Genius Brands stock declines despite big gain on Monday

June 16, 2020 2:43 pm
While Monday was a successful day for Genius Brands, the company’s shares dropped 11.1% to $1.14 in premarket Tuesday. On Monday, it was reported that Arnold Schwarzenegger made a deal to become an investor in the entertainment company. Genius Brands also launched its new Kartoon Channel! on various major streaming platforms, including Amazon Prime, Apple […] Read more

iQIYI shares surge, Tencent to become biggest shareholder

June 16, 2020 12:54 pm
Shares in iQIYI jumped 35% in Tuesday trading after it was reported that Tencent Holdings Ltd. plans to become the biggest shareholder in the video streaming company. The trading volume of iQIYI increased to 1.9 million shares, which made it the most active stock before the beginning of the trading session. According to people who […] Read more

Yamaha Motor shares rise as Japan stocks close higher on Tuesday

June 16, 2020 9:47 am
Japan stocks traded higher on Tuesday, with sectors like Paper & Pulp, Railway & Bus and Real Estate leading the way. The Nikkei 225 was the best-performing index among all Asian stocks and it gained 4.88% at the close of the trading session. Yamaha Motor was one of the stocks that gained the most, with […] Read more

Carnival Corporation shares drop amid fears of second coronavirus wave

June 16, 2020 7:53 am
US stocks were declining in Monday trading as the fear of a second COVID-19 wave increased. Cruise operators were some of the worst performers, with shares in Carnival Corporation leading the way by dropping 2.7%. Over the weekend, 22 states in the US reported an increased number of coronavirus cases. In addition to that, the […] Read more

Moderna shares surge, company in talks to sell vaccine to Israel

June 15, 2020 2:49 pm
US stocks were trading lower in premarket Monday as fears for a second pandemic wave increased. Despite that, shares in Moderna surged 4% in premarket trading. After it was announced that Israel is in talks to purchase an mRNA vaccine that is being tested by Moderna, the shares of the company gained in Monday trading. […] Read more

H&M shares drop, company reports huge second-quarter losses

June 15, 2020 12:53 pm
Shares in H&M declined 2% at the beginning of the Monday trading session. This followed the company’s report on second-quarter sales, which dropped 50% after the global shutdown during the pandemic crisis. On Monday, the fashion retailer reported a huge slump in quarterly sales due to the measures taken to bend the curve during the […] Read more

BP shares slump, company to take up to $17.5 billion hit in second quarter

June 15, 2020 9:49 am
Shares in BP dropped 5% in Monday trading, leading the oil sector to a slump. Earlier today, the oil company stated its predictions for suffering up to a $17.5 billion slash in its second-quarter earnings. This forecast is based on the lower oil prices which were a result of the pandemic. Recently, the company reported […] Read more

Shares in easyJet dip, company to resume domestic flights

June 15, 2020 8:08 am
One of the stocks that will be in focus on Monday will be easyJet as the airline will resume its flights after the lockdown period. For the first time since March 30, the British carrier will resume some of its flights. Although the company may have caught some investors’ interest, its shares declined in early […] Read more

Adobe shares rise after reports on quarterly profit surpass predictions

June 12, 2020 1:48 pm
US stocks surged nearly 2% in premarket trading Friday, recovering from the big dive on the previous day. Shares in Adobe Inc. surged 5.2% before the start of the trading session. The reason for the interest in the company is its report for a quarterly profit that surpassed analysts’ expectations. During the pandemic crisis, the […] Read more

Games Workshop shares rise as company enjoys a strong recovery

June 12, 2020 11:58 am
Shares in Games Workshop Group Inc. rose over 10% in Friday trading. The gaming company announced that its recovery process after the pandemic crisis is going “better than expected”. This motivated investors who bid on the company in the Friday trading session. The company that created Warhammer shared that the sales have increased significantly since […] Read more