April 17th, 2025
Coronavirus Updates - Page 21
Tesla Stock (TSLA) Down 3.82% in Premarket but Surged 23.5% in One Week
By Christopher Hamman
March 27th, 2020
Tesla (TSLA) stock price rose by about 20% in the past week alone. Will it continue this way? Though there are some doubts due to the coronavirus concerns, prices see to remain steady.
Walmart, Amazon, Costco Stocks Rise as Retailers Ramp Up COVID-19 Safety Measures
By Darya Rudz
March 27th, 2020
Walmart, Amazon, Costco stocks are up as they implement measures to protect employees and customers from coronavirus. The measures include sanitizing efforts, temporary changes of working hours and recruiting more people to handle increasing demand.
Moderna (MRNA) Stock Rises 3.61% Today, Coronavirus Vaccine Results Are Still Months Away
By Christopher Hamman
March 26th, 2020
Moderna (MRNA) stock price has risen at the possibility of having a new coronavirus vaccine by the fall of this year. Trials are expected to have been completed in two months’ time.
Ripple Labs Donates $200k to Help Fight with Coronavirus Pandemic
By Christopher Hamman
March 26th, 2020
Ripple Labs is donating $200,000 to two different non-profits to help them amid teh spread of the COVID-19 at the time when scammers are looking for opportunities to cause problems too.
U.S. Congress Might Disburse $1,200 Checks to Taxpayers in Coronavirus Aid, Who Qualifies?
By Wanguba Muriuki
March 26th, 2020
The United States Congress is working on a $2 trillion stimulus bill to mitigate financial hardships due to coronavirus, with Americans set to get up to $1,200 checks for that purpose.
Bill Gates Explains How He Would Fight Coronavirus if He Were U.S. President
By Steve Muchoki
March 26th, 2020
Bill Gates, Microsoft сo-founder, shared his thoughts about the current state of the healthcare system and ways to fight coronavirus. He explained what measures he would implement if he were the U.S. president.
Visa (V) and Mastercard (MA) Stock Prices Rose 4.69% and 8.19%, New Hope for Investors?
By Christopher Hamman
March 26th, 2020
Visa (V) and Mastercard (MA) stock prices have risen boosted by the hopes that the stimulus bill from the U.S. government gives. However, a long-term trend may be in the offing as COVID-19 creates a new order of things.
Governor Cuomo Claims Coronavirus Stimulus Package Is Drop in the Ocean for New York
By Steve Muchoki
March 26th, 2020
New York Governor Andrew Cuomo has dismissed what the stimulus package means for New York, calling it a drop in the ocean. Out of $2 from the coronavirus stimulus bill, New York’s share is only $3.8 billion where only $1.3 billion will be sent to the state.
Coronavirus Hit Economy: 1 Million Unemployment Claims in California in Less than Two Weeks
By Darya Rudz
March 26th, 2020
California has averaged 106,000 unemployment claims daily, nearly 750,000 in a week, or 3.8 percent of the entire state workforce.
Boeing (BA) Stock Up 24%, 737 Max Production Nears Restart, Stimulus Bill Offers Bailout
By Darya Rudz
March 26th, 2020
Yesterday’s 24.32% surge of Boeing (BA) stock is a credit of the company’s plan to restart its 737 Max production in May. As Boeing Chief Financial Officer Greg Smith admitted, the process will not be an easy one.
TSLA Stock Rises Over 8% Now but Some Analysts Downshift Tesla
By Darya Rudz
March 25th, 2020
Tesla stock’s rebound makes us believe that Tesla shares are now a good investment. At the moment of writing, TSLA stock is trading at over $545.
Facebook (FB) Stock Drops 3.33% Today amid Social Media Giant’s Weakening Ads Business
By Darya Rudz
March 25th, 2020
Because of COVID-19, consumer demand for advertising (30% to 45% of Facebook’s total revenue) has fallen. Facebook (FB) stock has also suffered. Today, it has opened at $158.92.
AAPL Stock Up 10.03% Yesterday and Rises 2.53% Today, Apple Becomes $1T Company Again
By Bhushan Akolkar
March 25th, 2020
While Apple stock has corrected nearly 32% in just the last month, analysts point out at its strong fundamentals and multiple revenue streams and say it is a good bet at the existing valuations.
Nike Stock Jumps Over 10% Today as Retailer Enjoys 36% Online Sales Growth
By Wanguba Muriuki
March 25th, 2020
Nike reported quarterly earnings that have topped analysts’ expectations boosted by the company’s digital business and its success in North America. Nike stock is over 10% up today.
Microsoft (MSFT) Stock 9% Up as Windows Got New Leadership, Time to Invest Now?
By Darya Rudz
March 25th, 2020
Microsoft (MSFT) is a promising stock to invest in now. Over the last four quarters, the company’s earnings growth has been impressive, ranging from 20% to 37%.