June 1, 2020 12:56 pm
On Monday, European shares rose after investors remained hopeful for the economic recovery for businesses that resume their activities. After many European countries started lifting restrictions, the STOXX 600 Index rose in Monday trading, striving for a record high since the beginning of March. Associated British Foods was among the companies that also raised their […]
Read moreJune 1, 2020 10:10 am
European shares increased on Monday as hopes for economic recovery were restored. Investors were relieved after President Trump’s warnings towards China were not as harsh as everyone expected. This led to a 1% jump of the STOXX 600 Index in early Monday trading, with a potential for a three-month high for European shares. The Italian […]
Read moreJune 1, 2020 7:49 am
Asian stocks reached a three-month record high in Monday trading. Despite the worries prompted by the rising tension between China and the US, the stocks in Hong Kong, Shanghai and Japan surged on Monday. The reason for that was the news about the resuming of numerous Asian businesses and the hope of economic recovery. In […]
Read moreMay 31, 2020 7:43 pm
Zoom Video Communication(ZM) shares have been trading in a robust longterm uptrend since the beginning of this year, as indicated on the price chart below. The video conferencing company’s business accelerated during the COVID 19 pandemic lockdown, which saw a rise in personal and office use on its platform. ZM shares finished Friday’s session at […]
Read moreMay 29, 2020 2:07 pm
Sonoma Pharmaceuticals’ shares almost tripled in premarket trading Friday. The huge jump is due to the latest news surrounding one of the company’s products. Sonoma Pharmaceuticals, along with MicroSafe Group, developed the Nanocyn disinfectant and sanitizer, which was added to the Australian Register of Therapeutic Goods (ARTG) and can be used against COVID-19. In premarket […]
Read moreMay 29, 2020 12:08 pm
Friday was JDE Peet’s stock market debut and the company’s shares surged 13%. Investors were impressed by the coffee retailer’s IPO, which was one of the few high debuts on the stock market during the coronavirus pandemic. JDE Peet’s is the owner of brands like Douwe Egberts, Peet’s Coffee and Jacobs and its shares were […]
Read moreMay 29, 2020 9:02 am
Australian stocks closed lower in Friday trading, with the Financials, Healthcare and A-REITs sectors showing the biggest decline. The financial services company Virgin Money UK was the worst performer on Friday, with shares dropping 10.20% or 0.20 points to trade at 1.80. Despite closing low, the Australian stocks enjoyed a record high in the last […]
Read moreMay 29, 2020 6:46 am
On Thursday, General Electric’s shares dropped 3.2%, following the warnings of bigger cash burn for the second quarter of 2020. The CEO of the company, Larry Culp, stated at an investors conference that the aviation division of General Electric was severely damaged due to the pandemic crisis. This is why it came as no surprise […]
Read moreMay 28, 2020 2:45 pm
After three consecutive days of gains, the S&P 500 stocks had a muted opening in Thursday trading. Despite that, Boeing Co.’s shares jumped 4.7% in premarket, which marks the biggest climb among the 30 blue-chip companies in the Dow Index. The planemaker stated its plans for resuming the production of its passenger jet 737 MAX. […]
Read moreMay 28, 2020 1:08 pm
The social media stocks will be one of the investors’ main focuses in Thursday trading. Following President Trump’s statement for signing an executive order against social media companies, Twitter’s stock declined 2.7% in premarket trading. The executive order is due to be signed on Thursday and it targets social media companies like Twitter and Facebook. […]
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