Moderna stock is lone omen of bird flu pandemic
The recent rise of Moderna’s (MRNA.O), opens new tab stock tells a grim tale. The $56 billion company which pioneered a Covid vaccine has seen its market value rise 40% since the discovery of bird flu in American cows in March, opens new tab. The benefit to Moderna of a new outbreak is probably far less. The H5N1 […]
Morning Bid: New highs as retail eyed, Europe calms
Tech-led Wall Street stocks have sailed to new records again this week, with Tuesday expected to see retail sales return to growth and as nervy European markets calmed for a second day. The relentless outperformance of U.S. tech megacaps on the artificial intelligence theme now has the Nasdaq (.IXIC), nearing 20% gains for the year to date, outstripping the S&P500 (.IXIC), […]