While the announcement negatively impacted JNJ shares, the overall outlook in tech stocks was bullish.
As Coinbase heads for a blockbuster listing on Nasdaq, the company announces stock options for its team with each employee getting around 100 COIN shares.
Roblox stock has been trading for just one month after the long-awaited initial public offering conducted last month.
Coinbase is said to be valued at around $65.3 billion on a fully diluted basis with a reference price of $250.
The announcement has negatively affected the shares of Intel (INTC) as they closed yesterday’s trading session down 4.18%.
Satya Nadella, the CEO of Microsoft, explained that the high level of acceleration in the digital transformation influenced their acquisition as Nuance has a health care tool that can play a key role.
When gauging its performance in February, Nvidia said its revenue for the fiscal first quarter, which ends in May, would total $5.3 billion. However, the company revised the data provided at that time and concluded that its potential is much better than this figure.
The acquisition of Nuance by Microsoft is strategic and will help the latter to venture into the AI and speech recognition market.
Citing massive demand for its popular models, Tesla has updated the prices for its Model 3 and Model Y. However, the immediate concern in short term is that it has very little inventory at this point.
The Federal Reserve Chairman Jerome Powell noted on Thursday that the economy is yet to see a well-rounded recovery from the pandemic.
Netflix has entered a pay-one deal agreement with Sony where it will get licenses to some of the popular movies and animations from Sony Pictures Entertainment.
Uber stock jumped approximately 109% last year and an extra 11.55% year-to-date.
With almost 3 times the revenue predicted by market analyst DA Davidson, Coinbase is likely heading for a bumper listing next week. Da Davidson pegs COIN stock price to $400+ per share.
Hindenburg stated in their report that Ebang failed in their mining machine business and turned their attention to establishing a cryptocurrency exchange called Ebonex.
It is expected that the anticipated entry into the Indian market as well as its proposed self-driving taxis are a good sign that may help justify the current Tesla stock price.