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Big brands from different sectors have asked Facebook to amp up its actions to fight against the rising misinformation and hate speech on its platform. The companies have blamed Facebook for failing to act in this direction.
Despite the shutdown of Tesla’s main vehicle production facility in Fremont for the majority of the second quarter, the company stands good chances of finishing the second quarter in impressive fashion.
The number of COVID-19 cases is rising again, and the companies working on the vaccine will likely further benefit from a cash flow into them. Vaxart, Inovio Pharmaceuticals, and Sorrento Therapeutics stocks are good examples of this advantage.
The SEC has submitted a new filing to the court which asks Telegram to pay back $1.2 billion disgorgements to investors. Besides, it also states that Telegram will have to inform the SEC if it plans to pursue any such project in the future.
Rising COVID-19 cases spoil the show for the markets on Wednesday. The U.S. has reported the single biggest spike on June 24 beating all previous records and thereby putting the chances of economic recovery under pressure.
With the U.S. government showing the readiness to pump more stimulus in the economy, the investors are hopeful of faster recovery than expected. The latest data shows that the U.S. manufacturing contraction has slowed post the reopening of the economy in June.
A hopefully profitable move away from Intel, announced by Apple CEO Tim Cook, has pushed the company’s stock to a new all-time record high. Today in the pre-market, AAPL managed to hit $370.
On June 22, Dow climbed by 153 points, a 0.6% increase to the level of 26,024.96. In the pre-market today, Dow futures are 309 points up.
As per the latest development, PayPal is likely to offer crypto trading services through its Venmo subsidiary. This will give PayPal’s 300 million-plus customers a direct exposure to crypto assets.
There is a lot in new developments for the tech giant to be proud of. Let us take a look at the key announcements that Apple made during the WWDC 2020.
The missing €1.9 billion was meant to be held in accounts looked after by a trustee on behalf of Wirecard and payment-processing partners in some countries. Wirecard said the missing money may have never existed. Its stock is now seriously down again.
The Ethereum blockchain is looking forward to making major transitions with the Ethereum 2.0 rollout ahead this year. However, experts have pointed out some possible risks for users as well as Defi operators over the possible transition.
Tesla (TSLA) stock has difficulties in fixing its positions above $1,000. After hours it has gone below this milestone level again.
Tesla (TSLA) stock surpassed $1,000 recently bringing CEO Elon Musk closer to a hefty payout. Jefferies increased the price target for TSLA to $1,200.
A coalition of 40 blockchain-based companies including Ripple, Brave and Huobi joined forces to develop and expand PayID, an email-style money transfer system that will redefine the future of borderless and secure money transfer.