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Tag Archives: coronavirus

U.S. Congress Might Disburse $1,200 Checks to Taxpayers in Coronavirus Aid, Who Qualifies?

The United States Congress is working on a $2 trillion stimulus bill to mitigate financial hardships due to coronavirus, with Americans set to get up to $1,200 checks for that purpose.The U.S. Congress is currently pushing through a $2 trillion stimulus bill to mitigate the financial effects of the COVID-19 pandemic. Some Americans can expect to receive checks from the government to assist them to cope with the hard times during this coronavirus crisis.Official reports confirm that the...

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What Will $6 Trillion in Monetary Expansion Do To Cryptocurrency? (Opinion)

The pressure’s on for Congress to pass a $2 trillion spending bill to thaw the frozen economy. While they negotiate the largest ever emergency relief bill in US history, markets are getting restless. Stock futures have been volatile as the bill makes progress and stalls, then makes progress and stalls again. Voters are getting restless too. Both sides are badgering each other to “Hurry!” while negotiating a $2 trillion transaction with other people’s money.Any time either side of the partisan...

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Bill Gates Explains How He Would Fight Coronavirus if He Were U.S. President

Bill Gates, Microsoft сo-founder, shared his thoughts about the current state of the healthcare system and ways to fight coronavirus. He explained what measures he would implement if he were the U.S. president.Although not a one-man show, coronavirus is proving problematic to many nations, and a strict leader needed to keep people safe. One man who has been at the forefront of coronavirus pandemic outbreak in the world is none other than Microsoft co-founder and philanthropist Bill Gates. In...

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Visa (V) and Mastercard (MA) Stock Prices Rose 4.69% and 8.19%, New Hope for Investors?

Visa (V) and Mastercard (MA) stock prices have risen boosted by the hopes that the stimulus bill from the U.S. government gives. However, a long-term trend may be in the offing as COVID-19 creates a new order of things.Visa Inc (NYSE: V) and Mastercard Inc (NYSE: MA) stock prices have risen recently. Sources say that the stock prices of the payment services giants have been a beacon of hope as financial markets sway due to COVID-19.At the time of filing this report, Mastercard (MA) stock...

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Could a Digital Dollar Help to Battle the Coronavirus?

As Congress nears a deal on the economic stimulus package, the latest proposal has taken a crypto turn and is offering the notion of a potential digital dollar.Is a Digital Dollar Coming to the U.S.?Many countries, as of late, have brought up the idea of introducing a national digital currency for its citizens. China, for example, is arguably the biggest example, having divulged the secrets of its latest project in the digital yuan. The currency has stirred controversy among those who believe...

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Analysts Say Another Bitcoin Rally Could Be Coming Soon

It was looking like the crypto industry had entered irreparable territory a few weeks ago. Bitcoin, for example, had dropped by thousands of dollars, and it didn’t take long for several of its altcoin cousins to follow suit.Bitcoin Is Back in the GreenNow, however, things are once again looking up, and many analysts are wondering if bitcoin – which has recently surged by nearly $400 in the past day or so – will continue its rally and experience its 2020 high all over again.One source is...

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TSLA Stock Rises Over 8% Now but Some Analysts Downshift Tesla

Tesla stock’s rebound makes us believe that Tesla shares are now a good investment. At the moment of writing, TSLA stock is trading at over $545.After a long downfall, Tesla Inc (NASDAQ: TSLA) stock rises again, which allows investors to believe in the car manufacturer’s long-term prospects. Today, its price has been $521.50 or 3.27% up at the opening. At the moment of writing, it is even higher, $549.14. Tesla stock has added $44At the beginning of 2020, Tesla witnessed heavy trading volumes...

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Facebook (FB) Stock Drops 3.33% Today amid Social Media Giant’s Weakening Ads Business

Because of COVID-19, consumer demand for advertising (30% to 45% of Facebook’s total revenue) has fallen. Facebook (FB) stock has also suffered. Today, it has opened at $158.92.Facebook Inc (NASDAQ: FB) stock is suffering as the coronavirus continues its spread and badly affects the market. On Tuesday, the Facebook stock closed at $161.23 and further dropped in the after-hours sales. Today, it has opened at $158.92 but already tanked by 3.33%. At the moment of writing, the Facebook stock...

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AAPL Stock Up 10.03% Yesterday and Rises 2.53% Today, Apple Becomes $1T Company Again

While Apple stock has corrected nearly 32% in just the last month, analysts point out at its strong fundamentals and multiple revenue streams and say it is a good bet at the existing valuations.On Tuesday, March 24, the U.S. stock markets recovered significantly after some fiscal stimulus measures the previous day. Smartphone giant Apple Inc (NASDAQ: APPL) also showed yesterday a solid 10% plus recovery with the company reclaiming its trillion-dollar valuations. On Tuesday closing, the Apple...

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Nike Stock Jumps Over 10% Today as Retailer Enjoys 36% Online Sales Growth

Nike reported quarterly earnings that have topped analysts’ expectations boosted by the company’s digital business and its success in North America. Nike stock is over 10% up today.On March 24, Nike Inc (NYSE: NKE) reported its earnings that topped analysts’ expectations, its stock reacted to the news. The quarterly earnings beat expectations due to a boost that came from the company’s digital business and significant growth in North America. These developments helped mitigate weakness in...

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