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Moderna Inc. (MRNA) said initial data from its ongoing phase 2 study showed that booster shots of its COVID-19 vaccine is effective against strains of the coronavirus that emerged from Brazil and South Africa. The company is also evaluating a multivalent vaccine booster candidate, mRNA-1273.211, and expects to share its data shortly.

recall jan25 05may21 Shares of Peloton Interactive Inc. (PTON) lost about 15% in regular trading on Wednesday after the treadmill maker announced two separate voluntary recalls of its Tread+ and Tread treadmills. The announcement is a major uturn made by Peloton after it initially said that its products were safe despite...

uber july10 05may21 Uber Technologies Inc. (UBER) Wednesday reported a first-quarter loss that narrowed from last year, despite revenues dropping 16%, reflecting a gain from sale of self-driving unit. The ride-hail service's fourth-quarter loss was narrower than Wall Street estimates, but revenues fell short of expectations....

wallstreet aug14 05may21 Stocks fluctuated over the course of the trading day on Wednesday before eventually ending the session mixed. Despite the choppy trading, the Dow ended the session at a new record closing high.

nrf may04 The U.S. economy could witness its fastest growth since 1980s as more businesses reopen and consumers are feeling better now. According to National Retail Federation Chief Economist Jack Kleinhenz, the U.S. economy is on firm footing and could see its fastest growth in more than three decades. Kleinhenz...

chevroletsilverado may05 General Motors Co.'s (GM) Chevrolet Silverado electric pickup truck will be built at the company's Factory ZERO assembly plant in Detroit and Hamtramck, Michigan. General Motors has not yet revealed the production timeline for the electric vehicle, which is expected to hit the markets in early...

wallstreet oct01 05may21 Stocks fluctuated early in the session but have moved mostly higher over the course of the trading day on Wednesday. With the upward move on the day, the Dow has reached a new record intraday high.

donaldjtrump may05 Former President Donald Trump, who was shunned by multiple social media platforms over dangerous and inciting posts, has launched his own communications platform, even as Facebook's Oversight Board today upheld Trump's ban. The new website says it will publish content "straight from the desk" of Trump.

uscoronavirus may05 40,531 new coronavirus cases were reported in the United States on Tuesday, taking the national total to 33,274,659. The weekly average of daily infections is 48,003. 890 new deaths were reported on the same day. With this, the COVID death toll in the U.S. increased to 592,409, according to the latest data from Johns Hopkins University. The 7-day average of COVID deaths is 7,201.

wallstreet3 05may21 After moving higher at the start of trading on Wednesday, stocks have given back ground over the course of the morning. The major averages have all pulled back well off their highs of the young session.

s p dowjones 050521 S&P Dow Jones Indices or S&P DJI, has officially launched its new series of digital asset benchmarks, the S&P Digital Market Indices, which will measure the performances of digital assets such as cryptocurrencies. The move comes based on strong investor demand for benchmarking and index-based solutions based on cryptocurrency and blockchain assets.

ism services 050521 After reporting an unexpected slowdown in U.S. manufacturing growth earlier this week, the Institute for Supply Management released a report on Wednesday showing the pace of U.S. service sector growth also unexpectedly slowed in the month of April.

facebookworkplace may05 Social media giant Facebook's Workplace business tool has breached the seven million paid subscribers mark at a time when jobs have gone remote and is now the new normal amid the ongoing pandemic. The number of paid subscribers has grown 40 percent from last year.

adp 050521 Private sector job growth in the U.S. accelerated in the month of April but still came in below economist estimates, according to a report released by payroll processor ADP on Wednesday. ADP said private sector employment spiked by 742,000 jobs in April after surging by an upwardly revised 565,000 jobs in March.

wallstreetmarch0220 05may21 After ending the previous session mostly lower, stocks may move back to the upside in early trading on Wednesday. The major index futures are currently pointing to a higher open for the markets, with the S&P 500 futures up by 16.75 points.

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