Day: April 20, 2022

Apr 20
Moderna says bivalent COVID-19 booster provides more protection against omicron than the approved booster

An earlier version of this story cited the wrong booster candidate. The booster cited by Moderna is a mix of beta mutations and the original strain of the virus, and the company’s “lead candidate” for the fall is a mix of omicron and the original strain of the virus. Shares of Moderna Inc. MRNA, -1.31% […]

Apr 20
Optimism-based projects spike on rumors of token airdrop

“We’re nearing the end of a chapter and the beginning of the next — one driven by community ownership and governance,” noted Optimism. 1232 Total views 54 Total shares The native token prices from multiple projects that employ Ethereum Layer 2 scaling solution Optimism have spiked around 20% amid rumors that the network will soon […]

Apr 20
Dow transports enjoy unanimous rally, led by Avis Budget, American Airlines

The Dow Jones Transportation Average DJT, +2.76% powered up 2.6% in midday trading Tuesday, with all 20 components gaining ground. The biggest boost to the index was Avis Budget Group Inc.’s stock CAR, +7.08%, which hiked up 7.0%. The stock’s price gain of $18.52 was adding about 113 points to the Dow transports’ price, which […]

Apr 20
Agent Smith says Secret Service seized $102M in crypto in 254 cases since 2015

A top official from the U.S. Secret Service (USSS) says the agency can track the flow of Bitcoin and other cryptocurrencies in a similar manner to email addresses, and it has seized more than $102 million in crypto across 254 cases since 2015. USSS assistant director of investigations David Smith told CNBC that the transparent […]

Apr 20
Southern Co. raises dividend to boost implied yield above 3.5%

Shares of Southern Co. SO, +0.58% rose 0.1% in afternoon trading Tuesday, after the electric and gas distribution company said its quarterly dividend was being raised by 3.0%, to boost the dividend yield above 3.5%. The new quarterly dividend of 68 cents a share, up from 66 cents, will be payable June 6 to shareholders […]

Apr 20
Market Spotlight: NZDCAD Short Hits First Target

NZDCAD Selling OffThe NZDCAD breakdown through .8553 has hit its first target at .8475. With oil prices rallying again recently, CAD has seen better demand. This has also come amidst recent hawkishness from the BOC, which raised rate by .5% last week, creating a strong backdrop for a higher Canadian Dollar. With both MACD and […]

Apr 20
The IndeX Files 19-04-2022

Risk Appetite Weaker as Growth Concerns Take HoldGlobal equities indices have started the week on a softer footing as investors continue to show risk aversion. As traders in Europe return to their desks after the Easter holidays, uncertainty around the ongoing conflict in Ukraine remains the biggest headwind for asset prices. Alongside this, we are […]

Apr 20
Cannabis company Ascend Wellness draws a buy rating at Viridian Capital

Viridian Capital on Tuesday initiated coverage of Ascend Wellness AAWH, -0.90% with a buy rating and a $5.15 price target as a beneficiary of adult cannabis sales in New Jersey starting on Thursday. Analyst Jonathan DeCourcey said Ascend Wellness trades at a discount to other cannabis multi-state operators (MSOs) partly because its stock debut in […]