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Wall Street says buy stocks that pay dividends with $6 trillion of cash ready to be deployed

"We see more opportunities within equities for investors searching for yield," Bank of America's Sa…

Matthew Fox   


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1 min read

This overlooked obesity-drug stock has 80% upside, JPMorgan says

JPMorgan said it expects Structure Therapeutics' oral GLP-1 weight loss drug candidate to generate …

Matthew Fox   


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Stock market today: futures drop after Starbucks and McDonald's misses

US stock futures slid on Wednesday as Amazon's evidence of strong AI demand was tempered by signs o…

Theron Mohamed   


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Retail traders have been ditching the Magnificent 7 for pharma stocks like Eli Lilly, says JPMorgan

Nividia is still a retail darling, but last week saw individual investors pivot to names like Eli L…

Yuheng Zhan   


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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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Interest rates staying where they are is a forgone conclusion, but the Fed's decision day still matters

A September rate cut would come shortly before another major economic event: the US presidential el…

Dan DeFrancesco   


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1 min read

Arena Pharmaceuticals soars 97% as Pfizer to spend $6.7 billion to buy ulcerative colitis drug developer

Arena's stock surge comes after the price this year had dropped by 35%.

Carla Mozée   


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Pfizer and BioNTech surge after the FDA officially approves its COVID-19 vaccine

The vaccine will be marketed under the brand name Comirnaty, and the FDA hopes the approval will nu…

Matthew Fox   


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Pfizer agrees to buy Seagen for $43 billion

The agreement is an early sign that, despite the threat of close antitrust examinations and higher …

ANI   


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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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Trillium Therapeutics soars 200% after Pfizer inks deal to buy cancer-drug company for $2.3 billion

Pfizer had originally invested $25 million in Trillium in September of last year, as part of its br…

Matthew Fox   


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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   


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Moderna and Pfizer rebound after FDA authorizes third COVID-19 booster shot for immunocompromised

Year-to-date, shares of BioNTech, Moderna, and Pfizer have surged 357%, 275%, and 28%, respectively.

Matthew Fox   


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5 mins read

Pharmaceutical companies behind weight-loss drugs are slimming down a new target: The Magnificent 7

In today's big story, we're looking at pharma companies' surging stocks and threatening tech darlin…

Dan DeFrancesco   


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2 mins read

Moderna, BioNTech tumble 19% amid report the EU is looking into COVID vaccine side effects

The EU's drug regulator is looking at reports about skin rash and kidney problems.

Carla Mozée   


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Moderna and Pfizer shares climb after CDC calls for pause in use of J&J COVID-19 vaccine

The CDC's guidance to pause the use of J&J's COVID vaccine came following reports of 6 rare blood c…

Matthew Fox   


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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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Moderna and BioNTech stocks are surging amid reports of FDA vaccine-approval progress

Moderna and BioNTech have climbed in recent weeks as the resurgent Delta variant has captured headl…

Ethan Wu   


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2 mins read

Pfizer falls 2% as FDA nears final authorization of its COVID-19 vaccine

Regulators are now working "rapidly" to finalize authorization of Pfizer's shot, FDA Commissioner S…

Ben Winck   


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Pfizer and BioNTech climb as 95% vaccine effectiveness tees up application for FDA approval

The companies aim to apply for emergency-use authorization within days. If approved, the vaccine co…

Ben Winck