Tesla stock jump is being attributed to the fact that one of its biggest rivals, Nikola is facing fraud charges with the SEC.
As FedEx has said, its good performance resulted from strong demand in its services, volume growth in its international priority, and U.S. domestic residential package services.
Sony stock has received an average of a ‘buy’ rating from 25 credible analysts. This is a strong indicator that the shares are experiencing a buy pressure and likely to hit its ATH set in mid-march of 2000.
Despite the decline in the world’s economy, FANGMAN stocks continue to increase. The collective market value of these seven firms has reached $7.3 trillion.
With Tesla (TSLA) stock price jumping by 12.58% on Monday, the shares are still 16.5% below the September 1 record high.
As of midnight Eastern, Dow Jones Industrial Average futures were up around 300 points, or 1%, while S&P 500 futures jumped 1.2% and Nasdaq-100 futures gained 1.5%.
It is a strategic partnership that will see both Merck and Seattle Genetics venture new market opportunities as the market demand for specialized and less harmful drugs sharply increases amid the crisis.
Stock markets are rallying as AstraZeneca resumes work after a short break in its clinical trials of the COVID-19 vaccine.
Since the Gilead acquisition announcement was published, investors have gone extremely bullish on the shares of Immunomedics.
Apple investors and fans finally get a chance to experience Apple One bundled subscription products and AAPL stock is likely to skyrocket further.
In partnership with U.K.’s Oxford University, AstraZeneca said that it will resume the phase three clinical trial for its COVID-19 vaccine contender AZD1222 since it got an approval from UK’s Medicines Health Regulatory Authority.
After closing yesterday trading at $268.09, approximately 2.06% down, Facebook (FB) stock has dropped over 5% since the beginning of the week. The company has gone to the Ireland High Court to appeal a move to curb EU-US data transfer.
The shares price of Tesla (TSLA) has been fluctuating since the stock split. However, today in the pre-market the stock is up amid the news from Tesla Shanghai Gigafactory.
After the news that Disney is going to re-open its hotels, the DIS stock price has started to increase in the pre-market.
The mega-cap stocks in the tech sector continue with another round of correction after a momentary pause on Wednesday. Investors have started fearing the possibilities of the next big tech bubble while analysts say that this is momentary turbulence with little signs of a deeper slide.