While the COVID-19 vaccine candidate of Oxford University and AstraZeneca has proved to be effective in the pre-clinical study, scientists warn it has a 50% chance of success and may return “no result”.
The Moderna episode is a case study of how the coronavirus pandemic and the desperate hunt for treatments and vaccines are shaking up the financial markets. Now Moderna (MRNA) stock is trading below $70 again.
Moderna (MRNA) stock price keeps rising today. Dr. Anthony Fauci is rather optimistic about the coronavirus vaccine candidate that is being developed by Moderna.
Jim Cramer has explained why he believes in the potential of Tesla (TSLA) stock even amid the coronavirus crisis.
China is poised to pass new national security laws for Hong Kong that could plunge the semi-autonomous territory into its deepest turmoil since it returned to Chinese rule in 1997. The Hang Seng index is down.
Amazon (AMZN) stock price is falling as it has become known that the retail giant took a decision to postpone Amazon Prime Day to September.
Tesla (TSLA) stock is slightly down in the pre-market. The company said that its operations are returning to be practically normal in the Fremont factory.
There are no restrictions on how the stimulus package can be used, and many Americans spent them on investing. They buy stocks, securities, and cryptos.
Netflix (NFLX) stock price was down yesterday but today in the pre-market it is slightly up. Netflix is going to cancel the subscriptions of the accounts that were inactive for a year.
Facebook will take major steps in expanding and hiring its full-time remote workforce said company CEO Mark Zuckerberg. He also added that for employees working remotely, the company would adjust compensation for taxes and accounting purposes.
The U.S. Biomedical Advanced Research and Development Authority has given AstraZeneca more than $1 billion in funding for the coronavirus vaccine. AZN stock is up.
PayPal’s initiative has been brought about by the necessity to avoid contracting the virus. Following the news, its stock jumped by 3.82% yesterday and closed in the green. However, now PYPL stock is 1% down.
Tesla (TSLA) stock prices rose yesterday but today it is falling. Meanwhile, it has become known that the EV maker decided to drop its lawsuit against Alameda County officials related to the lockdown order.
Ford (F) stock price was rising yesterday but today in the pre-market it is falling. Meanwhile, Ford is closing its plants after some workers tested positive for coronavirus.
Walmart has already started to gradually transfer its customers to the new Walmart app that now places 50% of online grocery orders. WMT stock closed in the green yesterday but declined in the pre-market today.