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Tag Archives: Stocks

Dow Jones Drops 280 Points Dragging Down Stocks as Coronavirus Fears Rise

Dow drops 280 points, stocks down thanks to coronavirus panic in the U.S. investors pour cash into treasuries and gold. Market analysts predict corporate and personal income fall in the next months. Favipiravir needs tests to cure coronavirus.Chinese people are fighting the virus in a closed source model and many people keep their concerns regarding the coronavirus spreading. The Dow Jones Industrial Average falls, and experts claim that stagnation is coming.COVID-19 is not as deadly as some...

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Warren Buffett Finds ‘Elephant’ with Giant Stake in Apple (AAPL) Stocks

Over the last few years, the giant stake in Apple (AAPL) stocks acquired by a prominent investor Warren Buffett has paid off significantly with more than 80% returns.Warren Buffett‘s Berkshire Hathaway Inc. (NYSE:BRK.A) (NYSE:BRK.B) is an investment behemoth with a great ability to select the right purchases. Regardless of the general volatility in most financial markets, Berkshire Hathaway has pulled in significant results from its investments over the last couple of years. Last year, Warren...

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Tesla (TSLA) Stock Has Big Bull on Wall Street as Tesla Cybertruck Orders Surpass 500,000

The Cybertruck Owners Club has provided good evidence that as of February 18, Tesla has booked pre-orders for approximately 535,000 of these vehicles translating to 5,873 pre-orders daily. TSLA stock is in green.The Tesla Inc. (NASDAQ: TSLA) stock has been rising continuously since the start of the year, even earning Elon Musk billions within hours, as we published earlier. Musk is yet to update Cybertruck pre-orders since late November 2019, when they reached 250,000. However, the Cybertruck...

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Apple (AAPL) Stock Down 1% as Company Wants to Let Users Switch Default iPhone Apps to Rivals

Apple is reportedly set to give iPhone users the opportunity to install third-party apps as default for mail and browser. AAPL stock loses 1%.The iPhone’s operating system is known to be quite closed. While it is not reduced in functionality, Apple (NASDAQ: AAPL) controls pretty much all of the default apps that are pre-installed on the iPhone. This decision by the tech giant has ensured a certain level of monopoly with its products but has angered many other projects that design applications...

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Davis Selected Advisors Prefers Intel (INTC) Stock to Microsoft (MSFT)

As part of its portfolio reshuffling strategy for 2020, investment giant David Selected Advisors decided to dilute its stake in Microsoft (MSFT) while simultaneously seeing a strong potential and increasing its stake in the Intel (INTC) stock.Since the beginning of 2020, the markets have been soaring massively making fresh highs every week. Earlier this week on Wednesday, both S&P 500 and Nasdaq made their record highs. While the Dow Jones Industrial Average (DJIA) continued to soar a...

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Virgin Galactic (SPCE) Stock Rises in 310% Rally to Outperform Tesla (TSLA)

In the past three months, Virgin Galactic (SPCE) stock has climbed 310%, outperforming Tesla (TSLA) and Apple (AAPL).These days, Richard Branson’s Virgin Galactic Holdings Inc (NYSE: SPCE) is the most frequently mentioned company in headlines of tech news. And hot discussions around its activity are no wonder as the company’s stock shows incredible movements. Virgin Galactic (SPCE) stock rises, with shares of the company nearing $40. The company’s stock has climbed 310% in the past three...

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Elon Musk Celebrated Valentine’s Day by Purchasing $10M Worth of Tesla (TSLA) Stock

As part of the of its $2.31 billion worth of stock offering, Musk himself purchased 13,307 TSLA shares at a price of $767 per share worth a total of $10 million. Elon Musk raising his stake in Tesla is a vote of confidence for the investors.On Wednesday, February 19, electric car maker Tesla Inc. (NASDAQ: TSLA) revealed the closure of its common stock offering in the open markets. Soon as the announcement came, the TSLA stock skyrocketed above $900 levels in just a few trading hours.In the...

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Tesla (TSLA) Stock Hits $917 as Company Closes Its $2.31 Billion Stock Offering

Tesla successfully manages to raise $2.31 billion in a stock offering after the TSLA stock saw a massive run-up to above $900 levels on Wednesday, February 19. The company plans to use these funds by making investments in Europe.On Wednesday, February 19, electric car maker Tesla Inc. (NASDAQ: TSLA) made an important announcement by closing its common stock offering. Just a week after its first announcement, the American automaker netted a whopping $2.31 billion in the offering.The company...

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Alphabet (GOOGL) Stock Rises to $1,524.87 as Google Cloud Buys Cornerstone Technology

While Google Cloud is buying Cornerstone Technology and expanding profits, the eyes of investors are aimed at the Alphabet (GOOGL) stock price and tech giant’s financial reports.Google Cloud buys Cornerstone Technology company to boost the development of cloud computing, AI and similar tech. CEO Google Cloud Thomas Kurian is very happy with the announcement, as Microsoft Corporation (NASDAQ: MSFT) and Amazon.com Inc. (NASDAQ: AMZN) kept their upholstered offers ready. Now, Alphabet Inc....

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New Picks: S&P 500 and Nasdaq Hit Records, Dow Is Up Over 100 Points

S&P 500 and Nasdaq Composite, as well as Dow Jones Industrial Average index, have set new records as tech stock has jumped. Some stocks, like Virgin Galactic (SPCE), are also in green.On Wednesday, the major stock market index rose to record highs, which means the largest companies listed on stock exchanges in the United States have shown good stock performance. In particular, tech shares have outperformed all the expectations. Prime examples that demonstrate bullish moods are S&P...

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