Disney shares are holding above their three-year low amid a coronavirus outbreak. But how much the pandemic will ultimately affect the finances of the media giant remains to be seen. Two months on Wall Street were stormy when the stock market tumbled. Disney stocks were highly volatile as the media giant's theme parks remained closed and all new travel on the Disney Cruise was suspended. Disney initially closed its theme parks in Shanghai, Hong Kong, and Tokyo in response to the coronavirus pandemic and warned of a loss of $175...
Microsoft urged governments and companies around the world to share their data with other organizations to prevent what the company said could lead to a concentration of digital energy in the hands of the United States, China and a small number of giant technology companies. The software company on Tuesday fully supported the "open data" movement, which includes providing data for sharing and reuse by others, much as open source software has changed the way some computer code is produced. Microsoft said it would work with...
The NZD/USD currency pair is being traded at 0.5975. The pair is traded inside the Ishimoku Cloud, which implies a sideways trend. The upper bound of the Indicator Cloud is expected to be tested near 0.6055, then it will fall to the level of 0.5755. The signal in favor of the quotes decrease will be the rebound from the lower boundary of the upward channel. NZD/USD, 30 min Pivot: 0.5999
The main aspect of the growth of Apple Inc. shares may be what may seem to investors not too attractive. The prospect of increasing gross profitability of the product will come when the company will invest more in services such as App Store and Apple Music. Last fiscal year, Gross Profitability of services amounted to 64%, and, they remain mostly at the same level, the productivity of services will help to raise the margin for the business as a whole, as the revenue of the segment will grow faster than sales of equipment in...
The price of gold fell by more than 1% on Friday as appetite for risk improved amid plans to restart the American economy and early signs of success in testing the drug for treatment COVID-19. Despite the "time lag" between the financial markets and the real economy, the restart of the US economy suggests that its recovery may occur much faster than expected, which in turn will put pressure on gold. GOLD/USD, 30 min Pivot: 1682.70
