Omicron

The Centers for Disease Control and Prevention (CDC) has recommended a second annual COVID-19 vaccine for individuals aged 65 and above. This decision comes in the wake of a significant increase in COVID-19 hospitalizations among older Americans. What Happened: The CDC’s Advisory Committee...

The U.S. Food and Drug Administration on Monday approved and authorized updated COVID-19 vaccines by Moderna Inc (NASDAQ: MRNA) and partners Pfizer Inc (NYSE: PFE) and BioNTech SE (NASDAQ: BNTX) aimed at better countering circulating viral strains, including the omicron variant XBB.1.5....

Booster shots for Omicron variants of the novel coronavirus could officially be made available in the U.S. just after Labor Day, Politico reported on Monday. What Happened: The Food and Drug Administration (FDA) will likely authorize the booster shots of Pfizer, Inc. (NYSE: PFE)/BioNTech SE (NASDAQ...

Since my previous update, which you can read here, the price of U.S. oil fell by 26%, from $82 to $62 in the final quarter of 2021. At the start of December, the bulls came in strong, taking the price from $62 to $90 at writing, a climb of 44%.  These are new highs for the price per...

Key takeaways: Huazhu Group is predicting greater uncertainties for its hotels in the first quarter as a result of the recent Covid resurgence and resulting travel restrictions The company has pivoted to focus on quality over quantity growth, in an unexpected shift for some analysts By Lau Ming...

Antibody treatments made by Regeneron Pharmaceuticals Inc (NASDAQ: REGN) and Eli Lilly And Co (NYSE: LLY) are not likely to work against the Omicron variant of COVID-19 and their emergency use authorization has been rescinded by the U.S. Food And Drug Administration. What Happened: The regulator...

Microsoft Corporation (NASDAQ: MSFT) co-founder Bill Gates answered questions related to COVID-19 on Twitter Tuesday. What Happened: The questions to Gates were routed through Devi Sridhar, director of Global Health Governance and a professor at the University of Edinburgh Medical School. Gates...

Investors who have owned stocks in the last year have generally experienced some big gains. In fact, the SPDR S&P 500 (NYSE: SPY) total return over the last 12 months is 29.2%. But there is no question some big-name stocks performed better than others along the way. Inovio’s Bumpy Road:...

Heading into the last trading week of 2021, here is a quick roundup of the top five stories from the technology, corporate and cryptocurrency sectors that investors would not want to miss out on from the weekend. 1. Big Tech Opts For CES 2022 Virtual Participation: Microsoft Corp. (NASDAQ: MSFT)...

Microsoft Corp (NASDAQ: MSFT) has joined a list of companies that are switching to virtual participation at the world’s largest annual Consumer Electronics Show, held in Las Vegas, due to the rising number of omicron cases. What Happened: Microsoft said it has decided not to...

COVID testing in a parking garage in Miami on Tuesday (photo via Jordan Levin).  Good Luck Getting Into A Medical Clinic A woman we know got in a car accident over the weekend. Her injuries weren't urgent enough to require a visit to an emergency room, but she wanted to get them examined,...

President Joe Biden announced his administration’s strategy for curbing the spread of the omicron variant of the coronavirus includes ordering 500 million at-home tests to ship free to Americans. What Happened: During a Tuesday afternoon speech, Biden said omicron will cause breakthrough...

Moderna Inc (NASDAQ: MRNA) shares are pulling back among other vaccine stocks due to COVID-19 omicron variant concerns as well as cooling off from a good November. The World Health Organization is now saying the omicron variant has been detected in more than 40 countries since it was first...

Apple Inc (NASDAQ: AAPL) plans could be affected by the new Omicron variant of the COVID-19 virus, journalist Mark Gurman said in the latest edition of his newsletter. What Happened: Gurman noted that the variant is not forcing “any major changes” for Apple currently...

Nio Inc -  ADR (NYSE: NIO) shares are trading lower Thursday as Chinese stocks push down because of COVID-19 omicron variant fears. This has caused much volatility in Chinese stocks. Nio stock is trading in a pennant pattern and looks to have bounced off the support level in the pattern...