Tag: tech

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Mixed Q4 Earnings: Moderna Beats Revenue, Misses Earnings

Moderna (MRNA) reported mixed Q4 earnings, beating revenue estimates but missing on EPS. COVID-19 vaccine sales drove revenue, while a manufacturing charge led to a loss. CEO Bancel plans to reduce costs and secure product approvals. Concerns linger over a new administration's stance on vaccines.

Hims & Hers Super Bowl Ad Sparks Controversy, Lifts Stock

Hims & Hers stock surges on Super Bowl ad controversy and Health and Human Services secretary pick. Lilly and Novo Nordisk invest in GLP-1 production amid shortages.

US Stocks Surge on Trade Talk Delay, Tepid Inflation

US stocks closed higher on Thursday after President Trump announced plans to impose reciprocal tariffs but delayed their implementation, while investors processed another report indicating that inflation remains high. The Dow Jones Industrial Average (^DJI) climbed more than 0.7%, or 350 points, while the S&P 500 (^GSPC) gained over 1% to close at 6,115.06, near its record high of 6,118.71. The tech-heavy Nasdaq Composite (^IXIC) rose more than 1.5% as Nvidia (NVDA) and Tesla (TSLA) rallied.

Telehealth stock Hims & Hers surges on weight-loss drug ad controversy and HHS nominee

Hims & Hers stock surges on telehealth weight-loss ad controversy; FDA removes Lilly's tirzepatide drugs from shortage list, but concerns remain about Novo's semaglutide supply.

US Smokers Shift to Cheaper Cigarettes

Japan Tobacco sees rising demand for cheaper cigarettes in the U.S. as consumers trade down amid inflation and interest rate hikes.

Trump's Reciprocal Tariff Plan: India's Exemption Prospects Amidst Global Negotiations

Trump announces reciprocal tariffs, delays implementation to pursue negotiations

US Stock Futures Mixed Ahead of Retail Sales, Moderna Earnings

U.S. stock index futures pause on Friday as investors await more clarity on U.S. President Donald Trump's reciprocal tariff plans

Mass Firings at CFPB Extend Beyond Probationary Staff

The Trump administration fired dozens of full-time employees at the Consumer Financial Protection Bureau, including those with three-year contracts, according to five sources and termination letters. Employees can seek recourse if they believe their firings were the result of discrimination or whistleblower activities.

Air Canada projects record profit as travel demand soars

Air Canada forecasts 2025 core profit above estimates amid steady demand.

Sixth Street Specialty Lending Tops Q4 Earnings Forecasts

Sixth Street Specialty Lending, Inc. reported fourth-quarter net income of $51 million, surpassing Wall Street expectations.