Tag Archives: Wall Street

Tesla (TSLA) stock is the most shorted stock on the market. Over the last seven days, its short-sellers made $1.1 billion. It runs neck-and-neck with Apple.While coronavirus is devastating the market, Tesla Inc (NASDAQ: TSLA) stock is still number one among most shorted stocks. According to fintech company S3 Partners, over the last seven trading days, short-sellers made a total of $51.3 billion. $1.1 billion of the mark-to-market profit belongs to Tesla’s short-sellers. However, the gains do...

Dow is set to drop nearly 600 points as coronavirus fears spread across Wall Street and the California state. Wuhan’s report claims a 36-year man died at home after he was cured of coronavirus at the hospital. Wuhan still has trouble with virus elimination.According to the recent report, the Chinese government is not able to hold the coronavirus in the center of Wuhan. A new spike of contaminations shows that the infection continues spreading across the city. In mainland China, the daily...

Some new evergreen stocks could become a new choice for investors. Moderna (MRNA), Gilead Sciences (GILD) and Co-Diagnostics (CODX) are also expected to change the game for coronavirus.New evergreen stocks could emerge as a result of the coronavirus crisis. These stocks have won such a status as global markets have tanked following the outbreak of COVID-19. The gaps created by coronavirus has caused the global economy to come to a standstill. This has affected the businesses all over the...

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...

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...

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...

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...

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...

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...

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...