In this photo illustration a silhouette of a man holding a medical syringe and a vial seen displayed in front of the Novavax logo on a screen. Cezary Kowalski | Lightrocket | Getty Images Novavax deeply cut its full year revenue guidance Monday, with no new Covid vaccine sales expected for 2022 in the U.S.
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Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Monday’s key moments. Nvidia’s warning is a reset The bad news didn’t tank the market The Inflation Reduction Act could be bad for the market 1. Nvidia’s warning is a reset Nvidia (NVDA)
Hong Kong is reducing the amount of time travelers will need to serve hotel quarantine, from seven days down to three starting Friday. “The seven-day quarantine hotel arrangement will be changed to three days in a quarantine hotel, plus four days of home medical surveillance,” Chief Executive John Lee said at a press conference Monday.
Jim Watson | Afp | Getty Images President Joe Biden tested negative for Covid-19 but will continue to isolate, according to the White House. Biden “continues to feel very well,” White House physician Kevin O’Connor said in a memorandum on Saturday. Despite his negative antigen test, “in an abundance of caution, the president will continue his strict
In this article LLY An Eli Lilly and Company pharmaceutical manufacturing plant is pictured at 50 ImClone Drive in Branchburg, New Jersey, March 5, 2021. Mike Segar | Reuters Drugmaker Eli Lilly, one of the biggest employers in Indiana, said that the state’s newly passed law restricting abortions will cause the company to grow away
Dr. Emily Drwiega from the University of Illinois Health and Maggie Butler, a registered nurse, prepare monkeypox vaccines at the Test Positive Aware Network nonprofit clinic in Chicago, Illinois, July 25, 2022. Eric Cox | Reuters Dr. Ward Carpenter, co-director of health services at the Los Angeles LGBT Center, said the monkeypox outbreak across the
Following Friday’s much stronger-than-anticipated nonfarm payrolls report for July, the 10-Year Treasury yield jumped to more than 2.8% and the stock market began pricing in a higher probability that the Federal Reserve will increase interest rates by 75 basis points at its September meeting. The Fed started its most recent rate hiking cycle to try
Jim Watson | Afp | Getty Images Senate Democrats’ package of climate change, health-care, drug pricing and tax measures unveiled last week has proponents and opponents debating whether the legislation violates a pledge President Joe Biden has made since his presidential campaign, to not raise taxes on households with incomes below $400,000 a year. The answer isn’t
Rochelle Walensky, MD, MPH, Director, United States Centers for Disease Control and Prevention; speaks during the COVID Federal Response Hearing on Capitol Hill on June 16, 2022 in Washington, DC. Joe Raedle | Getty Images The Centers for Disease Control and Prevention estimates about 1.7 million men who have sex with men face the biggest
In this article CVS A CVS Pharmacy store is seen in the Manhattan borough of New York City, New York. Shannon Stapleton | Reuters CVS said Wednesday that it plans to acquire or take a stake in a primary-care company by the end of the year, as competition heats up with Amazon and Walgreens. CEO
Erin Woods for the Vote No on the Constitutional Amendment on Abortion canvases a neighborhood on August 01, 2022 in Lenexa, Kansas. Kyle Rivas | Getty Images Senate Majority Leader Chuck Schumer and other leading Democrats on Wednesday said an unexpectedly strong vote to uphold the right to an abortion in “red” Kansas gives their
Boxes of the medication Mifepristone used to induce a medical abortion are prepared for patients at Planned Parenthood health center in Birmingham, Alabama, March 14, 2022. Evelyn Hockstein | Reuters U.S. President Joe Biden will sign an executive order on Wednesday to help cover costs for women traveling to receive abortions, a senior administration official
U.S. Attorney General Merrick Garland announces enforcement actions against Russia, during a news conference at the Justice Department in Washington, U.S., April 6, 2022. Elizabeth Frantz | Reuters The U.S. Justice Department filed a civil complaint Tuesday seeking to block Idaho’s new highly restrictive abortion law on the grounds that it violates the federal act
California Gov. Gavin Newsom (D) talks with reporters after a meeting with Speaker of the House Nancy Pelosi, D-Calif., in the U.S. Capitol, on Friday, July 15, 2022. Tom Williams | CQ-Roll Call, Inc via Getty Images California Gov. Gavin Newsom declared a state of emergency over the rapidly spreading monkeypox outbreak on Monday, the
In this article OGN CMLT-SG ULTA MRK BMY ADSK BBWI shironosov | Getty Images If you want to take a good guess at a company’s gender diversity record, you might want to first look at who its CEO or board chair is, according to the findings of a new study. Having a female CEO at
Coronavirus disease (COVID-19) treatment pill Paxlovid is seen in boxes, at Misericordia hospital in Grosseto, Italy, February 8, 2022. Jennifer Lorenzini | Reuters Pfizer’s second-quarter revenue and profit beat Wall Street expectations, driven by sales of its Covid-19 vaccine and its antiviral treatment Paxlovid. Pfizer booked $27.7 billion in revenue, a 47% increase over the
A healthcare worker administers a dose of the Pfizer-BioNTech Covid-19 vaccine at a vaccination clinic in the Peabody Institute Library in Peabody, Massachusetts, U.S., on Wednesday, Jan. 26, 2022. Vanessa Leroy | Bloomberg | Getty Images The Health and Human Services Department has secured 171 million doses of new Covid vaccines that target the omicron
U.S. President Joe Biden speaks to the media as he arrives at Joint Base Andrews, Maryland, U.S. July 20, 2022. Jonathan Ernst | Reuters President Joe Biden on Saturday tested positive for Covid-19 once again after consecutive days of testing negative for the virus, his physician said. Biden, 79, is experiencing no new symptoms and
We’re selling 50 shares of Salesforce (CRM) at roughly $181.49 each, 65 shares of Danaher (DHR) at roughly $291.05 each, and 50 shares of Eli Lilly (LLY) at roughly $329.07 each. Following Friday’s trades, Jim Cramer’s Charitable Trust will own 355 shares CRM, decreasing its weighting in the portfolio to 2.20% from 2.51%, 485 shares
Club holding AbbVie (ABBV) reported a mixed second quarter Friday morning. On the top line, net revenue increased 6.1% on an operational basis to $14.58 billion, but that missed the consensus estimate on FactSet of $14.67 billion. Adjusted earnings per share increased 11.2% to $3.37, beating estimates of $3.32. Included in earnings was a 14-cent
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