April 10th, 2025
Coronavirus Updates - Page 23
Alibaba and Tencent Stocks Thrive amid Coronavirus, China Aims to Become Stabilizing Force
By Steve Muchoki
March 23rd, 2020
Alibaba and Tencent stocks indicate resilience amid the coronavirus stock market effect. China, the first country to be hit by the deadly coronavirus in early December, now aims to be a stabilizing force in the global market.
Germany’s Angela Merkel in Quarantine after Contact with Coronavirus-Infected Doctor
By Darya Rudz
March 23rd, 2020
Merkel’s quarantine does not mean she will stop her official business, as the leader will continue working from home. She will also have regular COVID-19 tests in the coming days.
Is Amazon (AMZN) Stock Immune to Coronavirus?
By Steve Muchoki
March 23rd, 2020
Amazon (AMZN) stock looks rather attractive for investors these days. The main reason for this is the tenacity that it has shown in the fight with the coronavirus effect on the market.
At Least 20 Coronavirus Vaccines Are in Progress Globally, WHO Officials Confirm
By Steve Muchoki
March 22nd, 2020
As the search for COVID-19 vaccines intensifies, there are at least 20 coronavirus vaccines in the pipeline. However, Gilead Sciences (GILD) and Moderna (MRNA), the stocks of the leaders in the race, tumbled as the week came to the end.
United Airlines (UAL) Stock Jumped Over 25% Today, Will It Take Off after Coronavirus?
By Christopher Hamman
March 20th, 2020
United Airlines (UAL) stock is said to have good chances to rise after the COVID-19 situation is over. Today it is fully in the green.
Moderna (MRNA) Stock Down 10.48% after FDA Commissioner Comments on Vaccine Timeline
By Darya Rudz
March 20th, 2020
Moderna (MRNA) stock tanked by 10.48% on Thursday. The slide followed FDA Stephen Huhn’s statement that the COVID-19 vaccine is at least a year away.
Dow Futures Add 4% Today, S&P 500 and Nasdaq Futures Are Also in Green
By Teuta Franjkovic
March 20th, 2020
Dow Jones futures and S&P 500 futures have changed little this morning, while Nasdaq futures rose modestly after California issued a “stay-at-home” order to slow the Covid-19 spread.
Donald Trump to Send $1,000 for Adults, $500 for Kids to Cope with Coronavirus Crisis
By Darya Rudz
March 20th, 2020
The White House has asked Congress for $1.3 trillion amid the coronavirus crisis. This sum includes $500 billion in direct payments to Americans, $50 billion in loans to the airline sector, and $150 billion to other “distressed sectors” of the economy.
Bank of America Says Recession Is Here, Coronavirus Death Toll Tops 10K, 240K Infected
By Teuta Franjkovic
March 20th, 2020
More than 245,000 people have now been confirmed with the coronavirus globally, of which at least 85,000 have recovered from COVID-19, while more than 10,000 have died. Bank of America has already stated that the recession is here.
Waiting for Coronavirus Vaccine? Favipiravir or Avigan Can Cure Global Economy
By Darya Rudz
March 19th, 2020
Avigan, also known as Favipiravir, is a Japanese flu drug developed by the healthcare arm of Fujifilm. 340 patients taking the drug found it reduces recovery time and improves their lung condition.
Coronavirus Vaccine Stock: Gilead Sciences or Moderna?
By Steve Muchoki
March 19th, 2020
Let’s have a closer look at Gilead Sciences Inc (NASDAQ: GILD) and Moderna Inc (NASDAQ: MRNA) stocks as the companies are working on possible coronavirus vaccine.
Tesla CEO Elon Musk Offers to Manufacture Ventilators to Help Coronavirus Patients
By Christopher Hamman
March 19th, 2020
Elon Musk has offered to manufacture ventilators if they become scarce. He said this while tweeting about a possible effective form of COVID-19 treatment.
Walmart (WMT) Stock Hits New Record, Adds 2.78% While the Whole Market Is in Red
By Darya Rudz
March 19th, 2020
For Walmart, the coronavirus outbreak has taken a beneficial turn, as the demand for some categories of goods and the number of deliveries have notably increased. This week, Walmart (WMT) stock cleared the 125.48 buy point.
NYSE Trading Floor Is to Close after Two Positive Coronavirus Tests, Electronic Trading Continues
By Christopher Hamman
March 19th, 2020
The NYSE is closing its physical trading floor for the first time in its history independently from the electronic trading which is going on. This closure is intended to remain temporary until things change.
Amazon (AMZN) Stock Rose 1.23% Yesterday, Stock Has ‘Buy’ Rating
By Teuta Franjkovic
March 19th, 2020
An Amazon spokesperson said online shopping has surged as coronavirus spreads, and it is out of stock on some household staples and medical supplies. AMZN stock is moving higher.