Key Takeaways U.S. equities rose at midday Tuesday on optimism that the new tariffs threatened by President Trump won’t be as severe as initially believed. Moderna shares soared after it said it received a $590 million award from the U.S. government to speed up development of a vaccine that can be used against bird flu.
Key Takeaways 3M shares surged Tuesday after the company topped fourth-quarter earnings and revenue estimates on what it called “broad based growth” and strong holiday sales. Sales rose at its Transportation & Electronics and Safety & Industrial units. 3M said its restructuring program started in 2023 is largely complete. 3M (MMM) shares surged Tuesday after
Key Takeaways Rivian Automotive shares rose Friday, a day after the electric vehicle maker announced it had finalized a federal loan worth up to $6.6 billion to build a factory in Georgia. The plant—set to be built “less than one hour’s drive from downtown Atlanta,” Rivian said—will be used to accelerate production of the EV
Key Takeaways Rivian Automotive shares rose Friday, a day after the electric vehicle maker announced it had finalized a federal loan worth up to $6.6 billion to build a factory in Georgia. The plant—set to be built “less than one hour’s drive from downtown Atlanta,” Rivian said—will be used to accelerate production of the EV
Published January 17, 2025 12:05 PM EST Pavlo Gonchar / SOPA Images / LightRocket via Getty Images Key Takeaways Qorvo shares jumped 11% Friday when hedge fund Starboard Value made a significant investment in the maker of radio frequency and power semiconductors. A regulatory filing shows Starboard owns 7.29 million shares, which equates to a
Key Takeaways U.S. equities were higher at midday Friday as positive reports on inflation raised investor optimism for more Federal Reserve rate cuts ahead. Intel shares gained after a report that the large U.S. semiconductor maker is an acquisition target. J.B. Hunt Transport Services posted worse-than-expected results as freight volumes fell. U.S. equities rose at
Key Takeaways U.S. equities were higher at midday Friday as positive reports on inflation raised investor optimism for more Federal Reserve rate cuts ahead. Intel shares gained after a report that the large U.S. semiconductor maker is an acquisition target. J.B. Hunt Transport Services posted worse-than-expected results as freight volumes fell. U.S. equities rose at