Why Moderna Stock Soared Today

Why Moderna Stock Soared Today
Joe Tenebruso, The Motley Fool

Analysts are raising their price targets for the drugmaker's shares based on the prospects for its promising coronavirus vaccine.

Continue reading

Latest Stories

  • Biden's foreign policy challenges, from Iran's nuclear program to Russian hacking

    These are the issues the Biden administration will be dealing with on the foreign policy front.

  • Alexandria Ocasio-Cortez: Capitol rioter charged with threatening to ‘assassinate’ congresswoman

    The Texas man also allegedly threatened a US Capitol police officer

  • Canada's Trudeau presses Pfizer CEO on vaccine shortage, hints at travel crackdown

    Prime Minister Justin Trudeau said on Friday that Pfizer had reassured him it would meet Canada's vaccine order in full by end-March as, with a second COVID wave spreading across the country, he hinted at a clampdown on citizens leaving home. Pfizer, which is retooling a European manufacturing plant, told Canada on Tuesday it would receive no vaccine next week, promising more pain for provinces already complaining about a shortage of supplies. Pfizer also said it would cut supplies to the European Union.

  • Exclusive: Notorious Albanian gangster smuggles mobile phone into British prison cell to post birthday wishes to family

    An Albanian gangster jailed for 27-years for smuggling huge quantities of heroin and cocaine into Britain has been making a mockery of justice by running a social media account from his prison cell. Posing with fellow gang members, Valjet Pepaj, has even used Instagram to flirt with women on the outside, boasting that he expects to be free in four years. The 31-year-old was given a lengthy sentence in April 2018 after admitting three counts of conspiracy to supply Class A drugs. He was jailed alongside two other men following a six month undercover police operation which resulted in the seizure of 50 kilograms of heroin and cocaine, worth in excess of £2 million.

  • Iran, pressured by blackouts and pollution, targets Bitcoin

    Iran's capital and major cities plunged into darkness in recent weeks as rolling outages left millions without electricity for hours. With toxic smog blanketing Tehran skies and the country buckling under the pandemic and other mounting crises, social media has been rife with speculation. Within days, as frustration spread among residents, the government launched a wide-ranging crackdown on Bitcoin processing centers, which require immense amounts of electricity to power their specialized computers and to keep them cool — a burden on Iran's power grid.

  • Germany expects AstraZeneca to deliver 3 million COVID-19 vaccine doses in February

    Germany expects British drugmaker AstraZeneca Plc to deliver 3 million doses of its COVID-19 vaccine in February despite the company's latest production problems, Health Minister Jens Spahn told Bild am Sonntag newspaper. AstraZeneca informed European Union officials on Friday it would cut deliveries of its COVID-19 vaccine to the bloc by 60% to 31 million doses in the first quarter of the year due to production problems, a senior official told Reuters. The decrease deals another blow to Europe's COVID-19 vaccination drive after Pfizer Inc and German partner BioNTech slowed supplies of their vaccine to the bloc this week, saying the move was needed because of work to ramp up production.

  • Biden reeled in a record-breaking $145 million in 'dark money'

    President Biden reeled in a record-breaking $145 million in so-called dark money from anonymous donors during his presidential campaign, topping the $113 million that went to Sen. Mitt Romney (R-Utah) before his failed presidential bid in 2012, Bloomberg reports.It's not surprising that Biden set the mark given that the $1.5 billion he hauled in overall was the most ever for a challenger to an incumbent president, but it's notable in large part because Democrats have been at the forefront of a movement to ban dark money in politics since it means that supporters can back a candidate without scrutiny. Plus, Bloomberg notes, anonymous donors "will have the same access to decision makers as those whose names were disclosed, but without public awareness of who they are or what influence they might wield." As Meredith McGehee, the executive director of campaign finance reform advocacy group Issue One, told Bloomberg, "the whole point of dark money is to avoid public disclosure while getting private credit."Still, it seems the Democratic Party was willing to embrace the strategy in the hopes of defeating former President Donald Trump, who only brought in $28.4 million from anonymous donors. Read more at Bloomberg.More stories from theweek.com 7 brutally funny cartoons about Trump's White House exit McConnell is already moving to strangle the Biden presidency 'No way' McConnell has had a post-Trump 'epiphany,' political scientist says

  • Biden's acting attorney general signed off on reassigning prosecutor who objected to family separations

    The incident would have made Wilkinson aware families were being separated long before the Texas pilot program for zero tolerance was known to the public.

