The acquisition of divvyDOSE will help UnitedHealth Group to expand its footprint in the rapidly growing digital pharmacy and drug delivery market.
After the UK’s ban of Huawei equipment from its 5G network rollout, Nokia has replaced the Chinese firm on the BT 5G network project.
Virgin Galactic (SPCE) stock closed 24.83% higher on Monday and rose 1.56% in pre-market today.
Plug Power shares rose after Morgan Stanley gave the hydrogen fuel cell maker an upgrade from equal weight to overweight. Now, the investment bank’s price target for Plug shares has jumped from $10.25 to $14.
In the merger of the equals, Devon Energy and WPX Energy have joined hands to float a single entity valued at $12 billion approximately. The merger will be completed by the first quarter of 2021.
Amid the coronavirus pandemic, gold prices surged significantly this year. This precious metal can be a good choice during periods of instability.
Snap stock remains highly bolstered by the acquisitions that the parent company has been making in the past years.
Elon Musk says that Tesla will be much more valuable in years to come despite short term challenges.
Sources familiar with the matter said that Tesla is eyeing for a 10% stake in LG Energy Solutions, which will have a separate battery division LG Chem very soon. To cut costs, Tesla is keen on working with partners who have pioneered the battery tech, instead of going indigenously.
At the time of writing, as the market opened, Virgin Galactic (SPCE) shares are 19.26% up, trading at $19.60.
According to Elon Musk, within the next seven years, he expects Tesla to produce over 20 million new vehicles per year. As he said, five years would also be enough, but under the conditions given, reaching this figure is “possible, but unlikely.”
HSBC Hong Kong shares rallied as its largest single stakeholder Ping An bought 10.8 million shares, increasing its stake to 8%.
It’s a major victory for Uber since it gets an entry into one of its biggest markets in Europe. Uber has offered assurance that it has brought major structural changes in terms of passenger safety.
There’s a mad rush of both retail and institutional investors to get their hands on Big Hit Entertainment IPO which is said to be the largest IPO in South Korea for 2020.
The shares of Semiconductor Manufacturing International Corporation (SMIC) have sunk to its four-month low following reports on export restrictions from the United States.