
V Stock Falls 1.65%, Visa Net Revenue Down 17% in Q3 2020, Earnings Top Expectations
Visa reported Q3 earnings and revenue that fell sharply as the coronavirus pandemic led to a global recession, plunging consumer spending. V stock is down.
Visa reported Q3 earnings and revenue that fell sharply as the coronavirus pandemic led to a global recession, plunging consumer spending. V stock is down.
Amgen reported Q2 earnings that beat Wall Street estimates, but AMGN stock fell over 1% in after-hours trading. The company reported non-GAAP earnings per share of $4.25 for the second quarter.
For the first time in the history of Ethereum, its futures contract has generated unprecedented interest as it has eclipsed $1 billion. This indicates that the biggest altcoin enjoys greater adoption, sending signals that speculators are backing Ethereum.
With blockchain solutions gaining a global traction, Israel’s Tel Aviv Stock Exchange (TASE) has launched a blockchain platform that will enhance peer-to-peer Securities Lending.
A1 recently announced that users of its cashless payment app can now conduct crypto payments which retailers will receive in fiat.
With sharp bullish trends for BTC in recent days, Bitcoin’s relevance in the investment world keeps gaining investors’ attention.
To build the undersea cable, Google signed a deal with SubCom, the New Jersey-based subsea cable provider. The project will be completed in 2022. GOOGL stock gained 1.4% yesterday.
Today in the morning, Pfizer has published its Q2 earnings results. Revenues of $11.8 billion reflect a 9% operational decline.
Moderna has got nearly $1 billion in support from the U.S. government so far to support the development of the COVID-19 vaccine. The biotech firm is conducting its last-stage trials. MRNA stock is up.
There is a number of factors that will affect the COVID-19 vaccine price. They include technology, single or a double vaccine dose, as well as what yields from manufacturing facilities might be.
Stocks showed impressive rally on Monday with Amazon (AMZN) and Apple (AAPL) leading tech stocks amidst expectations of the new stimulus package from the government.
Amidst the ongoing economic and healthcare crisis, the Republican Party in the U.S. has unveiled the second round of stimulus package plan. The government is willing to pass the legislation by July 31 and has sought support from the Democratic Party for proceeding ahead.
As Tesla announced gains in its second-quarter earnings report, the EV company also hopes to add two new models after the Cybertruck. TSLA stock is up today.
LVMH CEO and Chairman Bernard Arnault says that the company showed exceptional resilience to the serious crisis the world suffered in the first half of 2020.
Store closures, product shortages and lower retail inventory hampered Hasbro in Q2. After the company published a disappointing earnings report, HAS stock started falling.