Disney reported mixed earnings for its Q3 of 2020 while it continues to feel the impact of the coronavirus pandemic on sectors like its parks business. DIS stock is in the green.
AMZN stock performed dismally on Monday in comparison to its competitors but it is up today. Amazon is going to buy a stake in Deliveroo and is expanding to Sweden.
Nio stock price is rising. Deliveries in July have reached record highs. The Chinese company may become a serious competitor to Elon Musk’s Tesla.
Microsoft (MSFT) stock jumped 5.62% yesterday to close the day trading at $216.54, but the shares were over 1% down in the pre-market. Yesterday’s growth is attributed to a possible acquisition deal with TikTok.
Apple is close to a $2 trillion market cap, this surge is fueled by recent price jumps in AAPL stock based on its growth in revenue. Yesterday, the stock gained 2.5% but today in the pre-market it is down 0.14%.
Virgin Galactic puts a major focus on the future of supersonic aircraft travel as it unveils a new high-speed Mach 3 design concept in partnership with Rolls-Royce. SPCE stock is down today in the pre-market.
Amid the Q2 reporting season, Nikola stock rose by as much as 21.63% to close at $36.49. After hours, Nikola stock slightly declined by 1.21%, but in the pre-market today, it is 0.49% up, $36.67 per share.
Following the impressive Q2 revenue report and a bullish call from the Bank of America, AMD may become America’s next $100 billion chip company.
Wall Street’s main indices rose on Monday as Microsoft announced its plans to buy TikTok’s U.S. operations and a clutch of upbeat quarterly earnings reports lifted sentiment in the absence of a fiscal coronavirus relief deal.
Tesla (TSLA) stock is said to be too expensive, but it is up today again. With the company’s growth model, its shares may go more bullish
Following the boycott by major customers of Facebook ad offering, Bernstein analyst Mark Shmulik maintains his bullish call for Facebook stocks. FB shares are down in today’s pre-market.
On Friday, Apple shares closed 10.47% up, $425.04 per share. In the early trading today, Apple (AAPL) stock is 1.50% up, $431.42 per share.
The lowering interest loans and rising bad loans in H1 2020 have impacted the bank’s profitability to a great extent. HSBC also faces major challenges for its global restructuring plans due to the rising geopolitical tensions between the U.S. and China.
Xpeng Motors is said to be going to raise over $300 million in new funding, ahead of its U.S. IPO listing.
While still being on the radar of U.S. lawmakers, the U.S. big 4 tech companies, including Apple, Amazon, Facebook and Alphabet, all posted impressive performance reports.