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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.
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.
Moderna inked a $1.525 billion deal with the U.S. government for the supply of 100 million doses of its promising mRNA-1273 vaccine. MRNA stock is up in the pre-market.
Berkshire Hataway to writedown a whopping $9.8 billion as losses from its aircraft industrial manufacturing company Precision Castparts. However, its biggest common stock holding in Apple Inc has helped the company register an 87% jump in net revenues during Q2 2020.
Samsung announced its new gadgets. In the list, there are phones, a new smartwatch, two tablets that are similar in size to Apple’s newly refreshed iPad Pros and new noise-canceling earbuds that will compete with Apple’s AirPods Pro at a lower price.
If the deal goes through, Microsoft would have one year to transfer TikTok’s 15 million code lines to the U.S.
The U.S. government has reached a deal with Johnson & Johnson to secure 100 million doses of its experimental coronavirus vaccine. JNJ stock is up.
Scientists have Novavax’s vaccine results to be impressive and exemplary. If the company gets more leads going ahead, it promises of producing 100 million doses by the start of 2021.
Medalla is the first public testnet for Ethereum 2.0 where validators can participate with any central governance by the developers. This is a closer glimpse to how Ethereum 2.0 will work with multiple clients.