Vaccine Stocks: FDA Experts Recommend Adding Omicron To Covid Boosters

Vaccine Stocks: FDA Experts Recommend Adding Omicron To Covid Boosters

A split Food and Drug Administration voted Tuesday to recommend including an omicron-fighting component in updated Covid boosters this fall. But vaccine stocks tumbled. X The Vaccines and Related Biological Products Advisory Committee voted 19-2 in support of omicron-targeted booster shots. This puts the FDA on the path to authorizing updated vaccines in time for … Read more

Tesla Stock Slides With Deliveries Due After Shanghai Production Woes; Hundreds Of US-Based Autopilot Workers Laid Off

Tesla Stock Slides With Deliveries Due After Shanghai Production Woes;  Hundreds Of US-Based Autopilot Workers Laid Off

You’re here (TSLA) is likely to announce global production and delivery data for the second quarter later this week, after the Covid lockdowns and restrictions significantly reduced Shanghai plant production for much of the quarter. CEO Elon Musk has also cited supply-chain woes for limiting output elsewhere. Tesla stock dropped Tuesday. X Wall Street has … Read more

FDA advisers recommend updating COVID booster shots for fall

FDA advisers recommend updating COVID booster shots for fall

At least some US adults may get updated COVID-19 shots this fall, as government advisers voted Tuesday that it’s time to tweak booster doses to better match the most recent virus variants. Advisers to the Food and Drug Administration wrestled with how to modify doses now when there’s no way to know how the rapidly … Read more

Tesla Deliveries Are Coming. What the Results Could Mean for the Stock.

Tesla Deliveries Are Coming.  What the Results Could Mean for the Stock.

Text size Tesla stock is down about 16% for the current quarter. Nicholas Asfouri/AFP via Getty Images You’re here ‘s second-quarter delivery results are expected to arrive in early July. It has been hard to predict the numbers for a couple reasons: The first is production volatility from Covid-19 lockdowns in China, and the other … Read more

Climeworks, carbon dioxide removal company, building Iceland plant

Climeworks, carbon dioxide removal company, building Iceland plant

Christoph Gebald (left) and Jan Wurzbacher, co-founders of Climeworks. Photo courtesy Climeworks Carbon dioxide removal startup Climeworks announced on Tuesday it is building a second commercial sized plant in Iceland. When fully operational in 18 to 24 months time, the plant will capture and store 36,000 metric tons per year of carbon dioxide. That’s a … Read more

Home prices are still going strong, but momentum is slowing

Home prices are still going strong, but momentum is slowing

Home prices rose 20.4% in April from the year before, compared to a 20.6% rise seen in March and a 20% annual increase posted in February, according to the report. All 20 cities tracked by the index showed double-digit increases for April, according to S&P Dow Jones Indices. The latest data represents a snapshot of … Read more