Tag: business news
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Moderna shares plunge after leak of cancer vaccine data despite positive results
Moderna’s stock fell even though the full data, released later Thursday, appeared positive based on Wall Street expectations ahead of the release.
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We’re dipping back into the AI trade with our first data center buy in weeks
The stock is also getting an upgrade, with the expectation of a bounce ahead.
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Judge orders Trump to sit for deposition in BBC defamation lawsuit by Dec. 11: Reports
Trump’s lawyers had requested that his deposition be conducted between Jan. 11 and Jan. 22.
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Meta stock sinks 6% as AI spend pushes free cash flow negative
Prices for the social media giant’s 5-year credit default swaps are reaching all-time highs as investors signal growing credit concerns.
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Pharma’s ‘information arms dealer’ is up nearly 80% from an April low. Josh Brown sees more gains
Josh Brown and Sean Russo break down this healthcare name on their Best Stocks in the Market list.
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Bill Ackman talks Meta and markets with CNBC
Ackman has made Meta Platforms a core part of Pershing Square’s portfolio.
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Blackstone’s Jon Gray says CoreWeave can ‘find a way through’ financing pressure
Blackstone COO Jon Gray says CoreWeave’s underlying business is strong despite concerns over its mounting debt.
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Emerging credit risk: What could take out the AI trade
Artificial intelligence stocks may not be the sure-fire bet they once were as credit risks mount.
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Jobless claims near the lowest since the 1960s as low-fire trend continues
Initial filings for unemployment insurance slipped to a seasonally adjusted 194,000.
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American Express brings Airbnb bookings and rewards to Amex Travel platform
More than 1 million Airbnb listings are now available to book through Amex Travel, allowing customers to earn membership points on prepaid bookings.
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