Nintendo Stock Plummets Following Impressive Earnings Report
Investors are bullish on Nintendo Stock following the gaming giant’s Q1 earnings reports with a 428% boost in revenue.
Wall Street
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GM Stock Up 1.10% as General Motors Introduced All-Electric Cadillac Lyriq
General Motors Co. (NYSE: GM) on Thursday unveiled its all-electric Cadillac Lyriq which is expected to be in the US showrooms by 2022. The company says the Cadillac Lyriq will compete with existing EV brands in the market.
Uber Stock Down 2.65% After Hours as Its Q2 Revenue Plunges 29% but Delivery Segment Rises
Uber reported Q2 results including revenue that managed to beat analysts’ expectations but declined by 29% to $2.18 billion from $3.17 billion during the same period last year. Uber stock is down after hours.
Jeff Bezos Sells 1 Million Amazon Shares Worth $3.1 Billion
By Tolu Ajiboye
Amazon presently has a market cap of $1.61 trillion. In the last 12 months, the company’s stock has over 74%.
Sea (SE) Stock Is Fastest Growing on Wall Street
By Tom Farren
Sea Ltd (SE) stock has become the fastest-growing high-cap investment on Wall Street after posting impressive 18 months gains of 880%.
Morgan Creek Co-Founder Says Bitcoin Will Hit $400,000 in Long-Term
By Daria Rud
According to Pompliano, Bitcoin already represents a digital version of gold. Comparing gold and Bitcoin markets, Pompliano noted that the later will eventually become a bigger one.
JNJ Stock Up 0.53% in Pre-market as U.S. Gives Johnson & Johnson $1B for Its Vaccine
The U.S. government has reached a deal with Johnson & Johnson to secure 100 million doses of its experimental coronavirus vaccine. JNJ stock is up.
MRNA Stock Down 3% on Wednesday, Moderna Q2 Revenue Rises amid Its Coronavirus Vaccine Development
Moderna said that it’s on track to finish enrollment for a phase 3 study of its vaccine by the end of September. The company reported a fivefold increase in its Q2 revenue to $66.4 million.
Sony (SNE) Stock Close to 19-Year High, PlayStation 5 Driving Bull Run
Yesterday Sony (SNE) stock closed with a 2.58% increase, at $83.37. However, today Sony stock is 2.42% down, trading at $81.36.
NVAX Stock Up 13%, Novavax Early Trial of COVID-19 Vaccine Shows Stellar Immune Response
Scientists have Novavax’s vaccine results to be impressive and exemplary. If the company gets more leads going ahead, it promises of producing 100 million doses by the start of 2021.
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