Stocks of electric vehicle company Tesla (TSLA) enjoyed a stark 10% rise during after-hours trading on Monday, leading to the company’s inclusion in the S&P 500 index.
According to an announcement by the S&P Dow Jones Indices, Tesla will join the S&P 500 on Monday evening before the stock market...
The Dow Jones, S&P 500, and Nasdaq indexes all enjoyed reaching record highs in the past week, with market activities being heavily influenced by news regarding the race to develop a COVID-19 vaccine.
Pfizer (PFE) and BioNTech (BNTX), who are at the forefront of the development of the first effective...
Cisco Systems Inc. is now expected to beat industry analysts’ forecast for the company’s second-quarter earnings. This news has resulted in a 9.6% rise in Cisco stocks as markets close.
With the economy gradually recovering from its coronavirus slump, governments and companies alike are expected to resume spending on networking...
Nasdaq was up by 2% when trading closed on Wednesday, thanks to investors placing their faith back in technology stocks following the latest surge in COVID-19 cases.
With analysts closely monitoring the race for a Coronavirus vaccine, investors turned away from economically-sensitive sectors in favor of backing technology stocks, particularly...
American cloud-scale application monitoring service Datadog Inc. (DDOG) experienced a decline in stock prices after releasing its results for the latest financial quarter. The company’s shares diminished in value by 10% after hours, following a 2.4% decline during the regular session to reach a value of $92.60.
Datadog incurred a...
Eric Yuan, founder and CEO of Zoom Video Communications Inc., has experienced a $5.1 billion decline in his net worth following Pfizer Inc.’s announcement on Monday that its Coronavirus vaccine has prevented over 90% of infections during clinical trials.
While airlines, oil corporations, and tourism operators enjoyed surges in stock...
With both Pfizer (PFE) and BioNTech’s (BNTX) reporting that their vaccine candidates have been more than 90% successful in treating COVID-19 patients during clinical trials, stock futures have enjoyed a higher opening, thus encouraging investors to snatch up these assets.
This boost to the market, which occurred on Monday, has...
Royal Dutch Shell PLC has continued its venture into the Chinese oil market by assuming complete control of one of its joint venture gas stations in the country.
The deal, which sees Shell purchase the remaining shares that it didn’t own in Chongqing Doyen Shell Petroleum & Chemical Co., was...
With growing concerns over the coronavirus pandemic, the upcoming US presidential elections, and declining oil prices, the majority of Middle Eastern equities are continuing to experience a persistent decline.
While the Tel Aviv Stock Exchange enjoyed a slight rise, the rest of the region’s stock markets remain in a slump....
The California-based electric vehicle manufacturer Fisker (FSR) enjoyed a rise in its stock during its debut on the New York Stock Exchange this Friday.
This came after the American electric vehicle company entered into a $2.9 billion merger with Spartan Energy. Funded by private equity firm Apollo Global Management (APO),...