October 27, 2020.
If there's one thing that could potentially divert investors' focus from initial concerns about rising COVID-19 cases and the stagnant state of stimulus, maybe it's four FAANG stocks reporting the same afternoon. But that's not until Thursday. Mega-cap gains could steal the spotlight this week, and it all comes down to Thursday after closing. Alphabet Inc (NASDAQ: GOOGL), Apple Inc. (NASDAQ: AAPL), Amazon.com, Inc. (NASDAQ: AMZN) and Facebook, Inc. (NASDAQ: FB) have pooled their earnings at the same time (whose the idea you may be wondering). With the earnings schedule so crowded, people may even forget about the momentous national event looming just a week and a day away. Well, probably not.
October 27, 2020
Ant Group will raise $ 34.5 billion in its dual initial public offering (IPO) after setting its share price on Monday, making it the largest listing of all time. The Chinese fintech giant (financial arm of e-commerce firm Alibaba) previously said it would split its share issuance equally in Shanghai and Hong Kong, issuing 1.67 billion new shares at each location.
September 15, 2020.
Novavax (NASDAQ:NVAX), a clinical-stage vaccine company, is down about $89, or 47% since its peak last month. But NVAX stock is not likely to stay down much longer. Its Covid-19 vaccine will support the next leg up. Last month I wrote that Novavax is worth significantly more than today’s price of $101. This estimate is based on estimates of the dosage of its Covid-19 vaccine. I assumed a price of $10 and a royalty of just 5% for 2.5 billion doses delivered every two years.
July 31, 2020.
Facebook shares soar more than 6% in the Wall Street aftermarket, after reporting second-quarter corporate results, which exceeded market expectations. Revenue for the world's second-largest internet ad vendor, after Google, grew 11% between April and June, driven by companies' investments in digital advertising. Although it was the lowest increase in its history, it surprised analysts, who expected a contraction of around 3%, according to IBES data from Refinitiv.
July 31, 2020.
Apple's revenue increased between April and June 2020, the company's third fiscal quarter, by 11% to $ 59.685 billion. For its part, the net profit of the iPhone manufacturer grew 12% to $ 11,253 million. Earnings per share rose 18% to $ 2.58. "Apple's record quarter in June was fueled by double-digit growth in both our products and services and growth in each of our geographic segments," Tim Cook, Apple's chief executive officer said in a statement. P >
July 31, 2020
Amazon has closed a solid quarter in which its business has exploded in the face of the e-commerce boom due to measures to contain the coronavirus. The technology giant has shot 40% its revenue in the second quarter, to nearly 90,000 million dollars, and has multiplied by two the net profit, up to 5,200 million dollars, exceeding the forecasts of analysts. The operating result has boosted to 5.8 billion dollars in the same period, which also means multiplying the figures for the second quarter of 2019 almost twice.
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Dash is an open source cryptocurrency.
Bitcoin - is a cryptocurrency, a form of electronic money.
Tether - is a controversial cryptocurrency with tokens issued by Tether Limited.
Monero - is a open source cryptocurrency.
Litecoin - is a peer-to-peer cryptocurrency project and software.
Ripple - is a real-time gross settlement system.