Gilead Sciences (GILD) stock is slightly down despite the progress that the company made in testing of its remdesivir drug that can be used as the coronavirus treatment.
In the past seven trading sessions, Tesla stock has jumped by 40%. Yesterday, Tesla stock closed at $1,365.88 per share, in the pre-market today, it is 1.66% up.
Nvidia now is the most valuable chipmaker in the U.S. Being boosted by the news, NVDA stock price is moving higher.
AAPL stock jumped to its all-time high yesterday and closed at $381.37, with a rise of 2.33%. Now Apple stock is 0.82% up in the pre-market.
The U.S. stock market has taken a new turn as Nasdaq has set a new record high. This increase is mainly due to a recent surge in Apple and Microsoft shares.
Bed Bath & Beyond said it plans to close about 200 Bed Bath & Beyond stores over the next two years to help save about $250 million to $350 million a year. BBBY stock price is down in the pre-market.
Goldman Sachs named a new price target for Tesla (TSLA) stock. However, it is lower than the current value of the stock.
Nikola (NKLA) stock soared 34% on Wednesday after JPMorgan turned bullish on the company, citing a more attractive valuation following the recent selloff.
As the clouds of COVID-19 concerns continue to hover over Wall Street, tech and software companies see a major surge due to larger demand and the changing economic dynamics. Dow Jones and other indices moved higher.
The positive performance of Tesla (TSLA) stock can be attributed to the operations of its Shanghai Giga factory. 14,954 Model 3 vehicles were manufactured and delivered in June.
After closing yesterday at $1,389.86, with a +1.33% change, Tesla (TSLA) stock is in the green in the pre-market. Morgan Stanley analyst Adam Jonas has set a bull case scenario for the shares that could be traded at $2,070.
Disney (DIS) stock pricing is rising today in the pre-market as teh company is preparing to re-open its Walt Disney World theme parks to a limited number of visitors on Saturday.
At the beginning of the week, Wall Street was quite optimistic being supported by the signs of strength in the service sector, however, now the performance of its key components shows a downtrend.
Moderna (MRNA) stock recently plunged over reported disagreements with government scientists about the company’s vaccine trial process. Today in the pre-market, the stock price is around $60.90.
Facebook (FB) stock has managed to hit a new ATH despite the challenges related to the ad boycott from major advertisers in the framework of the “Stop Hate for Profit” campaign.