Tag Archives: Business

Tuesday’s rally did not last long. Early on Wednesday, U.S. stock futures, including Dow, fell sharply. Tech stocks have also suffered.After the coronavirus outbreak, the market has become as volatile as never before. Yesterday, it rebounded after the crash on Monday, but it was not out of the woods yet. Today, U.S. stock futures dropped sharply, suggesting more volatility when trading began Wednesday, following two roller-coaster days on Wall Street. Dow Futures slide 700 points, rolling...

Citron Research warned investors that Ino stock would fall back to $2 and called for the Securities and Exchange Commission to investigate Inovio and suspend trading of its stock.Pharma company Inovio Pharmaceuticals Inc (NASDAQ: INO) had pretty volatile trading session yesterday. It started by growing 10.7% but in just a few minutes, the biotech quickly started to fall. INO stock finished its trading session with 42.01% in the red and with a price of $5.7.But, let’s start from the beginning....

There is nothing so far to suggest that there will be a permanent impact on businesses, or that earnings will not eventually recover. But when you want to invest during the crisis, you need to think about long-term benefits.As coronavirus is spreading at an incredibly fast pace, people all over the world are watching eventual developments in the markets to find stocks for investing. However, it is important to stress that making an investment just because the markets are down and/or you are...

While TSLA stock is quite unstable these days, Tesla has announced its new plans for its production activity in China.Tesla Inc (NASDAQ: TSLA) stock rose by 6.14% by Wednesday to trade at $644.81 while there were revealed the company’s plans to increase its production capacity in China. The stock market had been bleeding out due to the sharp decline in crude oil prices that hit the market caused by the ongoing coronavirus outbreak. Since Monday, Tesla (TSLA) stock nosedived after the release...

Elon Musk has announced that Tesla has now produced 1 million vehicles. Tesla (TSLA) stock positively reacted to this announcement and jumped almost 10% in the premarket.As many companies decry the current state of the market, some are still finding ways to weather the storm. The world’s biggest firms including Apple Inc (NASDAQ: AAPL), Amazon.com Inc (NASDAQ: AMZN) and Tesla Inc (NASDAQ: TSLA), have seen record plunges in recent times, because of the coronavirus pandemic. Tesla, however, is...

The Italian government has announced extraordinary measures to contain the coronavirus. Prime Minister Giuseppe Conte on Monday declared the entire country a “red zone,” meaning people should stay home except of work needs and emergencies.In a pretty bizarre move, all of Italy and its 60 million residents have been placed under lockdown due to coronavirus. First, it was only the Lombardy when on Saturday, Italian Prime Minister Giuseppe Conte signed a decree to impose quarantine and limit...

Markets in the Asia Pacific began to recover Tuesday and Dow Jones futures jumped more than 800 points a day after novel coronavirus fears and an oil price war sparked a worldwide panic.After the most disturbing day in newer U.S. market history (since 1991 Gulf War), as of 2:30 am ET Tuesday, futures on the Dow Jones Industrial Average started growing by 794 points, indicating an opening jump 839 points on Tuesday. S&P 500 futures and Nasdaq 100 futures also pointed to a higher open for...

While Facebook (FB) stock is experiencing not the best times, the company takes contingent plans for the future by adding two female board members.Facebook Inc (NASDAQ: FB) stock fell 6.40% on Monday drastically ending the hopes of recovering any time soon. The stock traded below $170 for the first time since the calendar flipped, and retested September 2019 strong support level. However, it did not respect the level as it has continued to show signs of falling further in the near future. The...

Virgin Galactic (SPCE) stock does not differ from other tech shares in yielding to the influence of negative events. It lost 10.29% on Monday. At the same time Musk worries that SpaceX won’t fo to Mars before he dies.Following the beginning of the oil price war, crypto and stock markets have started a downward movement. Bitcoin and other cryptos’ prices rapidly dropped, the market capitalization also tanked. Stocks of tech companies have suffered as well. We have already reported on Tesla Inc...

Shares of Tesla (TSLA) were down 12.01% at the opening today as the oil price war between OPEC and Russia alongside deepening coronavirus anxiety in the U.S. rattled investors.Tesla Inc (NASDAQ: TSLA) stock has fallen drastically today by 12.01% retesting February’s low and support at the same time. Tesla stock market received a hard blow after OPEC and the Russians failed to come into a common agreement on the crude oil prices amidst the decline in global demand that has been as a result of...