Huawei, the world’s largest smartphone supplier, says it’s stopping processor chips due to US sanctions against the company, The Associated Press report. And according to Richard Yu, CEO of Huawei’s consumer business unit, with effect from next month, the Chinese phone maker will no longer be able to make its …
Read More »This company married Trump over his vaccine for Covid-19. Experts Are Skeptical.
As the deadly new virus spread worldwide, Inovio Pharmaceuticals, a small biotech company in Pennsylvania, rushed to develop a vaccine. After announcing promising early results, Inovio’s stock market rose more than 1,000 percent. By gaining momentum, the company sold more shares to the public. That was in 2009, when H1N1, …
Read More »US response to coronavirus surprises Europe
The failure of the United States to contain the spread of the coronavirus has been met with astonishment and alarm in Europe, as the most powerful country in the world comes close to a world record of 5 million confirmed infections. Perhaps nowhere outside the US is America’s bungled virus …
Read More »“Call of Duty” marks a record year at Activision Blizzard
Activision Blizzard (NASDAQ: ATVI) continued to benefit from people at home playing video games in the second quarter. Net bookings jumped 72% year-over-year to $ 2 billion. The strong results were driven by several franchises across the company, but the Activision segment was the standout, with net revenue nearly doubling …
Read More »If you invested $ 1000 in Pfizer during the last recession, this is how much you would have today
Imagine you are an investor in early 2009, consider buying shares from Pfizer (NYSE: PFE). The US is in a deep recession. Many investors are still worried about shrinking the market just a few months earlier. Sales glide for Pfizer’s cholesterol drug Lipitor, the best-selling drug in the world. Several …
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