Amazon’s signature Prime Delivery and Grocery delivery services are facing delays due to overwhelming demand from customers on account of the COVID-19 outbreak. The logistical challenges are mounting for the company. AMZN stock is in red after hours.
The Tesla (TSLA) stock price has crashed 45% from its 2020-high in less than a month’s time. Morgan Stanley has reduced the target for the Tesla stock and global economic concerns weigh in.
Airlines are seeing a heavy reduction in the number of customers that patronize them, leading to a crash in their stocks.
As the whole markets come crashing down, Tesla stock price tanked 11.62% on Tuesday closing at $560 levels. With the Tesla production taking a massive hit, analysts are slashing the target for its stock price.
Boeing seems to be fragile at the moment, a great number of 737 Max orders are canceled. BA stock is falling.
Despite a fall of Tesla (TSLA) stock by 1.72% on Wednesday and by 7.88% in the premarket today, the company is now ranked highest-valued U.S. industrial company after overtaking Boeing.
The coronavirus is negatively influencing the markets. Though Apple (AAPL) stock was moving up yesterday, today it is falling again.
Tesla CEO Elon Musk announced that the company has plans to expand its production in the U.S. Cybertruck and Model Y factories are to be opened there.
While TSLA stock is quite unstable these days, Tesla has announced its new plans for its production activity in China.
Elon Musk has announced that Tesla has now produced 1 million vehicles. Tesla (TSLA) stock positively reacted to this announcement and jumped almost 10% in the premarket.
Call of Duty authors are launching a new battle royale game Warzone that will try to bite off a market share from Apex Legends, Fortnite, PlayerUnknown Battlegrounds, etc.
Last week major stock and cryptocurrency trading app Robinhood experienced a major outage. On March 9, it went offline again.
While Facebook (FB) stock is experiencing not the best times, the company takes contingent plans for the future by adding two female board members.
Virgin Galactic (SPCE) stock does not differ from other tech shares in yielding to the influence of negative events. It lost 10.29% on Monday. At the same time Musk worries that SpaceX won’t fo to Mars before he dies.
Tesla (TSLA) stock was fully in the red on Monday as a result of oil price disputes between Saudi Arabia and Russia. But it remains number one among the most shorted stocks on the market.