Tesla stock has set a new record after it surged 13.5% on Monday. The increase has pushed the company’s market value to $245 billion. Today TSLA is trading in the green again.
Last week’s growth in Chinese markets has spiked a bullish run in U.S Wall Street. Hopes for a full economic recovery are gaining momentum.
Alphabet was the latest to re-enter the $1 trillion club, reaching a $1.02 market cap on June 6. GOOGL stock added 2.02% yesterday to close at $1,499.65 but slightly declined to $1,495.05 per share in the pre-market today.
Apple (AAPL) stock has managed to jump over $375 during the trading session yesterday. This happened as the technology giant increased its manufacturing and delivery capacity for the last half of 2020 and the beginning of 2021.
The D share crash has come after Dominion Energy and its partner Duke Energy announced that they are canceling the Atlantic Coastline Project citing the threat to the economic viability of the project.
Samsung stock fell on Tuesday morning after the tech giant posted earnings guidance for the three months that ended in June. Operating profit likely rose almost 23% from a year ago.
The Shanghai stock market that gained nearly 6% last week has managed to add another 5.7% after that report.
Against the popular opinion, JPMorgan says that a win of Joe Biden in the U.S. Presidential Election 2020 could be a positive for the markets. JPMorgan predicts that his victory can ease tariffs on China and boost infrastructure spending.
Amazon (AMZN) stock is trading at over $3,000 now. Analysts say that the stock has enough power to move even higher soon.
Alibaba (BABA) stock is rising on the news of its “innovation base” in partnership with BMW. The companies are working to support tech startups in China.
Despite the drop in sales in Q2, Ford (F) stock is trading in the green with a 2% surge. Meanwhile, the company rolled out the marketing strategy for its new family of Bronco SUVs.
India’s fastest growing telecom giant Reliance Jio is posing a big competition to Zoom as it is launching its own video conferencing app JioMeet without any time-limits on the video calls.
Tesla (TSLA) stock jumped 5.5% in the pre-market. The company is diversifying its product range taking reservations for Cybertruck in the Chinese market.
On July 2, Johnson & Johnson (JNJ) stock closed 0.51% up, at $140.97 per share. In the pre-market today, it is 1.15% up, $142.59 per share.
Valued at $2.65 billion, the acquisition deal with Postmates will help Uber Eats to expand its network comprising of operation in about 6000 cities across 45 countries.