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Moderna Inc. News

Cathie Wood Watch: Ark Dumps Pfizer, Buys Tesla

Wood's flagship Ark Innovation ETF has sunk 53% so far this year, as her technology companies have hit the skids.

Novavax Stock Surges as FDA Panel Recommends EUA for Protein-Based Covid Vaccine

"The advisory committee's positive recommendation acknowledges the strength of our data and the importance of a protein-based Covid vaccine," said CEO Stanley Erck.

Ebay Tops BofA List of Companies with High Free Cash Flow

Bank of America put together a list of S&P 500 stocks with the highest free-cash-flow-to-enterprise value ratios.

Stock Market Today - 5/4: Dow Surges 930 Points As Powell Plays Down 75 Basis Point Rate Talk Following Fed Hike

Federal Reserve Chairman Jerome Powell, added a dovish caveat to the central bank's biggest rate hike in 22 years,, suggesting that core inflation may have peaked and that a 75 basis point rate hike is not being "actively considered" by policymakers.

Moderna Stock Active After Smashing Q1 Earnings Forecast, Affirming Vaccine Sales Forecast

"Today, we are reiterating our signed advanced purchase agreements for 2022 of $21 billion," said CEO Stéphane Bancel.

Breaking News

Tesla Q2 Deliveries Slump To 254,695 As Shanghai Shutdown, Supply Chain Snarls Take Toll

Tesla said it had a record rate of production in June, but supply chain disruption and the closure of its Shanghai gigafactory triggered a slump in Q2 deliveries.

Summers, Others Cite Growing Chance of Recession

GDP shrank an annualized 1.6% in the first quarter, and some experts anticipate another drop in the second quarter.

Coinbase Faces A New Scandal

The platform denies selling proprietary customer data and announces it is expanding into several European countries.