Tag Archives: coronavirus

The global markets have been bleeding for the fourth straight day in a row after the U.S. Health officials warned against a possible coronavirus outbreak. In just four days the S&P 500 has crashed over 10% registering its fastest crash to date. Dow has lost 1000 points.Things are clearly not looking good for the global markets as threats of a global coronavirus outbreak intensifies. On Thursday, the Dow Jones dropped 4.5% over 1000 points dragging down several bluechip stocks as well!On...

Nach wie vor setzt der Goldpreis seinen Höhenflug fort. Damit hat das Edelmetall für das laufende Jahr 2020 ein neues Jahreshoch erreicht. Zuletzt lag der Goldpreis bei 1’636 US-Dollar, was innerhalb der vergangenen sieben Jahre den bisherigen Höchststand markierte. Umgerechnet in Euro sieht der Goldpreis zudem noch weitaus besser aus. Auch hier ist ein Kursanstieg nach dem anderen sehr deutlich in...

While tech shares are suffering drops, coronavirus stocks are soaring, The pharma companies are actively working on the development of a new vaccine.Lately, we have been reporting a lot about tech companies suffering significant drops in stocks amid spreading coronavirus concerns. Its high time to have a look at those market players who are benefiting in the volatile conditions. Under the circumstances given, the only winners are so-called coronavirus stocks. Haven stocks and health care...

Gosh darn it, bitcoin! You were doing so well and now you’ve decided to go and disappoint everyone… Again!Bitcoin Takes Another Nasty TumbleAt the time of writing, the number one cryptocurrency in the world by market cap has fallen to just a little over $8,800. This is about $500 less than where it was trading yesterday, and about $1,600 from where the currency was trading roughly two weeks ago.The fears of the coronavirus are spreading almost as fast as the disease itself. People are...

The sales of Aston Martin are falling as well as the price of the AML stock. However, the company hopes to survive. It also plans to offer wide freedom in customization of its DBX SUV.The sales of Aston Martin Lagonda Global Holdings PLC (LON: AML) have dropped. Sources indicate that the company is in distress yet again. It is also reportedly on the brink of bankruptcy. The stock of the company has fallen by about 10% since the company announced this. The company has indicated that it will...

With coronavirus outbreak spreading a lot of fears to the global investors, talks of a vaccine are bolstering the Moderna (MRNA) stock value. However, it is still an early call, as the vaccine takes over a year to go through the regulatory testing rounds.The stocks of biotechnology company Moderna Inc (NASDAQ: MRNA) rocketed approximately 23 % on Wednesday after the company announced that the progress in making another experimental vaccine for a virus tied to birth defects is going at faster...

It has become known over $190 million worth of Bitcoin long and short positions were liquidated on well-known derivatives exchange BitMEX.Bitcoin price dropped to $8,593. This development occurred yesterday. Sources indicated that the cryptocurrency markets lost big time. $190 million in Bitcoin was reportedly liquidated on the BitMEX exchange.Bitcoin Liquidation on BitMEXThese assets were formerly in the form of derivatives before their liquidation. They were also a combination of long and...

Microsoft (MSFT) stock fell 1.76% in pre-market trading on Thursday, a day after the company said it doesn’t expect to meet the quarterly revenue guidance it previously provided for the segment that includes Windows.Microsoft Corporation (NASDAQ: MSFT) said on Wednesday it probably will not meet the quarterly revenue guidance due to the coronavirus it previously said it will. In the official statement, the company said that on January 29, as part of its second quarter of the fiscal year 2020...

Amazon (AMZN) stock has been already seriously hit by the coronavirus and things might get a lot worse for the e-commerce giant very soon if nothing changes.Many companies, regardless of their size, are still reeling from the general effects of the coronavirus. These companies are having a hard time controlling losses and maintaining their normal core functions as the epidemic continues to spread. Since the coronavirus has been worsening, the markets have been taking a much deeper plunge and...

Fear, uncertainty, and doubt are causing the global community at large to panic over the potential implications of the coronavirus. The chairman of Virgin Galactic Chamath Palihapitiya believes that in the current situation it would be sensible to keep 1% of assets in Bitcoin.We were already writing numerous times how Bitcoin (together with other cryptocurrencies) is a good asset to have when things are going rough. Nowadays, we are witnessing, not just geopolitical tensions between the...