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MRNA Stock Shoots 12% on Monday as Moderna Says Its Vaccine Will Work on New COVID Strains

By Bhushan Akolkar Jan 26, 2021 • 3 mins read

Moderna’s top-executives have assured that the vaccine would be effective to a certain degree on the new mutations. However, they are willing to see more results under different conditions. Moderna has received a positive review from field experts as well!

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SPCE Stock Up 2% in Pre-market as Virgin Galactic Investors Await Successful Spaceflight Tests

By Ibukun Ogundare Jan 26, 2021 • 3 mins read

Virgin Galactic stock has climbed more than 106% over the past year. These days, the stock is also in the green.

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Interactive Webinar Platform ON24 to List on NYSE, Seeks $2.22B Valuation in IPO

By Godfrey Benjamin Jan 26, 2021 • 3 mins read

ON24 noted that it has applied for listing on the New York Stock Exchange where it is set to trade under the ticker symbol ‘ONTF’.

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UBS Records 137% Profit Increase in Q4 but Raises Concerns on Economic Outlook

By John K. Kumi Jan 26, 2021 • 3 mins read

The buyback program will see UBS Group purchasing up to $4.5 billion of shares with $1 billion to be used for this operation in the first quarter of the year.

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ZM Stock Up 2%, will Zoom Sustain Uptrend when Pandemic Eases?

By Ibukun Ogundare Jan 26, 2021 • 3 mins read

According to the recent survey report, 59% of the respondents believe that Zoom stock will hit $500 again by 2022.

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S&P 500 Recovers Mid-Day Losses to End Monday in Green, AAPL Stock Pushes Nasdaq Higher

By Bhushan Akolkar Jan 26, 2021 • 3 mins read

Wall Street investors are optimistic about the results that big tech companies will announce ahead this week. Since all indices are currently at their all-time highs, investors are maintaining caution.

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KMB Stock Up 3.25% Following Release of Kimberly-Clark Year-End 2020 Results

By Godfrey Benjamin Jan 26, 2021 • 3 mins read

Kimberly-Clark’s full-year 2020 net sales came up at $19.1 billion, showing a 4 percent increase, with organic sales up 6 percent. The organic sales for the fourth quarter grew by 5 percent.

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AAPL Stock Up 2.77%, Wedbush Analyst Raises Price on Apple to $175 from $160

By Ibukun Ogundare Jan 26, 2021 • 3 mins read

Referring to the increasing demand for the iPhone, Dan Ives said Apple could have sold about 90 million iPhones by the December quarter.

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Latch Merges with TSIA, Set to Become Publicly Traded Company, TSIA Stock Up 75%

By Oluwapelumi Adejumo Jan 25, 2021 • 3 mins read

After the news about the deal with Latch, TSIA stock has skyrocketed in the pre-market.

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MRK Stock Down 1% in Pre-market, Merck Halts Its Covid-19 Vaccine Development

By Steve Muchoki Jan 25, 2021 • 3 mins read

Merck has a reported market valuation of approximately $204.88 billion with 2.53 billion outstanding shares. The company’s leadership has opted to commit its resources towards developing coronavirus therapy drugs.

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GOOGL Shares Up 1% in Pre-market, Google Announces Support for COVID-19 Vaccine Distribution

By Godfrey Benjamin Jan 25, 2021 • 3 mins read

The shares of Google were also boosted by the corresponding redesign of the search engine to feature COVID-19 related data.

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PHG Slightly Up in Pre-market, Philips Reveals 7% Q4 Sales Growth

By Kofi Ansah Jan 25, 2021 • 3 mins read

Philips however in a statement revealed that, even though its net profit for 2020 rose, it saw “uncertainty” this year due to the COVID-19 pandemic.

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Coinbase to Offer Secondary Market on Nasdaq for Its Private Stock before IPO

By Bhushan Akolkar Jan 25, 2021 • 2 mins read

This move by Coinbase will allow all its current and past employees as well other private stockholders to sell their stock before the IPO on the Nasdaq Private Market.

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GameStop Stock Up 44% in Pre-market as Speculative Traders Fuel GME Rally

By Steve Muchoki Jan 25, 2021 • 3 mins read

Besides being subjected to speculative traders, GameStop has experienced an increase in demand for its products since the onset of the coronavirus pandemic.

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Evergrande New Energy Vehicle Stock Jumps 51% After Company Raises $3.35B

By Steve Muchoki Jan 25, 2021 • 3 mins read

Last year, Evergrande showed off six new electric vehicles under a brand called Hengchi, with the hope of starting production this year.