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.
The new coronavirus strain which originated in China has spurred a few related developments. Here are some updates we’ve compiled.
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.
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.
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.
Disney has revealed the first earnings report since the launch of its new streaming service Disney+. Disney CEO Bob Iger said the service has exceeded their greatest expectations. DIS stock price has increased.
Continuing its ascent, Tesla (TSLA) leaped more than 20% on Tuesday to over $940 and is up 45% over the first two days of trading this week.
BTC price has increased significantly over the last days. The current Bitcoin pump is expected to continue as fear and uncertainty are increasing while the number of confirmed coronavirus cases is growing.
Elon Musk’s Tesla has shut the critics with its overwhelming performance in Q4 2019. Tesla (TSLA) stock has stormed Wall Street with its price surging a whopping over 80% since the beginning of 2020.
On Monday, Alphabet reported its Q4 results. Though its profits managed to rise, some aspects of the company’s performance such as Google’s advertising business looked disappointing. GOOGL stock went down.
Bitcoin price consolidates gains between $9,200 and $9,600. Some experts believe that the next halving event that is around 98 days away would push it significantly higher.
As market trading resumed in China after the holidays, stocks crashed over 7% being influenced by the effects of the coronavirus fears. China has pumped over 1 trillion yuan in rescue.
The latest Bitcoin rally comes along with an increase in the price of gold which has climbed as investors fret over the spreading coronavirus. Some Bitcoin analysts have pointed to geopolitical uncertainty being the cause for Bitcoin’s latest move higher.