Tesla (TSLA) stock jumped 5.5% in the pre-market. The company is diversifying its product range taking reservations for Cybertruck in the Chinese market.
Tesla and CureVac are currently working together to build portable RNA printers which would help in the creation of a coronavirus vaccine.
Voice, an EOS-backed social media platform, has been launched. The site will be decentralized and will incentive contributors to the platform. Beta tests are said to be completed by 15 August 2020.
Tesla’s Q2 results beat street estimates as the stock surged a whopping 8% in the last trading session climbing all the way above $1200 levels. Tesla’s recent price surge has made it the most valuable global automobile toppling Toyota.
Intel Corporation has joined Facebook in acquiring a stake in Jio Platforms, a move that will help the companies get a soft landing in India’s 5G market. Intel stock is up.
The expected starting price for Ford’s new model is somewhere around $30,000. But to make a reservation, $100 is enough. The sale will start no earlier than next spring. F stock is up.
Pinterest (PINS) stock closed yesterday at $23.28 after adding 5.05% and in the pre-market is 2.71% up. The spike was attributed to the news that Facebook wants to shut down its Hobbi app.
While Tesla has exceeded Toyota on market value, it is still falling behind the Japanese company by a wide margin on actual car production. Tesla stock closed at $1,119.63 on July 1. After-hours, it added another 1.55% to reach $1,137.00.
Following Tesla’s progressive growth, TSLA stock now has all chances of being included in S&P 500. This has become known from a leaked email.
Growing instant messaging and VoIP startup, Discord has secured a $100 million venture capital funding from Index Ventures. Now it is valued at $3.5 billion.
With more number of businesses leaning towards Apple products, JAMF saw its revenue jumped 37% from the previous year, it was $60.4 million during the first quarter of 2020.
With North, Google hopes to make a more prominent contribution to an AR space. Following the news, Google parent Alphabet’s stock closed with a 1.49% rise.
Boeing (NYSE: BA) stock surged by over 14% yesterday after FAA confirmed that it will conduct many flight maneuvers and emergency procedures on the ill-fated Boeing 737 MAX.
The U.S. stock market made positive moves after major correction last week. Airline stocks lead the way as the U.S. Federal Aviation Administration starts a three-day compliance test for Boeing’s 737 Max.
Companies are continuing to sign onto a Facebook advertising boycott. Ford and Adidas are among the latest. So far, none of the advertisers are in the top spenders on Facebook this year. FB stock is in the green.