Investors are expecting a massive capital inflow to Tesla shares over its entry to the S&P 500. Analysts say that even fund managers like Vanguard and Fidelity will be forced to seek exposure to the electric car company.
Starting from 2021, a new antitrust unit by the UK government will launch a code to curb Google and Facebook dominance in the market. Moreover, technology companies will be required to be more transparent with the services they offer.
BT Group (LON: BT.A), a British Telecom Company has been said to have 47.2% upside potential, and ABN Amro Bank NV (AMS: ABN), a Dutch bank has been said to have an upside potential of 50.6%.
On the 25th of November, Square’s Cash App announced a “definitive agreement” to buy Credit Karma’s tax unit for $50 million cash.
Markets remained under pressure on Wednesday after the freshly released data showed an unexpected jump in the jobless claims. The rising COVID-19 cases put a curtain on the future of the economic recovery with possible signs of a delayed comeback.
Besides the European Commission that just inked a deal with Moderna, the US ranks as one that has shown the highest commitment to both the vaccine development and its acquisition upon approval.
Ever since Tesla announced its entry to the S&P 500, there’s a flood of investors picking up TSLA stock. Tesla remains the most-traded stock on Wall Street with daily trading volumes clocking $26 billion over the last five trading sessions.
Any possible Slack acquisition by Salesforce will give it wings to compete with giants like Microsoft. The deal is like to happen next week as market analysts look up to it with excitement.
Speaking at a virtual conference on batteries hosted by the German government, Tesla CEO Elon Musk suggested that the company could launch a hatchback model for Europe.
For the past three months, HP reported revenue of $15.3 billion versus the expected $14.7 billion.
Nikola investors are looking forward to the partnership deal with General Motors as it may cause a positive reflection on the company’s shares.
The top tech companies are bullish in line with the new Dow Jones record-breaking milestone.
As Tesla records continuously increase, the net worth of the company’s CEO has been rising as well.
According to the Bloomberg Billionaires Index, Elon Musk’s net worth has gained over $100 billion since the beginning of the year.
Apple (AAPL) stock shows slight rebound in the pre-market after the tech giant extended the date for billing digital class holders making in-app purchases.