Despite the latest disruption in its supply chain and operations due to the coronavirus pandemic, Apple continues its investments in new-age start-ups and acquired AI start-up Voysis. AAPL stock is slightly down.
Tesla will cut pay for its employees and furlough hourly workers after health orders to curb COVID-19 have forced it to suspend new vehicle production. TSLA stock is in the green.
Twitter CEO is donating funds to fight coronavirus. According to Jack Dorsey, after coronavirus is over, the funds will be spent on health and education for girls and ‘universal basic income’ efforts.
Boeing (BA) stock price increased by 19% on Monday despite the fact that the company will pause operations at its facilities in South Carolina starting on Wednesday.
Despite serious market problems that stem from the coronavirus outbreak, Samsung predicts a good profit from its first-quarter figures.
Alphabet (GOOGL) stock gained 8.28% on Monday. Today it is 3.12% up in the pre-market. Does its current trading price show the actual value of its? Or is the stock undervalued now?
At the moment of writing, Visa stock is 3.69% up, $175.69 per share in the-premarket. Mastercard is also upgrading, making up $275.95 per share.
Apple (AAPL) stock rose by $21.06, or 8.72%, to clinch slightly above $262 on Monday. According to leaker Jon Prosser, Apple is set to release a new 13-inch MacBook Pro in May.
On Monday Microsoft stock experienced a 5% market rise. The global computer software firm is well-placed to outlive the coronavirus storm better than many other stocks.
Tesla (TSLA) caught an upgrade Monday morning that sent its stock up over 5%. Even though some analysts see opportunity in the stock, many questions remain about how the COVID-19 crisis will affect electric-vehicle demand.
Facebook (FB) stock price was rising today in the pre-market. The company now wants to become a serious rival for Zoom.
On Friday, Moderna (MRNA) stock rose by 4.94% breaking out the $32 resistance level. Clinching above $34 has helped Moderna CEO Stephane Bancel to join the list of billionaires.
A few stocks, including some of the ones below, are being classified as COVID-19 stocks because of their potential to rise even as the pandemic worsens.
Amazon could buy a company like Zoom or Slack and replace its Chime app. Such an acquisition may help Amazon immediately increase its user base and at the same time focus on infrastructure. AMZN stock is up in the pre-market.
Though it’s probably too early to speak about it, but the Disney takeover by Apple seems to be quite real these days. Disney (DIS) stock is rising in the pre-market today.