The COVID-19 pandemic has put a dent of Facebook’s advertising revenue as businesses turn conservative on their marketing spends. However, analysts are hopeful that Facebook will make a good recovery in the coming months. FB stock is rising now.
Ford (F) stock price fell about 5% at the news of its losses in Q1. Poor earnings results are mostly related to the COVID-19 situation.
Moderna Inc proceeds ahead for the Phase 2 clinical trial of its vaccine to fight with the coronavirus. The company has received a nod from the Food and Drug Administration to proceed ahead with the project. MRNA stock is in the green in the pre-market.
As Tesla (TSLA) stock market value reached a six-month average of $96 billion, it becomes closer to a $100 billion market-cap milestone. This means Elon Musk is in line for a stock-option grant and a vast options payday. TSLA is 2.45% up in the pre-market.
Pfizer (PFE) stock jumped after the company reported an increase in earnings and sales in the first quarter. However, now PFE stock is in the red.
Tesla has released a new software update for its customers who are having the hardware-3-equipped Tesla models. This update detects signals on cross-roads and automatically stops the car as required. TSLA stock rose 10% on Monday.
AT&T CEO Randall Stephenson will retire while the company’s President and COO John Stankey will replace him. AT&T stock is in the green.
Tesla (TSLA) stock is slightly up as the company’s future in the Chinese market gets shaky amid the coronavirus outbreak. Meanwhile, the Bank of America’s analyst downgraded TSLA from neutral to underperforming.
Despite its size, Alphabet is getting slapped around a bit this quarter along with the rest of the digital advertising space. However, GOOG stock may still be a good choice.
CNBC’s Jim Cramer said that investors should “stop circling the wagons around index funds”. It’s time for us to pay attention to new Covid winners.
Yesterday, Microsoft (MSFT) stock lost around 1% but today in the pre-market it was in the green. Despite its ups and downs, the company remains to be the king of the market.
Intel (INTC) stock price has dropped around 5% as Apple announced that it is going to make its own chips for Macs in 2021.
Apple plans to release its Mac with its in-house Apple chips which will replace the current Intel processors. Apple is likely to feature its flagship products with 12-core SOCs. AAPL stock is up in the pre-market.
Thanks to the progress in the vaccine development, Inovio (INO) stock has given a boost to investor confidence. Since the end of 2019, Inovio shares are 264,55% up. In the last month alone, the rise is 65%.
WHO accidentally posted a draft summary of remdesivir trial studies. As soon as the organization realized the mistake, it deleted the post. But Gilead (GILD) stock plunged.