Text size Cathie Wood’s ARK sold Tesla and bought Nvidia shares in three of its exchange-traded funds on Thursday. Getty Images Cathie Wood seems to have used Nvidia ’s tough day to buy more sto...
Tag: Biotechnology
CDC panel recommends new omicron Covid boosters with shots expected to begin next week
Justin Sullivan | Getty Images The Centers for Disease Control and Prevention’s independent committee on vaccines recommended reformulated booster shots that target the latest omicron subvariant...
U.S. health officials brace for another fall Covid surge, but with fewer deaths
People walk past a COVID-19 walk up testing site on July 28, 2022 in New York City. Liao Pan | China News Service | Getty Images Fall is on the horizon and public health officials are again bracing fo...
CDC cautiously optimistic outbreak might be slowing
The Centers for Disease Control and Prevention is cautiously optimistic that the U.S. is slowing the spread of monkeypox as new cases fall in several major cities. “We’re watching this wit...
Merck Looks Attractive, With or Without Seagen
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This Unpopular Move Could Save Invitae
It’s been an eventful 30 days for Invitae (NVTA) . That might be an understatement. The genetic testing pioneer announced a major strategic pivot July 18. The business replaced its CEO, laid of...
Child polio vaccination rate low in some New York areas, increasing outbreak risk
Nurse Lydia Fulton prepares to administer the measles, mumps, and rubella (MMR) vaccine as well as a vaccine used to help prevent the diseases of diphtheria, pertussis, tetanus, and polio at Children&...
CDC admits Covid response fell short, launches reorganization
Rochelle Walensky, MD, MPH, Director, United States Centers for Disease Control and Prevention; speaks during the COVID Federal Response Hearing on Capitol Hill on June 16, 2022 in Washington, DC. Joe...
Biden signs Inflation Reduction Act into law, setting 15% minimum corporate tax rate
After more than a year of debate over costs, taxes, tax credits and regulations, President Joe Biden finally signed his sweeping tax, health and climate bill into law — albeit a significantly reduced ...
Invitae Goes Full Meme Stock. What’s Next?
A little momentum and a big short squeeze can go a long way. Genetic testing platform Invitae (NVTA) ripped 277% higher on August 10. It was truly epic. Roughly 217 million shares traded hands. For ...
Passage of Inflation Reduction Act gives Medicare historic new powers
A pharmacist collects medications for prescriptions at a pharmacy. Simon Dawson | Bloomberg | Getty Images Medicare is poised to renegotiate the prices of some of its most expensive drugs through a hi...
Rivian, Illumina, Toast, and More Stock Market Movers Friday
Text size Rivian, the maker of electric trucks, maintained its production estimates for the full year. Courtesy Rivian Stock futures rose Friday amid more signs that inflation in the U.S. has been coo...
CDC eases guidance as U.S. has more tools to fight the virus
A sign outside of a hospital advertises COVID-19 testing on November 19, 2021 in New York City. On Friday vaccine advisers to the US Centers for Disease Control (CDC) and Prevention voted unanimously ...
10 defensive stocks that can also provide you with growth and dividends over the long term
The S&P 500 Index has rallied 10% since June 22 from a deep decline, but there are different schools of thought about whether investors are out of the woods yet. Mark Hulbert has called the recent...
Novavax slashes sales guidance in half, stock plunges 34%
Novavax Inc. executives slashed their annual sales guidance in half Monday while wildly missing financial expectations, sending shares down more than 30% in after-hours trading. Novavax NVAX, -5.01% n...
Novavax cuts 2022 revenue guidance in half, stock tanks in after-hours trading
In this photo illustration a silhouette of a man holding a medical syringe and a vial seen displayed in front of the Novavax logo on a screen. Cezary Kowalski | Lightrocket | Getty Images Novavax deep...
STD clinics struggle with surge in patients amid outbreak
Dr. Emily Drwiega from the University of Illinois Health and Maggie Butler, a registered nurse, prepare monkeypox vaccines at the Test Positive Aware Network nonprofit clinic in Chicago, Illinois, Jul...
What Stocks Are Moving Monday? Tesla, Palantir, First Solar and More.
Text size Tesla shares rise early Monday. (Photo by Justin Sullivan/Getty Images) Stock futures were trading higher Monday with investors assessing how aggressive the Federal Reserve will be in its ef...
Disney, Coinbase, BioNTech, Rivian, and Other Stocks to Watch This Week
Text size Second-quarter earnings season continues this week, while a pair of July inflation figures and consumer sentiment surveys will be the highlights on the economic-data calendar. On Monday, Tys...
Disney, Coinbase, BioNTech, Rivian, and Other Stocks for Investors to Watch This Week
Text size Second-quarter earnings season continues this week, while a pair of July inflation figures and consumer sentiment surveys will be the highlights on the economic-data calendar. On Monday, Tys...
Pfizer in Advanced Talks to Buy Global Blood Therapeutics for About $5 Billion
Pfizer is in advanced talks to buy Global Blood Therapeutics the maker of a recently approved drug for sickle-cell disease, for about $5 billion, in the latest move by the drug giant to bolster its po...
New York polio case is ‘tip of iceberg,’ hundreds could be infected
Digitally generated image of 3D molecular model of polio virus Calysta Images | Tetra Images | Getty Images Hundreds could have polio after an adult in the New York City metro area caught the virus an...
CDC estimates 1.7 million gay and bisexual men face highest risk from monkeypox
The Centers for Disease Control and Prevention estimates about 1.7 million men who have sex with men face the biggest threat from monkeypox right now. CDC Director Rochelle Walensky told reporters on ...
Biden administration will declare monkeypox a public health emergency
People protest during a rally calling for more government action to combat the spread of monkeypox at Foley Square on July 21, 2022 in New York City. Jeenah Moon | Getty Images The Biden administratio...
Wastewater samples outside New York City suggest community spread
Polio virus particle, computer illustration. Kateryna Kon | Science Photo Library | Getty Images Polio has been found in wastewater samples taken from two counties outside of New York City indicating ...
20 dividend stocks with high yields that are expected to raise payouts the most through 2024
There are different ways to select stocks based on dividends. An investor might look for companies paying high dividends, with the hope that payouts will keep rising. Or the investor might focus less ...