Wednesday, 27 Nov 2024

Stock Alert: American Express Rises 5%

Stock Alert: Inspired Entertainment Shares Soar 35% In Pre Market

Shares of Inspired Entertainment Inc. (INSE) are surging over 35% in pre-market today, following the company’s contract with DraftKings to provide its new V-Play Plug & Play solution, a complete end-to-end online virtual sportsbook product that allows DraftKings to access Inspired’s Virtual Sports with minimal integration effort and rapid speed-to-market.

DraftKings would gain access to Inspired’s groundbreaking new V-Play NFLA Legends Football and V-Play Basketball. NFLA Legends Football is an officially licensed product with the NFL Alumni, which brings all-time favorite NFL legends back to the field.

Virtual Sports could provide betting content 365 days a year, 24 hours a day, 7 days a week.

The stock has been trading in the range of $1.87 – $9.70 for the past one year, and closed Thursday’s trade at $1.99, down 7 cents or 3.40%. INSE is currently trading at $2.70, up 71 cents or 35.68% in the pre-market trading session.

Guinea criticised for dam project: HRW says people forgotten

Guinea’s government is accused of displacing thousands of people for the construction of a hydroelectric dam.

Guinea’s government is being accused of destroying the livelihoods and food security of thousands of people, who have been forced to leave their homes because of a new dam project.

Human Rights Watch says the government has failed to provide adequate compensation or support to those affected.

Al Jazeera’s Victoria Gatenby reports.

Canadian astronaut Chris Hadfield on self-quarantine

Hadfield is reaching out to those of us feeling isolated by quarantines during the COVID-19 crisis.

Famous for singing David Bowie’s Space Oddity – in space – Canadian astronaut Chris Hadfield also emerged as possibly the most social media-savvy astronaut out there.

With his videos about life in space already having garnered millions of views, Hadfield is now offering self-isolation advice for people here on Earth who are trying to cope with lockdowns imposed to stem the spread of coronavirus.

Al Jazeera’s Daniel Lak reports from Toronto, Canada.

Stock Alert: NIKE Rises 3%

Shares of NIKE, Inc. (NKE) are climbing more than 3% Friday morning at $88.95. There are no company-specific news to drive the stock up. It has gained more than 40% in less than one month.

The US stocks have been on an uptrend for the second consecutive week on the optimism that the economy may start opening partially shortly. Further there have been promising early data related to a potential coronavirus treatment from Gilead Sciences (GILD).

In February, Nike had reported excellent third-quarter results with 7% year-on-year increase in revenue at $10.1 billion.

Nike shares have traded in the range of $60- $105.62 in the past one year.

Stock Alert: NIKE Rises 3%

Shares of NIKE, Inc. (NKE) are climbing more than 3% Friday morning at $88.95. There are no company-specific news to drive the stock up. It has gained more than 40% in less than one month.

The US stocks have been on an uptrend for the second consecutive week on the optimism that the economy may start opening partially shortly. Further there have been promising early data related to a potential coronavirus treatment from Gilead Sciences (GILD).

In February, Nike had reported excellent third-quarter results with 7% year-on-year increase in revenue at $10.1 billion.

Nike shares have traded in the range of $60- $105.62 in the past one year.

Pompeo: Nations should rethink use of China's Huawei amid coronavirus

Maria Bartiromo: Washington officials learned about coronavirus days after phase one China trade deal

FOX Business’ Maria Bartiromo shares information from her sources in Washington about China’s prior insight on the coronavirus and bringing it to the U.S.

WASHINGTON – U.S. Secretary of State Mike Pompeo on Friday said China's role in the global coronavirus pandemic is likely to force countries to rethink their telecommunications infrastructure, including the adoption of China-based Huawei's 5G networks.

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Asked about use of Huawei and 5G, Pompeo told Fox Business Network in an interview: "I am very confident that this moment — this moment where the Chinese Communist Party failed to be transparent and open and handle data in an appropriate way — will cause many, many countries rethink what they were doing with respect to their telecom architecture."

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"And when Huawei comes knocking to sell them equipment and hardware, that they will have a different prism through which to view that decision."

(Reporting by Susan Heavey; Editing by Toby Chopra)

Stock Alert: American Express Rises 5%

Shares of American Express Co. (AXP) are rising more than 5 percent or $4.35 in Friday’s morning trade at $85.70. The stock has traded in a range of $67.00 to $138.13 in the past 52 weeks.

U.S. stocks are rising on Friday amid a report of promising early data related to a potential coronavirus treatment from Gilead Sciences (GILD). Health-care publication STAT News reported that the experimental Covid-19 treatment remdesivir is showing promise in a Chicago clinical trial.

In a securities filing on Thursday, Hilton Worldwide Holdings Inc. (HLT) said that in April, it pre-sold $1 billion worth of points in its Hilton Honors loyalty program to American Express. The hotel company will use the proceeds from the Hilton Honors points sale for working capital, general corporate and other purposes.

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