Market against new COVID
US stocks are set for a bout of volatility, with equity futures pointing to a lower opening ahead of testimony from Federal Reserve Chairman Jerome Powell and growing concerns over the omicron option.
Dow Jones Industrial f...
New strain and the economy
US stock indices fell before the opening of trading on Tuesday after Fed Chairman Jerome Powell said risks to the economy, the labour market and inflation could become more difficult with...
Fighting a new strain
The stock market recovered slightly at the premarket on Monday after a sharp fall on Friday when the World Health Organisation (WHO) said that the new COVID-19 strain first identified in South Africa was a "strain of concern".
...
Coronavirus and stock markets
Stock markets in the US and Asia fell sharply on Friday amid reports of a dangerous new strain of COVID from South Africa, with cases of infection detected in Hong Kong. Countries are closing air borders and WHO will ho...
Booster vaccines
The FDA and CDC in the US on Friday approved Pfizer (PFE)/BioNTech (BNTX) and Moderna (MRNA) booster vaccines against COVID-19 for all adults in the US. Revaccination with J&...
Government contract for Pfizer
Shares in Pfizer (PFE) have risen amid reports that the US government has ordered 10 million courses of treatment with its Pfizer Paxlovid tablets for COVID-19.
President Joe Biden said o...
Shares have fallen
Moderna (MRNA) shares have lost most of their growth since the start of 2021, last week's financial report was significantly worse than market analysts' forecasts and confirmed the fears of many investors.
Moderna (MRNA)'s share ...
The COVID pill
Shares of Pfizer (PFE) jumped sharply Friday, following the release of stronger efficacy results for its COVID-19 pill compared to its Merck (MRK) counterpart. Shares of other coronavirus drug makers as well as vaccine makers fell. He...
2021 outlook
Pfizer (PFE) shares rose sharply by 4% on Tuesday after the company beat analysts' Q3 revenue and earnings estimates and raised its sales forecast for 2021. Pfizer investors are encouraged by expected sales of booster doses of COVID-19 ...
The American vaccine
The United States sent Taiwan 1.5 million doses of the COVID-19 vaccine produced by Moderna. This was announced on Sunday by Ned Price, head of the State Department's press office, on Twitter.
...
Price increases in shops
Some of the world's leading companies are betting that consumers will continue to pay more for products like coffee or toilet paper.
Major companies such as Procter Gamble, Nestle and Verizon Communications plan to increase...
Vaccine sales
J&J Company (JNJ) reported its financial results for the third quarter of 2021 earnings per share exceeded market analysts' forecasts, but revenues fell short of estimates. Sales of COVID-19 vaccines t...
Comic-Con is back
Fans of comic books and superhero movies returned to the Javits Center in New York on Thursday. Comic-Con, which was a virtual event due to the Covid virus last year, has returned to the Big Apple once again.
Participants expresse...
US jobs below expectations
The US economy added a record low number of new jobs outside agriculture in September since the start of 2021, with the unemployment rate falling t...
Global business
According to a recent study by Euler Hermes, the number of global business failures will increase by 15% by 2022, when government support programs will end in a pandemic. Companies in these countries will be the hardest hit.
Despite...
Unruly people on board aircraft
Despite the threat of tens of thousands of dollars of fines, groups of passengers acting erratically during flights, according to the FAA.
The latest FAA data was 7.1 reported incidents per 1...
The reason for the rise in the company's shares
The share price of Palantir (PLTR) rose sharply after Tuesday's close after the company won a multi-year contract worth 823 million from the US Army. The Palantir Gotham platfo...
Booster vaccines
CVS and Walgreens pharmacies across the country are administering Pfizer's COVID-19 vaccine boosters to millions of eligible Americans who are most at risk of contracting the virus.
About 6,000 CVS pharmacies and MinuteClinic acros...
Vaccination card in Wallet
Apple, Inc. has decided to distribute digital copies of covid-19 vaccination cards to Apple's Wallet app for users to send to businesses and locations. In a statement released Tuesday, the company&...
Supply disruptions
America's biggest housebuilders warn that supply chain disruptions caused by COVID-19 are not going away any time soon.
Both DR Horton Inc. and Lennar Corp., two of the biggest homebuilders in the US by market capitalisation, sai...
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