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The Food and Drug Administration recently gave its approval for Novavax’s updated protein-based Covid vaccine, allowing for emergency use in individuals aged 12 and over. This move opens up the competition in the market, pitting Novavax against the well-known Pfizer and Moderna vaccines this coming fall and winter. Novavax’s vaccine is specifically designed to target
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Dell has recently reported its quarterly results, which surpassed Wall Street’s expectations. The company experienced a significant increase in server sales, leading to a more favorable financial performance. Let’s dive deeper into Dell’s fiscal second-quarter results and analyze the key highlights of their report. Dell’s revenue for the quarter reached $25.03 billion, exceeding the expected
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Warren Buffett, at the age of 94, has achieved unparalleled success with his conglomerate, Berkshire Hathaway, reaching a milestone of over $1 trillion in market capitalization. This remarkable feat has been credited to his strategic vision and remarkable insight by Howard Marks, a fellow investor and friend. It is the combination of well-thought-out strategies executed
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When companies release their quarterly earnings reports, the results can have a significant impact on their stock prices. Positive earnings surprises often lead to a surge in stock prices, as investors view the company’s performance more favorably than they had initially anticipated. On the other hand, negative earnings surprises can result in a sharp decline
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The Labor Day weekend of this year seems to be heading towards a slow period, with the summer box office projected to total $3.6 billion according to Comscore. This disappointing performance can be attributed to a deliberate move by the studios to release fewer blockbuster movies this summer. Comparing this summer’s earnings to the previous
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Typhoon Shanshan hit Japan with full force, causing widespread devastation and disruption to daily life. The torrential rain and strong gusts brought by the typhoon have led to severe consequences across various regions in the country. The impact of the storm has been felt not only in terms of infrastructure damage but also in terms
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One stock that caught the attention of CNBC TV’s producers during Thursday’s trading was Marvell Technology. The stock saw an 8% increase after hours due to better-than-expected revenue in the latest quarter. However, it is important to note that Marvell is down 18% from its March high, despite a recent 8% increase. In addition, the
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