Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Thursday’s key moments. It’s not too late to sell Quick mentions: QCOM, COST, HUM 1. It’s not too late to sell Stocks fell […]
Day: November 3, 2022
U.S. faces pandemic crossroads with Covid deaths still too high and new omicron variants emerging, Fauci says
White House chief medical advisor Dr. Anthony Fauci on Thursday said the U.S. is at a crossroads in the Covid-19 pandemic as new omicron subvariants are gaining ground across the country. Fauci, in a radio interview Thursday, said the pandemic has clearly eased since last […]
4 of our stocks are in the news. Here’s the Club’s take on each development
Four of our Club holdings — Costco Wholesale (COST), Amazon (AMZN), Humana (HUM) and Bausch Health (BHC) — were in the news Thursday. Here’s how we feel about the developments. Costco The news: Costco reported sales for the retail month of October after the closing bell […]
Moderna shares fall after Covid vaccine maker lowers 2022 sales outlook
Moderna on Thursday lowered its 2022 sales guidance for its Covid-19 vaccine after missing Wall Street expectations for the third quarter. Moderna cut its guidance to between $18 billion and $19 billion in revenue from its Covid vaccine this year, down from its previous expectation […]
Magic mushroom compound psilocybin can help treat depression, study finds
LONDON — The naturally occurring psychedelic compound psilocybin can significantly reduce symptoms of depression, according to data from the largest trial of its type ever conducted. Psilocybin was given to 233 patients who had already tried at least two antidepressants in the past with little […]