Sanofi’s ‘next-generation’ COVID-19 booster outperformed traditional boosters
Sanofi said Monday that preliminary data shows that its experimental next-generation COVID-19 booster provided a 40-fold increase in antibody protection against BA.1, a subvariant of...
S&P 500 falls into bear-market territory Monday morning after worst week since January
U.S. stocks are sinking Monday morning as investors worry that soaring inflation will prompt the Federal Reserve to become more hawkish at its policy meeting...
Amazon launching drone delivery service in California
Amazon.com Inc. said in a Monday blog post that it will launch drone delivery in Lockeford, Calif., making it among the first areas in the...
Charles Schwab pays fine for misleading robo-adviser clients about fees
The Securities and Exchange Commission said Monday that three investment adviser subsidiaries of Charles Schwab Corp. agreed to pay $187 million to settle charges that...
Astra Space stock tumbles toward a record low after failing to deliver payload due to early launch shutdown
Shares of Astra Space Inc. plunged 24.5% into record-low territory in morning trading Monday, after the orbital launch services company disclosed that it failed to...
NYSE Arms shows signs of panic selling for 2nd time in 3 days
The NYSE's Arms Index, a volume-weighted breadth measure, is showing signs of panic-like selling behavior as the S&P 500 falls into bear-market territory. The Arms...
Dow tumbles toward record 3-day streak of 500-point declines
The Dow Jones Industrial Average is tumbling 676 points, or 2.2%, in midday trading, and is about to make history with its point selloff, as...
Nearly 30% of S&P 500 stocks have hit 52-week lows
There are 148 stocks in the S&P 500 that have hit fresh 52-week lows as of midday trading Monday, or 29.4% of the benchmark large-capitalization...
Jefferies economists also call for 75 basis point Fed rate hike next week
Economists at Jefferies, like those at Barclays, now expect the Federal Reserve to hike by 75 basis points at the June 14-15 policy meeting "as...