On Friday, Johnson & Johnson (JNJ) stock closed 0.75% up at $148.70. In the pre-market today, JNJ shares are up another 0.20% up, trading at $149.00.
After closing last week at $819.42, Tesla (TSLA) stock is now down 3% to trade at around $792. The company highlighted its plan to bring employees safely to work, amid the coronavirus crisis.
Oil demand has plummeted by about 30% this year. According to Goldman Sachs analysts, it may stay weak in 2021 as well, especially if the second coronavirus wave takes place.
Elon Musk has always had a very negative opinion about the coronavirus-related shutdown orders. Now he wants to relocate Tesla operations from California to other states. Meanwhile, TSLA stock went up on Friday.
Walt Disney (DIS) stock is reacting to the company’s plans to open its Shanghai park. Now the stock is trading around 2% up from teh previous close.
It has become known that the supply of Moderna’s coronavirus vaccine will be limited and the U.S. government will help to choose who will be the first to get it. Meanwhile, today Moderna (MRNA) stock is around 10% up.
Schwab Stock Slices will be available starting June 9 in retail Schwab brokerage, custodial, and individual retirement accounts (IRAs). Its users will be able to trade shares any S&P 500 company, including Apple, Amazon, Netflix, in real-time throughout the trading day using market orders.
Tesla (TSLA) stock prices dropped at the end of the trading day yesterday after Elon Musk indicated that the production of the Roadster sportscar will be delayed.
Uber reported one of its worst quarterly performances during Q1 2020 registering a net loss of $2.9 billion. With its business going on a tailspin due to the global lockdown, the company plans to trim 17% of its workforce this year. Uber stock price is going up.
Zoom has announced an acquisition of Keybase. In the nearest future, Zoom is planning to provide an end-to-end encrypted meeting mode to all paid accounts. Keybase, for its part, will offer its help to Zoom to develop new capabilities for its platform. ZM stock is rising.
Phase 2 trial of Moderna’s coronavirus vaccine will shortly begin and enroll 600 participants. The company is also planning to begin phase 3 trial as early as this summer. MRNA stock is 10% up now.
Tesla (TSLA) stock price rose yesterday as reports emerged that Elon Musk plans to reopen its Fremont California factory this week. However, today TSLA stock is slightly down.
Paypal (PYPL) stock price is rising today. Now the stock is over 12% up. The rise is attributed to the first quarter 2020 results released yesterday.
Gilead (GILD) stock price is rising slightly after the Japanese government indicated that it could grant approval to its remdesivir drug to be used in the fight with COVID-19.
Amazon (AMZN) stock closed yesterday with $33.46 on top to trade at $2351.26. Does Jeff Bezos want to turn Amazon into a delivery machine that competes with FedEx and UPS?