Apple (AAPL) stock price dropped after it was announced that retail shops outside China will be closed due to COVID-19 fears.Apple Inc (NASDAQ: AAPL) stock price fell by about 12% on Monday. Sources say that the technology giant’s shares dropped as well. Stocks kept sliding even after the pre-market drop. This indicates that the Cupertino California technology company has its plate full. But today Apple stock is in green. As at the time of filing this report, Apple (AAPL) stock price was...
Read More »U.S. Opera Users Get New Options to Buy Cryptos, Opera Partners with E-Payments Firm Wyre
Within the partnership, Android Opera users get the ability to purchase Bitcoin and Ethereum with a debit card, while iOS users can check the function in Apple Pay.Late January this year, Opera completed its efforts to provide Web 3-ready browsers with built-in Crypto Wallet on Android, Windows, Mac, Linux, and iOS. Now Opera users receive new options to buy cryptos. They can now do it using a debit card or Apple Pay. The initiative follows Opera’s partnership with crypto startup Wyre....
Read More »Bakkt Announces Integration with Starbucks to Introduce Bakkt Cash Payment Option
Users of the Starbucks mobile app will soon have the opportunity to pay for their drinks with Bakkt Cash. According to Bakkt, at the current moment, the crypto payment option is only in limited beta.Cryptocurrency derivatives exchange Bakkt partners with Starbucks to introduce a new payment option for Starbucks mobile app users. Named “Bakkt Cash”, the feature is already available for Starbucks customers as a limited beta.We're also reducing payment costs for merchants which improves their...
Read More »Google CEO Sundar Pichai Apologized to Donald Trump, Google Working on COVID-19 Website
Currently, Google is working on a website devoted to COVID-19. Serving an informative function, the website will also remove fake information about the virus on YouTube, Google Maps, Google developer platforms, and across ads.Last Friday, the U.S. President Donald Trump revealed that Google is currently working on the screening website that addresses COVID-19 education, treatment and prevention, and local resources across the nation. According to Trump, 1,700 engineers under the tenure of...
Read More »McKinsey & Company Presents Three Key Scenarios for Global Market amidst Coronavirus Crisis
With the coronavirus being declared a global pandemic by the WHO, McKinsey predicts different scenarios as to how the global markets will react in the future.The unprecedented breakout of the COVID-19 virus across the globe has gripped the global markets in absolute fear. A majority of the stock market across the globe have corrected to the tune of 20-30% just over the last month during the coronavirus outbreak.Businesses across different sectors are facing a major jolt as logistics and trade...
Read More »Cristiano Ronaldo Turns His Hotels Into Coronavirus Hospitals
Cristiano Ronaldo joins the fight against Covid-19 that has triggered a global health scare and jolted the global sporting calendar. All CR7 hotels are set to be converted into hospitals.Portuguese football player Cristiano Ronaldo announced that he will transform all his CR7 hotels into coronavirus hospitals. Spanish ‘Marca’ newspaper said:“All the hotels owned by Cristiano from the next few days will be transformed into free hospitals for Coronavirus patients who need a bed and a structure...
Read More »Bill Gates Leaves Microsoft Board of Directors, Focuses on COVID-19 Solution
Bill Gates co-founded Microsoft in 1975 with Paul Allen and was CEO until 2000. Gates was director of the board at Microsoft until 2014. But now he is leaving the board to focus on philanthropy.Microsoft said yesterday that its co-founder Bill Gates is stepping down from its board of directors. Gates co-founded Microsoft in 1975 and was acting as the chairman of the board until 2014. Back in 2008 he stepped back from day-to-day operations.Gates explained this unexpected move with the...
Read More »Gilead Sciences (GILD) Stock Is 2.53% Up, Its Remdesivir Used to Treat Coronavirus
Gilead Sciences (GILD) stock price has moved up at the news that its drug remdesivir is used to treat coronavirus patients on ‘compassionate’ grounds.Gilead Sciences Inc (NASDAQ: GILD) stock has made some gains after the confirmation of the use of one of its drugs on U.S. soil. Sources say that Remdesivir is being used to treat several patients who have coronavirus. The drug is not approved by the U.S. Food and Drug Administration (FDA). Certain rules allow for the use of such mediations on...
Read More »Elon Musk Plans to Open Tesla Cybertruck and Model Y Factories in U.S.
Tesla CEO Elon Musk announced that the company has plans to expand its production in the U.S. Cybertruck and Model Y factories are to be opened there.Tesla Inc (NASDAQ: TSLA) Co-Founder and CEO Elon Musk went to Twitter to announce that the company is set to open a Tesla Cybertruck gigafactory in the central USA, while Model Y production set for the east coast. It is a bold move to invest billions of money at these uncertain times headed by coronavirus stock panic.Scouting locations for...
Read More »Market amid Coronavirus: When Investing in Times of Crisis, Think Long-Term
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...
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