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.
Thousands of Amazon.com Inc. sellers who built their businesses using China’s cheap and efficient manufacturers are on the spot as the coronavirus shuts factories there. AMZN stock was down on Tuesday but seems to start growing in the pre-market.
Salesforce has acquired Vlocity, a provider of industry-specific cloud and mobile software built natively on the Salesforce platform, for approximately $1.33 billion. But Salesforce (CRM) stock is in red.
Virgin Galactic stock dropped over 7% in the pre-market after the venture published its Q4 2019 results. The company did not meet the Wall Street’s expectations.
The U.S. stock market is suffering from huge losses in its value due to coronavirus fears that have gripped investors.
It has become known that Bob Iger is leaving his position of the Disney CEO, the DIS stock has reacted negatively to the announcement and is falling in the pre-market.
Tesla (TSLA) shares are now trading at $782.42. The stock has gained 171% in the past 12 months, and the current downfall is quite painful for the company.
Tandem Diabetes Care Inc reported its financial year results and Q4 earnings. Although the company reported profits, TNDM stock went down as the sales continued to slag.
Moderna (MRNA) stock price is increasing after the news that the first coronavirus vaccine is ready to be tested on humans. Yesterday, the stock gained 20% and is still growing today.
Amazon stock crashed more than 4% yesterday, causing CEO and founder Jeff Bezos to lose nearly $5 billion of his personal wealth.
MoneyGram International Inc, which is one of the major Ripple’s partners, has revealed that it had a bad fourth quarter of 2019, especially if compared to results in Q4 2018. The stock is in red.
MasterCard Inc (MA) stock dropped after the reports about the potential influence of the coronavirus outbreak on the company’s revenue. The stock price in the pre-market is $320.85.
Virgin Galactic Holdings (NYSE: SPCE) stock manages to continue its rise while the majority of the stocks on the market are falling. Now in teh pre-market, it has gained around 8%.
Coronavirus is actively affecting the stock markets and Apple (AAPL) stock is not an exception. Yesterday, the stock lost around 4.8%. In teh pre-market, AAPL has started to gain.
As a result of coronavirus fears, Tesla (TSLA) stock is hit hard, while other companies are also suffering. Three major stock indexes have plunged.
As part of a massive market crash on Monday, Big Tech companies ended up losing billions-of-dollars of investors’ wealth. Apple is the most-affected Big Tech company from the Coronavirus outbreak as it largely depends on China for its manufacturing.