Tag: Marketwatch
Consumers searching for the best deal will be comparison shopping next month as both Amazon.com Inc. AMZN, +2.47% and Target Corp. TGT, -2.51% will be hosting overlapping events. Target announced the return of its Deal Days event July 11 through July 13, with food, Apple AAPL, +1.15% products, home items and more to be discounted. […]
The Food and Drug Administration announced Friday that it authorized the COVID-19 vaccines developed by BioNTech SE BNTX, -3.10% /Pfizer Inc. PFE, -2.00% and Moderna Inc. MRNA, +5.74% for children as young as six months old. The regulator said Moderna’s two-dose vaccine is now authorized for children between the ages of 6 months old and […]
Shares of World Wrestling Entertainment Inc. WWE, -3.64% slumped 2.6% in premarket trading Friday, after the media and entertainment company said Vince McMahon will appear live on its “SmackDown” TV event. The show will air Friday at 8 p.m. Eastern on FOX. Earlier, WWE disclosed that it was investigating McMahon for “alleged misconduct,” and McMahon […]
U.S. stocks opened higher on Friday but still remained at their lowest levels since late 2020 after a brutal wipeout that sheared more than $2 trillion off the value of S&P 500 stocks. The Dow Jones Industrial Average DJIA, -0.13% shed 10 points, or 0.1%, to trade at 29,946, remaining below the 30,000 threshold. The […]
Shares of Seagen Inc. SGEN, +12.72% shot up 14.7% toward a seven-month high in morning trading Friday, after The Wall Street Journal reported that Merck & Co. Inc. MRK, -0.32% is looking into buying the cancer-focused biotechnology company. Meanwhile, drug-maker Merck’s stock eased 0.2%. Although terms of a potential buyout were not mentioned in the […]
World Wrestling Entertainment Inc. WWE, -3.64% Chief Executive Vince McMahon is stepping aside from that role as well as chairman during an investigation into a Wall Street Journal report that McMahon agreed to pay $3 million in hush money to a former employee over an alleged affair, the WWE announced Friday. In a release, the […]
The number of people with medical cannabis licenses in the U.S. rose to 2.97 million in 2020 from 678,408 in 2016, according to a study of state data published this week in the Annals of Internal Medicine. The most common qualifying condition reported by patients in 2020 was chronic pain (60.6%), with posttraumatic stress disorder […]
Baker Hughes BKR, +0.27% on Friday reported that the number of active U.S. rigs drilling for oil was up by four to 584 this week. That followed an increase of six oil rigs the week before, Baker Hughes data show. The total active U.S. rig count, which includes those drilling for natural gas, climbed by […]
Gold futures declined on Friday to post a loss of roughly 1.9% for the week. It’s been a “bad week for gold prices…as a stronger U.S. dollar and tighter monetary conditions” pushed Treasury yields higher, said Michael Hewson, chief market analyst at CMC Markets UK. August gold GCQ22, -0.45% fell $9.30, or 0.5%, to settle […]
Shares of ChargePoint Holdings Inc. CHPT, +11.79% charged up 12.7% in afternoon trading, after B. Riley analyst Christopher Souther initiated the electric vehicle charging network provider with a buy rating, given the company’s “dominant” market share and established brand. Souther set a $20 stock price target, which implies more than 40% upside from current levels. […]