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Tag Archives: Business

Bitcoin Price and Stocks Lose Strength as Coronavirus Comes to Italy

The U.S. markets show a significant drop on Monday morning due to the coronavirus fears and uncertainty. People rush to sell the coins, experts now expect Bitcoin price to go below 9,000.The Dow index, as well as top stocks, S&P 500 and Bitcoin price, have all started losing as coronavirus is conquering new territories. Even more, value vanishes since the virus reaches Italy: one of the world’s biggest travel and trading mecca. The COVID-19 also visits Iran, South Korea, Bahrain, Kuwait...

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Apple (AAPL) Stock Is Down 4.8% due to Coronavirus Fears, Is This the End of Its Bull Run?

Coronavirus is actively affecting the stock markets and Apple (AAPL) stock is not an exception. Yesterday, the stock lost around 4.8%. In teh pre-market, AAPL has started to gain.Apple Inc. (NASDAQ: AAPL) stock was down 4.8% at yesterday’s closing. This is indicative of many things. Analysts reportedly have many opinions about this recent drop. Some believe that the Cupertino California giant’s China sales which have dipped are the main reason. Others believe that this may be the end of the...

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Warren Buffett Claims Cryptocurrencies Has No Value and Doesn’t Want to Own Any

Warren Buffett stated in an interview that Bitcoin and other crypto have no value. He didn’t change his opinion even though Justin Sun claimed to have given him some crypto assets after the lunch they had together.Warren Buffett claimed crypto including Bitcoin has no value, which is the main reason he does not own any and never will. His sentiments were taken strongly by the crypto community that thought he had changed his mind after spending a lunch meeting with Tron Foundation CEO Justin...

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Plug Power (PLUG) Stock Rose on Friday while Market Was in Red, Could It Be the New Tesla?

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....

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Microsoft (MSFT) Stock Lost 3% on Friday but What Will It Be in Near Future?

The recent fall in Microsoft (MSFT) stock might be nothing to worry about when the company’s general health and future plans are considered.By the close of the market last week, three of the world’s biggest tech stocks had gone down a bit. Alphabet Inc. (NASDAQ: GOOGL), Apple Inc. (NASDAQ: AAPL) and Microsoft Corporation (NASDAQ: MSFT) had all lost between 2% and 3% of their weight. Even though all stocks are known to swing considerably, these ones did not regain any of the losses and plunged...

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Alphabet (GOOGL) Stock Is in Red But It Looks Bullish in the Long Term

In the very recent past, Alphabet (GOOGL) stock has plunged a bit. However, the general trajectory and report of the company look quite positive.With a market cap over $1 trillion, Alphabet Inc. (NASDAQ: GOOGL) stock is a top tech stock and one of the world’s most valuable companies. All of the different facets of large tech companies like these make them very attractive to investors and also keeps them soaring higher. Regardless, even some of the biggest falter, as market factors do not...

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Tesla (TSLA) Stock Price May Be Affected, China’s Auto Sales Are Down Due to Coronavirus

Tesla’s expansion plans with higher manufacturing outcomes by the end of 2020 are currently in the doldrums as China’s automobile industry witnessed a 92% drop in sales due to the coronavirus outbreak. TSLA stock started falling.The coronavirus outbreak has massively impacted China’s automobile industry as manufacturing has taken a backseat. Wuhan city also called the Detroit of China, has been at the heart of this virus epidemic. But will coronavirus seriously affect such giants as Tesla...

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Apple (AAPL) Stock Down More Than 2% as Coronavirus Threatens Tech Bear Market

As Apple feels the heat from the coronavirus, AAPL stock is plunging and it looks like things might get worse for other tech stocks as well.Several companies and stocks in general, are still feeling the unpalatable effects of the coronavirus outbreak. Because of several restrictions placed by Chinese authorities as well as other governments, these businesses are taking a hit. The decline inevitably means that their stocks are also suffering. Apple Inc. (NASDAQ: AAPL) stock has felt this...

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Dow Futures Slide 400 Points as Coronavirus Cases Surge Outside China

Global markets across Europe and Asia have plunged severely on Monday as South Korea and Italy report several new affected cases of the coronavirus on Sunday. Analysts request investors to maintain caution at this stage.At press time, the Dow Jones Industrial Average Futures lost over 400 points to 28,540 levels. At the Monday opening, the stock futures are having a massive bloodbath on Wall Street as the coronavirus cases outside China surge significantly.As the possibility of the global...

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Failings of the Retail Industry: How Have Platforms Missed the Mark, and What Can We Learn from Reckoon?

The development of technologies is moving forward and it can’t but influence the development of many industries. Big data and machine learning are believed to be the key factors for retail industry growth.Since the beginning of the “fourth industrial revolution”, markets have seen the rise of tech giants Google, Amazon, Apple, and Microsoft, seen the impacts of AI in the automotive industry, and watched as the availability and delivery of products and services have accelerated in ways nobody...

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