre-market.
On April 29, Tesla will release the first-quarter 2020 earnings. Analysts have already made their predictions, and now we have to wait to see whether Tesla has beat their expectations or not. Today TSLA stock is down in the pre-market.
After Moderna announced it received $483 million in federal funding to speed up the development of the coronavirus vaccine, MRNA stock hiked 15%.
Tesla (TSLA) stock price has risen in the last trading session. This comes as the sales report indicates a rise in sales despite the COVID-19 situation. China seems to hold the key.
Researchers from the University of Chicago Medicine have given a potential breakthrough showing fast recovery for 125 COVID-19 patients by using the Remdesivir drug from Gilead Sciences. GILD stock is 10% up.
The luckiest company today is Gilead Sciences. After its announcement about the successful coronavirus treatment the company has found, its stock started growing. Right now, Gilead Sciences (GILD) stock is trading at $82.115, or 7.28% up.
Stripe raised another $600 million in a funding round. The company plans to continue investing in product development and further expansion.
General Electric (GE) and Ford (F) stocks jumped by over 5.50% on Friday, as companies signed a $336 million federal contract to make ventilators urgently needed for coronavirus patients.
Gilead Sciences (GILD) stock is climbing on news of that its coronavirus Remdesivir proved to be efficient even in severe cases. The stock could rise much further as trials continue.
Microsoft (MSFT) rose by 3.0% on April 16 as the company lands a deal with the NBA to tap on the Azure public cloud and to use its Surface device.
Facebook (FB) stock is on the rise for the past few weeks, Zuckerberg decided to cancel events involving more than 50 people and to allow employees to work from home through summer.
$160.1 million of the $503.7 million raised during the first quarter of 2020 is the inflow from new investors. According to Grayscale, the source of 88% of the funds came from hedge funds and other institutional investments.
Amazon CEO Jeff Bezos says the company is developing COVID-19 testing capabilities to keep a record of all its employees globally. Amazon (AMZN) stock price is rising over 3% today.