Health
How Big Tech is muscling in on health care — we rank the strategies of our 4 core holdings
They’re all vying for a slice of the more than $4 trillion that Americans spend each year on their health. Source
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Los Angeles health officials are investigating the death of a person who had monkeypox
A health care worker administers a dose of the JYNNEOS Monkeypox vaccine at a pop-up vaccination clinic in Los Angeles, California, on August 9, 2022. Patrick T. Fallon | AFP | Getty Images Los Angeles health officials are investigating the death of a person who had monkeypox. Dr. Rita Singhal, director of disease control in […]
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Morgan Stanley calls for a 26% gain in this under-the-radar ‘safe port in the storm’
Morgan Stanley says investors looking for a hideout in this volatile market should consider putting their money in this lesser known biotechnology stock. Analyst Andrew Galler initiated coverage of Halozyme Therapeutics with an overweight rating and a $50 price target, calling the company a “safe port in a storm.” “Given the macro backdrop, we view […]
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Buy this niche health care tech leader as pharmacies shift toward automation, Bank of America says
It’s a good time for investors to stock up on shares of Omnicell as the pharmacy industry turns toward automation, Bank of America says. Analyst Allen Lutz initiated coverage of the provider of automated solutions for medication management with a buy rating and $120 price target, saying in a note to clients Friday that he sees […]
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2 takeaways from the Investing Club’s ‘Morning Meeting’ on Thursday
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Thursday’s key moments. We made two trades: AMD, CVX Quick mentions: AAPL, QCOM, HUM 1. Two trades: AMD, CVX Stocks turned mixed Thursday after originally dropping during Federal Reserve Chairman Jerome Powell’s morning […]
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HIV-positive people who have monkeypox are hospitalized more often, CDC study says
People living with HIV who have monkeypox are hospitalized more than twice as often as other patients diagnosed with the rapidly spreading virus, according to a study from the Centers for Disease Control and Prevention. In a report published Thursday, the CDC found that 38% of nearly 2,000 people diagnosed with monkeypox between May and […]
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Deutsche Bank upgrades Moderna, says strong second-quarter results set up the stock for big gain ahead
Strong second-quarter results from Moderna make now an opportune time to buy shares of the biotechnology company, Deutsche Bank said. Analyst Emmanuel Papadakis upgraded shares of the Covid-19 vaccine maker to buy, citing quarterly numbers that beat analyst expectations . Papadakis also pointed to additional contracts unaccounted for in the company’s previous guidance and a […]
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Dr. Oz owns shares of companies that supply hydroxychloroquine, a drug he has backed as a Covid treatment
Republican Pennsylvania Senate candidate Dr. Mehmet Oz has financial ties to at least two pharmaceutical companies that supply hydroxychloroquine, an anti-malaria drug that he has floated as a possible Covid-19 treatment. Oz, a physician and veteran television show host who is facing Democrat John Fetterman in the race for Pennsylvania’s open Senate seat, owns along […]
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Omicron boosters are a key milestone, but aren’t likely to woo new investors to Pfizer, Moderna
It’s a new milestone in the Covid-19 pandemic. People will soon roll up their sleeves and get jabbed with a booster shot tailored to the dominant coronavirus strain circulating in the U.S. Health officials have suggested this is likely to become a new pattern, joining the annual ritual of the flu shot. “For the first […]
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3 takeaways from the Investing Club’s ‘Morning Meeting’ on Wednesday
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Wednesday’s key moments. Stocks are up – for now We’re fans of Starbucks incoming CEO Quick mentions: LLY, MRVL, BHC 1. Stocks are up – for now Wall Street recovered Wednesday after earlier […]
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