April 2nd, 2025
Coronavirus Updates - Page 30
Biotech Stock Market Is Under Coronavirus Effect as Companies Are Working on Vaccine
By Steve Muchoki
February 28th, 2020
As most stock markets continue bleeding out due to the coronavirus outbreak, three biotech stocks have been defying the urge as the companies are working on a vaccine or a cure for the deadly coronavirus.
Bitcoin Price Dropped to $8500, S&P 500 and Dow Futures Are Falling as Well
By Wanguba Muriuki
February 28th, 2020
The rapidly spreading coronavirus appears to have pulled down the global traditional investment markets with Bitcoin joining the fall, giving up its hypothetical store of value status. The current BTC price is around $8,600.
Some Stocks Like Netflix (NFLX), Facebook (FB), Amazon (AMZN) Could Outlast Coronavirus
By Christopher Hamman
February 28th, 2020
MKM partners prepared a list of stocks that may have the greatest chance of doing well during the times of the coronavirus. The list includes AAPL, FB, NFLX and others.
Dow Futures More Than 600 Points Down in Premarket amid Coronavirus Panic
By Teuta Franjkovic
February 28th, 2020
Fear over the spread of the coronavirus tightened its grip on global stock markets. The indexes clearly reflect the situation. In the premarket Dow Futures lost over 600 points.
Facebook Cancels F8 Developer Conference Due to Coronavirus Concerns
By Steve Muchoki
February 28th, 2020
The coronavirus has a serious impact on many spheres of social life. This year Facebook will not hold its F8 developer conference due to the fears and risks related to the virus.
AAPL and MSFT Stock Down around 7%, Coronavirus Fears Drive Tech Shares Crazy
By Teuta Franjkovic
February 28th, 2020
Tech stocks are negatively influenced by the coronavirus and are falling seriously. The most significant drops were demonstrated by AAPL and MSFT yesterday.
Moderna (MRNA) Stock in Mad Scramble: Shares Soared, Stumbled and Tanked
By Darya Rudz
February 28th, 2020
On Thursday, Moderna (MRNA) stock was on a wild ride. Just in a few hours, it skyrocketed, continuing its previous growth, then halted, and fell. Now in the pre-market, it has started to gain again.
Gilead Sciences (GILD) Stock Surges after Launching Phase 3 Studies for Coronavirus Treatment
By Steve Muchoki
February 28th, 2020
Gilead Sciences (GILD) stock surged and reached an all-time high after the company confirmed the launching of phase 3 studies of coronavirus treatment.
Dow Jones Plunged 1000 Points as CDC Warns of Possible Coronavirus Outbreak
By Bhushan Akolkar
February 28th, 2020
The global markets have been bleeding for the fourth straight day in a row after the U.S. Health officials warned against a possible coronavirus outbreak. In just four days the S&P 500 has crashed over 10% registering its fastest crash to date. Dow has lost 1000 points.
Coronavirus Stocks: Why Gilead Sciences, Moderna, Inovio Pharmaceuticals, Novavax Rose
By Darya Rudz
February 27th, 2020
While tech shares are suffering drops, coronavirus stocks are soaring, The pharma companies are actively working on the development of a new vaccine.
Aston Martin Sales Drop amid Coronavirus, Company Promises to Offer DBX SUV Customization
By Christopher Hamman
February 27th, 2020
The sales of Aston Martin are falling as well as the price of the AML stock. However, the company hopes to survive. It also plans to offer wide freedom in customization of its DBX SUV.
Moderna (MRNA) Stock Climbs 23% as World Is Waiting for the Coronavirus Vaccine Results
By Teuta Franjkovic
February 27th, 2020
With coronavirus outbreak spreading a lot of fears to the global investors, talks of a vaccine are bolstering the Moderna (MRNA) stock value. However, it is still an early call, as the vaccine takes over a year to go through the regulatory testing rounds.
Bitcoin Price Drops to $8593 while $190M in Bitcoin Liquidated on BitMEX
By Christopher Hamman
February 27th, 2020
It has become known over $190 million worth of Bitcoin long and short positions were liquidated on well-known derivatives exchange BitMEX.
Microsoft (MSFT) Stock Down 2% as Company Warns Coronavirus May Impact Q3 Earnings
By Teuta Franjkovic
February 27th, 2020
Microsoft (MSFT) stock fell 1.76% in pre-market trading on Thursday, a day after the company said it doesn’t expect to meet the quarterly revenue guidance it previously provided for the segment that includes Windows.
Amazon (AMZN) Stock Drops After Hours as Coronavirus in China Threatens Amazon Sellers
By Tolu Ajiboye
February 27th, 2020
Amazon (AMZN) stock has been already seriously hit by the coronavirus and things might get a lot worse for the e-commerce giant very soon if nothing changes.