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5 mins read

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   


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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   


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1 min read

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   


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2 mins read

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 …

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2 mins read

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   


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4 mins read

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 …

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1 min read

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   


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2 mins read

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   


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2 mins read

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   


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3 mins read

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   


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1 min read

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   


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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   


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1 min read

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   


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2 mins read

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   


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1 min read

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   


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3 mins read

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   


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2 mins read

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   


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2 mins read

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   


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1 min read

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   


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1 min read

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…

Matthew Fox