Tag Archives: Market News

Warner Music Group is now the latest high-profile company that has taken a decision to go for a public listing in 2020.American multinational entertainment and record label, Warner Music Group, has announced that it has filed a registration statement for an IPO to sell shares of its common stock which are proposed to be sold by certain of Warner Music Group’s stockholders.Warner Music Group became the latest big-name company to opt for a public listing since the turn of the year. The number...

During the start of 2020, Apple asked its suppliers to produce nearly 45 million AirPod units in the first half of the year owing to high demand. However, suppliers in China have to shut down production due to the coronavirus epidemic putting breaks on Apple’s sales targets.The coronavirus outbreak in China has raised major concerns across the globe. The news of the virus spread over the last month is haunting global markets at this point. Even the world’s most valued company Apple Inc. is...

According to Ark Invest, if Tesla lands the self-driving option in the right way, it can soon launch an autonomous taxi service (robotaxis). As a result, the TSLA stock value may increase drastically and Tesla could hit $6 trillion by 2024.The leading electric car manufacturer Tesla has been experiencing rapid ups and downs in stock price lately. After a recent jump and reaching a new record of $961, TSLA stock crashed. However, some believe Tesla can save its situation. Besides, in four...

Tesla (TSLA) stock has plunged as the company has announced a delivery delay caused by the fears related to the coronavirus epidemic.Much to the disappointment of many, Tesla (TSLA) stock has begun to fall amid the coronavirus. Tesla, which has been on a very impressive and largely unprecedented surge for a while now, has shed some of its weight because of a delivery issue connected to the epidemic.TSLA Stock CrashOn Wednesday, Tesla vice president Tao Lin announced that the company might...

Tesla has been affected by the pressure from the coronavirus outbreak in China, where it has decided to temporarily close all its stores. The move will delay unit delivery to customers who had ordered. TSLA stock price is falling.The American electric automaker company Tesla has temporarily closed its stores in the entire mainland China due to fears of coronavirus spread. The move was not welcomed warmly by the customers who were waiting for unit delivery in February. As a result, in the...

China has announced that next week, it will cut tariffs on US goods by half. Stocks in China, as well as in other countries, have reacted positively to this statement.On Thursday, China said it will cut down tariffs on more than a few U.S. goods. Chinese authorities announced it will reduce tariffs placed on these goods worth $75 billion by 50%.China Cuts Tariffs as Trade Tensions ImproveChina had initially announced tariffs on these goods on Sept. 1. 2019. The tariffs were in retaliation to...

The new coronavirus strain which originated in China has spurred a few related developments. Here are some updates we’ve compiled.Coinspeaker has a few updates sparked by the undesired effects of the coronavirus as it continues its fatal spread in China. The government in China, is currently taking several measures to control the spread. Similarly, other countries are doing the same. However, the Chinese government is unhappy with the restrictions.China Decries Coronavirus Travel...

Qualcomm (QCOM) stock positively reacted to the optimistic figures in the company’s Q1 earnings report. The net income in that fiscal quarter was $925 million.Leading Technology Firm Qualcomm Inc. shares experienced a new rise, as QCOM stock has managed to top the earning table on Wall Street, making the firm one of the most valuable at the moment in the stock exchange market.Mobile technology firm and one of the very few proponents of the 5G network Qualcomm Incorporated shares rose steadily...

Acquiring the Philadelphia-based Heritage Financial Systems, ConsenSys gets access to advisory and broker-dealer capabilities in the U.S.Global blockchain company ConsenSys acquires U.S. broker-dealer. The company focused on developing Ethereum-based dApps has decided to purchase the Philadelphia-based Heritage Financial Systems in order to implement blockchain for tokenizing municipal bonds.#ConsenSys "acquired broker-dealer Heritage Financial Systems, betting that governments can more...

Ferrari presented rather mixed Q4 results. It has negatively affected the price of RACE stock though it recently hit a 52-week high. Will the introduction of the first SUV boost the stock in 2021-2022?The Italian maker of luxury and sports cars Ferrari SpA announced that its diluted earnings per share in the last quarter of 2019 amounted to €0.90, which is over 10% lower on an annual basis, while shipments slid 1% to 2,376 in the same period.Net revenues grew 10% to total €927 million as...