Per advertisement revenues, Snap is pointed as one of the potential beneficiaries of the boycott on the ads of Facebook.
In a letter to President Joe Biden, Amazon’s Worldwide Consumer CEO Dave Clark said that the government can leverage Amazon’s facilities and robust distribution channels for effective and faster distribution of the COVID-19 vaccine.
In 2021, United Airlines is going to focus on preparing for a recovery. It targets to fully get back to normal by 2023.
The vaccine from the duo of Pfizer-BioNTech as well as Moderna is expected to fetch the firms as much as $15 billion in sales by the year 2023.
General Motors will work with Microsoft to promote productivity. The partnership will also help to introduce new mobility services to General Motors’ customers.
Alibaba stocks also benefited from the company’s entertainment sector that saw a huge demand during the pandemic as more people stayed at home to prevent the spread of the virus.
Despite the recent controversial news related to the shares of SPCE, the entire outlook for the industry remains bullish for 2021.
With the existence of huge global demand for the vaccine, Moderna stock is expected to rally further in the coming quarters.
Zoom stock declined last December as a result of positive news on an effective coronavirus vaccine. What impact will further vaccine progress have?
The stock downgrade comes amid the unprecedented run-up over the last year as the COVID-19 pandemic fueled the fitness-from-home business. Peloton also faces a major challenge ahead of delivering fitness equipment to its customers.
The lawsuit charges Apple for negligence infliction of emotional distress and asks the court to order the company to remove Telegram from its App store.
The acquisition process began back in July 2019 when Cisco agreed to purchase the networking chips maker Acacia for about $2.6 billion.
Analysts remain bullish on SNAP stock and believe that the company will continue to pull in gains.
Bernstein analyst Zane Chrane believes that this bull run is related to the progress with the platform’s cloud-based phone service Zoom Phone.
Virgin Galactic is making bold moves in the space flight industry and could be a formidable player in the future, however, with the recent run-up of SPCE stock, one might consider waiting for better entry levels ahead.