Pfizer, BioNTech Report Positive Data From Omicron-adapted COVID-19 Vaccine Candidate Trial

Pfizer Inc. (PFE) and BioNTech SE (BNTX) announced positive data from the Phase 2/3 trial evaluating the safety, tolerability, and immunogenicity of Omicron-adapted COVID-19 vaccine candidates against Omicron. The companies reported positive data from two trials-one as a monovalent and the other bivalent, a combination of the Pfizer-BioNTech COVID-19 Vaccine and a vaccine candidate targeting […]

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Gold Futures Settle Lower For 4th Straight Session

Gold futures settled lower on Thursday, extending their slide to a fourth straight session, as the dollar stayed firm amid expectations of aggressive policy tightening by the central bank. The dollar index climbed to 104.55 this afternoon after having dropped to 104.20 earlier in the day. Gold futures for August ended lower by $8.60 or […]

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The Case for Kraft Heinz and 25% Upside

The recent market downturn has been rough for many sectors but, as implied in the name, consumer defensive stocks have held up reasonably well. One big Wall Street name thinks it has found a big winner within the group that could benefit greatly going forward. BMO Capital’s Kenneth Zaslow was the lead analyst on the […]

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How Hong Kong roots fires UniSuper’s new CEO

Peter Chun’s first impression of Melbourne when he migrated from Hong Kong as a child was the landscape. “I’ve never seen so much grass,” he says. “I don’t know if you’ve been to Hong Kong but obviously, we live in a shoebox. We live in high-rise apartments.” UniSuper’s new chief executive Peter Chun.Credit:Simon Schluter It […]

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Buy the Rumor, Sell the News: Analysts Upgrade or Downgrade Airbnb, Coinbase, Nike, Robinhood and More

Markets bounced back on Wednesday, ahead of the Federal Reserve’s most recent announcement regarding monetary policy. After Monday’s crash, Wednesday’s bounce seems to be a case of “Buy the rumor, sell the news.” After Friday’s consumer price index print, this definitely seemed to be the case, and Monday’s session more or less solidified it. Bear […]

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Earnings Previews: Adobe, ProFrac

The three major U.S. equity indexes closed mixed Tuesday, with the S&P 500 Index dipping by 0.39% and the Dow Jones industrials closing down 0.5%. The Nasdaq added 0.18% after a disastrous Monday session. All three traded up by less than 1% in Wednesday’s premarket session, as traders and investors await the Federal Reserve’s interest […]

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