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.
Yesterday’s 24.32% surge of Boeing (BA) stock is a credit of the company’s plan to restart its 737 Max production in May. As Boeing Chief Financial Officer Greg Smith admitted, the process will not be an easy one.
Apple (AAPL) stock dropped 0.55% to hit $245.52 yesterday. The drop is attributed to the report that highlights that the company is considering delaying iPhone 12 launch
Zoom Video Communications (ZM) shares fell 15% to hit $135.18 on March 25. Although having risen over 100% in the past year, the sudden fall is being attributed to President Trump calling on businesses to resume. Today, ZM stock is up again.
Tesla stock’s rebound makes us believe that Tesla shares are now a good investment. At the moment of writing, TSLA stock is trading at over $545.
Is Amazon (AMZN) stock still the king of the markets? Only time will tell us as the world goes topsy-turvy due to COVID-19.
Because of COVID-19, consumer demand for advertising (30% to 45% of Facebook’s total revenue) has fallen. Facebook (FB) stock has also suffered. Today, it has opened at $158.92.
While Apple stock has corrected nearly 32% in just the last month, analysts point out at its strong fundamentals and multiple revenue streams and say it is a good bet at the existing valuations.
Nike reported quarterly earnings that have topped analysts’ expectations boosted by the company’s digital business and its success in North America. Nike stock is over 10% up today.
Virgin Galactic Holding Inc (SPCE) shares rose by $3.35, approximately 25.83% yesterday. The rise is attributed to the positive rating by Morgan Stanley analyst Adam Jonas.
Bitcoin price is heading towards $6,800 levels, as the U.S. stock market awaits $2 trillion help from the government. The American economy is at the free fall, but the quick and efficient measures like the stimulus package and medical care are saving lives and stock markets.
After the FED, Treasury and key persons in the American government made a hefty of clean, effective moves, the stock market looks much better.
Microsoft (MSFT) is a promising stock to invest in now. Over the last four quarters, the company’s earnings growth has been impressive, ranging from 20% to 37%.
India is going on a nationwide quarantine. For at least the next 24 hours all Indians are discouraged to go to the streets. Also, the WHO thinks that the United States can become the next hot spot for coronavirus pandemic.
Disney (DIS) stock price has risen as the entertainment company has launched its streaming service in seven European countries. This has also excited investors at a time when confidence is low.
As soon as a coronavirus vaccine is approved, it’s going to be needed in vast quantity, and many of the organizations in the Covid-19 vaccine race simply don’t have the necessary production capacity. Moderna is one of the promising players,