A recent survey carried out by CNBC reported that 81% of executives worldwide say AI will play a prominent and critical role in how their businesses operate this year. Companies are phasing from the first generation of AI, which deals with pattern, text and image recognition, to decision-making AI, which helps them make timely decisions in complex spaces. InstaDeep, a Tunis and London-based enterprise AI startup that creates decision-making systems for solving real-world problems, has… Source link
Read More »Moderna, BioNTech Lose $60 Billion in Value in Two-Day Drop
(Bloomberg) — Moderna Inc. and BioNTech SE, the world’s leading Covid-19 vaccine makers, tumbled for the second day in a row, losing roughly $60 billion in combined market value as investors balked at the companies’ lofty valuations. The declines deepened Wednesday with Moderna closing 16% lower and BioNTech dropping 14% as trading volume picked up. The stocks had soared more than 360% each this year through Monday, when both set record closing highs. Wall Street has been divided on the… Source link
Read More »Moderna, BioNTech Plunge As EU Studies Possible Side-effects Of mRNA Shots
By Dhirendra Tripathi Investing.com – Moderna (NASDAQ:MRNA) and BioNTech stocks (NASDAQ:BNTX) slumped by 15% each Wednesday on a report that Europe’s drug regulator is studying three new conditions reported by a small number of people after vaccination with Covid-19 shots to assess if they may be possible side-effects. The conditions were reported in patients who took the mRNA vaccines made by either Moderna or BioNTech-Pfizer. Pfizer stock fell 3%. Expenses and profit from the Covid… Source link
Read More »BioNTech to build mRNA vaccine manufacturing site in Singapore – Yahoo Tech
TipRanks 3 Monster Growth Stocks That Are Still Undervalued A lackluster jobs report didn’t derail the markets last week. New jobs in April totaled only 266,000, far below the 978K expected, and the official unemployment rate, which had been predicted to come in at 5.8% actually ticked up slightly to 6.1%. Even so, the tech-weighted NASDAQ gained 0.88% in Friday’s session, the broader S&P 500 was up 0.75% at the end of the day. These gains brought the S&P to a new record level, with a… Source link
Read More »COVID-19 vaccine: BioNTech and Pfizer report 90% effectiveness in trials – Yahoo Finance UK
Business Wire LX Deadline: Bronstein, Gewirtz & Grossman, LLC Reminds LexinFintech Holdings Ltd. Investors of Class Action and Lead Plaintiff Deadline: November 9, 2020 Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against LexinFintech Holdings Ltd. (“LexinFintech” or the “Company”) (NASDAQ: LX) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired LexinFintech securities (a) pursuant and/or traceable to… Source link
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