Wednesday , June 29 2022
Home / Tag Archives: Stocks (page 10)

Tag Archives: Stocks

Big Five Tech Companies Lost $1.3 Million in Combined Market Cap Over the Last Month

Top-five tech companies (Amazon, Apple, Alphabet, Microsoft and Facebook) have corrected anywhere between 25-30% over the last month’s global market crash. These companies have entered an official bear market after leading the 11-year bull market after the 2008 financial crisis.As on March 19 closing on the indices, the big five tech companies have lost a combined market cap of $1.3 trillion. These big five giants include Alphabet Inc (NASDAQ: GOOGL), Apple Inc (NASDAQ: AAPL), Microsoft...

Read More »

Amazon (AMZN) Stock Rises 2.78%, Amazon Prime Pantry Temporarily Closes Due to Coronavirus

Amazon’s business appears to be thriving these days. At the same time, hovering around $1,800 per share, Amazon (AMZN) stock is down about 17% from its recent high.Since coronavirus took its course, so did stock markets. Amazon.com Inc (NASDAQ: AMZN) stock has been pushed down together with the rest of the market. However, it seems the company has some secret cards in its sleeve. For now, when we look at the cash flow basis, the stock looks like a great buying opportunity. Yesterday, AMZN...

Read More »

Moderna (MRNA) Stock Down 10.48% after FDA Commissioner Comments on Vaccine Timeline

Moderna (MRNA) stock tanked by 10.48% on Thursday. The slide followed FDA Stephen Huhn’s statement that the COVID-19 vaccine is at least a year away.After a short upward, Moderna Inc (NASDAQ: MRNA) stock has plunged. Yesterday, it closed at $28.27, 10.48% down from the previous mark. Before, Moderna stock had a sweet period, albeit short, accompanied by the positive coronavirus news.Moderna (MRNA) Stock PriceOn March 16, the biotech company dosed the first patient in a study of its...

Read More »

Dow Futures Add 4% Today, S&P 500 and Nasdaq Futures Are Also in Green

Dow Jones futures and S&P 500 futures have changed little this morning, while Nasdaq futures rose modestly after California issued a “stay-at-home” order to slow the Covid-19 spread.U.S. stock futures started good on early Friday morning, showing potential for a positive opening after an also positive Thursday session. Investors are obviously still watching over coronavirus developments. The Donald Trump administration proposed an $850 billion stimulus package to stabilize the economy,...

Read More »

Coronavirus Vaccine Stock: Gilead Sciences or Moderna?

Let’s have a closer look at Gilead Sciences Inc (NASDAQ: GILD) and Moderna Inc (NASDAQ: MRNA) stocks as the companies are working on possible coronavirus vaccine.In the race for a coronavirus vaccine, two horses battle for the lead, Gilead Sciences Inc (NASDAQ: GILD) and Moderna Inc (NASDAQ: MRNA). As a result, a lot of speculation on the booming of their stock prices has been in the mainstream media, since the outbreak of the deadly virus.Gilead Sciences is an American public biotech company...

Read More »

Walmart (WMT) Stock Hits New Record, Adds 2.78% While the Whole Market Is in Red

For Walmart, the coronavirus outbreak has taken a beneficial turn, as the demand for some categories of goods and the number of deliveries have notably increased. This week, Walmart (WMT) stock cleared the 125.48 buy point.While the whole market is in the red because of coronavirus, Walmart Inc (NYSE: WMT) stock maintains its position. Moreover, it has managed to jump and reach a new high.On Wednesday, Walmart (WMT) stock got a second upgrade this week and cleared the 125.48 buy point. It...

Read More »

Amazon (AMZN) Stock Rose 1.23% Yesterday, Stock Has ‘Buy’ Rating

An Amazon spokesperson said online shopping has surged as coronavirus spreads, and it is out of stock on some household staples and medical supplies. AMZN stock is moving higher.Amazon.com Inc (NASDAQ: AMZN) seems to be an interesting choice nowadays. Recently it has been upgraded to a Zacks Rank #2 (Buy). That means that it is expected earnings to rise and, therefore, stock price as well. At the time of writing at 5:27 am ET in premarket the stock was rising by 1.58% to $1,859. Yesterday,...

Read More »

Dow Futures Plummet Another 300 Points, ECB Reveals Massive Stimulus Package

Dow Futures, as well as the market in general, are very unstable these days. The ECB announced a new Pandemic Emergency Purchase Programme to support the European economy.Yet another sad day in Wall Street as investors see their portfolios decline by the day. The Dow futures dropped 300 points during the early Thursday trading hours. The Dow Jones Industrial Average futures, which is a major U.S. stock index was 352 points lower as off 2.43 a.m ET, this implies an opening drop of 248.92...

Read More »

TSLA Stock Down Antirecord 16.03% after Tesla Factory Shutdown Order

On Tuesday, the Bay Area’s local sheriffs’ department ordered the Tesla factory shutdown, but the plant with its 10,000 employees is still operating. TSLA stock is down.One would think that Tesla Inc (NASDAQ: TSLA) stock has already been to the lowest possible level. However, it still continues sliding, reaching the price below $400. Yesterday, TSLA stock closed at $361.22, 16.03% down. This anti record movement resulted not only from coronavirus that has undermined the whole market but also...

Read More »

Tim Draper: BTC Will Revolutionize Every Industry

No matter how poorly bitcoin appears to be doing as of late, there are always fans and enthusiasts that seem to back it up, and venture capitalist Tim Draper is among the most prominent.Tim Draper Continues to Push BTCDraper has always been an avid supporter of bitcoin, purchasing several of them about six years ago following a bitcoin auction of Silk Road founder Ross Ulbricht’s crypto stash. In addition, Draper has always been adamant that bitcoin will reach six-figure status and has gone...

Read More »