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Tag Archives: Market News

FTC Starts Investigation of Acquisitions by Google, Apple, Facebook, Amazon, Microsoft

As it tries to sanitize the playing field, the FTC has announced an investigation into some of the biggest tech companies: Amazon, Apple, Facebook, Google and Microsoft.The Federal Trade Commission, FTC, has announced its decision to begin an investigation targeted at some tech giants. The Commission said that the investigation is to shine its spotlight on these companies’ acquisitions carried out in the past, that may not have been thoroughly scrutinized by the regulator. The tech giants...

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Dow Futures Rise Despite Bernie Sanders’ New Hampshire Win

Bernie Sanders has seized his wins in Iowa and New Hampshire in the presidential race indicating a strong start to the national elections ahead this year. However, the markets have preferred to neglect his wins and continue to be on the rising momentum ahead. Dow Futures are moving up.The Dow Futures have rallied to a new high 29, 270 despite Bernie Sanders winning the Democratic Primary from the New Hampshire. The Dow Futures broke 45 points northwards soon as the news broke out despite the...

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Donald Trump Tries to Take His Merit for MAGA Stock Rise

President Trump called four big tech companies with trillion-dollar market caps, Microsoft, Apple, Google and Amazon, the MAGA club. MAGA is also a short form of ‘Make America Great Again’, a favorite slogan of Trump and his supporters.United States President Donald Trump called out four tech giants for becoming a trillion-dollar companies – thanks to his merits. And not just that. We all remember his slogan ‘Make America Great Again’ (MAGA), right? Well, he went that far to call Microsoft,...

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Bitcoin Price Will Beat Dow Jones to 40,000, Tom Lee Predicts

Tom Lee, Fundstrat’s chief analyst, thinks Bitcoin (BTC) price will reach 40,000 before the Dow Jones reach 40,000. Bitcoin halving is just 89 days away and the world is in crisis – how will this influence the price?Famous trader Tom Lee makes yet another huge prediction regarding the Bitcoin price. This time, he claims that Bitcoin will reach 40,000 even before the Dow index does. Dow currently trades at 29,280. He thinks that, till August 2020, Bitcoin will cost at least 20,000, and then it...

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Tesla Tests Its Solarglass in the U.S. as It Prepares to Expand to Europe and China

Tesla has been ramping up installations of its solar tiles roofs (Solarglass) in the United States as it is planning to venture new markets in Europe and also in China.Tesla has been installing its new solar tile roofs alias Solarglass in the San Francisco Bay area to its customers since it launched the program in October last year. According to the Company’s CEO Elon Musk through a series of tweets, the company is looking for new markets in Europe and also in China.Europe & China timing...

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Tesla Stock Surges 9% on Reports of Resuming Shanghai Factory Production

Tesla(TSLA) stock has been witnessing wild trading over the last days as the company announces its decision to resume the production at its Shanghai gigafactory after the delay due to the coronavirus outbreak.Tesla (TSLA) stock has been on the radar of the investors after its massive price surge this year. So far, since the beginning of 2020, the Tesla stock has surged over 90% taking the company valuations close to $150 billion.After an unprecedented surge to $965 levels last week, the stock...

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Airbus Stock Price Rises as Company Unveils ‘BWB’ Plane Design

The Airbus stock price is rising, and the only danger seems to be the coronavirus attack that has a negative influence on businesses. The company has recently shown its new plane, possibly revolutionary and certainly stylish.Airbus has proudly presented a new type of plane on several air shows. The new plane has blended wing body design, which is a rare thing. Also, it’s a stylish thing which emits 20% less carbon than other similar models.The project’s codename is Maveric, it’s a 10.5 feet...

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Bitcoin, Gold and Dollars Look Safe for Investors as Coronavirus Deaths in China Top 1,000

The coronavirus death toll is spreading fears to investors who are trying to turn to gold, the U.S. dollar and also Bitcoin as a safe haven.Investors are seeking safety in gold, the dollars and also Bitcoin as the coronavirus outbreak death toll in mainland China alone hit 1000. The virus has spread in a dozen other countries across the globe, raising a red alert to investors who are wary of the likelihood of an economic recession.As a result of the coronavirus outbreak, big investment...

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Coronavirus Could Be the Reason for China’s Smartphone Shipments to Drop 30%

According to IDC, Chinese consumers may abandon the idea to adopt 5G-enabled phones due to the influence of coronavirus, despite the fact that Chinese makers are offering premium models that take advantage of next-generation networks.With the further spread of coronavirus, Chinese business faces a new challenge. At the end of Q1 2020 that ends in March, China’s smartphone shipments could drop by over 30%.International Data Corporation (IDC) stated:“The coronavirus outbreak impacted the Lunar...

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Tesla Stock Is One of the Most Dangerous Stocks in the Market, Says Wall Street Exec

While many people are extremely bullish about Tesla (TSLA), some other analysts think that it’s a little too volatile and dangerous at the moment.Tesla stock (TSLA) is very easily one of the world’s most popular stocks, at least as far as 2020 is concerned. Prices have jumped so high recently that it has rattled a lot of the market’s most seasoned analysts and even regular traders and investors. Towards the end of last year, many people slowly became extremely bullish about Tesla’s chances....

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