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Tag Archives: Stocks

Apple (AAPL) Stock Rose 4.64%, Analyst Predicts iPhone 12 ‘Supercycle’ Thanks to 5G

As Apple stock rises to correct its market plunge, an analyst has confirmed that the company’s upcoming 5G iPhone 12 will ensure a bull run. AAPL was up yesterday but started falling in the premarket.Long after it’s over, the world will remember the coronavirus epidemic as one of the most worthy adversities the stock market faced in 2020. Several stocks are having a terrible time maintaining proper health as the virus continues to rage on. In addition to this, the immediate outlook isn’t very...

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Facebook (FB) Stock Gained 3.16%, Facebook Confirms Contractor Tested Coronavirus Positive

Facebook has announced that one of its contractors is infected with the coronavirus. Though FB stock gained yesterday, it is falling in the premarket.Facebook Inc (NASDAQ: FB) reported that their worker, from Seattle headquarters, has been diagnosed with the coronavirus. This is the first known infection inside the company. Meanwhile, Facebook (FB) stock is not going to lose its positions, though in teh premarket it is down.The employee has been in Facebook’s Stadium East office in Seattle on...

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Get Ready Tesla: GM Stock Rose 3% Yesterday, GM Touting a 400-Mile Range for EVs

GM says its battery technology will allow electric cars to travel 400 miles on a single charge without compromising driving performance. GM reacted positively, having gained over 3% yesterday.Chief Executive of General Motors Company (NYSE: GM), Mary Barra, announced on Wednesday that the company plans to invest $20 billion in the development of electric and automated vehicles. The investment should be through by 2025 and it’s meant as a direct challenge to Tesla Inc (NASDAQ: TSLA). This...

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Inovio (INO) Stock Rises 7.72%, 1 Million Coronavirus Vaccine Doses Expected by Year End

Inovio(INO) stock is enjoying the rally as it put on almost 8% weight days after it announced that it will be speeding up plans for its coronavirus (COVID-19) vaccine.There are a few biotech companies currently working on treating the new coronavirus COVID-19 strain. For these companies right now, nothing is more important than giving the world a solution to either treat or prevent new cases of the virus, via a vaccine. While there is considerable progress being made by these firms, Inovio...

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Moderna (MRNA) Stock 3.6% Down in Premarket, CEO Says Coronavirus Vaccine to Be Affordable

Moderna (MRNA) stock has fallen since the last week’s announcement of a possible vaccine for COVID-19. Its CEO has indicated that the prices for the coronavirus vaccine will be affordable.Moderna Inc (NASDAQ: MRNA) stock remained low. It lost 1.5% yesterday and today in the premarket it is nearly 4% down. This comes as the CEO of the biotech startup has indicated that the company’s COVID-19 vaccine will be affordable. Sources report that Stephane Bancel said that the price will be within the...

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Tesla (TSLA) Stock 0.54% Up Despite Downgraded Model 3 Chip in China amid Coronavirus

Tesla Model 3 cars underperformed customers’ expectations. According to buyers, the hardware in Model 3 vehicles was the 2.5 version as opposed to the 3.0 version the company promised. Tesla (TSLA) stock was up on Wednesday.Tesla Inc (NASDAQ: TSLA) stock is like a balance-wheel. A couple of weeks ago, shares were beating their own records several times. Then, as coronavirus was gathering speed and scale, TSLA stock plunged. Now, Tesla (TSLA) stock rises again.On Wednesday, Tesla shares ended...

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3M (MMM) Stock Rises 6.02% as HHS Clarifies U.S. Has about 1% of Face Masks Needed

To combat the pandemic-like situation with coronavirus spread, the Trump administration has ordered 35 million monthly N95 face masks from industrial giant 3M. The company has ramped up the production. 3M (NYSE: MMM) stock is up.The concerns of the coronavirus spread are rising every-single-day and the U.S. doesn’t seem to be prepared. On Wednesday, the Department of Health and Human Services clarified that the U.S. has only about 1% and not 10% of the N95 respirator masks. Such a situation...

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Bitcoin Drops After the Fed Slashes Interest Rates

After recently writing that bitcoin – as well as other assets – were potentially back on track and pulling themselves out of the doldrums, the Fed has decided to slash rates as a means of combating negative market effects from the coronavirus, resulting in further drops for both the world’s leading cryptocurrency by market cap and for various stocks.Bitcoin Now Has New Reasons for SufferingThis seems to be a running theme over the past few weeks. Bitcoin rises and falls, as do the stocks....

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Facebook (FB) Stock Falls 5.37%, Company Offers Free ‘Coronavirus’ Ads to WHO

Facebook will provide free advertisements to the World Health Organization as it seeks to ensure users are not misinformed about the coronavirus. FB stock was down yesterday but started to grow in the premarket.As the coronavirus spreads on a pace nobody even could imagine (94,192 infected, 3,219 dead), more and more companies are joining forces to help prevent further damage. Among them is one of the widest spread social media in the world – Facebook Inc (NASDAQ: FB).Yesterday FB lost over...

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Amazon (AMZN) Stock Down 2.3% on Tuesday, Amazon Employee Infected with Coronavirus

An Amazon employee in Seattle tested positive for COVID-19. Amazon stock (AMZN) lost over 2% on Tuesday but started gaining again in the premarket.Amazon.com Inc (NASDAQ: AMZN) announced yesterday that one employee who works in one of its Seattle, Washington, offices has been tested positive for the coronavirus.After the news, the Amazon (AMZN) stock price lost 2.3% and fell to 1,908.99 amid coronavirus. Now in the premarket, AMZN is 1.99% up. Its price is $1,947.The company told the...

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