After the German government recommended its administration to people aged 18 to 64 years of age only, AstraZeneca plc (AZN) defended its vaccine’s effectiveness against the new coronavirus in the elderly. A spokesman for the British-Swedish group AstraZeneca plc (AZN) explained that the newest analysis
Pharma giant AstraZeneca plc (NASDAQ: AZN) pulled out of talks in Brussels in response to delays in the coronavirus vaccine delivery, a development that represents another escalation between the company and the European Union, as reported by Bloomberg. European Union officials have been pressuring the company
AMC Entertainment Holdings Inc. (NYSE: AMC) has lost more than 60% of its value in the past year. The restricted social life and cancellation of high-profile premieres caused losses. However, the New Year is unlikely to bring much improvement. Although deferred demand is strong, AMC
The recent announcement that the car giant General Motors (GM) has entered into an alliance with Microsoft Corporation (MSFT) in the project for the manufacture of autonomous cars has stimulated the market. In the Cruise initiative, which is designing self-driving vehicles capable of playing the
Although Intel Corporation (INTC) released its fourth-quarter results before the end of the trading session, its stock price surged in the last minutes of trading. The stock closed 6.5% higher at $62.46, with the company announcing sales during the holidays and an outlook for the
Because of COVID-19’s outbreak, we have adopted a drastically different lifestyle. One beneficiary of social restrictions is Peloton Interactive Inc. (PTON), a home fitness equipment and content maker. Sales increased, and PTON stock grew thanks to the closed gyms. Shares of Peloton Interactive Inc (PTON)
The Chinese government has approved the Cisco Systems Inc (CSCO) deal to purchase Acacia Communications Inc (ACIA). An earlier agreement almost failed, but now the two industry leaders are seeking to merge. This would result in the first-ever all-in-one communication equipment manufacturer. Chinese authorities have
Stocks of Tellurian Inc (NASDAQ: TELL), a liquefied natural gas (LNG) supplier, rose following an encouraging announcement by its management. TELL stock was trading 52.85% away from its 20-day Simple Moving Average. The company achieved a weekly performance of 43.92% compared to its annual performance
Over the year, online retailer Pinduoduo Inc. (PDD) has risen more than 308 percent. The group displayed rapid sales growth and expansion in promising business areas throughout the last year. Any of Pinduoduo’s growth variables are long-term. After Alibaba and JD.com, Pinduoduo is China’s third-largest
On Thursday, hours before President-elect Joe Biden unveiled a large initiative to help the U.S. economy in the wake of the coronavirus epidemic, the New York Stock Exchange finished marginally lower. The media was concerned around two trillion dollars, in comparison to the 900 billion
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