Spotlight Stocks

IAC/Interactivecorp’s (NASDAQ: IAC) CEO Joey Levin: “Enterprise Use of Video is Accelerating – Consumer Behavior Changes Will Be Sticky”

      IAC/Interactivecorp (NASDAQ:IAC) Q&A with IAC Business Leaders July 16, 2020 Analyst Call Highlights Company Participants: Joey Levin – Chief Executive Officer-IAC Brandon Ridenour – Chief Executive Officer-ANGI Homeservices Anjali Sud – Chief Executive Officer-Vimeo […]

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U.S. Makes Vaccine Deal; Covid Grips Asian Nations: Virus Update

(Bloomberg) — The U.S. sealed a pact for an initial 100 million doses of a Covid-19 vaccine Pfizer Inc. is developing with Germany’s BioNTech SE. President Donald Trump warned that the U.S. outbreak will probably get worse before it gets better.The coronavirus tightened its grip on the Asia Pacific region, with deaths reaching a daily high in Indonesia and infections hitting records in Hong Kong and Japan. Australia, once hailed as a virus success, also saw cases set a daily record.Aviation regulators in the European Union and Singapore are working together to establish health measures and facilitate a recovery of …read more […]

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Pfizer, BioNTech Surge On US Gov Deal For 600M Covid-19 Vaccine Doses

Pfizer Inc (PFE) and BioNTech SE (BNTX) have agreed to provide the US government with 100 million doses of their COVID-19 vaccine candidate BNT162, after Pfizer successfully manufactures and obtains approval or emergency use authorization from the US Food and Drug Administration (FDA).The U.S. government will pay the companies $1.95 billion upon the receipt of the first 100 million doses, following FDA authorization or approval. The U.S. government also can acquire up to an additional 500 million doses.Shares in Pfizer are up 5% in Wednesday’s pre-market trading while BioNTech is up 6%.“Expanding Operation Warp Speed’s diverse portfolio by adding a …read more […]

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U.S. Orders Up to 600 Million Doses of Pfizer, BioNTech Covid Vaccine

(Bloomberg) — U.S. health officials agreed pay $1.95 billion for 100 million doses of a vaccine made by Pfizer Inc. and BioNTech SE, the latest step in an effort to fight the coronavirus pandemic.The companies will receive payment upon the receipt of the doses, following regulatory authorization or approval, according to a statement. The government also can acquire up to an additional 500 million doses.Nations around the world have begun ordering vaccines that are still being tested as part of their efforts to try to blunt the impact of the pandemic that’s roiled economies and killed more than 600,000 people …read more […]

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Ericsson, Deutsche Telekom Sign Multi-Year 5G Deal; Analyst Bullish On ERIC

Ericsson (ERIC) and Deutsche Telekom AG (DTEGY) have announced an expanded partnership with a new multi-year deal to deploy the service provider’s 5G Radio Access Network (RAN) across Germany.Under the terms of the deal, several mobile sites will be upgraded to the latest 5G technology standard over the next few years using Ericsson Radio System products and solutions. The 5G deal is in addition to a multi-RAN agreement following modernization of Deutsche Telekom’s 2G, 3G and 4G radio networks over the past two years.ERIC’s Spectrum Sharing solution will also be deployed, allowing Deutsche Telekom to dynamically manage 4G and 5G …read more […]

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Exclusive: Novavax executives could get big payday even if vaccine fails

Novavax CEO Stanley Erck and three other executives would earn the options, worth $101 million at Tuesday’s closing stock price, if the company’s vaccine candidate enters a mid-stage clinical trial – regardless of its eventual success, according to a company filing. The incentive plan, which has not been previously reported, allows the executives to start exercising the options a year after Novavax starts the so-called Phase 2 trial, as it expects to do soon. …read more […]

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The Only Way to Protect Yourself From the Fed’s Money Crimes

Up… up… up…
Dow 100,000… here we come.
The Nasdaq and all of its techie components continue to smash records. Amazon (AMZN), Tesla (TSLA) and Facebook (FB) continue their magic trick of turning free money into cold hard cash.
Elon Musk is now the fifth-richest person on the planet, and Jeff Bezos made $13 billion on Monday alone.
Meanwhile… Congress is up against the wall to print more money and mail it to everyday Americans.
With just days to save the nation from eating itself, all eyes are on Washington.
How much money will it print this time?
Another trillion? Maybe three?
Will your neighbor get $600 each …read more […]

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Can remote work growth offset stalls in Microsoft's one-time deals?

Wall Street, however, is braced for Microsoft to report that Azure, its flagship cloud computing business, has slipped below 50% revenue growth for the first time ever. Analysts also expect some declines, such as for Microsoft’s on-premises server purchases and sales of consumer devices. Azure’s slowing growth, analysts said, was long expected as the business balloons to tens of billions of dollars per year. …read more […]