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Tesla's earnings report will include refocusing on its car business, and it comes as competition heats up
GM's recent success puts pressure on Tesla as it fights to maintain its EV dominance ahead of today…
Dan DeFrancesco
Earnings season kicks off after a blowout jobs report upended investors' hopes of another interest-rate cut
The spotlight is on earnings season after a surprise jobs report called into question when the next…
Dan DeFrancesco
Moderna stock tumbles 21% as earnings show people aren't getting as many COVID shots
Moderna lowered its annual sales forecast as sales of its COVID-19 vaccine dropped by 37%, fueled b…
Kelly Cloonan
Pfizer says that it may earn over $100 billion just by selling COVID-19 vaccine and antiviral pill
The rollout of the vaccine has already led to a substantial financial windfall for the New York …
US stocks rise as investors digest more 4th-quarter earnings and await key inflation data
Fourth-quarter consensus EPS is now tracking 6% above where it stood on January 1, which is higher …
Isabelle Lee
Sensex, Nifty50 flat in morning trade: HDFC twins, Maruti Suzuki amongst top losers
India’s benchmark indices Sensex and Nifty50 were flat in morning trade on Tuesday amidst positive …
Moderna tumbles 17% after cutting 2021 vaccine-sales forecast and badly missing earnings
Moderna now anticipates full-year production between 700 million and 800 million doses, a downgrade…
Phil Rosen
Pfizer brought in $3.5 billion from COVID-19 vaccine sales in the first 3 months of 2021
Pfizer said it expects $26 billion in revenue from its coronavirus shot in 2021, up $11 billion fro…
Tim Levin
Pfizer climbs after boosting its 2021 COVID-19 vaccine sales forecast by 73%
The company now expects vaccine revenues of around $26 billion, 73% higher than initially projected.
Isabelle Lee
Bill Ackman's antisemitism crusade has earned him a new fan Elon Musk
Musk called for Harvard's defunding this week, amidst the backlash toward president Claudine Gay ov…
Kwan Wei Kevin Tan
BioNTech rallies 16% after boosting the sales forecast for its COVID-19 vaccine and projecting sturdy demand ahead
Vaccine demand is likely to persist well into next year, the company said, with more than a billion…
Ethan Wu
US stocks drop as the economic reopening trade takes a hit
US stocks dropped at the open Tuesday as the economic reopening trade lost steam and major airline …
Emily Graffeo
Pfizer expects to make nearly as much revenue just from COVID-19 vaccines in 2021 as it earned in all of 2020
The drugmaker expects to earn $36 billion from vaccine sales by the end of 2021, compared to $41.9 …
Jake Epstein
4 big takeaways from earnings season as Wall Street digests surprisingly resilient corporate results
More than 80% of S&P 500 firms that have reported earnings so far have beaten analyst expectations,…
Jennifer Sor
US stocks trade mixed amid earnings rush and fresh economic data
The number of job openings in June dropped by more than expected, according to data from the Labor …
Jason Ma
Pfizer and Moderna could earn $32 billion in revenues from their COVID-19 vaccines in 2021
Pfizer expects to supply up to 1.3 billion doses of its shot in 2021, while Moderna expects to manu…
Grace Dean
Pfizer drops after issuing weaker 2022 outlook, dragging COVID-19 vaccine makers Moderna and Novavax down with it
The drugmaker expects 2022 revenue of $98 billion to $102 billion, which fell below analyst expecta…
Matthew Fox
Pfizer says it will no longer make a profit from selling its patented drugs to 1.2 billion people in 45 low-income countries
Pfizer will sell 23 drugs used to treat infectious and inflammatory diseases, cancers, and coronavi…
Urooba Jamal
Pfizer extends 5-day gain to record territory as US recommends COVID-19 booster shot
Pfizer cleared a massive resistance level last week when it surged above its record high of $47.39 …
Matthew Fox
Pfizer jumps 6% to eclipse record high reached in 1999 as strength from COVID-19 vaccine continues
Shares of Pfizer jumped to a high of $48.57 on Tuesday, more than a dollar higher than its previous…