Novavax Soars 16% as US FDA to Consider JN.1 Variant for Updated COVID Shots
** Shares of vaccine maker Novavax rise ~13% to $17.02 in early trading ** U.S. Food and Drug Administration staff reviewers say COVID-19 vaccine makers should consider targeting one of the currently dominant JN.1 variants and JN.1-derived sub-variants for 2024-25 vaccine campaign ** A committee of experts advising FDA is set to meet on Wednesday ** Committee will discuss design of COVID vaccines and vote whether to recommend shots target JN.1 variant that was dominant earlier this year ** NVAX has said it will only be able to offer a COVID vaccine in U.S. this autumn if regulators accept the shot it has started manufacturing that targets JN.1 variant ** Pfizer and U.S.-listed shares of BioNTech up 2.5% each, Moderna up about 4% ** Shots based on mRNA from PFE, BNTX and Moderna are quicker to develop than NVAX's protein-based shots ** Including session's move, NVAX shares have more than tripled YTD ** YTD, PFE up about 2%, BNTX down ~31% and MRNA up
Roaring Kitty’s GameStop Position Worth over $386 Million as of Monday Morning
After three years of Reddit silence, the investor known as Roaring Kitty revealed on Sunday evening that he was holding a massive GameStop position. As of market open on Monday, that position would be
We are just hours away from the FOMC statement, and the market is all but certain of a 25bp rate hike. Jerome Powell is not likely to hike 50bp when the banking crisis is still fresh in peoples' minds. If anything, he might just pause and observe how the crisis develops. Hence, there is a greater potential surprise in the form of a pause in rate hikes.$SPDR S&P 500 ETF Trust(SPY)$ $iShares 20+ Year Treasury Bond ETF(TLT)$ $SPDR Gold Shares(GLD)$
$Alphabet(GOOG)$ Why Alphabet Stock is a Strong Investment Despite Chat GPT's Popularity | Investing Iguana (Welcome to The Investing Iguana, your go-to source for expert advice and the latest trends in the world of investments. In today's video, we'll be discussing why Alphabet Stock is a strong investment despite the rising popularity of Chat GPT. With the increasing use of artificial intelligence in investing, many are wondering if Chat GPT poses a threat to Alphabet Stock. However, we'll be exploring the reasons why Alphabet Stock is still a smart investment choice, and how you can maximize your profit with it. Join us for this informative discussion and learn how to make money with Alphabet Stock amidst Chat GPT's influence.) https
Feb 5: The underlying conditions?Over the last several weeks, we've had a rapid increase of value in equities,volumeas a result of primarily retailvolume. This past thursday,CBOErecorded 68 million contracts traded - an all time record involume. There will be a hangover from the gamma squeeze, one which is unprecedented. The market makers were forced to hedge the call options by purchasing stock, hence the last several weeks rally. The record number of ETFs, insider selling and "weak handed" retail will result in forced selling as market makers release their hedges. The underlying conditions of the quickest interest rate risingcampaign, and slowest topivot, will result in just yet another crash.Feb 24: commentThe support broke today, only need five more trading da
NetEase, Inc. (NASDAQ: NTES and HKEX: 9999) today announced its unaudited financial results for the fourth quarter and fiscal year endedDecember 31, 2022.Fourth Quarter 2022 Financial HighlightsNet revenues were RMB25.4 billion (US$3.7 billion), an increase of 4.0% compared with the fourth quarter of 2021.- Games and related value-added services net revenues were RMB19.1 billion (US$2.8 billion), an increase of 1.6% compared with the fourth quarter of 2021.-Youdaonet revenues were RMB1.5 billion (US$210.8 million), an increase of 9.0% compared with the fourth quarter of 2021.-Cloud Musicnet revenues were RMB2.4 billion (US$344.5 million), an increase of 25.8% compared with the fourth quarter of 2021.- Innovative businesses and others net re