Tag Archives: Stocks

Moderna (MRNA) stock price has risen at the possibility of having a new coronavirus vaccine by the fall of this year. Trials are expected to have been completed in two months’ time.Moderna Inc (NASDAQ: MRNA) stock price has risen slightly today. The stock price is up to $28.11 +0.98 (3.61%) intraday. This rise in stock price is attributed to the expected positive results from the Moderna COVID-19 vaccine. The first results could be available in two months. Analysts believe that the trials...

U.S. stock market led by the Dow futures turned positive despite the negative data on jobless claims that shot to historic figures of more than 3 million. The number of jobless claims even surpassed the Great Recession peak of about 695,000.During the early trading hours on Thursday, the U.S. stock futures led by the Dow Jones showed signs of recovering, despite the initial release of jobless claims that recorded the worst in recent history. As a result of the ongoing coronavirus, layoffs...

Visa (V) and Mastercard (MA) stock prices have risen boosted by the hopes that the stimulus bill from the U.S. government gives. However, a long-term trend may be in the offing as COVID-19 creates a new order of things.Visa Inc (NYSE: V) and Mastercard Inc (NYSE: MA) stock prices have risen recently. Sources say that the stock prices of the payment services giants have been a beacon of hope as financial markets sway due to COVID-19.At the time of filing this report, Mastercard (MA) stock...

Zoom Video Communications (ZM) shares fell 15% to hit $135.18 on March 25. Although having risen over 100% in the past year, the sudden fall is being attributed to President Trump calling on businesses to resume. Today, ZM stock is up again.Zoom Video Communications Inc (NASDAQ: ZM) shares are among the stocks which have been defying the gravitational pull from the coronavirus pandemic. The company which offers remote conferencing services has seen an uptick in the use of its services, as...

Tesla stock’s rebound makes us believe that Tesla shares are now a good investment. At the moment of writing, TSLA stock is trading at over $545.After a long downfall, Tesla Inc (NASDAQ: TSLA) stock rises again, which allows investors to believe in the car manufacturer’s long-term prospects. Today, its price has been $521.50 or 3.27% up at the opening. At the moment of writing, it is even higher, $549.14. Tesla stock has added $44At the beginning of 2020, Tesla witnessed heavy trading volumes...

The crypto industry is looking alive again as bitcoin and several other coins surged on the news that Congress is close to reaching an economic stimulus package deal.Bitcoin Is Firing on All CylindersAt the time of writing, bitcoin has shot beyond the $6,600 mark – roughly $400 higher than where it stood yesterday, while all the top ten currencies in the crypto arena have shot up by anywhere between three and seven percent.Congress has been pushing a $1 trillion economic stimulus package that...

Is Amazon (AMZN) stock still the king of the markets? Only time will tell us as the world goes topsy-turvy due to COVID-19.Amazon.com Inc (NASDAQ: AMZN) stock on a normal day used to be a “must-buy” for many investors. Today, the stock could as well rule the markets. The COVID-19 pandemic has sent markets south to incredibly new lows.This has created a new paradigm. Top-performing stocks are difficult to spot and the losers are everywhere across the board. The volatility of the markets has...

Because of COVID-19, consumer demand for advertising (30% to 45% of Facebook’s total revenue) has fallen. Facebook (FB) stock has also suffered. Today, it has opened at $158.92.Facebook Inc (NASDAQ: FB) stock is suffering as the coronavirus continues its spread and badly affects the market. On Tuesday, the Facebook stock closed at $161.23 and further dropped in the after-hours sales. Today, it has opened at $158.92 but already tanked by 3.33%. At the moment of writing, the Facebook stock...

While Apple stock has corrected nearly 32% in just the last month, analysts point out at its strong fundamentals and multiple revenue streams and say it is a good bet at the existing valuations.On Tuesday, March 24, the U.S. stock markets recovered significantly after some fiscal stimulus measures the previous day. Smartphone giant Apple Inc (NASDAQ: APPL) also showed yesterday a solid 10% plus recovery with the company reclaiming its trillion-dollar valuations. On Tuesday closing, the Apple...

Nike reported quarterly earnings that have topped analysts’ expectations boosted by the company’s digital business and its success in North America. Nike stock is over 10% up today.On March 24, Nike Inc (NYSE: NKE) reported its earnings that topped analysts’ expectations, its stock reacted to the news. The quarterly earnings beat expectations due to a boost that came from the company’s digital business and significant growth in North America. These developments helped mitigate weakness in...