life sciences
Moonshot stocks are coming back to Earth. As the Federal Reserve moves closer to raising interest rates, investors are repricing their bets on one of the riskiest corners of the market: shares of companies that don’t make money. Cash-burning technology firms, biotechnology companies without any approved drugs and startups that listed quickly via mergers with […]
Text size Pfizer says its Omicron-targeting vaccine should be ready by March. Patrick T. Fallon/AFP via Getty Images Pfizer said it should be able to launch a redesigned Covid-19 vaccine that targets the Omicron variant of the virus by March, while Facebook parent Meta Platforms delayed its U.S. office reopening plans and mandated booster shots […]
After taking an initial wait-and-see approach on the new omicron variant of coronavirus, Credit Suisse CS, +3.57%, one of the world’s largest investment banks, now sees a “considerable” risk that the U.S. and large parts of Europe will be unable to avoid “stringent” lockdowns this winter. Credit Suisse’s view is at odds with that of […]
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