Despite the fact that Big Tech’s day in the antitrust spotlight is delayed, next week will be a great test for the biggest names on Wall Street. Parent company of Google Alphabet Inc. GOOGL, -0.56% GOOG, -0.25% , Amazon.com Inc. AMZN, + 0.74% Apple Inc. AAPL, -0.24% and Facebook Inc. …
Read More »Investors applaud when two coronavirus vaccine candidates report T-cell responses, but findings are still at an early stage
At least two experimental COVID-19 vaccines produced a T-cell response in participants in early-stage clinical trials, which may indicate a longer-lasting form of immunity than an antibody response. BioNTech BNTX, + 3.46% and Pfizer Inc. PFE, + 0.69% It said early Monday morning that an ongoing early-stage clinical trial for …
Read More »Tesla’s prayer for profit, profit tests for Intel and Microsoft highlight first big week of profit contaminated with coronavirus
To date, this earnings reporting season has lived up to expectations that it will be the worst since the depths of the 2008 financial crisis, but a number of big names could offer better news in the coming week. Tesla Inc. TSLA, + 0.01%, Microsoft Corp. MSFT, -0.51%, and Intel …
Read More »Dell jumps 17% after confirming possible spin-off from software firm VMware, Bank of America raises target price
Jerod Harris / Getty Images for Dell Dell shares soared as much as 17% more on Thursday after the company confirmed that it is considering a spin-off of its $ 50 billion stake in software firm VMware. Such a transaction would not take place before September 2021 and the two …
Read More »This ‘world-class disruptor’ is the next Netflix and will give shareholders great benefit, says merchant
At the beginning of last week, the shares of Spotify Technology SPOT, + 4.86% took a hit when Guggenheim analyst Michael Morris cut stocks to sell, believing that “the market is now pricing stocks for blue sky growth, which has made the risk reward unattractive “ But that “blue sky …
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