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.
Tesla investors are beginning to short the company’s stock. As a result, the automaker is poised to hit the $20 billion short-interest threshold.
While some companies are setting records seeing their stocks high, Cisco (CSCO) stock is far away from its record levels. Is it a great time to buy CSCO shares?
Amazon.com (AMZN) stock closed yesterday at $3,182.63, which was a rise of 3.29%. According to experts, the shares could hit $3,500 by the next earnings season.
The Q3 performance report from Walgreens Boots released on Thursday shows the company suffered almost $2 billion impairment due to COVID-19. WBA stock price is down.
After the earlier release of the autopilot driver-assistance system, Tesla has announced plans to deliver its vehicles with autonomous driving technology. TSLA stock is up.
Gilead Sciences (GILD) stock is slightly down despite the progress that the company made in testing of its remdesivir drug that can be used as the coronavirus treatment.
In the past seven trading sessions, Tesla stock has jumped by 40%. Yesterday, Tesla stock closed at $1,365.88 per share, in the pre-market today, it is 1.66% up.
Nvidia now is the most valuable chipmaker in the U.S. Being boosted by the news, NVDA stock price is moving higher.
AAPL stock jumped to its all-time high yesterday and closed at $381.37, with a rise of 2.33%. Now Apple stock is 0.82% up in the pre-market.
The U.S. stock market has taken a new turn as Nasdaq has set a new record high. This increase is mainly due to a recent surge in Apple and Microsoft shares.
Bed Bath & Beyond said it plans to close about 200 Bed Bath & Beyond stores over the next two years to help save about $250 million to $350 million a year. BBBY stock price is down in the pre-market.
Goldman Sachs named a new price target for Tesla (TSLA) stock. However, it is lower than the current value of the stock.
Nikola (NKLA) stock soared 34% on Wednesday after JPMorgan turned bullish on the company, citing a more attractive valuation following the recent selloff.
As the clouds of COVID-19 concerns continue to hover over Wall Street, tech and software companies see a major surge due to larger demand and the changing economic dynamics. Dow Jones and other indices moved higher.
The positive performance of Tesla (TSLA) stock can be attributed to the operations of its Shanghai Giga factory. 14,954 Model 3 vehicles were manufactured and delivered in June.