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Moderna Stock Jumps After Cancer Vaccine Announcement
Shares of Moderna surged more than 11% on Wednesday after the biotech company [announced](https://investors.modernatx.com/news/news-details/2022/Merck-and-Moderna-Announce-Exercise-of-Option-by-Merck-for-Joint-Development-and-Commercialization-of-Investigational-Personalized-Cancer-Vaccine/default.aspx) it would develop and sell a personalized cancer vaccine with Merck. The stock was the biggest gainer on the S 500 around midday. Shares of Merck were little changed. Merck will pay Moderna $250 m
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'There Are Signs That a Market Bottom Is in Sight': Oppenheimer Likes These 2 Stocks for a Comeback Rally
The big question: Has the market hit a bottom yet? Well, according to Oppenheimer's Head of Technical Analysis Ari Wald, there are signs one is forming, the most notable of which is that the Russell 2000 index – the barometer for small-cap stocks - "held to the June lows in the most recent late Q3 move to the downside." Wald also notes that the signal of a market top is when the S&P 500 makes a "higher high, and small caps make a lower high," and we are currently seeing the opposite scenario pla
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1 Stock-Split Stock to Buy Hand Over Fist and 1 to Avoid Like the Plague
The benchmark S&P 500, which is typically viewed as the most encompassing barometer of stock market health, delivered its worst first-half return since Richard Nixon was president. The Dow Jones Industrial Average and Nasdaq Composite haven't fared any better, with both indexes mired in a bear market. A "stock split" is a mechanism that allows a publicly traded company to alter its share price and outstanding share count without affecting its market cap or operations.
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Ray Dalio Says There's a 'Perfect Storm' Brewing; Here Are 2 High-Yield Dividend Stocks to Protect Your Portfolio
The headwinds have piled up for the US economy, and today's producer price index, coming in well above the forecasts, was just the latest blow. As the PPI reminds us, inflation is stubbornly high, and compounding on last year's elevated numbers. In addition, we're facing a 1H GDP contraction, a nosedive in consumer confidence, shaky supplies chains, and the Federal Reserve's rapid shift to hiking interest rates. And all of that may just be the tip of the iceberg. Billionaire investor Ray Dalio s
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Selling AMC Stock Could Be a Genius Move
If you bought $1,000 worth of AMC Entertainment Holdings (NYSE: AMC) stock at its all-time high of $62 in June 2021, you would have roughly $100 today -- a decline of 90%. While the movie theater operator seems to be recovering nicely from the COVID-19 pandemic in 2020 and 2021, massive levels of equity dilution could leave investors holding the bag. At the height of the crisis in 2020, AMC's revenue collapsed by 77% to $1.24 billion against the prior year, and it lost $4.59 billion.
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Yellen Worries Over Loss of 'Adequate Liquidity' in Treasuries
(Bloomberg) -- Treasury Secretary Janet Yellen cited concerns about the potential for a breakdown in trading of US Treasuries, as her department leads an effort to shore up that crucial market.Most Read from BloombergIntel Is Planning Thousands of Job Cuts in Face of PC SlumpHere's How Weird Things Are Getting in the Housing MarketPutin Says All Infrastructure at Risk After Nord Stream HitAlex Jones Must Pay $965 Million for His Sandy Hook LiesUS Core Inflation Seen Returning to 40-Year High as
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Carl Icahn Stock Portfolio: Top 12 Picks
In this article, we shall discuss the top 12 picks in Carl Icahn's stock portfolio. To skip our detailed analysis of Icahn's history, his investment strategy, and hedge fund performance, go directly and see Carl Icahn Stock Portfolio: Top 5 Picks. Carl Icahn is an American financier and currently serves as the Chief Executive Officer […]
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TSMC Cuts Capital Spending 10% in a Warning for Tech Sector
(Bloomberg) -- Taiwan Semiconductor Manufacturing Co. slashed its 2022 capital spending target by roughly 10%, a dramatic sign of trouble for the technology industry from the world's most valuable chip company.Most Read from BloombergIntel Is Planning Thousands of Job Cuts in Face of PC SlumpHere's How Weird Things Are Getting in the Housing MarketPutin Says All Infrastructure at Risk After Nord Stream HitAlex Jones Must Pay $965 Million for His Sandy Hook LiesUS Core Inflation Seen Returning to
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Better Growth Stock: SNDL vs. Tilray
Cannabis stocks have been on fire of late as hopes surrounding marijuana reform in the U.S. have put them back into the spotlight. Tilray is a top cannabis company in Canada, with sales totaling $613.6 million over the trailing 12 months. Although the company is technically still incurring net losses, Tilray is known for being one of the more profitable businesses in the industry, achieving adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) profitability for 14 straight quarters.
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AdPuppy Gets Returned For 11th Time Because Of...
Adopting a dog is never a simple procedure as some of the most satisfying pets to own are those that were the most challenging to nurture.
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The stock market is in trouble. That's because the bond market is 'very close to a crash.'
Don't assume the worst is over, says investor Larry McDonald. McDonald, founder of The Bear Traps Report and author of "A Colossal Failure of Common Sense," which described the 2008 failure of Lehman Brothers, expects more turmoil in the bond market, in part, because "there is $50 trillion more in world debt today than there was in 2018." The bond market dwarfs the stock market — both have fallen this year, although the rise in interest rates has been worse for bond investors because of the inverse relationship between rates (yields) and bond prices.
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AdAirports Tell Passengers To Always Carry This
Even if you believe you have your airport routine down to a science, you may want to take into account some practical advice and methods.
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Source: https://finance.yahoo.com/news/no-facebook-isn-t-limiting-160206354.html
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