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Moderna Expands Cost-Cutting Program By Up To $1.7 Billion, FDA Approval For Flu/COVID-19 Combo Shot Delayed Into 2026
Thursday, May 1, 2025 - 1:14pm | 560Moderna Inc. (NASDAQ:MRNA) reported on Thursday a first-quarter EPS loss of $(2.52), missing the consensus of $(3.12), down from an EPS loss of $(3.07) a year ago. The COVID-19 vaccine maker reported quarterly sales of $108 million, down from $167 billion a year ago, beating the consensus of $...
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Trump's New COVID Website Takes Aim At WHO, Fauci, And Biden Over Pandemic Response, Calls Out China Lab Leak Theory
Saturday, April 19, 2025 - 2:51am | 540On Friday, President Donald Trump's White House launched a new COVID-19 website. What Happened: The newly launched website sharply criticized the pandemic response by the World Health Organization (WHO), former President Joe Biden, and Dr. Anthony Fauci, who was the nation's top health...
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Novavax Covid Vaccine Shows Milder Side Effects Than Pfizer-BioNTech's Shot: Study
Tuesday, April 15, 2025 - 3:15pm | 511Novavax, Inc. (NASDAQ:NVAX) on Tuesday released preliminary results from the SHIELD-Utah study investigating the effects of systemic and local reactogenicity of COVID-19 vaccine doses in Utah. SHIELD-Utah was a prospective, interventional study conducted at the University...
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Pfizer Shares Are Down Today: What's Going On?
Wednesday, March 26, 2025 - 5:12pm | 473Pfizer Inc. (NYSE:PFE) shares are trading lower on Wednesday after a Wall Street Journal report revealed U.S. prosecutors are investigating a claim about the timing of Pfizer's COVID-19 vaccine announcement. What To Know: The claim, brought forward by British pharmaceutical company GSK, alleges...
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'Black Swan' Hedge Fund Posts 4,000% Profits During COVID-19 Market Crash: Here's How
Monday, March 17, 2025 - 6:49pm | 422Universa Investments hedge fund, led by billionaire investor Mark Spitznagel, posted a 4,144% return in a single quarter during the COVID-19 market crash in early 2020. Here's a look at how he did it. What To Know: Spitznagel is known as a "doomsday" investor who correctly predicted the Great...
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FDA Rejects Invivyd's Request To Expand Emergency Authorization For Preventive COVID-19 Antibody For Immunocompromised Patients
Monday, February 24, 2025 - 10:20am | 383On Monday, the FDA declined Invivyd, Inc.’s (NASDAQ:IVVD) request to expand the existing emergency use authorization (EUA) for pre-exposure prophylaxis of COVID-19 EUA for Pemgarda (pemivibart) for mild-to-moderate COVID-19 in adults and adolescents who have moderate-to-severe...
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Invivyd Touts Encouraging Data From COVID-19 Antibody Trial, Stock Jumps
Monday, February 3, 2025 - 11:42am | 427On Monday, Invivyd Inc. (NASDAQ:IVVD) shares rallied on the heels of a new data report involving a COVID-19 treatment. The company is conducting an ongoing Phase 1/2 trial of VYD2311, a monoclonal antibody (mAb) candidate. A formal estimate of in vivo half-life is not yet available for VYD2311...
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Robert Kennedy Jr. Faces Senate Confirmation Hearings As Bird Flu Concerns Grow: Caroline Kennedy Says Cousin 'Predator' Unfit For Office
Wednesday, January 29, 2025 - 11:10am | 745Robert F. Kennedy, Jr. will begin Senate confirmation hearings on Wednesday as President Donald Trump's pick to lead the Department of Health and Human Services. What To Know: If confirmed by the Senate, Kennedy would oversee the National Institutes of Health, the Food and Drug Administration...
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US Records First Human Bird Flu Death, High Levels Of Respiratory Illnesses: Vaccine Stocks Rally
Tuesday, January 7, 2025 - 12:56pm | 518The Louisiana Department of Health on Monday reported the first human death in the U.S. related to the H5N1 bird flu virus. The CDC is also reporting high levels of acute respiratory illnesses nationwide. The Details: The Louisiana Department of Health said the patient, who was over the age...
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Bird Flu Puts Teen In Critical Condition As Canada Reports First Human Case: What You Need To Know
Wednesday, November 13, 2024 - 2:15pm | 758A teenager in British Columbia is in critical condition after contracting what is believed to be Canada's first human case of the bird flu. The teen, previously healthy with no underlying conditions, has rapidly deteriorated due to avian influenza, health officials announced this week. Provincial...
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Cathie Wood's Wednesday Exodus: Moderna And Jack Dorsey's Block Stocks Get Dumped
Wednesday, November 6, 2024 - 10:45pm | 459On Wednesday, Ark Invest, led by Cathie Wood, made significant trades in Moderna Inc. (NASDAQ:MRNA) and Square Inc. (NYSE:SQ). The Moderna Trade Ark Invest removed 49,922 shares of Moderna Inc. (NASDAQ:MRNA) from its ARK Genomic Revolution ETF (BATS:ARKG) on Wednesday. The trade is estimated to be...
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Moderna Hit With Another Lawsuit Related To Key COVID-19 Vaccine Technology
Thursday, October 17, 2024 - 9:51am | 649Northwestern University has filed a patent infringement lawsuit against Moderna, Inc. (NASDAQ:MRNA), alleging the pharmaceutical company used the university’s lipid nanoparticle (LNP) technology without permission to develop its COVID-19 vaccines. According to the lawsuit, the development of...
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Cathie Wood Continues To Sell Shares Of Jack Dorsey's Bitcoin-Focused Company Block — Ark Also Dumps Moderna, Robinhood Stock
Wednesday, October 16, 2024 - 11:19pm | 566On Wednesday, Cathie Wood’s Ark Invest made significant trades involving Block Inc (NYSE:SQ) and Moderna Inc (NASDAQ:MRNA). The SQ Trade Ark Invest sold off a significant amount of shares in the Jack Dorsey-led Block, despite the Bitcoin (CRYPTO: BTC)-focused company’s recent positive...
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Robinhood, Novavax, Phunware, Lucid Group, And Tesla: Why These 5 Stocks Are On Investors' Radars Today
Wednesday, October 16, 2024 - 10:11pm | 627On Wednesday, major U.S. indices saw gains, with the Dow Jones Industrial Average climbing nearly 0.8% to 43,077.70, while the S&P 500 increased 0.5% to 5,842.47. The Nasdaq finished the day up almost 0.3% at 18,367.08. These are the top stocks that gained the attention of retail traders and...
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Cathie Wood's Ark Invest Dumps Over $9M In Moderna Stock — Even With Post-COVID Plans On The Table
Thursday, October 10, 2024 - 10:14pm | 478On Thursday, Cathie Wood-led Ark Invest made a significant move by offloading shares of Moderna Inc (NASDAQ:MRNA). This decision comes amidst a backdrop of mixed analyst sentiments and Moderna’s recently unveiled post-COVID roadmap. The Moderna Trade Ark Invest’s ARK Genomic Revolution...