Vaccines have transformed the world, saving hundreds of millions of lives. They are also by far our best hope for stopping the Covid-19 pandemic. Our other options to stop the disease are to stay apart, which hurts our economy and society, or to build a “collective immunity” through natural infection, …
Read More »AstraZeneca reports strong gains and progress from the vaccine. The stock is going up.
Text size fake pictures Shares of AstraZeneca rose on Thursday as new drug sales helped the British pharmaceutical giant exceed expectations in the second quarter. Late-stage trials for its experimental coronavirus vaccine, developed with the University of Oxford, have also begun in the UK, Brazil and South Africa, the company …
Read More »Johnson & Johnson begins trial of one-dose Covid-19 vaccine
Text size Johnson & Johnson became the third western biopharmaceutical company to start a new test of its Covid-19 vaccine this week, but with one difference: in a surprise announcement Thursday morning, the company said it would test its vaccine in a format single dose. Moderna (MRNA) and Pfizer (PFE) …
Read More »UPS shares skyrocket to best day of all as surprisingly strong consumer demand yields big profits
Shares of United Parcel Services Inc. soared to their best day ever on Thursday as surprisingly strong consumer demand in the face of the COVID-19 pandemic offset the weakness in business demand and helped prepare the giant for delivering packages for the upcoming peak shopping season. Christmas came early for …
Read More »Silver: the poor man’s gold no more?
Investors have focused on a surge in record gold prices, but silver rose roughly 25% in July, the metal’s second-highest recorded monthly gain, and is still undervalued compared to the yellow metal. “Silver is often called ‘poor man’s gold’ because some of the same factors that drive gold prices up …
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