[ad_1] Vials with Pfizer-BioNTech and Moderna coronavirus disease (COVID-19) vaccine labels are seen in this illustration picture taken March 19, 2021. Dado Ruvic | Reuters Check out the companies making headlines in midday trading. Moderna – The drugmaker saw its stock soar more than 22% after the company issued promising data …
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[ad_1] Uber Technologies Inc: “Uber is a stock that you have to own for a while. … It’s going to be the last man standing, and that’s why I like Uber.” PayPal Holdings Inc: “I think that they can make it so that a lot of other companies go under …
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[ad_1] A traveller waits for an Uber rider at Midway International Airport on May 09, 2022 in Chicago, Illinois. Uber plans to cut spending and hiring in an attempt slow the company’s plummeting stock price, which is down nearly 50 percent for the year. Scott Olson | Getty Images Check …
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[ad_1] CNBC’s Jim Cramer on Friday said that next week’s jam-packed week of earnings and economic data releases could result in good news for the Federal Reserve’s battle against inflation. “This market’s trading like next week, we’ll see some real signs that the Fed’s winning its war on inflation, and …
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[ad_1] A sign marks a rendezvous location for Lyft and Uber users at San Diego State University in San Diego, California, May 13, 2020. Mike Blake | Reuters Check out the companies making headlines in midday trading. Amgen — The biopharma stock jumped 5.7% after Morgan Stanley upgraded Amgen to …
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[ad_1] Omar Marques | LightRocket | Getty Images Check out the companies making headlines in midday trading Friday. Ambac Financial Group – Shares of the municipal bond insurer shot up 13.2% on news of settlements with Bank of America that would bring Ambac $1.84 billion. The settlements come out of …
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[ad_1] Here are the companies that are making headlines before the bell: Advanced Micro Devices (AMD) – AMD slid 5.3% in the premarket after cutting its sales forecast. The chipmaker said it is being hit by a larger than expected slump in the personal computer market. Levi Strauss (LEVI) – …
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[ad_1] Lyft may be falling behind competitor Uber, according to RBC Capital Markets. Analyst Brad Erickson downgraded shares of Lyft to sector perform from outperform, and slashed his price target, saying the ride hailing company appears to be struggling to gain an edge. “Our U.S. driver supply analysis makes our …
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