Robinhood Was Asked for $3 Billion to Cover Volatility Risk in GameStop Stock
Money

Robinhood Was Asked for $3 Billion to Cover Volatility Risk in GameStop Stock

After the company caved into the demands of the NSCC and restricted trading on so-called “volatile shares”, the amount was reduced from the initial $3 billion to $700 million.
Tech Stocks May Jump by Another 25% During the Second Phase of Economic Recovery
Business

Tech Stocks May Jump by Another 25% During the Second Phase of Economic Recovery

Mega cap stocks like Microsoft, Amazon, and Apple are currently well below their peak, and they are expected to increase in value by between 20% and 25% over the coming few months.
COVID-19 Vaccine Developer CureVac Increases 431% in Value After IPO
Business

COVID-19 Vaccine Developer CureVac Increases 431% in Value After IPO

The company has seen its value grow by a whopping 431% since its Initial Public Offering. As a result, CureVac was able to get up to $231 million in initial funding, which is expected to go towards research and development.
Amazon Stock Can Jump Nearly 16% in 2020 as Coronavirus Pandemic Boosts Demand
Business

Amazon Stock Can Jump Nearly 16% in 2020 as Coronavirus Pandemic Boosts Demand

According to analysts, Amazon is expected to continue with its top-line acceleration in the near future and finish 2020 strong, way over expectations.
Amazon is Selling Masks and Hand Sanitizers to Health Workers for No Profit
Business

Amazon is Selling Masks and Hand Sanitizers to Health Workers for No Profit

The company announced that it’s halting the sale of N95 masks to the general public and will instead reserve its stocks for health care workers only
Coronavirus and Oil Price Cause Stock Market to Plummet Suddenly
Business

Coronavirus and Oil Price Cause Stock Market to Plummet Suddenly

US stocks had the worst day of trading since the 2008 financial crisis, as the coronavirus crisis continues to spread in the country and the declining oil prices hit a historical low.

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