Category: Markets

Pfizer Triggers $28 Billion Stock Plunge After Warning Covid Vaccine Sales May Disappoint This Year

Despite nabbing $12.5 billion in Covid vaccine sales last year, Pfizer stock plunged as much as 6% Tuesday.

Forbes Blockchain 50 2022

Since our inaugural roundup of the Blockchain 50, published in 2019, the billion-dollar companies (minimum, by sales or market value) on our annual list have moved beyond test projects and now rely on “distributed ledger” technology to do serious work….

Apple, Amazon Or Nike? Peloton Stock Surges But Here’s What Experts Say About A Takeover

Wall Street loves to “ruminate” about potential M&A tech deals, and Peloton’s potential takeover is the latest focus of investor chatter.

Here Are The Biggest Losing Stocks In The Market’s Worst Month Since March 2020

Some of the pandemic’s hottest stocks are among the worst performers so far in 2022.

Moderna Stock Crash Intensifies: Losses Top $130 Billion After Scientists Find Covid Boosters Aren’t Halting Omicron Infections

Moderna was last year’s third-best-performing stock in the S&P—it’s now this year’s worst.

Here’s Why Airline Stocks Are Rising Despite The Flight Cancellation Nightmare

Shares of major airlines like Delta, United and American jumped to kick off 2022.

Over 3,000 Canceled Flights: Airline Cuts Continue As Covid Cases Rise, Staff Shortages Persist

Fauci suggests vaccine mandates may be needed for domestic air travel.

Microsoft, Tesla Lead Big Tech Declines As Markets Fall On More Bad Inflation Data

Markets were down for the second day in a row ahead of a big Fed decision.

This Vaccine Maker Can ‘Dominate’ The Covid Market For Years To Come, Wells Fargo Predicts

Although its shares have lagged other vaccine makers in 2021, Pfizer could soon be poised for significant revenue growth.

Dow Jumps 700 Points Despite Growing Number Of Omicron Cases

The market rebounded strongly after last week’s omicron-induced sell-off.