Rachel Hemple

Market Update: Stocks Close Flat After S... Stocks closed flat on Friday after the S&P 500 briefly fell into a bear market, or 20% below its record high reached on January 3. The bench...

Market Update: S&P 500 Falls on Thursday... Stocks fell after a choppy session on Thursday, continuing the weeks-long sell-off that has brought the S&P 500 on the brink of a bear marke...

Market Update: Dow Falls 1,100 Points as... Stocks fell on Wednesday after staging a comeback on Tuesday as heavy selling returned to Wall Street as disappointing earnings reports from...

U.S. Summer Travel Season Expected to Bo... U.S. airline bookings fell 17% in April 2022, according to an Adobe report, signalling that air travel demand may be cooling as ticket price...

Market Update: Dow Rallies Over 400 Poin... Stocks rose Tuesday as Wall Street shook off more hawkish comments from Federal Reserve Chair Jerome Powell to rally higher. The Dow Jones I...

Instacart Confidentially Files for IPO,... The initial public offering (IPO) market issued another quiet week last week amid heightened volatility across equity markets. No IPOs are s...

Market Update: S&P 500 Falls as Wall Str... Stocks mostly lower on Monday, as Wall Street struggled to recover from its recent streak of losses amid concerns over slowing economic grow...

White House Licences Key COVID Treatment... The Biden administration has agreed to license several COVID health technologies to the World Health Organization (WHO) to allow global manu...

Market Update: Stocks Jump Higher, but W... Stocks jumped on Friday, as investors looked to shake off losses from earlier this week. The Dow Jones Industrial Average rose over 465 poin...

Pfizer to Acquire Migraine Drugmaker Bio... Pfizer (NYSE: PFE) announced Tuesday it will pay $11.6 billion to acquire Biohaven Pharmaceutical (NYSE: BHVN), marking the pharmaceutical g...

Market Update: Dow Falls for Sixth Strai... Stocks were mostly lower on Thursday as investors tried to calculate the Federal Reserve's next moves amid two more red-hot inflation report...

Market Update: Stocks Fall on Choppy Tra... Stocks fell after a choppy session on Wednesday, as investors digested the latest U.S. inflation data. The Dow Jones Industrial Average drop...

Novavax Posts First Profitable Quarter D... Novavax (NASDAQ: NVAX) on Monday reports its first profitable quarter, driven by its COVID vaccine's global roll-out. However, the shot has...

Market Update: Dow Falls for Fourth Day... Wall Street was met with a choppy trading session on Tuesday as market participants looked for direction following three days of heavy selli...

Bausch + Lomb Leads 4 IPO Week, Busier W... The initial public offering (IPO) market picked up activity last week, with four traditional companies raising over $765 million together in...

Market Update: S&P 500 Falls Below 4,000... Stocks fell sharply on Monday, pulling the S&P 500 down to a fresh 52-week low and extending last week's losses, as investors anticipate to...

Market Update: Stocks Close Out Volatile... Stocks fell Friday amid a volatile day of trading as investors digested a key labor market report with concerns over slowing economic growth...

Moderna COVID Vaccine Triples Sales in Q... Moderna (NASDAQ: MRNA) sold $5.9 billion of its COVID vaccines in the first quarter, topping both revenue and profit expectations as the com...

Market Update: Stocks Give Back Gains, D... Stocks plunged lower on Thursday, giving back gains from Wednesday's afternoon rally, as market participants weighed the Federal Reserve's l...

Pfizer COVID Antiviral Paxlovid Prescrip... Pfizer (NYSE: PFE) on Tuesday said prescriptions for its oral antiviral COVID-19 treatment increased nearly 10-fold in the United States sin...

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