Apple (AAPL) Stock Price Up 5% Yesterday, What Are the Reasons?
Apple (AAPL) stock is doing quite well these days. This comes as good news after the iPhone maker was taking one beating after another at the stock market.
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Technology news includes real-time updates on Blockchain, Fintech, Augmented Reality, Virtual reality, Artificial Intelligence, Machine learning, Cyber Security, electronic gadgets, etc. There’s no doubt that technology is driving the world towards a largely digitized space.
Social media, the internet, and blockchain have been a significant part of the tech world as tech giants look to make considerable investments in those innovations.
Blockchain technology is a public, digitized ledger for recording and verifying crypto transactions. Blockchain was built in such a way that transactions recorded on it cannot be changed or altered. Blockchain’s success story has paved the way for its adoption in other fields such as election, logistics, transportation, personal identification, etc. Several top companies now employ the use of blockchain for operational tasks in order to enhance their mode of operation.
Technology is employed in every field to enhance privacy, security as well as operation speed. Over the years, cyber-crime has continued to be a major thorn in tech’s flesh as hackers take advantage of vulnerabilities in tech products. Cyber security firms have been given the task of curbing cyber-crimes and pave the way for more investors.
Fintech simply means financial technology and it involves the application of technological tools and software into financial services and operations. Fintech has seen massive adoption in the past decade as several industries such as banking, education, fundraising, health, venture management, etc. continue to reckon its importance.
The top five tech companies around the world are Google, Apple, Facebook, Amazon, and Microsoft, etc. and they worth over four trillion dollars combined.
Stay tuned to get daily news on happenings and events in the technology world on Coinspeaker.
Apple (AAPL) stock is doing quite well these days. This comes as good news after the iPhone maker was taking one beating after another at the stock market.
The number of Tesla car registrations in China rose 450% in March to reach 12,709 units. Some analysts believe backsliding is unlikely to take place in the upcoming days. Now TSLA stock is rising.
NBCUniversal says that it plans to make the best use of the quarantine period by launching its Peacock streaming service. As a result, NBCUniversal is now gearing up to prepare the launch and tap more customers at the right time.
Tesla (TSLA) stock is in the green while a number of fundamental factors might be affecting its rise, including the expansion of the industry in Shanghai.
Apple’s new iPhone 12 will have features similar to the latest iPad, although the launch may be delayed due to the ongoing coronavirus. Apple has designed a smaller HomePod, and also is going to launch location tags to help real-world objects tracking.
Tesla Model 3 cabin camera use has finally been confirmed by Elon Musk. It brings further functionality to Model 3 which is one of the most successful electric vehicle models ever. Meanwhile, TSLA stock is up in the pre-market.
Apple shares started this year at a $300 mark and went up. In February, Apple (AAPL) stock saw an all-time high closing price of $327.20. But in March, sales of iPhones dropped as much as 56%, reaching the lowest mark of $224.37 on March 23.
Tesla started to furlough its sales and delivery workforce. It happened a few days after the company announced salary cuts and reductions due to the COVID-19 pandemic.
The two tech giants said that they will use a Bluetooth-based technology to accurately detect and inform people who have been in close proximity with COVID-19 patients. Apple and Google plan to work in coordination with health officials and government bodies.
Salesforce continues to expand its offerings and to add more features, such as Lition’s blockchain, to its CRM platform.
Huawei has made coronavirus donations to France, Canada, and other countries. Canadian Prime Minister Justin Trudeau has said that the donations won’t affect decisions on 5G.
America’s electric-car automobile giant Tesla manages to beat the market meltdown making higher sales in March in comparison to February. The company is also preparing itself for any economic downturn ahead.
Ford (F) stock price rose 7% yesterday but is still the lowest since 2009. The entire automobile industry should expect a 50% plunge in car sales in Q2 2020.
Facebook released a new app for couples to private message each other called Tuned. It allows couples to send messages, exchange music and create a digital scrapbook.
Microsoft sees Zoom as a massive threat. Zoom is functional. But its security and privacy remain rather questionable. Microsoft can use such a situation in its own interests. Meanwhile, yesterday MSFT stock gained 1%.