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House Expected To Pass $1.9 Trillion Coronavirus Relief Bill Today

Plus, DraftKings delivered an earnings beat, AT&T is selling off its DirecTV unit, and an internal review found that Nikola’s founder and former CEO made inaccurate statements following accusations by a short seller in September 2020.

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Meme Stocks Are Back As GameStop Surges 85% Higher

Plus, jobless claims fell sharply last week amid harsh winter storms across the central U.S., an analyst says Moderna could soon see a $100 billion valuation, Wayfair reported an earnings miss, and Coinbase is going public.

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FDA Staff Recommend Johnson & Johnson’s Single-Shot COVID Vaccine For Emergency Use Authorization

Plus, House Democrats are planning to pass the $1.9 trillion coronavirus relief bill on Friday, Lowe’s delivered an earnings beat, and Workhorse shares are down after getting passed over for a contract with the USPS.

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Bitcoin Is Now Worth More Than $1 Trillion

Plus, Pfizer is seeking permission to store its COVID-19 vaccine at higher temperatures, Uber lost a key case in the U.K., and Tesla lowered its prices on two vehicles.

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Stocks Slip On Unexpected Rise In Initial Jobless Claims

Plus, last month’s GameStop saga is under the spotlight in Congress today, Walmart reported mixed earnings, and bitcoin surged above $52,000 for the first time.

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Energy Prices Surge As Southern U.S. Sees Coldest Weather In 30 Years

Plus, bitcoin surged above $50,000 for the first time, CVS delivered an earnings beat, and Palantir reported an earnings miss.

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Virgin Galactic Shares Drop After Delaying Next Spaceflight

Plus, Disney shares are down even after posting a surprise profit, the Biden administration secured 100 million more doses each of the Moderna and Pfizer COVID-19 vaccines, and Carl Icahn disclosed a stake in Bausch Health.

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TikTok’s Sale To Walmart & Oracle On Hold Indefinitely As Biden Administration Reviews The Deal

Plus, the WHO recommended AstraZeneca’s COVID-19 vaccine for all adults over age 18, Target is giving employees incentives to get vaccinated, and GM said that a global chip shortage could cut its earnings by up to $2 billion this year.

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Bitcoin Surged Past $44K After Tesla Said It Invested $1.5 Billion In The Digital Coin

Plus, AstraZeneca is racing to adapt its COVID-19 vaccine after it was found that it offered little protection against the South African variant of the virus, Hyundai and Kia are down after the carmakers said they are not in talks with Apple to build an autonomous car, and Target shares are up after an upgrade.

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Johnson & Johnson Just Applied For Emergency Use Authorization For Its COVID-19 Vaccine

Plus, the Labor Department reported nonfarm payrolls rose by just 49,000 in January, GameStop shares are up after Robinhood removed trading restrictions on the stock, and Teradata shares are up more than 32% this morning.

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Jobless Claims Fell To Their Lowest Level Since November Last Week

Plus, Dogecoin is surging this morning after a tweet from Elon Musk, 23andMe is going public through a SPAC backed by Richard Branson, and Clover Health shares are down following a critical report from Hindenburg Research.

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Amazon CEO Jeff Bezos Stepping Down From CEO Roll In Q3

Plus, ADP said private companies added 174,000 jobs in January, Vaxart shares are down on concerns over a lackluster immune response to its COVID-19 vaccine, and Capri Holdings delivered an earnings beat.

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GameStop Shares Sink As Squeeze Trade Loses Momentum

Plus, President Biden and congressional Democrats are moving forward with stimulus, Pfizer said it can deliver 200 million doses of its COVID-19 vaccine to the U.S. by May, and Uber is buying Drizly.

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