According to the Federal Reserve, Wells Fargo will take part in the recently released programs without having the balance sheet count against the $1.95 trillion cap the bank has.
Amazon (AMZN) stock price traded 8.44% higher today than four months ago. The company has seen a surge in its operation amid the coronavirus crisis, pushing the executives to implement more measures to protect employees from the coronavirus.
Federal Reserve will spend $2.3 trillion on loans for households, small and medium-sized businesses with up to 10,000 employees and less than $2.5 billion in revenues for 2019.
As the need for telemedicine options increase amid the coronavirus crisis, telehealth stocks are predicted to significantly benefit from the change.
Former Bakkt CEO and current Georgia Senate representative Kelly Loeffler, together with her husband, decided to liquidate all their shares to save her sinking re-election bid.
Ford (F) stock price rose 7% yesterday but is still the lowest since 2009. The entire automobile industry should expect a 50% plunge in car sales in Q2 2020.
Gilead Sciences (GILD) stock is on its way to a big jump with interesting returns for investors if all efforts, including drug trials, prove positive.
Johnson & Johnson (JNJ) stock rose by 4.20% on April 9 to hit $143.26. The rise coincided with the positive ratings by different analysts like Citigroup. They believe the stock may reach $163.
Facebook released a new app for couples to private message each other called Tuned. It allows couples to send messages, exchange music and create a digital scrapbook.
According to Airbnb, the funds it raised will be spent on its three major products: hosts, long-term stays and Airbnb experiences. It should help the company overcome the coronavirus crisis.
Tesla is implementing cost-cutting measures, including unpaid leave for its employees, barely a month after CEO Elon Musk said coronavirus threat is dumb.
Microsoft sees Zoom as a massive threat. Zoom is functional. But its security and privacy remain rather questionable. Microsoft can use such a situation in its own interests. Meanwhile, yesterday MSFT stock gained 1%.
Disney (DIS) stock price is increasing as the company has announced that the number of Disney+ subscribers is growing.
Investors cheer up as Tesla plans to restart its production starting next month. Currently, Tesla is using its gigafactory assembly in New York to make ventilators for the COVID-19 patients. TSLA stock is trading at around $550.
According to Gates, it might be the fall of 2021 when Americans can be completely safe from COVID-19. He believes developing countries will suffer more than others, as most of the deaths will come there.