According to the second-quarter earnings result released, Target reported the strongest gain in comparable sales of 24.3%. TGT stock is 12% up today.
Amazon continues to outperform other companies in its sector surging close to its all-time high. Analysts predict a stock split that could encourage participation from young investors, millennials, and GenZ traders.
After Trump’s executive order directing TikTok parent company ByteDance to sell its U.S. business in 90 days, Microsoft and Oracle are said to be competing to purchase the Chinese video-sharing app.
Walmart’s e-commerce sales in the U.S. shot up by 97%. The retailer’s U.S. same-store sales grew by 9.3% in the second quarter, fueled by purchases of food and general merchandise.
Having become the fourth-richest person in the world, Musk is remaining behind Facebook’s Mark Zuckerberg ($99 billion), Microsoft’s Bill Gates ($121 billion), and Amazon’s Jeff Bezos ($188 billion).
The U.S. stock market looks quite optimistic these days. The S&P 500 index bounce is fueled by individual stock performance.
Dan Ives from Wedbush raised his price target for Tesla to $1,900 from $1,800. Today TSLA stock is in the green today.
Goldman Sachs strategists have set a new price target for the S&P 500. Up by 20% from its earlier target, the revised target is pegged at 3,600.
Amazon stock is likely to see a new ATH or drop, after consolidating around $3176 for the past month. German watchdog has launched Amazon third-party seller investigation.
Sanofi will acquire all of the outstanding shares of Principia biopharma for $100 per share in cash, a price that represents an aggregate equity value of approximately $3.68 billion on a completely diluted basis.
The shares of iQIYI plummeted on Thursday and the after-hours trading following a fraud investigation by the SEC into the Baidu-backed firm.
Along with the 5G-enabled iPhone 12, Apple plans to launch new services bundles platform called “Apple One.”
Following the Q2 2020 earnings report, Lyft stock fell. On August 12, it closed 0.42% down, at $30.52 per share. In the pre-market trade today, it slightly declined.
Announcing its stock split, Tesla said that they were looking to make its shares more accessible to employees and small investors.
Moderna inked a $1.525 billion deal with the U.S. government for the supply of 100 million doses of its promising mRNA-1273 vaccine. MRNA stock is up in the pre-market.