Tag: Marketwatch

The U.S. House of Representatives late Tuesday passed the Medical Marijuana and Cannabidiol Research Expansion Act (H.R. 8454) by a vote of 325 to 95. Introduced on July 21 by Reps. Earl Blumenauer – a Democrat from Oregon, and Andy Harris, a Republican from Maryland – the measure resembles Senate Bill 253 passed by the […]

Pfizer Inc. PFE, +1.02% and German partner BioNTech SE BNTX, -1.63% said Wednesday they have started a Phase 2 study to evaluate an enhanced COVID-19 vaccine aimed at the original strain of the virus and the omicron variant that seeks to create a more robust and longer-lasting immune response. The new bivalent vaccine called BNT162b5 […]

Steven Goldstein is based in London and responsible for MarketWatch’s coverage of financial markets in Europe, with a particular focus on global macro and commodities. Previously, he was Washington bureau chief, directing MarketWatch’s economic, political and regulatory coverage. Follow Steve on Twitter: @MKTWgoldstein. Source: Marketwatch

Facebook parent company Meta Platforms Inc. META, -4.50% on Tuesday said it is raising the price of Meta Quest 2 headsets by $100 to $399.99 (128GB) and $499.99 (256GB), starting Aug. 1. The company reports second-quarter results on Wednesday. Rival Apple Inc. AAPL, -0.88% is reportedly readying a headset of its own, for a possible […]

U.S. stocks closed lower Tuesday as investors digested a profit warning from Walmart ahead of the Federal Reserve’s policy decision on interest rate hikes aimed at curbing high inflation. The Dow Jones Industrial Average DJIA, -0.71% fell around 0.7%, while the S&P 500 SPX, -1.15% slid 1.2% and the Nasdaq Composite COMP, -1.87% dropped 1.9%, […]

Mondelez International Inc. MDLZ, +0.29% late Tuesday reported adjusted second-quarter earnings above Wall Street expectations and increased its dividend by 10%, but said a stronger dollar could take a bigger chunk of its 2022 revenue growth. Mondelez said it earned $747 million, or 54 cents a share, in the quarter, compared with $1.08 billion, or […]

Shares of Enphase Energy Inc. ENPH, -1.12% rose more than 7% in the extended session Tuesday after the maker of solar microinverters and other solar-power products and monitors reported second-quarter earnings that were above Wall Street expectations, thanks in part to growing business in Europe. Enphase said it earned $77 million, or 54 cents a […]

Twitter Inc. TWTR, +0.25% announced Tuesday that it has scheduled its special meeting at which shareholders will vote on whether to approve Tesla Inc. TSLA, -3.57% Chief Executive Elon Musk’s $44 billion takeover of the company. The meeting will take place Sept. 13. at 10 a.m. Pacific. Twitter has urged shareholders to approve the deal […]

Williams-Sonoma Inc. WSM, -2.03% said late Tuesday that Ryan Ross, president of its flagship Williams Sonoma brand, is resigning effective immediately “to assume a leadership role outside of the company.” The retailer said Chief Marketing Officer Felix Carbullido will become the president of the Williams Sonoma brand. Shares of Williams-Sonoma fell 2.2% in the extended […]

Natural-gas futures climbed on Tuesday to settle at their highest since June 7, according to Dow Jones Market Data. Prices continued to find support after reports that Russian state-owned energy producer Gazprom’s natural-gas exports through the Nord Stream pipeline to Germany would drop by half. August natural gas NGQ22, +1.65% rose 27 cents, or nearly […]