Tesla and CureVac are currently working together to build portable RNA printers which would help in the creation of a coronavirus vaccine.
Following the news, both Sanofi and GlaxoSmithKline stocks jumped. The latest closing price for Sanofi was $51.62. GlaxoSmithKline shares ended at $41.22 at the latest session.
Elon Musk decided to dig at TSLA short sellers who didn’t believe in the stock by offering Tesla short shorts that are available at the Tesla shop at $69.420. Notably, Musk is a fanatic of these digits as previously on his Twitter timeline he posted that he was born 69 days after 4/20.
Tesla’s Q2 results beat street estimates as the stock surged a whopping 8% in the last trading session climbing all the way above $1200 levels. Tesla’s recent price surge has made it the most valuable global automobile toppling Toyota.
Intel Corporation has joined Facebook in acquiring a stake in Jio Platforms, a move that will help the companies get a soft landing in India’s 5G market. Intel stock is up.
Before Beyond Meat announced its partnership with Alibaba, the firm revealed another deal in China deal with the Sinodis food distributor.
The expected starting price for Ford’s new model is somewhere around $30,000. But to make a reservation, $100 is enough. The sale will start no earlier than next spring. F stock is up.
Last Friday, Facebook (FB) stock went down 8.3% following ad boycott leaving the stock at $216.08. Today, as the market opened FB, is 0.33% up, at $238.33.
U.S. based pharmaceutical giant Amgen wins Appeal Court ruling upholding the patent of its drug Enbrel, Amgen (AMGN) stock jumped by 8% yesterday.
Pinterest (PINS) stock closed yesterday at $23.28 after adding 5.05% and in the pre-market is 2.71% up. The spike was attributed to the news that Facebook wants to shut down its Hobbi app.
The District of Columbia becomes the fourth jurisdiction after New York City, North Carolina, and Nebraska that will accept digital currency payments. It’s a huge move to crypto adoption.
Tesla (TSLA) stock prices are at an all-time high. Meanwhile, Elon Musk is on course to become one of the highest-paid CEOs in the auto industry.
FedEx surprises Wall Street with better-than-expected Q2 results despite the coronavirus pandemic strike. The major crash in the company’s B2B services was offset with the strong growth in B2C services.
While Tesla has exceeded Toyota on market value, it is still falling behind the Japanese company by a wide margin on actual car production. Tesla stock closed at $1,119.63 on July 1. After-hours, it added another 1.55% to reach $1,137.00.
Online video streaming demand has surged in India amid the novel coronavirus-induced lockdown, and Netflix is benefitting from the change despite its premium pricing structure. NFLX stock is in the green.