Surprise Quarterly Profit Sends Moderna Stock Surging
...
22Feb
Read more...
22Feb
Tax evasion by wealthiest Americans tops $150 billion a year: IRS
The nation's millionaires and billionaires are evading more than $150 billion a year in taxes, adding to growing government deficits and creating a "lack of fairness" in the tax system, according to the head of the Internal Revenue Service.The IRS, with billion of dollars in new funding from Congress,...
22Feb
Existing home sales rose 3% in January 2024
A real estate agent walks into a home for sale in Lancaster, Ohio.Ty Wright | Bloomberg | Getty ImagesSales of previously owned homes rose 3.1% in January to 4 million units on a seasonally adjusted annualized basis, according to the National Association of Realtors. Sales were down 1.7% year...
22Feb
How Wall Street reads IM-1 moon-fueled rally
Intuitive Machines' Nova-C lander "Odysseus" deploys from the upper stage of SpaceX's Falcon 9 rocket to begin the IM-1 mission.NASA TVMuch like Intuitive Machines' spacecraft, its stock has been flying to the moon the past week.In a little over a month since hitting all-time lows, and with its IM-1...
22Feb
European Central Bank posts first annual loss in decades
Rain falls over the finance district and the European Central Bank (ECB) in Frankfurt, Germany.Thomas Lohnes | Getty Images News | Getty ImagesThe European Central Bank on Thursday reported its first annual loss since 2004, following hefty payouts due to higher interest rates.It reported losses of 1.3 billion euros ($1.4...
22Feb
NVDA, MRNA, RIVN, ETSY and more
Check out the companies making headlines in premarket trading. Nvidia — The closely followed chip giant's stock surged 13% in premarket trading after earnings released Wednesday afternoon blew past expectations amid the artificial intelligence boom. Nvidia earned $5.16 per share on an adjusted basis and $22.1 billion in revenue...
22Feb
Grifin’s new model can automatically invest your money as you shop
Investing app Grifin today officially launched its anticipated investing model called “Adaptive Investing,” which enables you to automatically invest in your favorite brands that you frequently shop from. Grifin was founded in 2017 with the hope of making investing less intimidating and normalizing it for people who aren’t that financially...
22Feb
Read more...
22Feb
Novavax to settle Gavi arbitration over canceled Covid shot purchase
A health worker prepares a dose of the Novavax vaccine as the Dutch Health Service Organization starts with the Novavax vaccination program on March 21, 2022 in The Hague, Netherlands.Patrick Van Katwijk | Getty ImagesNovavax on Thursday said it will settle a bitter arbitration dispute with Gavi, a nongovernmental...
22Feb
Turkey holds interest rate at 45% for first time after 8 months of hikes
Turkish flag over a DenizBank building. Turkey is expected to head to the polls on Sunday.Ismail Ferdous | Bloomberg | Getty ImagesTurkey's central bank held its key interest rate on Thursday, keeping it at 45% despite soaring inflation after eight consecutive months of hikes.The move was widely expected as...