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Tag Archives: News

AAPL Stock Down 0.58% in Pre-Market as Apple Is Launching Its New Budget iPhone SE

Apple is set to introduce its newest budget iPhone SE. However, today in the pre-market, AAPL stock wasn’t rising as it could have been expected.Apple Inc (NASDAQ: AAPL) stock price is down by about 0.58% in the pre-market today. The stock of the technology giant has faced increased pressure in recent times due to the COVID-19 situation. The closing prices are positive. The closing prices closed by 1.67% to $244.93.So, it could be a battle between the bulls and the bears. Sources say the...

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Bitcoin Cash Analysis: Bulls Aim Convincing Break Above $250

Bitcoin cash price rallied recently and tested the $250 resistance zone against the US Dollar.The price is currently correcting gains and trading above the $230 support area.There was a break above a major bearish trend line with resistance near $224 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair is likely to make another attempt to climb above the key $250 resistance area.Bitcoin cash price is showing a lot of positive signs above $230 against the US Dollar....

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Hype Bank Is Making It Easy for Italians to Garner Bitcoin

Hype Bank – a small financial startup in Italy – is making it easy for the country’s residents to get their hands on bitcoin during the coronavirus outbreak.Hype Bank Brings BTC to Residents of ItalyItaly has been hit hard by the ongoing pandemic, with death and infection rates now comparable to those in China. It is arguably the hardest hit region of Europe. The country is now warning of a hardcore recession, and many may find it hard to garner the funds they’ll need to ensure their survival...

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Telegram Loses Latest Battle Round with the SEC Over Gram Tokens

Encrypted messaging service Telegram is putting up a fight with the Securities and Exchange Commission (SEC).Telegram Is Duking It Out with the SECThe company is in hot water after the government organization claimed Telegram had failed to properly register a token offering a few years ago that resulted in more than $1 billion in revenue for the messaging service. The enterprise made quite a bit of money after promising delivery of its new “gram” tokens to several individual investors, though...

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Saudi Arabia Calls for Urgent OPEC+ Meeting to Stabilize Global Oil Prices

Saudi Arabia has called for an urgent meeting with all the OPEC members and the non-OPEC oil producers to stabilize the global oil prices. After the news, the oil price jumped almost 25%.The Saudi Arabia government has called for an urgent meeting of OPEC and a group of non-OPEC countries to try and reach a fair deal to restore balance to the oil prices. The news which was conveyed through the state news agency SPA has been revealed today on Thursday. As a result, oil prices jumped almost...

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Has Luck Run Out for Bitcoin This Year?

Bitcoin has taken another turn for the worse and is presently trading at approximately $6,160 at the time of writing.Bitcoin May Not Have a Good Year in 2020Both crypto ad stocks have fallen further after U.S. President Donald Trump warned that the first two weeks of April could be very difficult for Americans, bringing more coronavirus-related deaths and further damage to the country’s financial and economic infrastructures.But for the most part, this is still short-term damage. Everything...

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AMZN Stock Rises 0.89%, Jeff Bezos Is Urged to Close Amazon Warehouses Hit by Coronavirus

Amazon is at a critical time currently due to the coronavirus as it has hit some of the firm’s warehouse with staff testing positive. Amazon (AMZN) stock price is very unstable these days.As novel coronavirus continues to bit deep into the global economy, Amazon.com Inc (NASDAQ: AMZN) stock was dwindling plunging on Wednesday to begin rising again on Thursday, 2nd April. Now it is 0.89% up and is trading at $1,920.20.Apart from Amazon (AMZN) stock, the firm itself is at a critical time...

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New 6.6M Unemployment Claims in U.S., Wall Street Opened Mixed, Rose and Fell Again

The Dow Jones dropped over 100 points on Thursday shortly after the start of today’s session as the Labor Department reported that initial jobless claims in the United States doubled to 6.6 million last week.Shares on Wall Street started the session on Thursday mixed after the Department of Labor released defeating data on a record 6.6 million people in the United States filing for unemployment benefits last week amid the coronavirus pandemic.The report showed that the figures for the week...

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Zoom (ZM) Stock Is Over 8% Down amid Privacy Issues, ‘Zoom Bombing’ Attacks

Zoom (ZM) stock is falling continually in the past several days after ‘Zoom Bombing’ hackers attacked its video conferencing service but investors are confident the stock will rise in the long-term.The current uncertainties in the global markets due to the coronavirus pandemic have affected stocks differently. After many governments issued stay-at-home orders, Zoom Videos experienced a surge in activities as people strived to work from home. In that connection, Zoom Video Communications Inc...

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U.S. Oil Jumps Over 20% on Possible End to Saudi Arabia-Russia Price War

U.S. oil prices jumped 10% to clinch above $22 per barrel on Thursday after President Donald Trump said the oil price tag war between Russia and Saudi Arabia may come to its end soon.After closing the first quarter of 2020 on the worst fall, U.S. oil prices have shown signs of recovering amid the coronavirus crisis. This is after the United States President Donald Trump said that he expects Russia and Saudi Arabia to come to a common agreement on their differences.Saudi Arabia, an OPEC...

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