Tag Archives: amazon

As a result of coronavirus fears, Tesla (TSLA) stock is hit hard, while other companies are also suffering. Three major stock indexes have plunged.After a sustainable growth, Tesla Inc. (NASDAQ: TSLA) stock plunged more than 7% on Monday. Closing down 7.5%, the company’s shares ended the day at $833.79. Tesla stock is hit hard as a result of the sell-off driven by coronavirus fears. However, it’s worth mentioning that after hours the price is moving up. Now the TSLA price is around $854...

As part of a massive market crash on Monday, Big Tech companies ended up losing billions-of-dollars of investors’ wealth. Apple is the most-affected Big Tech company from the Coronavirus outbreak as it largely depends on China for its manufacturing.On Monday, financial markets in the U.S. and across the globe plunged heavily on account of rising coronavirus cases outside China. The fall in the broader markets came after South Korea and Italy reported a sudden splurge in coronavirus cases on...

Today the price of Plug Power (PLUG) stock is falling. But its recent market performance has shown that it could become the new Tesla.Plug Power Inc. (NASDAQ: PLUG) stock managed to grow on Friday while the whole market was actively losing its value. This has led many investors to consider Plug with its stock to be the new Tesla Inc. (NASDAQ: TSLA). It has also revitalized investors’ hopes in alternative energy as a whole. Sources indicate that the stock has risen by about 20% this month....

Facebook (FB) stock lost over 2% of its value on Friday and now its price is also decreasing in the pre-market. However, in the long term, it still looks viable.Facebook Inc. (NASDAQ: FB) stock lost 2% on Friday. Some experts believe that the dip in stock price came as a result of Fakebook’s recent earnings report. However, it’s worth mentioning that there has enough time gone since the moment of publication. But at that analysts are still wondering if the stock will be able to make...

Amazon (AMZN) is not the only stock that went down. Because of coronavirus, China will stop providing necessary physical and virtual services to the U.S. As a result, the market reacts with the overall drop in prices.At the beginning of 2020, e-commerce giant Amazon.com Inc (NASDAQ: AMZN) has been showing not a very impressive performance. Such an outcome results from the company’s stock underperforming significant benchmarks over the previous six months. Until mid-January 2020, Amazon could...

Dow drops 280 points, stocks down thanks to coronavirus panic in the U.S. investors pour cash into treasuries and gold. Market analysts predict corporate and personal income fall in the next months. Favipiravir needs tests to cure coronavirus.Chinese people are fighting the virus in a closed source model and many people keep their concerns regarding the coronavirus spreading. The Dow Jones Industrial Average falls, and experts claim that stagnation is coming.COVID-19 is not as deadly as some...

While Google Cloud is buying Cornerstone Technology and expanding profits, the eyes of investors are aimed at the Alphabet (GOOGL) stock price and tech giant’s financial reports.Google Cloud buys Cornerstone Technology company to boost the development of cloud computing, AI and similar tech. CEO Google Cloud Thomas Kurian is very happy with the announcement, as Microsoft Corporation (NASDAQ: MSFT) and Amazon.com Inc. (NASDAQ: AMZN) kept their upholstered offers ready. Now, Alphabet Inc....

Walmart revealed it spent $11.8 billion the last year on dividends. Amazon doesn’t have such a strategy but AMZN stock price is growing.Amazon (AMZN) stock is in green these days while Walmart (WMT) stock is falling. Do these events have any relation to the companies’ performance and approaches? Let’s have a look at how both companies are doing.John Furner, President and CEO of Walmart US, said recently that the role of corporations has changed. By saying that, Furner was thinking of making...

Tesla (TSLA) stock is rising above $800 after hours. Elon Musk is looking for employees to join the Solar Roof team as the company is ramping up the installation of such roofs in the U.S.Tesla’s CEO Elon Musk recently gave an ad searching for workers.https://twitter.com/elonmusk/status/1228849721013346304Be it as it may, the truth is that even with a record fourth quarter for its solar energy and storage systems business, Tesla’s energy revenue fell by more than $24 million in 2019.Now, the...

Though Tesla (TSLA) stock has slowed down, if its price stays stable, the company could achieve the $100 billion average market cap for a six-month period as soon as in April or May. So, Elon Musk could get his first paycheck quite soon.Elon Musk‘s big payday may be closer than you think. Last month Tesla (TSLA) stock closed above a $100 billion market capitalization for the first time in its history. Moreover, it has even reached the $150 billion level. That started a clock on its CEO Elon...