U.S. airline stocks rose on Monday as the country tries to reopen the economy. The rise is a good sign of improvement and general market enthusiasm.
Tesla (TSLA) stock went down as it has become known that a full self-driving feature will add an extra $1,000 to the car prices. TSLA is 0.49% down.
SelectQuote is looking to raise about $342 million in an IPO that could value the owner of the insurance policy comparison website at more than $3 billion. The company will offer about 18 million shares at between $17 and $19 per share.
Coronavirus has significantly affected Walmart’s net sales and operating results, as the demand for many categories of products has been unprecedented, which led to strong figures. WMT stock is up.
Amazon (AMZN) stock is rising now. The company’s job openings rose in April while they fell at Alphabet, Facebook and Netflix, according to Citi.
On Monday, Moderna (MRNA) stock price jumped 20% after the company reported a positive date for its early-stage human trial for the COVID-19 vaccine – mRNA 1273. Now Moderna shares are around 3% down.
U.S. bank stocks are rising on the hope that the economy is slowly bouncing back after a lockdown due to the coronavirus pandemic.
Bitcoin price rose more than 36% since the year’s beginning while the shares of banking giants have experienced huge fallings.
The potential buyer of SoftBank’s stake in T-Mobile is Deutsche Telekom AG that already has voting control of T-Mobile and is likely to buy the shares at a small discount.
Disney has announced that its Springs Resort in Florida will be partially reopened on Wednesday. As a result, DIS stock price increased by 7%.
Uber stock price rose yesterday but is slightly down in the pre-market after the rideshare company decided to shut down operations in 45 offices and cut 3,000 jobs.
The future for Zoom and airlines will be unknown as the economy can change in any direction. Today Zoom market cap is close to the market cap of 7 biggest airlines taken together.
After the recent halving, Bitcoin is trading under $10,000. Meanwhile, gold has managed to hit new highs.
Moderna said its experimental coronavirus vaccine demonstrated immune responses in some of the healthy volunteers who were vaccinated in a clinical study. MRNA stock is up.
Ford (F) stock price has risen by 6% today as automakers in the U.S. have started to resume operations after the coronavirus lockdown. It seems that the economy has come one step closer to the recovery.