JD.com, another Chinese e-commerce firm after Alibaba and NetEase, has succeeded in its secondary listing in Hong Kong, surging over 3 percent on its debut.
Ernst and Young indicated that as much as €1.9 billion in cash is missing from the Wirecard’s balance sheet. Wirecard management is working with the auditor to clarify the situation.
The coronavirus pandemic is raging and there’s still no treatment or vaccine. Regardless, let’s look at the stocks of two major biotech companies: Gilead Sciences and Moderna.
Tesla is looking for alternative markets to cushion losses experienced in the sales in California in April and May. Despite this drop, TSLA stock managed to hit a new record high of $1,000 in June
These days there are a lot of talks about the necessity to support diversity in our society. Alphabet CEO Sundar Pichai announced sweeping changes in the company’s approach to diversity. GOOGL stock reacted with a slight growth.
Hertz’s plan to sell $500 million in shares was “promptly suspended pending further understanding of the nature and timing of the Staff’s [SEC’s] review”. Hertz (HTZ) stock is down in the pre-market.
Popular video telephony provider Zoom Video Communications bows to pressure and will enable users of all grades to access end-to-end encryption starting from July 2020. ZM stock is down.
The year-to-date growth of Teladoc stock has totaled 129.41%. Yesterday, it rose by 1.94% and closed at $192.06. In the pre-market, TDOC stock slightly declined to $191.00. Its market cap is $14.3 billion.
Royalty Pharma’s IPO has become the biggest this year. Moreover, it is the second-largest pharmaceutical public listing ever, just behind Zoetis Inc’s $2.2 billion IPO back in 2013. RPRX shares today were 12.75% up, trading at $49.61.
For months, Facebook has endured criticism for its policy that allows politicians to run political ads containing false information. Now the company will introduce a new option for users.
Apple (AAPL) stock is rising, currently trading at around $355. The next milestone projected by experts is $400.
The AMD Ryzen 9 3900XT, Ryzen 7 3800XT, and Ryzen 5 3600XT will be available starting from July 7. These processors come bearing faster clock speeds than their existing counterparts for the same price. AMD stock is up.
Driven by a future to see the dominance of electric vehicles, Tesla is forming an alliance with Glencore. Tesla will benefit by receiving cobalt for the use in Gigafactories for the production of Lithium-Ion batteries.
Amazon (AMZN) stock is in the green these days. Meanwhile, there are indications showing that the company’s media assets are more valuable than its cloud computing business.
Oracle (ORCL) stock is down after the enterprise-software giant posted revenue for the fiscal fourth quarter that fell short of both the company’s guidance and Wall Street estimates.