Instagram co-founder Kevin Systrom told CNBC on Monday that the coronavirus tracking website he helped build shows troubling levels of spread in many U.S. states. Epidemiologists use something called R0, or R nothing, as a way to measure how a virus is spreading. For example, an R value of 1 …
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Drew Angerer / Getty Images Facebook shares fell about 1% on Monday as more advertisers boycotted its platform. The drop followed an 8.3% drop on Friday amid the first round of withdrawn advertising. The two-day decline in shares has resulted in approximately $ 60 billion in market value being erased …
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People walk through the New York Stock Exchange (NYSE) building during the Covid-19 pandemic in New York on May 26, 2020. Tayfun Coskun | Anadolu Agency | fake pictures (This story is for CNBC Pro Subscribers only.) The coronavirus pandemic, which appears to be experiencing a resurgence, is causing more …
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Take a look at some of the most important engines on the previous market: Gilead Sciences (GILD) – Gilead priced its Covid-19 antiviral treatment remdesivir, with developed world governments paying $ 390 per dose and privately insured patients charging $ 520 per dose. Intercept Pharmaceuticals (ICPT): The Food and Drug …
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This is what you need to know to Catch up and follow your day. (You can also receive daily “5 things you need to know today” in your inbox. Sign up here.) 1. Coronavirus More than half a million people have died of Covid-19 worldwide, and more than 10 million …
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