  • Tulsi Gabbard: Domestic-Terrorism Bill Is ‘a Targeting of Almost Half of the Country’

    Tulsi Gabbard, the former Democratic representative from Hawaii, on Friday expressed concern that a proposed measure to combat domestic terrorism could be used to undermine civil liberties. Gabbard’s comments came during an appearance on Fox News Primetime when host Brian Kilmeade asked her if she was “surprised they’re pushing forward with this extra surveillance on would-be domestic terror.” “It’s so dangerous as you guys have been talking about, this is an issue that all Democrats, Republicans, independents, Libertarians should be extremely concerned about, especially because we don’t have to guess about where this goes or how this ends,” Gabbard said. She continued: “When you have people like former CIA Director John Brennan openly talking about how he’s spoken with or heard from appointees and nominees in the Biden administration who are already starting to look across our country for these types of movements similar to the insurgencies they’ve seen overseas, that in his words, he says make up this unholy alliance of religious extremists, racists, bigots, he lists a few others and at the end, even libertarians.” She said her concern lies in how officials will define the characteristics they are searching for in potential threats. “What characteristics are we looking for as we are building this profile of a potential extremist, what are we talking about? Religious extremists, are we talking about Christians, evangelical Christians, what is a religious extremist? Is it somebody who is pro-life? Where do you take this?” Gabbard said. She said the proposed legislation could create “a very dangerous undermining of our civil liberties, our freedoms in our Constitution, and a targeting of almost half of the country.” “You start looking at obviously, have to be a white person, obviously likely male, libertarians, anyone who loves freedom, liberty, maybe has an American flag outside their house, or people who, you know, attended a Trump rally,” Gabbard said. The Domestic Terrorism Prevention Act of 2021 was introduced in the House earlier this week in the aftermath of rioting at the U.S. Capitol earlier this month that left five dead. “Unlike after 9/11, the threat that reared its ugly head on January 6th is from domestic terror groups and extremists, often racially-motivated violent individuals,” Representative Brad Schneider (D., Ill.) said in a statement announcing the bipartisan legislation. “America must be vigilant to combat those radicalized to violence, and the Domestic Terrorism Prevention Act gives our government the tools to identify, monitor and thwart their illegal activities. Combatting the threat of domestic terrorism and white supremacy is not a Democratic or Republican issue, not left versus right or urban versus rural. Domestic Terrorism is an American issue, a serious threat the we can and must address together,” he said.

  • Michigan Mega Millions ticket wins $1.05 billion jackpot

    Someone in Michigan bought the winning ticket for the $1.05 billion Mega Millions jackpot, which is the third-largest lottery prize in U.S. history. The winning numbers for Friday night’s drawing were 4, 26, 42, 50 and 60, with a Mega Ball of 24. The winning ticket was purchased at a Kroger store in the Detroit suburb of Novi, the Michigan Lottery said.

