Tesla (TSLA) stock has plunged as the company has announced a delivery delay caused by the fears related to the coronavirus epidemic.
Tesla has been affected by the pressure from the coronavirus outbreak in China, where it has decided to temporarily close all its stores. The move will delay unit delivery to customers who had ordered. TSLA stock price is falling.
China has announced that next week, it will cut tariffs on US goods by half. Stocks in China, as well as in other countries, have reacted positively to this statement.
Qualcomm (QCOM) stock positively reacted to the optimistic figures in the company’s Q1 earnings report. The net income in that fiscal quarter was $925 million.
Ferrari presented rather mixed Q4 results. It has negatively affected the price of RACE stock though it recently hit a 52-week high. Will the introduction of the first SUV boost the stock in 2021-2022?
ICE has offered to buy the American multinational e-commerce corporation eBay at a staggering price of $30 billion. However, there have been no formal talks between the two firms yet.
Dow Jones is in green as stocks were lifted amid the hopes that new treatments will soon be brought to fight against the Wuhan coronavirus which has stricken China and spread to other parts of the globe.
Ford has reported earnings for its 2019 fourth quarter. The figures reported by the automaker are much worse than both the company and Wall Street expected to see.
Chipotle’s quarterly earnings have emerged stronger than the expectations of many on Wall Street. Will the company be able to show excellent performance this year?
Elon Musk has unlocked a new earnings milestone for himself. Though TSLA price today is lower than yesterday, the stock continues its current and somewhat unprecedented surge.
Nvidia (NVDA) stock rose 2.8% to $247.04 after the company announced the full release of its GeForce Now game streaming service, which has been in beta for several years. Now GeForce will compete against other similar services like Google Stadia.
Tesla (TSLA) stock is in green. Moving higher, it is a real booster for the stock market. The Dow Jones Industrial Average, the S&P 500 and the Nasdaq have surged.
Visa has announced some updates for merchants. Transactions on e-commerce sites will have higher rates, while retailers in certain services categories, such as real estate and education, will see fees decline.
Amazon joined Microsoft, Apple, and Google (Alphabet Inc) to rank among the wealthiest companies in the U.S. with a market cap of over one trillion dollars on February 4, 2020. Now it is a new member of the elite $1 trillion club.
Snap’s revenue did not meet analysts’ expectations of $563 million which had a negative impact on SNAP stock price. However, the company managed to increase its daily active user base.