Florida, Fort Myers, Publix, supermarket Entrance. (Photo by: Jeffrey Greenberg/Universal Images Group via Getty Images) Jeff Greenberg | Universal Images Group | Getty Images In Florida, hundreds of neighborhood grocery stores have become a cornerstone of the state’s Covid-19 vaccination program. Publix was tapped by the governor’s office in early January to administer shots to
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Take a look at some of the biggest movers in the premarket: Peloton (PTON) – Peloton doubled consensus estimates in reporting quarterly profit of 18 cents per share, and the fitness equipment maker’s revenue came in above estimates as well. Peloton will be incurring extra costs in the near term, however, to reduce shipping delays
Artur Widak | NurPhoto | Getty Images Johnson & Johnson applied for an emergency use authorization from the Food and Drug Administration for its coronavirus vaccine after releasing data last week showing it was about 66% effective in protecting against the virus. If J&J’s application is approved, it would be the third Covid-19 vaccine authorized
Pedestrians pass in front of Pinterest signage displayed outside of the New York Stock Exchange. Michael Nagle | Bloomberg | Getty Images Check out the companies making headlines after the bell: Pinterest — Shares of the image-sharing company were up 8.1% on the back of quarterly earnings that were higher than analysts expected as the
Jim Farley, Ford CEO Ford DETROIT – Ford Motor CEO Jim Farley is promising something Wall Street has been asking from the storied American car manufacturer for years: A clear and decisive plan as the auto industry transitions to electric vehicles. In the coming months, Farley said he “will lay out the entire picture” for
An investor looks at an electronic board showing stock information at a brokerage house in Nanjing, Jiangsu province, China. Reuters BEIJING — The recent short selling frenzy on Wall Street will not likely come to China, where there are many more market restrictions. Short selling refers to a trading strategy that allows investors to bet
Director of the National Institute of Allergy and Infectious Diseases Dr. Anthony Fauci speaks during a White House press briefing, conducted by White House Press Secretary Jen Psaki, at the James Brady Press Briefing Room of the White House January 21, 2021 in Washington, DC. Alex Wong | Getty Images There have been “no red
Take a look at some of the biggest movers in the premarket: Spotify (SPOT) – The music streaming service reported a wider-than-expected quarterly loss, although its revenue did beat analyst forecasts. The number of premium subscribers jumped by 24% to a better-than-expected 155 million. The stock fell 7% in premarket trading as of 7:32 a.m.
A woman wearing a facemas exits a Chipotle Mexican Grill restaurant with her takeout order on January 14, 2021 in Monterey Park, California. Frederic J. Brown | AFP | Getty Images Chipotle Mexican Grill is expected to report its fourth-quarter earnings after the bell on Tuesday. Here’s what Wall Street analysts surveyed by Refinitiv are
Amazon CEO Jeff Bezos Alex Wong | Getty Images Check out the companies making headlines after the bell: Amazon —Shares of the retailer were up 1% in after-hours trading on the back of quarterly results that beat analyst expectations. Amazon reported earnings per share of $14.09 on revenue of $125.56 billion. Analysts polled by Refinitiv
Scott Mlyn | CNBC Ulta Beauty unveiled an initiative Tuesday to better reflect the country’s diversity with the products it sells in stores and faces it features in advertising campaigns. The beauty retailer pledged to double the Black-owned brands in its assortment by the end of 2021 and step up employee training to make stores
Bin Li, CEO of Chinese electric vehicle start-up NIO Inc., celebrates after ringing a bell as NIO stock begins trading on the floor of the New York Stock Exchange (NYSE) during the company’s initial public offering (IPO) at the NYSE in New York, September 12, 2018. Brendan McDermid | Reuters BEIJING — Chinese electric car start-up
Close-up of Moderna vaccine at the Park County Health Department COVID-19 vaccination clinic for seniors 80 years and older on January 28, 2021 in Livingston, Montana. William Campbell | Getty Images Some health-care providers have been regularly holding back Covid-19 vaccine doses to ensure there will be supply when people come back to get their
Robinhood co-founder and co-CEO Vlad Tenev speaks onstage during the TechCrunch Disrupt New York event on May 10, 2016. Noam Galai | Getty Images for TechCrunch The co-founder of Robinhood took to audio app Clubhouse on Sunday to defend the investment platform’s decision to restrict trading in GameStop and other volatile stocks. GameStop shares have
A Regal Cinemas movie theater stands at night in New York, U.S., on Tuesday, Oct. 6, 2020. Amir Hamja | Bloomberg | Getty Images Hollywood is hopeful that a robust Covid vaccine rollout will bring moviegoers back to theaters in droves, but content matters as well. Fortunately, there are a slew of blockbusters waiting for
A GameStop Corp. store in Rome, Italy, on Thursday, Jan. 28, 2021. Alesia Pierdomenico | Bloomberg | Getty Images Hedge fund Melvin Capital Management lost 53% in January amid a record rally in GameStop and other stocks the fund was betting against, according to The Wall Street Journal citing people familiar with the matter. The
A sign welcomes customers to indoor dining at a restaurant in Brooklyn on December 01, 2020 in New York City. Spencer Platt | Getty Images New York City restaurants will be allowed to reopen for indoor dining at limited capacity beginning on Feb. 14 as long as Covid-19 cases continue to remain stable, Gov. Andrew
Steven A. Cohen Scott Eells | Bloomberg | Getty Images Steve Cohen, the founder of hedge fund Point72 and owner of the New York Mets, has deactivated his Twitter account after his family received threats this week amid the GameStop trading frenzy. “I’ve really enjoyed the back and forth with Mets fans on Twitter which