  • Biden has stopped construction on Trump's border wall, but the fate of outstanding contracts is unclear

    Among the first 17 executive orders President Biden signed Wednesday evening was one hitting "pause" on construction of former President Donald Trump's border wall. "It shall be the policy of my administration that no more American taxpayer dollars be diverted to construct a border wall," Biden's order said. "I am also directing a careful review of all resources appropriated or redirected to construct a southern border wall."Biden gave the Pentagon and Homeland Security departments up to a week to stop all border construction, and for the most part, the frantic wall-building Trump had unleashed in his last months in office had stopped by Thursday, The Associated Press reports. The Army Corps of Engineers said Thursday it told its contractors to stop installing any additional barriers and do only what's "necessary to safely prepare each site for a suspension of work."Biden gave his administration 60 days to find and review all current contracts and determine which can be canceled, which must be renegotiated, and whether any of the remaining money can be used on other projects. Trump, as of Jan. 15, had spent $6.1 billion of the $10.8 billion in wall construction it had contracted out, a Senate Democratic aide told AP. Overall, the Trump administration had secured $16.45 billion for the wall, including $5.8 billion appropriated by Congress and the rest seized from the Treasury and Defense departments. Biden is targeting that latter pot of money.Trump says he built 450 miles of his wall, though almost all of that was replacement for other barriers. His administration signed contracts for constructing 664 miles, the Senate aide told AP. "Trump said the border wall would be 'virtually impenetrable' and paid for by Mexico, which never happened," AP notes. "While the wall is much more formidable than the barriers it replaced, it isn't uncommon for smugglers to guide people over or through it. Portions can be sawed with power tools sold at home improvement stores."More stories from theweek.com 7 brutally funny cartoons about Trump's White House exit McConnell is already moving to strangle the Biden presidency 'No way' McConnell has had a post-Trump 'epiphany,' political scientist says

  • The Bidens were reportedly left waiting outside the White House on Inauguration Day because Trump sent the staff home

    The Trumps sent the butlers home "so there would be no-one to help the Bidens when they arrived," a source told The National Journal.

  • Lucas Interior Embraces Color to Modernize Palm Springs Spanish Revival Home

    “The materials and colors took center stage,” said David Lucas when it came to the design of the home.Originally Appeared on Architectural Digest

  • Rioters who entered Capitol building may not be charged if they didn’t engage in violence, report says

    Federal officials do not want to crush court system with hundreds of cases

  • Mexican leader says Biden offers $4B for Central America

    President Joe Biden's first calls to foreign leaders went to Canadian Prime Minister Justin Trudeau and Mexican President Andrés Manuel López Obrador at a strained moment for the U.S. relationship with its North American neighbors. Mexico's president said Saturday that Biden told him the U.S. would send $4 billion to help development in Honduras, El Salvador and Guatemala — nations whose hardships have spawned tides of migration through Mexico toward the United States.

  • Ohio restaurant owner on how Biden’s $15 minimum wage impacts his business amid pandemic

    President of Adornetto’s Family of Restaurants, Adrian Adornetto, joins ‘Fox and Friends Weekend.’

  • Priest who attended pro-Trump rally ahead of Capitol insurrection is suspended from post and may be defrocked

    Reverend Mark Hodges described event as ‘joyful, positive and orderly’

  • Iran's Zarif open to oil, Gulf security contacts with U.S., not on Israel

    Iran may cooperate with the United States on oil and security in the Gulf, but not on Israel, the Iranian foreign minister said in remarks published on Saturday. Ties between Tehran and Washington worsened under the administration of former President Donald Trump, who in 2018 withdrew from Iran's 2015 nuclear deal with world powers and reimposed sanctions that have crippled its economy.

  • Kenosha killing suspect Rittenhouse's bond terms changed after bar visit

    Attorneys for Rittenhouse did not object to the changes. Rittenhouse is accused of killing two amid protests last year.

  • Brexit leader to head Mississippi public policy center

    A leader of the Brexit movement and newly appointed government trade adviser in the United Kingdom is now the head of a conservative think tank in the American South. Douglas Carswell, 49, started working this month as the new CEO and president of Mississippi Center for Public Policy. Carswell, a libertarian and former member of Britain’s governing Conservative Party, was a member of Parliament for 12 years and a co-founder of Vote Leave, the campaign that pushed the Brexit referendum in 2016.