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Pfizer's revenue will rise due to higher prices for COVID vaccines

Analysts say Pfizer's plan to increase the price of a COVID-19 vaccine is now four times beyond Wall Street expectations.

24 October 2022
Verizon profit declines due to loss of subscribers

Verizon Communications Inc, the major U.S. wireless operator, expectations for the number of customers in the third quarter fell short as increasing the prices of plans forced many users to replace Verizon with a more affordable wireless operator.

24 October 2022
Elon Musk suggests that the recession will last until 2024

This week, Elon Musk said that the recession taking place in China and Europe is negatively affecting demand for Tesla electric cars. When subscribers of one of his social networks asked how long he thought the recession period would last, Musk claimed he didn't expect it to end before spring 2024.

21 October 2022
Bitcoin stuck above $19,000 in price volatility decline

Bitcoin's 30-day price volatility was 31% — the lowest in nearly two years, according to analyst firm IntoTheBlock.

21 October 2022
Large banks can handle the coming recession

Nearly all major banks topped third-quarter guidance, causing their stock prices to skyrocket. Sticking with giant banks may be the best way to deal with the consequences of a recession.

21 October 2022
Crypto market may reverse in November or December this year

The current cryptocurrency bear market has led to panic, fear, and uncertainty among investors. Can we conclude when it will end based on previous experience?

21 October 2022
BOJ continues emergency bond purchases while yields are still rising

On Friday, October 21, the Bank of Japan (BOJ) proceeded with an emergency bond buying process for the second day in a row. This is due to the yields of 20-year government bonds growing with a new high being reached.

21 October 2022
Walmart's profit in Mexico rose by 10%

On Thursday, there was a report from analysts.

21 October 2022
Exxon sells Montana refinery for $310 million

U.S. Exxon Mobil Corp has signed an agreement to sell its refinery in Billings, Montana, and associated pipelines to Par Pacific Holdings Inc. for $310 million.

21 October 2022
Immune response from Moderna's updated Omicron vaccine persists for 3 months

Moderna Inc's COVID-19 booster vaccine, aimed at the BA.1 Omicron strain, elicits a powerful immune reaction against this subvariant, keeping antibodies at a high level for at least three months, as reported by the company.

21 October 2022