May 3rd, 2025
Coronavirus Updates - Page 17
Twitter CEO Decides to Donate $1 Billion of Square Equity to Fight Coronavirus
By Darya Rudz
April 8th, 2020
Twitter CEO is donating funds to fight coronavirus. According to Jack Dorsey, after coronavirus is over, the funds will be spent on health and education for girls and ‘universal basic income’ efforts.
U.S. Cuts Down Its 2020 Oil-Output Forecasts Just Ahead of OPEC+ Meeting
By Bhushan Akolkar
April 8th, 2020
The war for the oil market share between Russia and Saudi Arabia has forced the U.S. oil producers to severely cut their budgets and production outputs. The U.S. could possibly be a net importer of oil by the Q3 2020.
Samsung Q1 Profit Prediction Beats Market Estimate amid Coronavirus Pandemic
By Tolu Ajiboye
April 7th, 2020
Despite serious market problems that stem from the coronavirus outbreak, Samsung predicts a good profit from its first-quarter figures.
British PM Boris Johnson Moved to Intensive Care Unit Due to Worsening COVID-19 Symptoms
By Bhushan Akolkar
April 7th, 2020
The British PM was moved to ICU at the St. Thomas’ Hospital on Monday evening over his worsening COVID-19 symptoms. The British government has announced that Foreign Secretary Dominic Raab will take the PM’s duties for the current moment.
Visa and Mastercard Stocks Rose 12% on Monday, Both Up in Pre-Market
By Darya Rudz
April 7th, 2020
At the moment of writing, Visa stock is 3.69% up, $175.69 per share in the-premarket. Mastercard is also upgrading, making up $275.95 per share.
What Companies Hire Remote Workers as Fed Estimates Coronavirus Job Losses to Hit 47M
By Darya Rudz
April 7th, 2020
While many businesses are laying off their stuff, there are companies willing to bring on new full-time and part-time remote employees. The article enlists those firms and reveals the remote positions available.
What Options There are For You if You Have 401(K) Loan and Lose Jobs amid Coronavirus Crisis
By Steve Muchoki
April 7th, 2020
If you are among the 13% of 401(K) savers with an outstanding loan, it is expected you will either have to pay it quickly, or the loan gets deducted from your outstanding account balance
Microsoft (MSFT) Stock Is Up 5.31% Now, Is It True Winner on the Market?
By Andy Watson
April 6th, 2020
On Monday Microsoft stock experienced a 5% market rise. The global computer software firm is well-placed to outlive the coronavirus storm better than many other stocks.
Moderna (MRNA) Stock Rose 4.94% on Friday, Moderna CEO Stephane Bancel Becomes Billionaire
By Steve Muchoki
April 6th, 2020
On Friday, Moderna (MRNA) stock rose by 4.94% breaking out the $32 resistance level. Clinching above $34 has helped Moderna CEO Stephane Bancel to join the list of billionaires.
5 Coronavirus Stocks to Look Out For as COVID-19 Spread Continues
By Tolu Ajiboye
April 6th, 2020
A few stocks, including some of the ones below, are being classified as COVID-19 stocks because of their potential to rise even as the pandemic worsens.
AMZN Stock Gains 3% in Pre-Market, Amazon May Buy Zoom-like Company to Replace Chime App
By Darya Rudz
April 6th, 2020
Amazon could buy a company like Zoom or Slack and replace its Chime app. Such an acquisition may help Amazon immediately increase its user base and at the same time focus on infrastructure. AMZN stock is up in the pre-market.
Apple (AAPL) Stock Up Over 4% in Pre-Market, Company Is Now Producing Face Masks
By Darya Rudz
April 6th, 2020
Today’s pre-market rise of Apple (AAPL) stock follows its CEO’s announcement about designing and producing face shields for medical workers. The company is already in the process of donating over 20 million masks to healthcare professionals.
Deal between Russia and Saudi Arabia Is Very Close, Oil Prices Are Likely to Stabilize
By Steve Muchoki
April 6th, 2020
Oil prices are likely to stabilize globally very soon, as Russia and Saudi Arabia are getting very close to finalizing an oil production cut deal. It was confirmed by the CEO of the Russian Direct Investment Fund Kirill Dmitriev.
British PM Boris Johnson Admitted to Hospital for Coronavirus Tests, UK’s Economy in Doldrums
By Bhushan Akolkar
April 6th, 2020
The United Kingdom is grappling through a ton of issues at this moment. On one hand, it is battling the COVID-19 outbreak which has now hit the country’s PM Boris Johnson. On the other hand, the country’s economic situation is getting from bad to worse.
Oil Prices Can Crater as Saudi-Russia Tensions Flare Up, OPEC Meeting Delayed
By Bhushan Akolkar
April 6th, 2020
Tensions flare up between oil giants Russia and Saudi as the OPEC meeting scheduled today has been postponed to Thursday this week. The U.S. President Donald Trump has personally intervened in this matter, however, there doesn’t seem a concrete outcome at this stage.