BioNTech SE

Vaccine maker stocks fall as Trump chooses RFK Jr. to lead HHS
Business

Vaccine maker stocks fall as Trump chooses RFK Jr. to lead HHS

Independent presidential candidate Robert F. Kennedy Jr. makes an announcement on the future of his campaign in Phoenix, Arizona, U.S. August 23, 2024.  Thomas Machowicz | Reuters Shares of vaccine makers fell on Thursday as President-elect Donald Trump nominated Robert F. Kennedy Jr., a prominent vaccine skeptic, to lead the Department of Health and Human […]

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Stocks making the biggest moves midday: Tesla, Airbnb, Toast, Pinterest & more
Finance

Stocks making the biggest moves midday: Tesla, Airbnb, Toast, Pinterest & more

Check out the companies making headlines in midday trading. Tesla — The electric vehicle stock gained nearly 7%, continuing to rally on the heels of Donald Trump winning a second presidential term. The Elon Musk-helmed company saw its market capitalization rise to $1 trillion on Friday. Shares have gained more than 26% this week. Trump […]

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Stocks making the biggest moves premarket: Pinterest, Monster Beverage, Bath & Body Works, Trump Media & more
Finance

Stocks making the biggest moves premarket: Pinterest, Monster Beverage, Bath & Body Works, Trump Media & more

Check out the companies making headlines before the bell. Trump Media & Technology Group — Shares of President-elect Donald Trump’s media company fell another 4.6% in premarket trading following a 23% plunge in the previous session. The stock, which trades under ticker Trump’s initials, DJT, has given up Wednesday’s rally triggered by Trump’s election victory. […]

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Stocks making the biggest moves midday: Visa, Smartsheet, JD.com and more
Finance

Stocks making the biggest moves midday: Visa, Smartsheet, JD.com and more

Check out the companies making headlines in midday trading: Visa — Shares dropped nearly 4% following a Bloomberg report that the Justice Department is preparing to file an antitrust lawsuit against the credit card network and payments processor. Smartsheet — Shares surged more than 6% after Blackstone and Vista Equity Partners agreed to buy the […]

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Stocks making the biggest moves premarket: Visa, Starbucks, Salesforce, Lowe’s and more
Finance

Stocks making the biggest moves premarket: Visa, Starbucks, Salesforce, Lowe’s and more

Check out the companies making headlines in premarket trading: Thor Industries — Shares dropped 2% after the RV maker issued disappointing fiscal-year earnings guidance. The company expects earnings per share to range between $4 and $5, well below a StreetAccount estimate of $6.27 per share. Arlo Technologies — The security systems company popped 3% after […]

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Healthy Returns: The race to develop combination shots targeting Covid, flu is heating up
Health

Healthy Returns: The race to develop combination shots targeting Covid, flu is heating up

New vaccine COMIRNATY® (Covid-19 Vaccine, mRNA) by Pfizer, available at CVS Pharmacy in Eagle Rock, California. Irfan Khan | Los Angeles Times | Getty Images A version of this article first appeared in CNBC’s Healthy Returns newsletter, which brings the latest health-care news straight to your inbox. Subscribe here to receive future editions. Good afternoon! […]

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Moderna stock falls more than 10% as it slashes guidance on low EU sales, tough U.S. vaccine market
World

Moderna stock falls more than 10% as it slashes guidance on low EU sales, tough U.S. vaccine market

Moderna on Thursday reported second-quarter revenue that beat expectations but slashed its full-year sales guidance, citing lower expected sales in Europe, a “competitive environment” for respiratory vaccines in the U.S. and the potential for deferred international revenue into 2025.  The biotech company now expects 2024 product revenue to come in between $3 billion to $3.5 […]

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Pfizer struggles to claw back faith with Wall Street and its employees as it recovers from the Covid decline
Health

Pfizer struggles to claw back faith with Wall Street and its employees as it recovers from the Covid decline

Kena Betancur | Corbis News | Getty Images Pfizer had a “phenomenal” first quarter — and Wall Street took notice, CEO Albert Bourla told thousands of employees during a companywide town hall on May 2, according to a recording heard by CNBC.  A day earlier, the pharmaceutical giant’s stock had closed 6% higher after its […]

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Pfizer shares fall as 2024 revenue and profit forecast disappoints
Business

Pfizer shares fall as 2024 revenue and profit forecast disappoints

Shares of Pfizer fell Wednesday after the drugmaker forecast 2024 revenue and profit below Wall Street’s expectations, as it sees weak demand for its once-blockbuster Covid products.  Pfizer also raised the target of its sweeping cost-cutting plan by $500 million, bringing the anticipated total to $4 billion. The company expects 2024 revenue of $58.5 billion […]

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Stocks building the most significant moves midday: Tesla, Disney, Alibaba, Ulta Splendor and a lot more
World

Stocks building the most significant moves midday: Tesla, Disney, Alibaba, Ulta Splendor and a lot more

Examine out the organizations creating headlines in midday trading. Tesla — Tesla shares slipped less than 1% as Wall Road assessed the firm’s extensive-anticipated Cybertruck pursuing a supply start occasion Thursday in Texas. Disney — Disney shares were being nearly flat soon after the leisure large reinstated its dividend at 30 cents per share amid […]

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