Posts with tag: technology
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.
Published on: February 14, 2025, 03:02 PM UTC
Novo Nordisk shares have fallen after a Super Bowl advertisement promoted generic versions of its weight-loss drug. The company's market capitalization is now below SAP SE, and it faces competition from Hims & Hers Health Inc. and other telehealth firms.
Published on: February 14, 2025, 03:01 PM UTC
BlackRock CEO Larry Fink receives carried interest tied to private markets growth, expanding his executive responsibilities and potential value creation for the firm.
Published on: February 14, 2025, 03:00 PM UTC
US stocks mixed at open as investors digest retail sales, tariff plan
Published on: February 14, 2025, 03:00 PM UTC
Russian stock market surges after Trump-Putin call on Ukraine war, signaling potential shift in US-Russia relations and raising concerns in Europe.
Published on: February 14, 2025, 03:00 PM UTC
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.
Published on: February 14, 2025, 02:03 PM UTC
Coinbase stock (COIN) declined despite a strong Q4 earnings report, but analysts say the muted reaction overlooks the company's growth potential in a bullish regulatory environment.
Published on: February 14, 2025, 02:02 PM UTC
Retail sales in the US dropped 0.9% in January due to cold weather and potential impact from fires in Los Angeles. Auto dealers, furniture stores, and online retail were particularly affected.
Published on: February 14, 2025, 02:00 PM UTC
Safran CEO Olivier Andries expects Boeing to reach 737 MAX production milestones this year.
Published on: February 14, 2025, 02:00 PM UTC
Egg prices are soaring due to avian flu, raising concerns about inflation expectations and the Fed's monetary policy.
Published on: February 14, 2025, 01:01 PM UTC