The U.S.-based publicly traded companies show superior progress in moving to a record $2 trillion market cap. Of these, more expectations are on Amazon.
Tesla Model Y is expanding into new markets. Meanwhile, the price of Tesla (TSLA) stock is falling. However, it is still over $900.
BP stock price has lost some steam after the company put out a lowered outlook on Brent crude futures for the next 30 years.
Within AstraZeneca’s agreement with Europe’s Inclusive Vaccines Alliance (IVA), France, Germany, Italy, and the Netherlands will accelerate the supply of the vaccine. AZN stock is up in the pre-market today.
Today Boeing (BA) stock is up nearly 8%. Meanwhile, the stock has dropped 48.53% in the past twelve months.
Morgan Stanley analyst Adam Jonas provided a bearish outlook for Tesla stock as the risks in U.S.-China relations are rising. TSLA stock is down today.
With market uncertainty rising yesterday, the top 5 tech companies saw their shares falling. Amid a worrisome surge in new coronavirus cases and a high unemployment rate, the stock market experienced an increase in volatility.
Elon Musk is known for his controversial tweets. Now he has answered ‘lol’ to the question about the soaring price of Tesla (TSLA) stock.
Even despite yesterday’s fall in TSLA stock price, Tesla’s market cap is still higher than the combined capitalization of 5 major automakers.
Microsoft has said it will not sell its face recognition technology to the police. This decision was followed by the MSFT stock performance on Thursday.
Dow Jones futures turned positive today morning after crashing 7% on Thursday on the report of rising COVID-19 cases. Analysts are weighing the impact of the economic reopening of the market.
According to the International Air Transport Association (IATA), airlines worldwide are expected to lose $84.3 billion this year because of the COVID-19 pandemic.
As most stocks turned red yesterday, Apple (AAPL) stock closed the day with a 4.80% loss. Meanwhile, the company revealed the lineup for its WWDC20 that will take place virtually from June 22 to 26.
In a recent market rally, bank stocks were the biggest winners. But as investors are worried about the uncertainty around how much the economic decline will affect loans, bank stocks will not rebound as fast as shares of other sectors.
Moderna (MRNA) stock price is climbing to its ATH of $69 again. Currently, the shares are trading at around $63.