
Apple and Airlines Stocks Pushes S&P 500 and Nasdaq Composite to New Highs
Apple shares took the lead to open the week ahead of other top tech stocks. Airlines and cruise stocks rose as well.
Apple shares took the lead to open the week ahead of other top tech stocks. Airlines and cruise stocks rose as well.
The rapid growth of TSLA shares has led to an increase in the Tesla value that currently makes up $382.04 billion. Now both analysts and investors believe the best days for Tesla are still ahead.
TikTok has decided to file a lawsuit against the Trump administration challenging the executive order banning TikTok’s U.S. transactions. TikTok blames the Trump government for lack of due process and unwillingness to engage in a constructive solution.
This will be the largest ever test so far on the coronavirus vaccine by any pharmaceutical giant. “We are using epidemiology and modeling data to predict and plan where our studies should take place and expect that to be finalized soon,” said Johnson & Johnson.
Bitcoin and Libra may compete favourably in the global financial clime as several central banks plan to release their digital currencies.
The Cupertino-based tech giant added valuations surged 100% in two years after it first hit the $1 trillion milestone in 2018. Apple is like to have its 4:1 AAPL stock split by the end of August.
The funding comes at a time when SpaceX focuses on building out its Starlink satellite constellation to offer broadband internet commercially by the end of 2020.
Wall Street’s most-followed index S&P 500 continues its fourth straight week of rally hitting new record highs on Tuesday. While the stock market surges, analysts remain divided over signs of economic improvement.
After Trump’s executive order directing TikTok parent company ByteDance to sell its U.S. business in 90 days, Microsoft and Oracle are said to be competing to purchase the Chinese video-sharing app.
The U.S. stock market looks quite optimistic these days. The S&P 500 index bounce is fueled by individual stock performance.
Dan Ives from Wedbush raised his price target for Tesla to $1,900 from $1,800. Today TSLA stock is in the green today.
Goldman Sachs strategists have set a new price target for the S&P 500. Up by 20% from its earlier target, the revised target is pegged at 3,600.
Sanofi will acquire all of the outstanding shares of Principia biopharma for $100 per share in cash, a price that represents an aggregate equity value of approximately $3.68 billion on a completely diluted basis.
With Donald Trump’s executive order to ban WeChat, smartphone giant Apple needs to make a decision whether or not to ban WeChat from its global App Store. This could also possibly have a big impact on Apple’s business ambitions in China.
The United Kingdom has witnessed one of its worst GDP contraction during Q2 2020 owing to lockdowns initiated by the government after the outbreak of the coronavirus pandemic. Job losses are on a steep rise as the U.K. economy shows little of recovery in the near term.