The stock market continues to stay hopeful with new developments in COVID-19 drug vaccines and strong U.S. manufacturing activity for the month of June.
Following the positive news, Pfizer and BioNTech shares managed to jump 5% and 2.2% accordingly on Wednesday. PFE closed with a 3% rise while BTNX lost 4%.
The market capitalization of Tether (USDT) has grown to $10 billion. This puts the cryptocurrency token at third place behind Bitcoin (BTC) and Ethereum (ETH).
Following Tesla’s progressive growth, TSLA stock now has all chances of being included in S&P 500. This has become known from a leaked email.
The stock of Inovio Pharmaceuticals is down 23% now despite the company’s announcement of a positive result from its INO-4800 clinical trials.
Growing instant messaging and VoIP startup, Discord has secured a $100 million venture capital funding from Index Ventures. Now it is valued at $3.5 billion.
Gold is currently experiencing a new price high since 2011. This increase is fueled on grounds of possible measures to help curtail the new rising cases COVID-19.
With more number of businesses leaning towards Apple products, JAMF saw its revenue jumped 37% from the previous year, it was $60.4 million during the first quarter of 2020.
While in Q2 2020 the stock markets have managed to rebound considerably well after a major correction in Q1 2020, the Fed Chairman and Treasury Secretary warned that failing to control the rising COVID-19 cases can put major pressure on the U.S. economy.
With North, Google hopes to make a more prominent contribution to an AR space. Following the news, Google parent Alphabet’s stock closed with a 1.49% rise.
Amazon (AMZN) stock price is up today as the brand has been rated as the most valued in the world with a $415.9 billion valuation.
Wirecard Card Services, the UK subsidiary of Wirecard, returns to normal operation after the Financial Conduct Authority (FCA) lifted its ban on the embattled company. WDI stock is up.
Royal Dutch Shell stock dropped 4% today after the company announced that it is anticipating to write down assets worth up to $22 billion in the coming quarters.
Elon Musk, CEO of Tesla, haw expressed optimism in a leaked email that the company will post a profitable Q2 figure. The nudging has sparked an increase in TSLA stock which is above $1,000 again.
Boeing (NYSE: BA) stock surged by over 14% yesterday after FAA confirmed that it will conduct many flight maneuvers and emergency procedures on the ill-fated Boeing 737 MAX.