Markets

TRON flashes mid-term bullish following the recent increase in Bitcoin’s price.TRX price could surge in the coming days due to the latest increase in buying volume.TRX/USD: Tron Eyes $0.015 ResistanceKey Resistance Levels: $0.014, $0.015Key Support Levels: $0.012, $0.0106TRX/USD. Source: TradingViewThe latest increase in Bitcoin’s price and volume has led to significant growth in the entire crypto market cap – $197.5 billion, now closing $200 billion by the day.As a result of this, the price...

Facebook (FB) stock price was rising today in the pre-market. The company now wants to become a serious rival for Zoom.Facebook Inc (NASDAQ: FB) stock price has risen by 3.74% in the pre-market today. This comes as the social media giant is reportedly seeking to compete with Zoom Video Communications (NASDAQ: ZM). Facebook had a Windows app for its chat program in 2011. This was however discarded. Mark Zuckerberg revealed in his Facebook post:“We’re all looking for more ways to be together...

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.As the war against the novel coronavirus intensifies all over the world, a lot of people are eying on the pharmaceutical companies spearheading the development of vaccines. Moderna Inc (NASDAQ: MRNA) stock continues enjoying a huge backing from investors, as the company pushes its vaccine to human testing. As a result,...

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.Apart from the obvious health effects, the current coronavirus pandemic has already depleted financial markets all over the world. As the outbreak continues to spread and the world records a lot more confirmed cases, these economic effects are also going to continue. Many companies are already recording heavy losses and many of the world’s...

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.Amazon.com Inc (NASDAQ: AMZN) stock has been showing good performance for several days in a row since last Thursday. Then, it was trading at $1,920.20. On Friday, Amazon stock was up in pre-market and climbed further during the trading session and closed slightly down at...

Though it’s probably too early to speak about it, but the Disney takeover by Apple seems to be quite real these days. Disney (DIS) stock is rising in the pre-market today.It seems like the Walt Disney Company (NYSE: DIS) takeover by Apple Inc (NASDAQ: APPL) is something that may be really possible soon. This is all due to the COVID-19 situation and its effects on the Disney business model. Sources say that though Disney has a lot going for it during this period, several things are working...

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. On Friday, the stock of the Big Four technology company Apple Inc (NASDAQ: AAPL) closed 1.44% down at $241.41. Today, the situation has improved, and Apple stock is trading 4.06% up in the pre-market. At the moment of writing, it makes up $251.20 per...

As there finally appeared some positive news about the coronavirus cases, the global markets started to react. Today in the pre-market, Dow futures have gained 837 points already.Global stock prices have risen in response to new COVID-19 statistics. The same we can say about stock futures and Dow futures are not an exception. Sources say that financial markets have gone into a rebound in anticipation of fewer infected and dead due to that coronavirus. Reports coming in from some of the most...

The outbreak of the novel coronavirus (COVID19) caused serious turmoil in the global financial markets. According to a report by VanEck Global, an ETF and Mutual Fund Manager, during this crisis so far, gold correlates with Bitcoin increasingly in the short-term.Gold Correlates With Bitcoin Amid Coronavirus OutbreakGold and Bitcoin are two assets that have nothing to do with each other on the surface and yet they are oftentimes compared. A closer look reveals many similarities, such as...

Stellar lumen price is currently rising and trading nicely above the $0.0432 resistance against the US Dollar.XLM price is likely to continue higher above the $0.0450 and $0.0475 resistance levels.There is a key bullish trend line forming with support near $0.0418 on the 4-hours chart (data feed via Kraken).The pair could surge towards $0.0550 if it clears the main $0.0500 resistance area.Stellar lumen price is gaining bullish momentum above $0.0420 against the US Dollar, similar to bitcoin....