April 3rd, 2025
Coronavirus Updates - Page 28
Dow Jones Lost 900 Points on Thursday while Coronavirus Is Spreading in U.S.
By Bhushan Akolkar
March 6th, 2020
The COVID-19 spread continues to cast a larger shadow on the global markets as volatility seeps in. Analysts say that corrective measures by the Fed are doing little to control the market fall. Dow seriously dropped on Thursday.
Instacart Launches Door-Step Grocery Drop-off Service amid Spread of Coronavirus Fears
By Steve Muchoki
March 6th, 2020
While the coronavirus fears are spreading, the companies are developing new solutions for their customers. Instacart announces the launch of door-step grocery drop-off service in the United States.
Dow Is Set to Drop Nearly 600 Points, Cured Man Dies of Coronavirus at Home
By Jeff Fawkes
March 5th, 2020
Dow is set to drop nearly 600 points as coronavirus fears spread across Wall Street and the California state. Wuhan’s report claims a 36-year man died at home after he was cured of coronavirus at the hospital. Wuhan still has trouble with virus elimination.
New Evergreen Stocks Such as GILD, MRNA Could Emerge amid Coronavirus
By Christopher Hamman
March 5th, 2020
Some new evergreen stocks could become a new choice for investors. Moderna (MRNA), Gilead Sciences (GILD) and Co-Diagnostics (CODX) are also expected to change the game for coronavirus.
Apple (AAPL) Stock Rose 4.64%, Analyst Predicts iPhone 12 ‘Supercycle’ Thanks to 5G
By Tolu Ajiboye
March 5th, 2020
As Apple stock rises to correct its market plunge, an analyst has confirmed that the company’s upcoming 5G iPhone 12 will ensure a bull run. AAPL was up yesterday but started falling in the premarket.
Facebook (FB) Stock Gained 3.16%, Facebook Confirms Contractor Tested Coronavirus Positive
By Teuta Franjkovic
March 5th, 2020
Facebook has announced that one of its contractors is infected with the coronavirus. Though FB stock gained yesterday, it is falling in the premarket.
Inovio (INO) Stock Rises 7.72%, 1 Million Coronavirus Vaccine Doses Expected by Year End
By Tolu Ajiboye
March 5th, 2020
Inovio(INO) stock is enjoying the rally as it put on almost 8% weight days after it announced that it will be speeding up plans for its coronavirus (COVID-19) vaccine.
Moderna (MRNA) Stock 3.6% Down in Premarket, CEO Says Coronavirus Vaccine to Be Affordable
By Christopher Hamman
March 5th, 2020
Moderna (MRNA) stock has fallen since the last week’s announcement of a possible vaccine for COVID-19. Its CEO has indicated that the prices for the coronavirus vaccine will be affordable.
IMF $50 Billion Aid Package Is to Fight Coronavirus
By Christopher Hamman
March 5th, 2020
The $50 billion aid package offered by IMF is aimed at strengthening weak health institutions in the countries with emerging economies amid the coronavirus outbreak among other things.
Tesla (TSLA) Stock 0.54% Up Despite Downgraded Model 3 Chip in China amid Coronavirus
By Darya Rudz
March 5th, 2020
Tesla Model 3 cars underperformed customers’ expectations. According to buyers, the hardware in Model 3 vehicles was the 2.5 version as opposed to the 3.0 version the company promised. Tesla (TSLA) stock was up on Wednesday.
3M (MMM) Stock Rises 6.02% as HHS Clarifies U.S. Has about 1% of Face Masks Needed
By Bhushan Akolkar
March 5th, 2020
To combat the pandemic-like situation with coronavirus spread, the Trump administration has ordered 35 million monthly N95 face masks from industrial giant 3M. The company has ramped up the production. 3M (NYSE: MMM) stock is up.
Dow Jones Recovers 1000 Points after Joe Biden’s Win, UnitedHealth Stock Is Flying
By Bhushan Akolkar
March 5th, 2020
Dow Jones surges 1000 points for the second time in three days as markets cheer Joe Biden’s win North Carolina, Texas and Arkansas. The S&P health care sector surged 5.8%, the best single-day performance since 2008.
Google Cancels I/O Developer Conference 2020 Due to Coronavirus Concerns
By Christopher Hamman
March 4th, 2020
Google has called off its I/O Developer Conference 2020 due to COVID-19 fears. It has joined the row of other major events globally to be canceled this year.
Amazon (AMZN) Stock Down 2.3% on Tuesday, Amazon Employee Infected with Coronavirus
By Teuta Franjkovic
March 4th, 2020
An Amazon employee in Seattle tested positive for COVID-19. Amazon stock (AMZN) lost over 2% on Tuesday but started gaining again in the premarket.
Inovio (INO) Stock Rises 69.70% as Human Trials of Coronavirus Vaccine Will Start in April
By Teuta Franjkovic
March 4th, 2020
Inovio plans to start a clinical trial of its coronavirus vaccine in the U.S. next month with the thought to expand to China and South Korea shortly thereafter.