Modern Inc. (MRNA) – Get report Shares rose in premarket operations on Wednesday after the drug maker reported uniformly positive data from an initial trial of its experimental coronavirus vaccine. Moderna said the phase 1 trial of MRNA-1273, its proposed candidate for the coronavirus vaccine, induced antibody reactions in the …
Read More »Wall Street waves, led by energy and materials
(Reuters) – Wall Street rose on Tuesday, with the Dow Jones Industrial Average finishing more than 2% higher when investors bought energy and materials stocks and looked beyond a recent surge in coronavirus cases. In widespread trade, Moderna Inc increased 18% after the biotech company’s experimental vaccine for COVID-19 showed …
Read More »Stock market today with Jim Cramer: Buy Citigroup
The Dow is up today as earnings for banks are starting to come in with JPMorgan Chase (JPM) – Get report and Wells Fargo (WFC) – Get report already reported and investors are weighing what to do next. The S&P 500 is also up, but the Nasdaq is down. Goldman …
Read More »Wells Fargo changes to $ 2.4 billion in losses and divides dividends
Wells Fargo (WFC) – Get report on Tuesday it posted a deeper-than-expected second-quarter loss and cut its dividend by a broader-than-expected margin as the coronavirus pandemic continued to hit earnings and the bank’s earnings outlook. The San Francisco-based bank reported a net loss of $ 2.4 billion, or 66 cents …
Read More »Tesla will continue its monster career and jump another 55% to $ 2,322, according to the Wall Street firm.
Despite the gravity-defying Tesla surge so far in 2020, the action has more room to run, according to a Monday note from Piper Sandler. Sandler raised its Tesla price target from $ 939 to a high of $ 2,322, implying a potential upside of 55% since Monday’s close. The company …
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