May 6th, 2025
Coronavirus Updates - Page 18
3M Stock Down 2.99% as Trump Forbids Coronavirus Protection Gear Export
By Teuta Franjkovic
April 5th, 2020
President Donald Trump invoked the Defense Production Act to ban “unscrupulous actors and profiteers” from exporting critical medical gear used to protect wearers from the coronavirus. 3M stock price went down.
Bill Gates Is More Optimistic about Coronavirus Pandemic Than Donald Trump
By Teuta Franjkovic
April 5th, 2020
Microsoft co-founder and philanthropist Bill Gates, who warned five years ago that the world’s greatest threat is a pandemic, believes that the current coronavirus crisis is “a nightmare scenario” but it could be worse.
How Federal Reserve Prints Dollars and Throws Dust in Eyes of American Taxpayers
By Darya Rudz
April 5th, 2020
The article provides an explanation of how the U.S. Federal Reserve devalues dollars by printing them in huge amounts and saves corporations for the money of taxpayers.
Bank of America (BAC) Stock Price Down 3.23% as Its Small Business Loan Portal Opens
By Christopher Hamman
April 3rd, 2020
Bank of America (BAC) has opened its small business loan portal. This comes as its stock is down in the market due to the COVID-19 situation.
TSLA Stock Gains Over 8% as Tesla Reports Best Q1 Deliveries Despite Coronavirus Outbreak
By Teuta Franjkovic
April 3rd, 2020
Tesla reported much better Q1 deliveries than Wall Street could expect due to the risks associated with coronavirus. TSLA stock is up.
AAPL Stock Down 0.58% in Pre-Market as Apple Is Launching Its New Budget iPhone SE
By Christopher Hamman
April 3rd, 2020
Apple is set to introduce its newest budget iPhone SE. However, today in the pre-market, AAPL stock wasn’t rising as it could have been expected.
Walmart (WMT) Stock Rises More Than 3%, Sale of Majority Stake in UK Chain Asda Postponed
By Darya Rudz
April 3rd, 2020
Various private-equity firms have shown a strong interest in Asda. The deal could value Asda at more than 7 billion pounds ($8.6 billion). But because of coronavirus, Walmart has paused the sale process.
MRNA Stock 11.90% Up, Moderna Plans to Begin COVID-19 Vaccine Human Trials This Spring
By Darya Rudz
April 3rd, 2020
According to Moderna Chairman Noubar Afeyan, the second phase of human trials of the COVID-19 vaccine might begin this spring. If the testing is successful, the 3rd phase will immediately begin. MRNA stock went up.
New 6.6M Unemployment Claims in U.S., Wall Street Opened Mixed, Rose and Fell Again
By Teuta Franjkovic
April 2nd, 2020
The Dow Jones dropped over 100 points on Thursday shortly after the start of today’s session as the Labor Department reported that initial jobless claims in the United States doubled to 6.6 million last week.
U.S. Oil Jumps Over 20% on Possible End to Saudi Arabia-Russia Price War
By Steve Muchoki
April 2nd, 2020
U.S. oil prices jumped 10% to clinch above $22 per barrel on Thursday after President Donald Trump said the oil price tag war between Russia and Saudi Arabia may come to its end soon.
Bill Gates Claims Shutdown Anywhere Means Shutdown Everywhere
By Teuta Franjkovic
April 2nd, 2020
The Gates Foundation ponied up $100 million to assist in the battle against the spread of coronavirus in February after committing to $10 million in January when the outbreak started. Now Gates insists on the necessity of a nationwide shutdown.
Abbott Laboratories Stock Down 3%, Detroit to be First to Deploy Abbott Labs COVID-19 Tests
By Darya Rudz
April 2nd, 2020
According to Detroit Mayor Mike Duggan, Abbott Laboratories COVID-19 tests are already available for first responders who are self-isolating but have yet to test positive for the virus. ABT stock was down yesterday.
Bitcoin Price Enters Decoupling Phase Below $6,700, Experts Report
By Jeff Fawkes
April 2nd, 2020
Technical indicators claim Bitcoin price may move up, but the bears are still here. BTC price undergoes a sudden pump right after equity trades ending. Expert sets likely price range, which is within $5,150 and $7,200.
Dow and S&P 500 Have Worst Ever Quarter Start, U.S. Coronavirus Death Toll Surpasses 5,000
By Christopher Hamman
April 2nd, 2020
The COVID-19 pandemic is the main topic for discussion today. The markets have far not the best period. S&P 500 and Dow are losing their positions.
Estimated Russian Urals Oil Prices Turn Negative, Storage Capacities Are Full
By Bhushan Akolkar
April 2nd, 2020
With government institutions enforcing a shutdown due to the COVID-19 outbreak, the demand in the oil market has plunged to a record low. Countries like Saudi Arabia and Russia have ramped up production amidst weakening demand.