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 »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 …
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, + …
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