Various private-equity firms have shown a strong interest in Asda. The deal could value Asda at more than 7 billion pounds ($8.6 billion). But because of coronavirus, Walmart has paused the sale process.
According to Moderna Chairman Noubar Afeyan, the second phase of human trials of the COVID-19 vaccine might begin this spring. If the testing is successful, the 3rd phase will immediately begin. MRNA stock went up.
Amazon is at a critical time currently due to the coronavirus as it has hit some of the firm’s warehouse with staff testing positive. Amazon (AMZN) stock price is very unstable these days.
The Dow Jones dropped over 100 points on Thursday shortly after the start of today’s session as the Labor Department reported that initial jobless claims in the United States doubled to 6.6 million last week.
Zoom (ZM) stock is falling continually in the past several days after ‘Zoom Bombing’ hackers attacked its video conferencing service but investors are confident the stock will rise in the long-term.
Top five Dow Jones stocks in Q1 include Microsoft (MSFT), Walmart (WMT), followed by Intel (INTC), Johnson & Johnson (JNJ), and Procter & Gamble (PG).
According to Detroit Mayor Mike Duggan, Abbott Laboratories COVID-19 tests are already available for first responders who are self-isolating but have yet to test positive for the virus. ABT stock was down yesterday.
It will be quite challenging for Shorts created by YouTube to immediately become as popular as TikTok. However, it is possible with its great user base of over 2 billion monthly active users. Google (GOOGL) stock was down yesterday.
Tesla, whose manufacturing process is now at risk, will soon release its Q1 2020 report. Amid the predicted underperformance, Tesla (TSLA) stock is down. It closed at $481.56 yesterday.
Verizon stock is falling today despite the upgrade announcement by Goldman Sachs. Goldman Sachs added VZ stock to its ‘Conviction Buy’ list, explaining that the stock offers investors the most attractive combination of total returns and risks.
Macy’s has been removed from the benchmark S&P 500 stock index. Its market capitalization currently is a representative of small-cap space according to S&P Dow Jones Indices.
Zoom (ZM) stock price is down around 6% after several privacy issues are discovered. The video conferencing company has faced a lawsuit in California and an investigation by the New York Attorney General.
Marriott International (MAR) stock is falling as the company had been hit by its worst customer data breach.
Alphabet (GOOGL) stock price has been topsy-turvy. This, however, doesn’t change the company’s profit outlook as investors expect increased demand due to the COVID-19 situation.
The Xerox-HP takeover bid has been suspended due to the COVID-19 situation. Yesterday, Hewlett-Packard (HPQ) stock lost around 3% and today it is falling in the pre-market.