{ }
001122334455554433221100
001122334455554433221100
Symbol MRNA
Name Moderna, Inc.
Currency USD
Sector Health Care
IndustryGroup Pharmaceuticals, Biotechnology & Life Sciences
Industry Biotechnology
Market NASDAQ Global Select
Country United States
State MA
City Cambridge
Zipcode 2139
Website http://www.modernatx.com

stock market update dow jones rises while nvidia and abercrombie fall

The Dow Jones Industrial Average rose 0.1%, buoyed by UnitedHealth's nearly 4% gain, while Nvidia fell nearly 3% due to new AI export restrictions. Howard Hughes surged over 9% following Bill Ackman's acquisition offer, contrasting Abercrombie & Fitch's nearly 20% plunge despite raising holiday sales guidance. The Nasdaq composite dropped over 1%, with Constellation Energy and Micron Technology among the biggest losers.

us stocks decline as interest rate cut hopes fade before inflation report

US stocks fell sharply on Monday, with the S&P 500 down 0.8% and the Nasdaq Composite dropping 1.6%, as concerns over prolonged interest rates intensified ahead of a key inflation report. The 10-year Treasury yield reached a 14-month high, while the dollar surged against major currencies. In corporate news, Moderna's stock plummeted over 22% after it cut its 2025 sales forecast by $1 billion due to weak vaccine demand.

wall street declines as tech stocks and bitcoin face pressure

Wall Street faced declines as Nvidia and other tech stocks lost momentum amid concerns over the Federal Reserve's interest rate cuts. Nvidia dropped 4.4% following a proposed export framework for advanced chips, while Bitcoin fell below $91,000. In contrast, oil-and-gas companies gained as crude prices rose, with Exxon Mobil and Chevron seeing increases of 1.7% and 2.3%, respectively.

Wall Street declines as Nvidia and bitcoin stocks face significant losses

U.S. stock indexes fell as Nvidia and other high-flying stocks lost momentum, with the S&P 500 down 0.8% and the Nasdaq dropping 1.5%. Concerns over the Federal Reserve's potential interest rate cuts, coupled with a slowdown in AI and crypto stocks, contributed to the decline. Meanwhile, oil-and-gas companies gained as crude prices rose, following expanded sanctions against Russia's energy sector.

pharmaceutical industry updates on mergers recalls and new drug developments

Verdiva Bio has launched with a $410 million series A to develop weight loss drugs, including a weekly oral GLP-1 agonist. Roche's Chugai has partnered with Araris Biotech for a deal potentially worth over $780 million to create multi-payload antibody-drug conjugates. Meanwhile, Astellas has halted its early-stage lymphoma CAR-T therapy following a pipeline review, and Merck has acquired a vaccine plant in Ireland from WuXi Biologics for €500 million.

stock market struggles as nvidia and palantir face selloff pressures

Dow futures are struggling to recover as Nvidia shares rise 1.8% after a significant drop, while Palantir Technologies continues to face pressure, down another 2% following a 7.8% decline. Moderna's stock is up over 6% after a near 12% increase on news of the first bird-flu death in the U.S., as the company develops a vaccine. Meanwhile, MicroStrategy shares are down 1.4% after a previous plunge, with Bitcoin prices remaining below $96k.

indexes decline as economic data raises inflation concerns and rate cut fears

U.S. stock indexes closed lower on Tuesday, led by a nearly 2% drop in the Nasdaq, as strong economic data raised inflation concerns and clouded expectations for rate cuts. The Dow fell by over 150 points, while Treasury yields surged, with the 10-year yield reaching its highest since April at 4.691%. Vaccine stocks like Moderna and Pfizer saw gains following the first reported bird flu death in the U.S. this week.

Dow Jones rises as American Airlines flights grounded during holiday rush

The stock market saw gains during the Christmas Eve trading session, with the Dow Jones rising over 175 points and the Nasdaq composite up 0.9%. Adtalem Global Education and Fortinet are nearing buy points, while American Airlines faced a temporary grounding of flights due to a technical issue. Major tech stocks like Nvidia and Amazon also showed strength, contributing to the overall positive market sentiment.

mixed futures and holiday trading as major market changes unfold

U.S. stock futures are mixed as traders anticipate a potential "Santa Claus Rally" amid a quiet holiday week. President Biden's signing of a stopgap funding measure has eased political uncertainty, while Honda and Nissan are moving towards a significant business integration. Additionally, high-profile changes to the Nasdaq 100 index take effect today, with MicroStrategy, Palantir Technologies, and Axon Enterprise joining the index.

MicroStrategy adds former Binance US CEO Brian Brooks to its board

MicroStrategy has appointed former Binance.US CEO Brian Brooks, along with Jane Dietze and Gregg Winiarski, to its board of directors, expanding the board to nine members. This announcement follows MicroStrategy's inclusion in the Nasdaq-100 Index, effective December 23. Brooks, who previously served as acting Comptroller of the Currency, is noted for his significant connections in the banking and crypto sectors.
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