Moderna posts surprise profit as COVID vaccine sales exceed expectations
Moderna reported a surprising third-quarter profit on Thursday, driven by cost reductions and stronger-than-expected sales of its COVID-19 vaccine, despite lower-than-anticipated revenue from its new respiratory syncytial virus (RSV) vaccine. Shares of the Cambridge, Massachusetts-based company jumped 11% in premarket
Donald Trump won. What happens now?
Donald Trump won. Now the sprint to turn over one of the largest organizations on the planet begins. Trump’s transition team — working parallel to Kamala Harris’ — has already spent months quietly crafting plans to realign the federal government.
Why ON Semiconductor is a strong buy despite recent market challenges
ON Semiconductor, the $31 billion chip manufacturer based in Scottsdale, Arizona, has faced significant challenges lately. Despite the broader market momentum, with the S&P 500 index climbing 29% from July 2023, ON Semi’s stock has plummeted 31%, reaching $72 from
Berry Bros & Rudd families warn inheritance tax changes threaten legacy of historic wine business
The Berry and Rudd families, owners of the esteemed London wine merchant Berry Bros & Rudd, have raised concerns over recent inheritance tax reforms that could threaten the future of their 376-year-old business. The Labour government’s proposed 50% reduction in business