New York CNN Business — Pfizer, BioNTech and Moderna are experiencing a post-vaccine hangover on Wall Street this year. All three stocks surged spectacularly in 2021, thanks largely to their Covid-19 vaccines’ success and strong sales. But 2022 hasn’t been as kind to them. Shares of Pfizer (PFE) are down about 15%, while its Comirnaty … Read more
The Deer & Co. John Deere 8R fully autonomous tractor is displayed ahead of the Consumer Electronics Show (CES) on January 4, 2022 in Las Vegas, Nevada. Patrick T. Fallon | AFP | Getty Images Check out the companies making headlines in midday trading. Deere — The stock plummeted 14.1% after Deere reported a miss … Read more
London CNN Business — Russia is about to cut off natural gas supplies to a third European country that refuses to accept the Kremlin’s demand for payment in rubles. Russian gas will stop flowing to Finland at 7 am local time on Saturday, Finnish state gas company Gasum said in a statement Friday. Poland and … Read more
This image is about the only thing you can find on the marketplace’s website, other than a button to connect your crypto walletScreenshot: GameStop The NFT market, and other blockchain-associated grips like cryptocurrency, are having a very bad month, as their perceived “value” evaporates and whatever actual monetary value they had falls through the floor. … Read more
CNN — When Jerome Bridges heard gunshots ring out in a Buffalo, New York, supermarket Saturday, he ran to lead some of his coworkers and customers to safety in the store’s break room and barricaded them inside with a heavy desk. “That’s all you heard, was firing, constant firing – firing and firing and firing,” … Read more
Sign up for CNN’s Wonder Theory science newsletter. Explore the universe with news on fascinating discoveries, scientific advancements and more. CNN — The Voyager 1 probe is still exploring interstellar space 45 years after launch, but it has encountered an issue that mystifies the spacecraft’s team on Earth. Voyager 1 continues to operate well, despite … Read more
It’s 13-F season, and you’re not going to find many like Guy Spier’s Aquamarine Capital in the first quarter —- zero buys, zero sells. “Pathetic, isn’t it,” quips Spier in an interview. Spier says he feels less pressure to trade for trading sake after he stopped charging management fees. He also cites the possibly apocryphal … Read more
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Stock futures fall as inflation claims another retailer Traders on the floor of the NYSE, May 17, 2022. Source: NYSE US stock futures dropped Wednesday as rising inflation slammed another retailer. Target sank 24% in the premarket, … Read more
Little known outside the former Soviet Union and its satellite countries, Moskvich was founded around 1930 and operated until 1991. As with many car brands from Communist bloc countries, Moskvich struggled with quality problems. The Muskovich 408 of the 1960s, which had a 50-horsepower engine, was even cited by Soviet officials for numerous defects, according … Read more
CNBC’s Jim Cramer said Tuesday that while the price of crude oil might see some gains, it’ll be limited in duration and scale, leaning on analysis from DeCarley Trading commodity strategist Carley Garner. “The charts, as interpreted by Carley Garner, suggest that the good news for oil might be mostly baked in, meaning the upside … Read more