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Tag Archives: Wall Street

Some Stocks Like Netflix (NFLX), Facebook (FB), Amazon (AMZN) Could Outlast Coronavirus

MKM partners prepared a list of stocks that may have the greatest chance of doing well during the times of the coronavirus. The list includes AAPL, FB, NFLX and others.Some all-weather stocks could lift investment portfolios even amid coronavirus. This comes at a time when markets are plunging. While this isn’t investment advice, these stocks could help mitigate the risk associated with sideways markets. Here’s the kicker: most of them have something to do with serving home-based services....

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Dow Futures More Than 600 Points Down in Premarket amid Coronavirus Panic

Fear over the spread of the coronavirus tightened its grip on global stock markets. The indexes clearly reflect the situation. In the premarket Dow Futures lost over 600 points.The massive coronavirus-induced sell-off on Wall Street continued in premarket trade on Friday with the Dow Futures dropping over 600 points.Treasury yields continued to slide with the yield on the 10-year note falling below 1.20%. Meanwhile, oil prices declined for the sixth consecutive session.After losing nearly...

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AAPL and MSFT Stock Down around 7%, Coronavirus Fears Drive Tech Shares Crazy

Tech stocks are negatively influenced by the coronavirus and are falling seriously. The most significant drops were demonstrated by AAPL and MSFT yesterday.Most of the tech stocks fell yesterday notably.First, it was Microsoft Corporation (NASDAQ: MSFT) that said it will not meet its guidance.Microsoft (MSFT) and CoronavirusPrecisely, it wrote, quite worrying letter to investors in which it says:“Because of closely monitoring the impact of the COVID-19 health emergency, for the third quarter...

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TSLA Stock Losses 12% as Tesla Sales Fall in China Despite Start of Local Production

While Tesla (TSLA) stock has fallen sharply over the last week, shares are still up 230% over the past six months. At the same time, the sales of Tesla’s vehicles in China are falling.Tesla Inc (NASDAQ: TSLA) stock dove over 12% on Thursday after it was announced that its car registrations in China almost halved in January compared with December 2019.It said:“Citing state-backed China Automotive Information Net, which gathers industry data based on insurance purchases, Bloomberg reported...

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Moderna (MRNA) Stock in Mad Scramble: Shares Soared, Stumbled and Tanked

On Thursday, Moderna (MRNA) stock was on a wild ride. Just in a few hours, it skyrocketed, continuing its previous growth, then halted, and fell. Now in the pre-market, it has started to gain again.Again revisiting the situation on the market which is currently so volatile that it seems impossible to keep track of all rapid changes taking place. A prime example of chaos in the stock market is Moderna Inc (NASDAQ: MRNA). On Thursday, just in a few hours, Moderna (MRNA) stock skyrocketed,...

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Gilead Sciences (GILD) Stock Surges after Launching Phase 3 Studies for Coronavirus Treatment

Gilead Sciences (GILD) stock surged and reached an all-time high after the company confirmed the launching of phase 3 studies of coronavirus treatment.Gilead Sciences Inc (NASDAQ: GILD), an American biotech company that specializes in researching, developing and commercializing drugs, has seen its stock surge after it announced the launching of phase 3 studies for naval coronavirus (COVID-19) treatment. The stock price broke a very critical resistant level at $68 to trade above $70.Amid the...

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Dow Jones Plunged 1000 Points as CDC Warns of Possible Coronavirus Outbreak

The global markets have been bleeding for the fourth straight day in a row after the U.S. Health officials warned against a possible coronavirus outbreak. In just four days the S&P 500 has crashed over 10% registering its fastest crash to date. Dow has lost 1000 points.Things are clearly not looking good for the global markets as threats of a global coronavirus outbreak intensifies. On Thursday, the Dow Jones dropped 4.5% over 1000 points dragging down several bluechip stocks as well!On...

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Aston Martin Sales Drop amid Coronavirus, Company Promises to Offer DBX SUV Customization

The sales of Aston Martin are falling as well as the price of the AML stock. However, the company hopes to survive. It also plans to offer wide freedom in customization of its DBX SUV.The sales of Aston Martin Lagonda Global Holdings PLC (LON: AML) have dropped. Sources indicate that the company is in distress yet again. It is also reportedly on the brink of bankruptcy. The stock of the company has fallen by about 10% since the company announced this. The company has indicated that it will...

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TSLA Stock Down 2%, Panasonic Ends Solar Partnership with Tesla

Panasonic has announced that it will cease solar manufacturing operations at the Tesla factory by the end of May. The TSLA stock price is falling.The technological company Tesla Inc (NASDAQ: TSLA) decided to abandon its work on making solar cells with the Japanese electronics company Panasonic Corporation (TYO: 6752).Tesla (TSLA) stock yesterday lost 2%. And it continued falling. At the premarket trading, it lost around 5.6% and fell to $735. The market cap is 143.602 billion.Tesla and...

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Microsoft (MSFT) Stock Down 2% as Company Warns Coronavirus May Impact Q3 Earnings

Microsoft (MSFT) stock fell 1.76% in pre-market trading on Thursday, a day after the company said it doesn’t expect to meet the quarterly revenue guidance it previously provided for the segment that includes Windows.Microsoft Corporation (NASDAQ: MSFT) said on Wednesday it probably will not meet the quarterly revenue guidance due to the coronavirus it previously said it will. In the official statement, the company said that on January 29, as part of its second quarter of the fiscal year 2020...

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