The Dow Jones Industrial Average is up 329.74 points. Stocks strengthened worldwide as strong manufacturing data out of the world’s second-largest economy helped allay investor concern about a slowdown in global growth.
On Tuesday, a Judge from the International Trade Commission charged Apple of infringing the Qualcomm patent. The final decision from the ITC will come by July 18.
It was expected that Apple’s Special Event would lead to sales increase and jump of shares’ price, but the effect was converse. The price decreased by 2 percent to $187,37 per share.
Apple will unveil its new streaming video service on Monday. Wedbush analyst Dan Ives raised his price target for the stock from $200 to $215. He expects Apple’s streaming video service to reach 100 million subscribers within five years.
Walt Disney Co. completed its $71 billion acquisition of 21st Century Fox Inc.’s entertainments assets. Disney and Netflix stocks react in an unexpected way.
Alphabet’s Google unveiled its new cloud-based video-game playing and sharing platform, Stadia, at the Game Developers Conference in San Francisco on Tuesday afternoon.
WorldPay has been bought by Florida-based Fidelity National Information Services (FIS) for $35bn in cash and shares, plus WorldPay’s debt.
The newest iPad products launch make some positive outlook for investors because they provide useful features for professionals and even beginners giving positive impact on Apple (AAPL) Stock.
Apple and Microsoft stocks going strong in bullish sentiment who make Dow Jones Index raised. This both stocks still have interested dividend yield in Tech industry and still suggested by a lot fundamental analysts.
Ride-sharing startup Lyft, set their clock ticking for its IPO likely in the next two weeks. The stock will trade as “LYFT” on Nasdaq, and the IPO range is currently set for between $62 and $68 per share
Lyft is set to launch its investor road show for the upcoming IPO today. The event, scheduled to take place this month, will mark the first time a ride-hailing company has debuted on the U.S. public markets.
Even though yesterday the Tesla (TSLA) stock was showing (weak) signs of growth, today we witness tumbling for big 5% to $275.43.
On Thursday, two of Facebook’s top-level executives had put their papers down. This hasn’t gone unnoticed as the company’s stock lost 3%.
Elon Musk unveiled the Model Y compact sport-utility vehicle with a starting price of $39,000. Shares were up 1% Thursday morning, showing that investors have anxiously looked forward to Tesla’s newest SUV offering.
Boeing shares continued their fall on Tuesday as more countries grounded the company’s 737 Max 8 jets following an Ethiopian Airlines flight that crashed on Sunday.