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Tag Archives: Business

Dow Jones Gains Over 770 Points, Stock Market Rally Continues, Sanders Quits Presidential Race

The Dow Jones Industrial Average is actively gaining today as well as many stocks on the market. Meanwhile, U.S. coronavirus cases have topped 400,000The Dow Jones climbed nearly 800 points on Wednesday following Sanders’ decision to give up and quit his presidential campaign. Stock markets are also doing well today. Meanwhile, White House Health Advisor Anthony Fauci estimated the United States could see a slight outbreak decay next week and New York Mayor Bill De Blasio revealed some...

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Exclusive from CoinMarketCap’s Senior Leadership: From Passion Project to Partnership With Binance

Check out an exclusive interview with CoinMarketCap’s senior leadership about the philosophy behind the project, its history and the acquisition by Binance.When talking about the platforms that are tracking cryptocurrencies movement, first that comes at one’s mind is definitely CoinMarketCap. A platform created to track the capitalization of different cryptocurrencies, the amount of trades that use them and the current price converted into fiat currencies updates the information every five...

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Disney (DIS) Stock Down 1.1%, Analyst Says Parks Attendance May Need 2 Years to Normalize

Disney (DIS) stock price is falling. Wells Fargo analyst Steven Cahall stated that the studio’s theme parks division will need a couple of years to return to normal business.The Walt Disney business has been seriously hit by the stay at home orders caused by the ongoing coronavirus. The Walt Disney Company (NYSE: DIS) stock fell 1.2% in after trading hours on Tuesday and is 1.1% down now, after Wells Fargo analyst Steven Cahall downgraded it, claiming that the Disney parks attendance could...

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Zoom (ZM) Stock Lost 7.48% Yesterday as Company Is Sued Due to Privacy and Security Flaws

Zoom Video Communications (ZM) stock price lost $9.19 approximately 7.48% on April 8. The fall is being attributed to the class-action lawsuit. Zoom is being sued for not disclosing privacy security flaws.Since the outbreak of coronavirus, many people got to adapt to working remotely. Zoom Video Communications Inc (NASDAQ: ZM) and its stock price have been on the rise. However, the rally did not have much of the fuel as the bulls seem to be already exhausted. It all began around March 20,...

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Market Greenlights AMZN Stock, It Is Up 0.47% in Pre-market as Amazon Halts Its New Delivery Service

Amazon (AMZN) stock is set to climb higher as the company suspends its new shipping services to focus on its core business as customer demand spikes.Amazon.com Inc (NASDAQ: AMZN) has announced plans to suspend its delivery service until further notice. The company had started Amazon Shipping to rival other logistics giants like FedEx and UPS, making the option available in a few places, including Los Angeles. However, according to a Wall Street Journal report, Amazon will stop from June, and...

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Boeing (BA) Stock Rose 19% on Monday, Up 4.5% Today amidst Coronavirus Factories Lockdown

Boeing (BA) stock price increased by 19% on Monday despite the fact that the company will pause operations at its facilities in South Carolina starting on Wednesday.Boeing Co (NYSE: BA) stock on Monday experienced a 19.47% rise as it contributed 16 points (10%) of the Dow Jones Industrial Average’s 1,627 point gain. The surge has made the stock become a reference point in its history as in 2020 alone Boeing stock has surged more than it had in the past 39 years.The firm’s share is now used as...

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Samsung Q1 Profit Prediction Beats Market Estimate amid Coronavirus Pandemic

Despite serious market problems that stem from the coronavirus outbreak, Samsung predicts a good profit from its first-quarter figures.Because of the coronavirus pandemic, many companies have significantly cut down their expectations for the first quarter of 2020. The pandemic and the resultant lockdown of many cities in many parts of the world, has affected the regular flow of business. This means that these companies cannot perform at their optimum level if they were doing so before....

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Alphabet (GOOGL) Stock Gained Over 8% Yesterday, It Is a Bargain Now but Until When?

Alphabet (GOOGL) stock gained 8.28% on Monday. Today it is 3.12% up in the pre-market. Does its current trading price show the actual value of its? Or is the stock undervalued now?When it comes to Alphabet Inc (NASDAQ: GOOGL) stock, it’s hard to always win or lose. The stock has been pretty volatile in the last few weeks, especially after the global outburst of the coronavirus pandemic.The company’s stock saw significant share price movement during recent months on Nasdaq, rising to highs of...

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Microsoft (MSFT) Stock Is Up 5.31% Now, Is It True Winner on the Market?

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.Global computer software firm, Microsoft Corporation (NASDAQ: MSFT) stock has experienced a 5% market rise on Monday. Since sliding during the coronavirus sell-off, the firm’s stock did not plunge into the red in the first quarter. However, the firm’s stock trades 17% below it high on February 17.In the firm’s fiscal...

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Tesla (TSLA) Stock Jumps Over 5% as Jefferies Upgraded It to Buy

Tesla (TSLA) caught an upgrade Monday morning that sent its stock up over 5%. Even though some analysts see opportunity in the stock, many questions remain about how the COVID-19 crisis will affect electric-vehicle demand.Tesla Inc (NASDAQ: TSLA) jumped on Monday more than 5% at the opening after Jefferies raised its grade to buy. One of the reasons for upgrade was definitely the fact that Tesla is a clear leader in the electric-vehicle sector. Jefferies analyst Philippe Houchois explained...

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