Plus, jobless claims unexpectedly rose last week, Curevac shares are down after the company said its COVID-19 vaccine was only 47% effective in interim results for a large late-stage trial, and Microsoft CEO Nadella was elected chairman of the company’s board.
Read MorePlus, GameStop announced a new CEO and CFO, Moderna asked the FDA to expand the approved use of its COVID-19 vaccine to 12 to 17 year olds, and Restoration Hardware delivered an earnings beat.
Read MorePlus, another Elon Musk tweet is sending Bitcoin lower today, Facebook was hit with two new antitrust probs, and Bill Ackman’s SPAC said it is in talks to buy 10% of Universal Music.
Read MorePlus, United is buying 15 planes from Boom Supersonic, Twitter announced its new subscription service, and Ford is building a new small pickup truck.
Read MorePlus, Ford officially unveiled its electric F-150 Lightning pickup truck, Virgin Galactic announced a new test flight for Saturday, weekly jobless claims fell to a new pandemic low, and Oatly shares debuted at $22.12.
Read MorePlus, the Colonial Pipeline restarted late Wednesday, Amazon is hiring 75,000 warehouse and transportation workers, and Walmart is buying virtual fitting room startup Zeekit.
Read MorePlus, the national average for gas jumped above $3 per gallon as the Colonial Pipeline remains mostly offline, Domino’s Pizza shares jump as Bill Ackman revealed 6% stake in the chain, and Wendy’s delivered an earnings beat.
Read MorePlus, Pfizer and BioNTech filed for full FDA approval for their COVID-19 vaccine, Roku reported its highest quarterly revenue growth rate ever, and DraftKings raised its full-year guidance.
Read MorePlus, Moderna said its booster shot is effective at protecting against COVID-19 variants in early trial data, Papa John’s smashed earnings expectations, and jobless claims dropped to a pandemic era low.
Read MorePlus, Peloton has recalled all of its treadmill models for safety concerns, GM smashed earnings expectations, and Equinox has held talks to go public via a SPAC merger.
Read MorePlus, Apple delivered a massive earnings beat, Altria shares are down on mixed earnings results and Biden administration plans to ban menthol cigarettes, and Ethereum rose to a new all-time high.
Read MoreAmong a number of interesting storylines of the past year, is the way corporate America and the markets found ways to adjust and keep pushing forward. It’s true that a lot of the market’s rally can be tied directly to trillions of dollars of economic stimulus, including direct payments to families and individuals that helped […]
Read MorePlus, 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.
Read MoreOne of the things that I think has been driving the market’s big bullish trend from the initial, bear market bottom the market visited briefly in early 2020 is generally increasing savings rates during the pandemic. I think that was driven, at least in part by the fact that remote workers were limited by shelter-in-place […]
Read MoreUnprecedented fiscal stimulus and an impending end to the pandemic could see an economic boom “easily run into 2023,” according to JPMorgan’s Jamie Dimon in his annual letter to shareholders out this week.
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