TikTok has entered the ranking of the 100 Most Valuable Global Brands for the first time, as people spend more time online during the pandemic browsing joyful and entertaining user-generated content, according to a new report. Tech giants dominated the list once again, with Amazon AMZN, + 0.34% maintaining first …
Read More »Micron shows how the cloud is saving chip makers
Memory chip maker Micron Technology Inc. was saved by a boom in data centers, adding to the growth of chip makers as the pandemic forces more companies to expand their cloud computing capabilities. . On Monday, Micron MU, + 1.35% reported better than expected fiscal gains in the second quarter …
Read More »The Nasdaq is not only outperforming the Dow and S&P 500, but it is having one of its best first halves against its stock market peers.
The chasm between the Nasdaq Compound and its rival benchmarks in the first half of 2020 has been very similar between Olympic sprinter Usain Bolt and everyone else in the world. The tech-laden index has enjoyed a growing advantage between itself and the Dow Jones Industrial Average USA: DJIA and …
Read More »Gilead’s coronavirus drug will cost $ 2,340, which sounds expensive, but here’s why not
Gilead Sciences Inc.’s COVID-19 drug remdesivir will cost much less than Wall Street analysts had predicted in a move that likely points to a more measured and responsible approach to the price of treatments and vaccines during the pandemic. Gilead GILD Shares, It gained 0.9% in trading on Monday following …
Read More »High volatility is here to stay in 2020. Goldman names 31 stocks to offer best risk-adjusted returns amid turmoil
The grim milestones of 10 million global coronavirus cases and more than 500,000 deaths, along with spikes in various U.S. states, have not deterred investors on Monday. US stocks rose in early trading, despite further indications that a second wave may be just around the corner. The Dow Jones Industrial …
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