Pfizer (PFE) and BioNTech (BNTX) announced that their BNT162b2 vaccine was found to be 95% effective in preventing Covid-19, rather than the 90% reported last week.
The Most Surprising Lessons Companies Learned From Coronavirus
When we look back to the early months of 2020, one thing is abundantly clear: companies learned how to make speed their friend.
Relativity Space raising $500 million at $2 billion valuation from Tiger and others, sources say
Rocket builder Relativity Space is raising $500 million of fresh capital in a new round being led by Tiger Global Management, people familiar with the financing told CNBC.
Index provider ‚baffled‘ at how to add a company of Tesla’s size to the S&P 500, says Cramer
At its current valuation Tesla is among the top ten most valuable companies in the S&P 500, making it challenging to add to the benchmark index.
Walgreens drops 9% to lead drug store stocks lower after Amazon launches pharmacy business
CVS, Rite Aid and other pharmacy stocks were under pressure on Tuesday morning after Amazon’s newest venture was announced.
U.S. ETF market tops $5 trillion in assets as investors stampede into stocks on vaccine hopes
The ETF industry in the U.S. surpassed $5 trillion in assets under management last week, a new record.
Top Goldman dealmaker Lemkau is leaving the bank to helm $15 billion investment firm linked to Dell fortune
Gregg Lemkau, known as one of the top mergers bankers on Wall Street, has advised on hundreds of transactions since joining the bank in 1992.
UK electric vehicle maker Arrival is going public via SPAC at a $5.4 billion valuation
The company competes with Amazon-backed start-up Rivian in the electric van space.
Stocks making the biggest moves in the premarket: Target, Lowe’s, Apple, Boeing, Pfizer & more
The stocks making the biggest moves in premarket trading include Target, Lowe’s, Apple, Boeing, Pfizer, and more.
Bitcoin shoots past $18,000 for the first time since December 2017
Bitcoin is now creeping up toward the all-time high it posted in a late 2017 rally that saw the values of several cryptocurrencies surge.