Facebook (FB) stock has managed to hit a new ATH despite the challenges related to the ad boycott from major advertisers in the framework of the “Stop Hate for Profit” campaign.
Microsoft has said it will not sell its face recognition technology to the police. This decision was followed by the MSFT stock performance on Thursday.
With major states in the U.S. lifting the lockdown, traders showed optimism over kickstarting the economy. So far, the market has ignored the civil unrest after riots broke out following George Floyd’s death. Analysts think that if this continues further, it can deter consumer confidence.
Bitcoin (BTC) has managed to go above $10,000 level. Meanwhile, riots across the U.S. are going on after the killing of George Floyd by Minneapolis police officers.