In May 2020, Tesla’s sales in China jumped back to over 11,000 Model 3 cars which made TSLA stock price skyrocket. Analysts are hopeful and optimistic that Tesla will show a strong performance in the Chinese market over the next 12 months.
Amazon could launch a new product. It’s an AI-driven virtual shopping service built upon a different algorithm giving customers new opportunities in purchasing things. Meanwhile, AMZN stock is in the green.
General Electric (GE) stock is now slowly on the rise as its healthcare arm has started to recover following some stabilization of the COVID-19 situation in the world.
Year-to-date Microsoft (MSFT) stock gained around 16.5%. MSFT is trading now at around $184.88 (-1.24%). The market cap is $1.40 trillion.
After closing on Friday with a profit of 11.72%, Ford stock is up 4% now. The rally is attributed to the launch of four key vehicle models: 202 F-150, Mustang Mach-E, Bronco Sport SUVs and Bronco.
Sources revealed the design of Apple’s four iPhone 12 models and completely new iPhone 13 that is expected to be available in 2021.
Dada Nexus (DADA) went public after being listed on Nasdaq with a share opening price of $16. During the IPO celebration, CEO Philip Kuai said that the company welcomes better auditing and regulation of the stock market.
Apple has come under pressure in recent months as the pandemic forced store closures and ushered in a period of weaker consumer confidence, but some analysts seem upbeat about the company’s trajectory. AAPL stock price is rising.
Million-mile batteries would help Tesla reach the goal it set five years ago. They would also take Tesla battery cost down below $100 per kilowatt-hour. Meanwhile, TSLA stock is up today.
If combined, AstraZeneca and Gilead Sciences would have a market capitalization of about $237 billion, exceeding Merck & Co and Pfizer worth $207 billion and $200 billion respectively.
The U.S. markets seem to be recovering these days. The Nasdaq Composite managed to reach a new record high today.
ZoomInfo Technology (ZI) shares surged around 90% on its first trade after the IPO held on Wednesday. Having closed yesterday with a 61.90% increase to trade at $34, the stock is around 6% up now.
NetEase, a Chinese gaming giant, gained at least $2.7 billion in its secondary offering in Hong Kong. NTES stock on Nasdaq is up 2.75% now.
Of 20,247 new cars registered in the UK in May, 852 were Tesla Model 3. In April, Tesla Model 3 was the best-selling car in the UK as well. Following the news, Tesla (TSLA) stock is 0.84% up in the pre-market.
Though now Moderna (MRNA) stock is significantly below its ATH, Oppenheimer analyst predicts an 80% increase from the current level.