Wall Street Week Ahead: Tech giants’ earnings could be yet another test of markets at new highs

NEW YORK (Reuters) – Investors are watching a flurry of earnings reports from Wall Street’s tech and internet giants as the high-growth stocks that have propelled markets high for years face pressures from regulation, supply chain problems and rising government bond yields are . FILE PHOTO: People are seen on Wall Street in front of … Read more

Pfizer Says Covid Vaccine Is More Than 90% Effective In Children

A 12-year-old girl will receive the Pfizer BioNtech vaccine in New York City on May 14, 2021. Adam Jeffery | CNBC Child-sized doses of Pfizer’s Covid-19 vaccine appear safe and nearly 91% effective in preventing symptomatic infections in 5-11 year olds, according to the study details released on Friday, as the US is considering opening … Read more

GLOBAL MARKETS-Asian tech stocks rise; Chinese real estate stocks rebound on Evergrande payment

* Tech stocks follow US competitors higher on FAANG’s earnings optimism * Evergrande is supposed to avert default in payment after surprising interest payments * Energy stocks plunge as markets adjust for higher inflation TOKYO, Oct. 22 (Reuters) – Tech stocks rose in Asia on Friday after US competitors rose, while Chinese real estate stocks … Read more

How rising Covid cases in Great Britain could be “a compelling argument for boosters”

Former Obama White House Political Director Dr. Kavita Patel explained why the rising number of Covid cases in the UK could be a compelling argument in favor of booster vaccinations. “What is happening is … this real-world experiment where AstraZeneca becomes less effective and they haven’t brought their boosters to market,” said Patel during an … Read more

Facebook settles allegations that it discriminated against US workers for jobs

Mark Zuckerberg, CEO and founder of Facebook Inc., speaks during a hearing of the House Energy and Commerce Committee in Washington, DC, the United States, on Wednesday, April 11, 2018. Andrew Harrer | Bloomberg | Getty Images Facebook has settled claims that it has refused to recruit or hire U.S. workers for positions it has … Read more

The chaos in the supply chain is affecting global growth and could get worse

Trucks parked in the Port of Los Angeles in Los Angeles, California, United States on Wednesday, October 13, 2021. Kyle Grillot | Bloomberg | Getty Images Thanks to the introduction of coronavirus vaccines, the global economy is slowly starting to recover from the pandemic. But Covid-19 has left a very destructive economic problem: disrupting global … Read more

Dow futures didn’t change much before a big week of earnings

US stock index futures were roughly flat during Sunday overnight trading after major averages posted their best week in months as the earnings season got off to a stronger-than-expected start. Futures contracts linked to the Dow Jones Industrial Average lost just 23 points. S&P 500 futures lost 0.1% while Nasdaq 100 futures lost 0.2%. The … Read more

Mark Cuban says he will not invest in a potential Bitcoin futures ETF

The Securities and Exchange Commission is expected to start trading the first U.S. Bitcoin futures exchange-traded funds next week as the SEC is unlikely to block ProShares and Invesco’s proposed ETFs, CNBC reported on Friday. But billionaire Mark Cuban is not going to invest. When asked if he would buy the ETFs once they are … Read more

The SEC is poised to allow the first Bitcoin futures ETFs to start trading, the source says

U.S. Securities and Exchange Commission chairman Gary Gensler testifies prior to a Senate Banking, Housing, and Urban Affairs supervisory hearing about the SEC on Capitol Hill in Washington, United States, on September 14, 2021. Evelyn Hockstein | Reuters The Securities and Exchange Commission will allow the first U.S. Bitcoin futures exchange-traded fund to start trading … Read more

Moderna, Virgin Galactic, Truist and more

Check out the companies that make the headlines before the doorbell rings: Moderna (MRNA) – Moderna gained 3.2% in pre-trading hours after rising 3.2% yesterday after the FDA panel recommended a booster dose of its Covid-19 vaccine. The panel recommended allowing a booster vaccination for people aged 65 and over and for those at high … Read more