Text size Daniel Acker / Bloomberg Shares of the large pharmaceutical company Pfizer continue to rise one day after the company revealed promising and detailed data on a trial of its experimental vaccine Covid-19. Analysts said the highly aggressive timeline the company outlined on Wednesday was exciting, but far from …
Read More »Tesla stocks soar as deliveries flatten expectations
Tesla Inc.’s massive stock rally appears set to continue on Thursday after the company easily exceeded delivery expectations for the second quarter. The automaker said Thursday morning that it delivered approximately 90,650 vehicles in the second quarter, before the 72,000 deliveries analysts polled by FactSet had predicted. Tesla TSLA, + …
Read More »‘All of these advertisers will be back soon’
Posted: Jul 2, 2020 at 7:50 am ET Mark Zuckerberg, CEO of Facebook Inc., speaks during the Silicon Slopes Technology Summit in Salt Lake City, Utah, on January 31. Bloomberg news Hundreds of companies around the world have joined a temporary boycott against Facebook Inc., but CEO Mark Zuckerberg says …
Read More »Dun & Bradstreet raises $ 1.7 billion as shares gain 15.2% on IPO debut
Text size Spencer Platt / Getty Images On their second trip to the equity markets, Dun & Bradstreet Holdings shares gained 15.2% in their trading debut on Wednesday. Dun & Bradstreet (ticker: DNB) shares traded up to 17% higher than their initial public offering price of $ 22. The shares …
Read More »McDonald’s postpones reopening plans as coronavirus cases rise
McDonald’s Corp. is pausing to reopen the dinner service in the US as coronavirus cases continue to spread across the states. The hamburger giant said Wednesday it would wait three weeks before new US restaurants add a dinner service to its hawker, takeaway and delivery operations. “Our resistance will be …
Read More »