Following an $18 billion loss in 2019, SoftBank Vision Fund added nearly 3 billion. The increase is turning SoftBank’s books around.
Following Trump’s newly signed orders, Dow climbed over 350 points while S&P 500 nears an all-time high with its recent gain.
JPMorgan strategist team goes bullish on small and midcap stocks of firms with good balance sheet post-COVID-19, singles out Maisons Du Monde.
Apple Inc. (NASDAQ: AAPL) CEO, Tim Cook, has seen his wealth surge and achieved a dollar billionaire title. AAPL shares have been on the rise despite negative impact on its global smartphone shipments by coronavirus pandemic.
Investors are bullish on Nintendo Stock following the gaming giant’s Q1 earnings reports with a 428% boost in revenue.
General Motors Co. (NYSE: GM) on Thursday unveiled its all-electric Cadillac Lyriq which is expected to be in the US showrooms by 2022. The company says the Cadillac Lyriq will compete with existing EV brands in the market.
Uber reported Q2 results including revenue that managed to beat analysts’ expectations but declined by 29% to $2.18 billion from $3.17 billion during the same period last year. Uber stock is down after hours.
Amazon presently has a market cap of $1.61 trillion. In the last 12 months, the company’s stock has over 74%.
Sea Ltd (SE) stock has become the fastest-growing high-cap investment on Wall Street after posting impressive 18 months gains of 880%.
According to Pompliano, Bitcoin already represents a digital version of gold. Comparing gold and Bitcoin markets, Pompliano noted that the later will eventually become a bigger one.
The U.S. government has reached a deal with Johnson & Johnson to secure 100 million doses of its experimental coronavirus vaccine. JNJ stock is up.
Moderna said that it’s on track to finish enrollment for a phase 3 study of its vaccine by the end of September. The company reported a fivefold increase in its Q2 revenue to $66.4 million.
Yesterday Sony (SNE) stock closed with a 2.58% increase, at $83.37. However, today Sony stock is 2.42% down, trading at $81.36.
Scientists have Novavax’s vaccine results to be impressive and exemplary. If the company gets more leads going ahead, it promises of producing 100 million doses by the start of 2021.
Xpeng Motors, a Chinese electric car manufacturer reportedly raised $400 million ahead of an initial public offering (IPO) in the United States adding onto $500 million that it raised in July.