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Bitcoin Plunges Below $50,000 As Sell-Off Intensifies

Plus, Johnson & Johnson’s COVID-19 vaccine faces a key CDC committee vote today, Intel shares are down after the company reported flat sales, and Ford got two analyst upgrades.

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Initial Jobless Claims Fell To Pandemic Era Low As Jobs Market Continues To Recover

Plus, Nikola shares are up after announcing a collaboration on hydrogen fueling stations with TravelCenters of America, American Airlines and Southwest Airlines reported earnings, and Amazon could soon bring its cashierless checkout technology to its full-size grocery stores.

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Netflix Shares Plummet On Major New Subscriber Growth Slowdown

Plus, Apple unveiled a slate of new devices while a hacker said it had stolen device blueprints from one of its suppliers, and Dish Network made Amazon a key partner in development of its 5G network.

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European Regulators Say J&J COVID-19 Vaccine Showed Link To Rare Blood Clot Incidents

Plus, United Airlines shares are down after the carrier reported its fifth consecutive quarterly loss, Canadian National Railway issued a competing bid for Kansas City Southern, and Gap is expanding its Athleta brand to Canada.

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GameStop Shares Jump As CEO Steps Down

Plus, the FDA asked Emergent BioSolutions to temporarily halt producing materials for COVID-19 vaccines, Coca-Cola reported an earnings beat, and cryptocurrencies had a bad weekend.

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Morgan Stanley’s Record Earnings Clouded By $911 Million Archegos Loss

Plus, Johnson & Johnson asked rivals to participate in a trial investigating the potential risk of blood clots following COVID-19 vaccine, GM and LG Chem are investing $2.3 billion in a second EV battery factory, and Dogecoin is sparking bubble concerns.

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BTIG Analysts Says Coinbase Shares Worth $500 Even After Volatile Trading Debut

Plus, the Biden administration imposed new sanctions on Russia, Citigroup and Bank of America delivered earnings beats, and Walmart is investing in GM’s Cruise self-driving start-up.

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JPMorgan Kicked Off Earnings Season With Better-Than-Expected Q1 Results

Plus, Goldman Sachs and Wells Fargo also delivered earnings beats, Coinbase is set to go public at $355 per share, and Kohl’s reached an agreement with a group of activist investors to add two new independent directors to its board.

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FDA & CDC Recommend Pause Of J&J’s COVID-19 Vaccine On Rare Blood Clotting Disorder Concern

Plus, airlines shares are down on the J&J news, bitcoin surged to a new high above $63,000, Taco Bell is opening its first digital-only store in the U.S., and a SoftBank-backed ride hailing company is going public in the U.S. via a SPAC merger.

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Microsoft Is Buying Nuance For $19.6 Billion In Massive Bet On Healthcare AI Technology

Plus, Fed Chairman Powell said the U.S. economy is at an “inflection point” in an interview this weekend, Apple is reportedly building a new Apple TV device, and Uber reported record gross bookings in March.

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1 In 5 Americans Now Fully Vaccinated Against COVID-19

Plus, Europe’s drug regulator is now examining Johnson & Johnson’s vaccine for links to rare blood clots, Boeing’s 737 MAX is temporarily grounded again, and Netflix inked a deal with Sony to exclusively stream its movies after their theatrical releases.

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S&P 500 Hits New Record Even After Disappointing Jobs Report

Plus, the U.S. added seven Chinese supercomputing firms to its blacklist on national security concerns, GameStop is naming Chewy co-founder Ryan Cohen as chairman of the board, and CommScope is spinning off its home networking business.

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EU Medicines Regulator Says It Found Link Between AstraZeneca COVID-19 Shot & Rare Blood Clots

Plus, UPS is buying 10 electric vertical takeoff and landing aircraft from Beta Technologies, Morgan Stanley sold $5 billion worth of shares owned by Archegos Capital a day before it collapsed, and Fibrogen shares are down 40%.

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Credit Suisse To Take $4.7 Billion Hit From Archegos Scandal

Plus, Starbucks is phasing out disposable cups in South Korea by 2025, United Airlines is opening a pilot training school, and sports trading cards maker Topps is going public via a SPAC merger.

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Stocks Soar On Blowout March Jobs Report

Plus, the Supreme Court just sided with Google against Oracle, Tesla beat on Q1 delivery and production expectations, and AMC got an upgrade.

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