March 28th, 2025
Coronavirus Updates - Page 33
Tesla Stock Could Plunge Due to Coronavirus, Company Admits in New Financial Filing
By Tolu Ajiboye
February 14th, 2020
Tesla has now acknowledged the coronavirus as a serious risk in the company’s plans. Tesla says the epidemic could affect TSLA stock and the company’s progress.
Apple iPhone 12 with 5G A14 Сhips to Be Launched as Planned Despite Coronavirus Delays
By Steve Muchoki
February 13th, 2020
Apple (AAPL) stock is 1% down even though the coronavirus production delays will not affect the iPhone 12 September launch, as the high demand for 5G A14 chips pushes the company to the limit.
Dow Futures Take a Dive as Registered Coronavirus Cases Jump above 60,000
By Bhushan Akolkar
February 13th, 2020
Dow Futures tanked in as the health officials from China’s Hubei city have arrived with a new “clinical diagnosis” methodology which has suddenly shot the tally of a total number of infected cases above 60,000.
Coronavirus Confirmed Cases Surge by 15,000 Crashing Asian Markets
By Tolu Ajiboye
February 13th, 2020
The coronavirus outbreak seems to be getting worse instead of getting better and the Asian markets have crashed in response to a 45% surge in confirmed cases.
Mobile World Congress 2020 Was Called Off amid Coronavirus Concerns
By Bhushan Akolkar
February 13th, 2020
Major tech giants like Facebook, Amazon, LG who were a part of Mobile World Congress 2020 had decided to pull out of this show with threats of the coronavirus spread. MWC host GMA said that it would be impossible to conduct this event in such a case.
Dow Futures Rise Despite Bernie Sanders’ New Hampshire Win
By Bhushan Akolkar
February 12th, 2020
Bernie Sanders has seized his wins in Iowa and New Hampshire in the presidential race indicating a strong start to the national elections ahead this year. However, the markets have preferred to neglect his wins and continue to be on the rising momentum ahead. Dow Futures are moving up.
Big Chinese Companies Asking for Loans to Fight Coronavirus
By Teuta Franjkovic
February 11th, 2020
More than 300 Chinese firms including Meituan Dianping, China’s largest food delivery company, and smartphone maker Xiaomi Corp are seeking for bank loans totaling at least 57.4 billion yuan ($8.2 billion) to soften the impact of the coronavirus.
Bitcoin, Gold and Dollars Look Safe for Investors as Coronavirus Deaths in China Top 1,000
By Steve Muchoki
February 11th, 2020
The coronavirus death toll is spreading fears to investors who are trying to turn to gold, the U.S. dollar and also Bitcoin as a safe haven.
Coronavirus Could Be the Reason for China’s Smartphone Shipments to Drop 30%
By Darya Rudz
February 11th, 2020
According to IDC, Chinese consumers may abandon the idea to adopt 5G-enabled phones due to the influence of coronavirus, despite the fact that Chinese makers are offering premium models that take advantage of next-generation networks.
Bitmain, Ebang, Canaan, and MicroBT to Cement Control over Bitcoin Mining Market in 2020
By Jeff Fawkes
February 11th, 2020
Four firms are controlling the Bitcoin mining rigs production industry. The biggest gainer? Obviously Bitmain, but who else is in charge of the chip production?
Coronavirus Insurance Payouts Can Be Processed on Blockchain, Virus Disrupts Crypto Events
By Tolu Ajiboye
February 10th, 2020
As the world is joining efforts to help with coronavirus treatment and spread, the blockchain technology is now being employed for related insurance payments.
Coronavirus is the Biggest Market Threat Right Now as China Death Toll Tops 900
By Tolu Ajiboye
February 10th, 2020
One of the Wall Street bulls Edward Yardeni believes that there is currently no bigger threat to the financial market right now than the coronavirus outbreak. The number of death cases is growing.
Amazon Is the Latest to Back Off from MWC Due to Coronavirus Concerns
By Teuta Franjkovic
February 10th, 2020
Amazon has joined a number of big exhibitors that have already pulled out of the world’s largest mobile trade show MWC, including LG, Ericsson and Nvidia, citing concerns over the spread of the coronavirus.
Airbnb Suspends Beijing Check-Ins till March Due to Coronavirus Outbreak
By Bhushan Akolkar
February 10th, 2020
With China under the lockdown of the coronavirus outbreak, Airbnb has decided to suspend all bookings in the capital city of Beijing until Feb 29. The company has also issued refunds to all the people who had to cancel them due to local regulatory rules.
APPL Stock Is Under Close Watch as Coronavirus Outbreak Disrupts Apple’s Supply Chain
By Bhushan Akolkar
February 7th, 2020
During the start of 2020, Apple asked its suppliers to produce nearly 45 million AirPod units in the first half of the year owing to high demand. However, suppliers in China have to shut down production due to the coronavirus epidemic putting breaks on Apple’s sales targets.