On Friday, Apple shares closed 10.47% up, $425.04 per share. In the early trading today, Apple (AAPL) stock is 1.50% up, $431.42 per share.
Societe Generale (SocGen) reported a net loss of about 1.26 billion euros ($1.48 billion) for Q2 2020 after missing market expectations as it set aside more capital to mitigate COVID-19-related negative impacts on its business. GLE stock is down.
As Goldman Sachs analysts have explained, one of the main factors to foster gold price’s further rise is concern over the US dollar’s global standing as a reserve currency.
The lowering interest loans and rising bad loans in H1 2020 have impacted the bank’s profitability to a great extent. HSBC also faces major challenges for its global restructuring plans due to the rising geopolitical tensions between the U.S. and China.
Xpeng Motors is said to be going to raise over $300 million in new funding, ahead of its U.S. IPO listing.
Following a year-long partnership with Ripple, MoneyGram International Inc (NASDAQ: MGI) in its Q2 2020 report revealed that it got $15.1 million from the blockchain news.
While still being on the radar of U.S. lawmakers, the U.S. big 4 tech companies, including Apple, Amazon, Facebook and Alphabet, all posted impressive performance reports.
Pfizer (PFE) stock price was rising in the pre-market but is down now as the market opened.
The announcement of the four-for-one stock split from Apple came in its fiscal Q3 earnings report. AAPL stock is up in the pre-market.
Facebook Q2 2020 earnings beat expectations as the firm recorded significant growth in revenue, earnings per share and monthly users, among other metrics.
Ford (F) stock gained 2.82% in pre-market to trade around $6.93. This stock movement is attributed to better-than-anticipated Q2 earnings results.
According to the Q3 earnings report, Apple now has $193.817 billion cash on hand. AAPL stock is up after hours.
Alphabet Q2 results are in, revealing that the company has managed to beat Wall Street expectations and sending the stock up after hours.
Amazon reported a whopping 100% in its net income YoY and a 40% jump in its revenue. The company’s grocery sales tripled during Q2 2020 due to massive online shopping demands fuelled by the COVID-19-related government lockdowns.
Panasonic announces plans to boost the energy density of the battery cells it supplies to Tesla by 20 percent in five years. TSLA stock is 0.15% down to trade around $1,496 at the time of reporting.