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GME Stock Falls Ahead of First Earnings Report After Reddit Short Squeeze

[ad_1] GameStop (GME) will release its fourth quarter results, its first earnings report since the massive compression of Reddit fueled by Reddit after the market closed on Tuesday. GME stock fell following another high-level executive departure. X GameStop wins Estimates: Analysts see earnings soar 15% to $ 1.46 per share as revenues rise 2.2% to … Read more

USPS: Postmaster Louis DeJoy to announce 10-year plan that includes longer mail delivery times and reductions in post office hours

[ad_1] The massive plan, “Delivering for America,” also aims to make the postal service more competitive and modern – including a new fleet of energy-efficient delivery vehicles and ideas for new services the agency can offer customers and customers. to small businesses, the source says. USPS said in a statement that the plan “will include … Read more

AstraZeneca may have used ‘outdated information’ on vaccine

[ad_1] U.S. health officials expressed concerns on Tuesday morning that positive results that AstraZeneca announced on Monday for its Covid-19 vaccine may have been based on “an incomplete view of ‘efficacy data’ from a clinical trial and relying on ‘outdated information’, throwing another curve in the company’s vaccine saga. In a statement issued shortly after … Read more

Roche’s Antibody Cocktail Regeneron Reduces COVID-19 Hospitalizations and Deaths by 70%, Company Says

[ad_1] A cocktail of combined monoclonal antibodies produced by Regeneron and Roche has been shown to reduce hospitalization or death in COVID-19 patients by 70%, according to a press release on Tuesday. The combination therapy, dubbed REGEN-COV, was being evaluated in a phase 3 trial involving high-risk outpatient COVID-19 patients. REGEN-COV includes casirivimab in combination … Read more

Giant automatic chip factory fire

[ad_1] TOKYO – A fire at a factory at one of the world’s leading car chip makers has added to problems for automakers who have already cut production due to a semiconductor shortage. Friday’s fire left a swath of charred equipment in the plant owned by a subsidiary of Renesas Electronics Corp. in Hitachinaka, northeast … Read more

Asian markets mixed as Baidu collapses in Hong Kong

[ad_1] Asian markets were mixed early in Tuesday, as Hong Kong and mainland Chinese stocks fell after posting gains early in the session. Hong Kong HSI Hang Seng Index, -1.33% slipped 1.3%, the Shanghai Composite SHCOMP, -0.93% fell 1.2% and the Shenzhen Composite 399106, -1.13% decreased by 1.3%. Nikkei 225 NIK from Japan, -0.61% edged … Read more

AstraZeneca may have included outdated information from COVID-19 trial, according to NIAID

[ad_1] AstraZeneca may have provided an incomplete view of efficacy data related to its clinical trial of the COVID-19 vaccine, according to the National Institute of Allergy and Infectious Diseases (NIAID) on Tuesday. The British pharmaceutical company said in a statement Monday morning that the phase III trial of its COVID-19 vaccine – which was … Read more