Text size Moderna CEO Stephane Bancel says his company will keep returning cash to investors until it finds a better way of creating value. Jason Alden/Bloomberg Moderna ’s CEO is feeling no pressure ...
Tag: Biotechnology
Moderna (MRNA) Q2 2022
Illustration of a vial of Moderna vaccine for coronavirus treatment. Marcos Del Mazo | Lightrocket | Getty Images Moderna on Wednesday reported second quarter results that beat earnings and revenue ex...
Moderna’s Earnings Are Wednesday. Here’s What to Expect.
Text size Moderna is developing two vaccines for the fall, one for the U.S. and the other for international markets. Sean Gallup/Getty Images As the U.S. prepares for a broad Covid-19 booster campaign...
Get Ready For An Explosion Of Productivity In Biotechnology
plant seeding growing step. concept agriculture getty If biotech follows the same arc of growth as agriculture or computer technology, it could transform the world. For all of our shortcomings, humans...
AbbVie Stock Slips After Earnings, Charge for Potential Opioid Deal
Text size AbbVie said it continues to expect adjusted diluted earnings of between $13.78 and $13.98 per share for the full fiscal year. Dreamstime The drugmaker AbbVie turned in quarterly earnings tha...
Health secretary calls on Congress and states to do more to help contain monkeypox outbreak
People wait in line for the monkeypox vaccine at the Balboa Sports Center in the Encino neighborhood of Los Angeles, California, on July 27, 2022. Robyn Beck | AFP | Getty Images The U.S. health secre...
Impact investing opportunities with Vanguard despite ESG concerns
It’s a fund looking to make money from green investing. The inclusive, actively managed Vanguard Baillie Gifford Global Positive Impact Stock Fund (VBPIX) is an environmental, social and governa...
Solar Stocks Surge After Energy Bill Gets Backing From Sen. Manchin
Text size Sen. Joe Manchin said he supported a spending package that includes funding for energy and climate programs. Andreas Rentz/Getty Images Solar stocks were surging Thursday after Sen. Joe Manc...
U.S. to release 786,000 additional monkeypox vaccine doses as outbreak spreads
The U.S. will make 786,000 additional monkeypox vaccine doses available to local health departments “as soon as possible” after the Food and Drug Administration approved the shots for dist...
WHO recommends gay, bisexual men limit sexual partners to reduce spread
People line up outside the Test Positive Aware Network nonprofit clinic to receive the monkeypox vaccine in Chicago, Illinois, July 25, 2022 Eric Cox | Reuters The World Health Organization on Wednesd...
New way to short Tesla with AXS Investments ETF
Investors have a new way to make bullish and bearish bets on large-cap stocks. AXS Investments launched eight of 18 approved single-stock leveraged ETFs this month. The funds aim to increase exposure ...
WHO declares spreading monkeypox outbreak a global health emergency
Pavlo Gonchar | Lightrocket | Getty Images The World Health Organization has activated its highest alert level for the growing monkeypox outbreak, declaring the virus a public health emergency of inte...
Biden administration considering public health emergency
A Northwell Health staff member holds the monkeypox vaccine, at Cherry Grove on Fire Island, New York, where monkey pox vaccines were administered on July 14, 2022. James Carbone | Newsday | Getty Ima...
Polio case confirmed in New York state, health-care providers told to look for more
Polio virus, illustration. Each virus particle is composed of a protein coat around a core containing RNA genetic material. This virus infects children and causes the disease poliomyelitis or infantil...
CDC panel recommends Novavax vaccine for adults
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 The Centers ...
Texas sues Biden administration over abortion rule
Texas Attorney General Ken Paxton speaks during a news conference after the U.S. Supreme Court heard oral arguments in President Joe Biden’s bid to rescind a Trump-era immigration policy that fo...
Cathie Wood Watch: Ark Buys Big Into Biotech
Renowned investor Cathie Wood, chief executive of Ark Investment Management, on Monday purchased a heavy dose of biotechnology stocks. All valuations below are as of Monday’s close. Ark funds bought 8...
Hospitalizations have doubled since May as omicron BA.5 sweeps U.S.
Medical staff treat coronavirus disease (COVID-19) patient Frank Clark in his room on an isolated medical unit floor at Western Reserve Hospital in Cuyahoga Falls, Ohio, January 5, 2022. Shannon Stapl...
HHS says physicians must provide abortions in medical emergencies, regardless of state law
Secretary of Health and Human Services Xavier Becerra testifies before the Senate Health, Education, Labor, and Pensions Committee hearing to discuss reopening schools during the coronavirus disease (...
U.S. scientists to enroll 40,000 in high-stakes, $1.2 billion Recover study
A healthcare worker administers a Covid-19 test at testing site in San Francisco, California, U.S., on Monday, Jan. 10, 2022. David Paul Morris | Bloomberg | Getty Images The National Institutes of He...
These 4 Stocks Are Bouncing Off The June Lows
Upward. getty These 4 stocks are bouncing so well off of their June lows that they’ve each managed to establish new 50-day highs. That is, they’re higher now than at anytime in the past 50 days of tra...
This strategist warned investors not to chase momentum at the top. Now he says it’s time to be a contrarian.
Michael Darda, chief economist and market strategist at MKM Partners, was no fan of the stock market when it was registering record highs. “Blinded by liquidity and false expectations of the proverbia...
Merck Is Now in Advanced Talks to Buy Cancer Biotech Seagen for $40 Billion
Text size New Jersey-based Merck has a market value of more than $234 billion. Michael Vi/Dreamstime Merck & Co is in advanced talks to buy Seagen in a deal that could value the cancer biotech at...
Merck Is in Advanced Talks to Buy Seagen for Roughly $40 Billion or More
Merck & Co. is in advanced talks to acquire Seagen and is aiming to agree on a purchase of the cancer biotech in the next few weeks, according to people familiar with the matter, in a deal that co...
Pfizer Raises Covid-19 Vaccine Price 27%. What It Means for the Stock.
Text size Pfizer said it has signed a deal to supply the U.S. with vaccines in the fall, while Moderna has yet to announce a sale. Jacob King – WPA Pool / Getty Images Pfizer has raised the U.S....
U.S. to deploy nearly 300,000 monkeypox vaccine doses to fight outbreak
Mock-up vials labeled “Monkeypox vaccine” are seen in this illustration taken, May 25, 2022. Dado Ruvic | Reuters The U.S. will deploy nearly 300,000 monekypox vaccine doses in the coming...
FDA panel recommends changing Covid shots to fight omicron this fall
A healthcare worker prepares a syringe with the Moderna COVID-19 vaccine at a pop-up vaccination site operated by SOMOS Community Care during the COVID-19 pandemic in Manhattan in New York City, Janua...
Semiconductor stocks have been hit hard, but many are poised for rapid growth. Here are 15 expected to shine through 2024
In December, we listed analysts’ favorite semiconductor stocks for 2022. That hasn’t turned out well. But after chipmakers’ stocks have been hammered, the group is now trading at “normal-level valuati...