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.
As Morgan Stanley published its Q1 2020 earnings report, the MS stock price has started to fall. Despite short periods in the green during the session. now it is falling by around 0.50%.
Recently, Tesla got in hot water, as its founder Elon Musk seems to have misled shareholders. Regulators considered his tweet about going private an attempt to defraud shareholders and manipulate Tesla (TSLA) stock price.
Alphabet (GOOGL) stock plunged yesterday as the company decided to slow down hiring new employees for the rest of this year and reduce spending in such areas as data centers.
Apple (AAPL) stock price fell by almost 1% yesterday after the smartphone maker unveiled its new iPhone SE. Today in the pre-market, the stock is in the green.
The German government has decided to reopen the country after an entire month of lockdown in an effort to curb the spread of the new coronavirus pandemic.
According to Jim Cramer, Johnson & Johnson COVID-19 vaccine candidate will help the public overcome fears of going out and spending money on entertainment. Meanwhile, JNJ stock went 1% up yesterday.
Microsoft (MSFT) Stock Prices have risen by about 1%. Meanwhile, the U.S, DoD Inspector-General took a decision that Microsoft got the JEDI contract fairly.