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 »IBM shares rise as earnings exceed expectations, but sales decline once again
Shares of International Business Machines Corp. gained Monday night, after the tech giant reported another decline in revenue, but produced more profits and sales than Wall Street expected amid the COVID pandemic- 19. IBM IBM, + 1.00% reported second-quarter net income of $ 1.36 billion, or $ 1.52 per share, …
Read More »YRC Worldwide’s shares fall after a panel of Congress decides the company is not essential to national security
YRC Worldwide Inc. YRCW Shares, -27.17% It plunged 4.6% in midday trading on Monday, after a panel of Congress said the trucking company failed to meet the test to be designated as essential to national security, The Wall Street Journal reported. The stock shot up 74.6% on July 1 after …
Read More »Buffett’s Berkshire Hathaway has lost more market value in 2020 than all but 4 US listed companies
Clearly, it’s good to be in tech this year. Banks, not so much. The proof is in this tweet from the CEO and co-founder of Roundhill Investments, Will Hershey, who presented the most important winners and losers in the stock market so far this year. As you can see JPMorgan …
Read More »Microsoft stocks rise at the rate of Dow winners after more analysts raise targets before earnings
Shares of Microsoft Corp. MSFT, + 2.98% increased 2.0% in morning trading, enough to boost the DJIA of the Dow Jones Industrial Average, -0.07% winners, after more analysts became more optimistic about the software and the cloud giant ahead of the fourth-quarter fiscal earnings slated for Wednesday. Raymond James’ Robert …
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