Tag Archives: Technology

Boeing seems to be fragile at the moment, a great number of 737 Max orders are canceled. BA stock is falling.Boeing Co (NYSE: BA) may face a tough year ahead, its stock is seriously down. This is because of the recent scrapped orders for its 737 Max. Sources report that the planemaker suffered a greater number of plane cancellations in February. This is also coming as the company is facing market scrutiny after two crashes of its greatest selling plane last year.Across the board, orders were...

Despite a fall of Tesla (TSLA) stock by 1.72% on Wednesday and by 7.88% in the premarket today, the company is now ranked highest-valued U.S. industrial company after overtaking Boeing.Tesla Inc (NASDAQ: TSLA) made headlines on Wednesday after its market capitalization hit $114 billion, surpassing the value of Boeing Co (NYSE: BA) which is at $110 billion. This now means Tesla is the company that is ranked the highest U.S. industrial company in terms of capitalization. However, the stock...

The coronavirus is negatively influencing the markets. Though Apple (AAPL) stock was moving up yesterday, today it is falling again.Apple Inc (NASDAQ: AAPL) stock has jumped by about 7.2% in the markets on Tuesday. This comes after the stock had faced a rough time at the markets due to COVID-19 issues. The Cupertino California giant has had it rough this year when it comes to the numbers. This comes as the big tech companies have been hammered recently. Sources say iPhone sales fell to about...

Tesla CEO Elon Musk announced that the company has plans to expand its production in the U.S. Cybertruck and Model Y factories are to be opened there.Tesla Inc (NASDAQ: TSLA) Co-Founder and CEO Elon Musk went to Twitter to announce that the company is set to open a Tesla Cybertruck gigafactory in the central USA, while Model Y production set for the east coast. It is a bold move to invest billions of money at these uncertain times headed by coronavirus stock panic.Scouting locations for...

While TSLA stock is quite unstable these days, Tesla has announced its new plans for its production activity in China.Tesla Inc (NASDAQ: TSLA) stock rose by 6.14% by Wednesday to trade at $644.81 while there were revealed the company’s plans to increase its production capacity in China. The stock market had been bleeding out due to the sharp decline in crude oil prices that hit the market caused by the ongoing coronavirus outbreak. Since Monday, Tesla (TSLA) stock nosedived after the release...

Elon Musk has announced that Tesla has now produced 1 million vehicles. Tesla (TSLA) stock positively reacted to this announcement and jumped almost 10% in the premarket.As many companies decry the current state of the market, some are still finding ways to weather the storm. The world’s biggest firms including Apple Inc (NASDAQ: AAPL), Amazon.com Inc (NASDAQ: AMZN) and Tesla Inc (NASDAQ: TSLA), have seen record plunges in recent times, because of the coronavirus pandemic. Tesla, however, is...

Call of Duty authors are launching a new battle royale game Warzone that will try to bite off a market share from Apex Legends, Fortnite, PlayerUnknown Battlegrounds, etc.Developed by Activision Blizzard Inc (NASDAQ: ATVI), Call of Duty: Warzone will put the players in front of complex military tasks. Its battle dynamics looks neat and the game is set to engage players thanks to huge gaming maps, a ton of different weapon and improved graphics.Call of Duty: Warzone will be available on PC, X...

Last week major stock and cryptocurrency trading app Robinhood experienced a major outage. On March 9, it went offline again.The Robinhood app went offline again. This comes as the fintech app reportedly ceased to function. Sources say that this is the second time this has occurred. This puts the commission-free trading app in a position where losses are mounting. Already various social media show that some users are migrating to other platforms. Goodbye #RobinHood ✌?...

While Facebook (FB) stock is experiencing not the best times, the company takes contingent plans for the future by adding two female board members.Facebook Inc (NASDAQ: FB) stock fell 6.40% on Monday drastically ending the hopes of recovering any time soon. The stock traded below $170 for the first time since the calendar flipped, and retested September 2019 strong support level. However, it did not respect the level as it has continued to show signs of falling further in the near future. The...

Virgin Galactic (SPCE) stock does not differ from other tech shares in yielding to the influence of negative events. It lost 10.29% on Monday. At the same time Musk worries that SpaceX won’t fo to Mars before he dies.Following the beginning of the oil price war, crypto and stock markets have started a downward movement. Bitcoin and other cryptos’ prices rapidly dropped, the market capitalization also tanked. Stocks of tech companies have suffered as well. We have already reported on Tesla Inc...