This category covers crypto market news today, including crypto index trends, major exchange data, capital flows, sentiment shifts, regulation impact and crypto’s interaction with traditional finance. Designed to help you understand the forces driving valuation across tokens, sectors and regions.
Amazon presently has a market cap of $1.61 trillion. In the last 12 months, the company’s stock has over 74%.
Gaming giant Nintendo has reported a 428% increase in its Q1 profits. It joined other gaming firms that have managed to record gains despite the COVID-19 crisis.
Sea Ltd (SE) stock has become the fastest-growing high-cap investment on Wall Street after posting impressive 18 months gains of 880%.
Embattled German airline Deutsche Lufthansa AG reported a Q2 earnings loss of EUR 1.5 billion. LHA stock is up today.
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.
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.
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.
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.
Apple Inc (NASDAQ: AAPL) announced on Tuesday that its longtime marketing leader, Phil Schiller has stepped down and joined Apple Fellow. Schiller is being replaced by Greg Joswiak, a longtime leader within the Product Marketing organization.
Disney reported mixed earnings for its Q3 of 2020 while it continues to feel the impact of the coronavirus pandemic on sectors like its parks business. DIS stock is in the green.
Republicans have kicked against an extension of the U.S. $600 unemployment boost. They referred to it as “disincentive to work.”
AMZN stock performed dismally on Monday in comparison to its competitors but it is up today. Amazon is going to buy a stake in Deliveroo and is expanding to Sweden.
Nio stock price is rising. Deliveries in July have reached record highs. The Chinese company may become a serious competitor to Elon Musk’s Tesla.
Microsoft (MSFT) stock jumped 5.62% yesterday to close the day trading at $216.54, but the shares were over 1% down in the pre-market. Yesterday’s growth is attributed to a possible acquisition deal with TikTok.
Apple is close to a $2 trillion market cap, this surge is fueled by recent price jumps in AAPL stock based on its growth in revenue. Yesterday, the stock gained 2.5% but today in the pre-market it is down 0.14%.