Author: usaeverydaylife

The Moderna Inc. headquarters in Cambridge, Massachusetts, on March 26, 2024.Adam Glanzman | Bloomberg | Getty ImagesModerna on Monday said its experimental mRNA-based flu vaccine produced a stronger immune response than a currently available shot in a late-stage trial, clearing a path forward for the product and the company’s separate combination flu and Covid jab.Moderna in May voluntarily withdrew an application seeking approval of its combination shot targeting Covid-19 and influenza, saying it had plans to resubmit it with efficacy data from the phase three trial on its standalone flu vaccine. That decision came after discussions with the Food and…

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Jefferies sees a rosy outlook ahead for Walt Disney . The bank upgraded shares of the entertainment giant to buy from hold. Analyst Ed Alter also lifted his price target to $144 per share from $100, implying nearly 18% upside from Friday’s close. Alter pointed to the launch of two new cruise ships in the first quarter of next year as a catalyst. Together, these ships could drive incremental revenue up between $1 billion to $1.5 billion. The analyst also applauded Disney’s direct-to-consumer business, especially the content and sports slate offered on its streaming platform, Disney+. Names such as “Moana…

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Sustainable cloud growth should make Oracle shares look even more attractive, according to Stifel. The bank upgraded the tech company to buy from hold. Analyst Brad Reback lifted his price target to $250 per share from $180, which signals upside of about 19% from Friday’s close. Shares of Oracle have been on fire in 2025, gaining 26%. Reback believes that Oracle’s cloud acceleration appears sustainable, which would drive further gains. For each of the next two fiscal years, the analyst forecasts that Oracle’s total cloud revenue could grow in the high 30% range. ORCL YTD mountain ORCL YTD chart “Upgrade…

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A tractor plows a field as seen through heat shimmers during a heat wave in Woodland, California, U.S. May 30, 2025. Fred Greaves | ReutersWASHINGTON — President Donald Trump said in an interview on Fox News that the administration is working to develop a temporary pass for immigrants who work in certain industries, which would mark the latest shift in the administration’s approach to immigration enforcement for farmworkers.”We’re working on it right now. We’re going to work it so that some kind of a temporary pass where people pay taxes, where the farmer can have a little control, as opposed to you…

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When the tyranny of the “Magnificent Seven” ended, I always figured the money would go to the rest of tech. I also didn’t think that there would be anything left of the Mag 7 to invest in. They would all be obliterated as part of a source-of-funds move. Club name Nvidia would be grounded by China fears, both DeepSeek and restrictions by President Donald Trump. It was too good to be true, when Nvidia was in the high $80s a share, that it could find its way to new highs. Microsoft , another portfolio member, would falter because Copilot would falter.…

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U.S. Treasury yields moved lower as investors monitored whether the Senate would pass President Donald Trump’s divisive spending bill over the next few hours.At 3:59 a.m. ET, the benchmark yield was 2 basis points lower at 4.257%, and the 30-year yield moved 3 basis points lower to 4.814%. Meanwhile, the  2-year yield was little changed at 3.73%.One basis point is equal to 0.01%, and yields and prices move in opposite directions.Trump’s “big, beautiful bill” passed a key procedural hurdle in the Senate on Saturday and is now slated for a final debate in the Senate.The package could add over $3.9 trillion to the national debt,…

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Prime Minister Keir Starmer speaks during a visit to a Jaguar Land Rover car factory on April 7, 2025 in Birmingham, United Kingdom. Wpa Pool | Getty Images News | Getty ImagesLONDON – The U.K.-U.S. trade deal comes into play on Monday, giving a preferential tariff rate to British cars imported to America, while questions linger over final levies on the U.K.’s metal exports.Back in May, the U.K. became the first country to negotiate a trade deal with the U.S. since White House leader Donald Trump unveiled his so-called reciprocal tariffs a month prior. The terms of the agreement are effective…

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U.S. President Donald Trump announced on April 4 that he would again postpone enforcement of a law banning TikTok unless its Chinese owner ByteDance divests from the platform. Vcg | Visual China Group | Getty ImagesU.S. President Donald Trump told Fox News in an interview aired on Sunday that he has a group of “very wealthy people” ready to buy TikTok, whose identities he can reveal in about two weeks.Trump added that the deal will probably need Beijing’s approval to move forward, but said “I think President Xi will probably do it,” in reference to China’s leader Xi Jinping.The president…

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The logo of British oil major BP.Sopa Images | Lightrocket | Getty ImagesFor weeks, market tongues have been wagging about a potential merger between Britain’s oil giants — until, ending weeks of speculation, Shell on Thursday denied reports that it’s in talks to acquire BP.But how did we get to the point that BP, a U.K. oil exploration company that was founded in 1909 under the name Anglo-Persian Oil Company, is now seen as a possible takeover target for its long time rival?The resetBack in 2020, under the guidance of then newly appointed CEO Bernard Looney, BP announced it would embark…

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