Tag Archives: twoday

U.S. stocks turned lower Tuesday, extending a rout spurred by fears of sustained monetary tightening by the Federal Reserve to combat inflation. The S&P 500 tumbled 0.7% after climbing at the start of trading, deepening its losses after the benchmark index plunged roughly 4% across back-to-back losing days. The Dow Jones Industrial Average shed 175 points, or about 0.6%, and the technology-heavy Nasdaq Composite fell 0.7%. The moves came after a batch of upbeat economic data on the labor… Source link

(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

TipRanks 2 “Strong Buy” Cannabis Stocks Showing Monster Growth Investors have been fixated on growth companies over the past year, and one segment which has been on the rise is the fledgling cannabis industry. The sector offers a unique proposition and the prospect of further growth, as there is still a major catalyst on the horizon which will completely alter the industry. As expected, a Democrat led senate has been good news for those banking on marijuana reform at the federal level; And… Source link

The new Pixel 4a 5G is Google’s cheaper but larger 5G phone, and might just be the best. It is available in black and costs £499, fitting in between the £599 Pixel 5 and the £349 Pixel 4a. While the Pixel 4a 5G shares most of the same internal components with the Pixel 5, the look, feel and black plastic body matches the smaller Pixel 4a, just made larger. The Pixel 4a 5G has a 6.2in FHD+ OLED screen that is bigger than the other Pixels this year. It looks good but won’t trouble the best… Source link