March 27th, 2025
Coronavirus Updates - Page 35
Tesla Stock Jumps after Strong Earnings Report while Elon Musk Gains $2.3B in 60 Minutes
By Wanguba Muriuki
January 30th, 2020
Tesla Inc. released better than expected earnings reports pushing its stock to record highs of over $630 in pre-market. Such figures allowed its CEO Elon Musk to earn $2.3 billion within an hour.
Coronavirus Could Lead to Global Recession If Not Contained as Death Toll Rises to 132
By Tolu Ajiboye
January 29th, 2020
There are now calls for more effort in controlling the spread of the coronavirus. According to some experts, the virus could become a reason for a heavy global recession.
LVMH’s Sales Rose 12% in Q4 2019 but Coronavirus Outbreak May Seriously Affect Revenue
By Adedamola Bada
January 29th, 2020
LVMH achieved record profit in 2019. In the fourth quarter, the sales rose 12% to 15.27 billion euros ($16.94 billion). But the coronavirus may negatively influence the company’s revenue.
Bitcoin Price Jumps to $9,400 Levels, Hits Its New 2020 and 3-Month High
By Bhushan Akolkar
January 29th, 2020
Bitcoin price surge continues as investors move to crypto on the outbreak of the deadly coronavirus in China. With today’s price jump, Bitcoin has made a new 2020-high and we expect this momentum to continue in the near term.
Apple Plans to Ship 80 Million iPhone Units in H1 2020, Coronavirus Could Disrupt Plans
By Tolu Ajiboye
January 28th, 2020
Apple is planning to boost production and to ship 80 million iPhone units before June and 200 million by the end of 2020. However, the coronavirus might impede that plan.
Bitcoin Price Breaks over $9,000 but Coronavirus Isn’t the Only Influencing Factor
By Osaemezu Ogwu
January 28th, 2020
Bitcoin price has reached the level that hasn’t been observed since early November. One of the factors can be the recent announcement made by Jack Dorsey.