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Pfizer, BioNTech, Weber and others

Take a look at the top companies that made headlines long before the bell rang. Pfizer (PFE), BioNTech (BNTX) – The companies said studies showed that three doses of their Covid-19 vaccine neutralized the omicron variant, while two doses still offered protection. Pfizer, BioNTech and others said that they are still working on an omicron […]

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Capital One says it’s ditching all consumer overdraft fees

Richard Fairbank, Capital One Chairman and CEO. Getty Images| The Washington Post | Getty Images Capital OneRetail banking customers will be exempted from overdraft fees The bank, which is based in McLean Virginia, claims it has the largest U.S. branch that has not ended an industry practice charging customers for transactions exceeding their customer’s balance. […]

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General Motors, Astra and more

On a water tank at the General Motors Assembly Plant in Ramos Arizpe in Coahuila, Mexico, February 11, 2021, you can see the GM logo Daniel Becerril | Reuters Take a look at the top midday traders. Activision Blizzard — The video game stock continues to be on watch as the company has come under […]

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Fed Chair Jerome Powell has been nominated for a second term. Here’s what that means for investors

Jerome Powell, Chairman of the U.S. Federal Reserve, speaks with reporters following the Federal Reserve’s emergency decision to reduce interest rates to protect the largest economy in the world from the effects of the coronavirus. This was during a Washington news conference on March 3, 2020. Kevin Lamarque | Reuters After Jerome Powell’s renomination as […]

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If Biden picks Brainard over Powell for Fed chief, expect an immediate market impact

Federal Reserve Chairman Jerome Powell takes photos with Fed Governor Lael Mindard (L), at the Federal Reserve Bank of Chicago in Chicago, Illinois U.S.A, on June 4, 2019. Ann Saphir | Reuters If Lael BrainardNamed Federal Reserve Chairman, financial markets could price in a more conservative central bank as the first move. This means that […]

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Warren Buffett has been selling into this stock market rally for the past one year

Warren Buffett attending Berkshire Hathaway’s annual Los Angeles meeting. May 1, 2021. Gerard Miller For the fourth consecutive quarter, Warren Buffett’s Berkshire Hathaway stock has been a net sell of stocks. The legendary value investor is not looking for bargains in a sea of surging equities.

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Wall Street analysts say buy Bank of America, Microsoft and Alphabet

Alphabet Inc.’s logo outside its Beijing office, China. August 8, 2018. Thomas Peter | Reuters Wall Street analysts say that earnings season is ending and some stocks are standing out. Analysts recommend that these stocks be purchased now because they have such strong earnings.