Pfizer [NYSE: PFE], BioNTech [NASDAQ: BNTX] Soars After Receiving Fast Track Designation From FDA

Pfizer, Inc. [NYSE: PFE] and BioNTech SE [NASDAQ: BNTX] has got a ‘Fast Track’ designation from US Food and Drug Administration (FDA) for their two COVID-19 vaccine candidate, the companies announced today. Both companies continuously striving to develop a coronavirus vaccine. The BNT162b1 and BNT162b2 are two highly developed vaccine candidates in the BNT162 program …

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Alibaba’s [NYSE: BABA] Jack Ma Dump $9.6 Billion Worth Of Stakes In Company

Alibaba Group Holding Limited [NYSE: BABA] co-founder Jack Ma has reduced the shares in the e-commerce giant. Over the past year, Jack Ma has cut its investment to 4.8% from 6.4% and the company’s annual filing disclosed that he has dumped $9.6 billion worth of shares in the firm. The divesture comes after he left …

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DnB Acquire AT&T [NYSE: T], Gilead [NASDAQ: GILD], And Apple [NASDAQ: AAPL] Stocks. Here’s What It Dump

Norway’s biggest bank by assets, DnB has involved in major transactions as it has raised its investment in biggest firm. It has bought more stocks of AT&T [NYSE: T], Gilead Siences, Inc. [NASDAQ: GILD], and Apple, Inc. [NASDAQ: AAPL]. It has also decreased its investment in Cisco Systems ,Inc. [NASDAQ: CSCO]. DnB bought additional 24,713 …

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Tesla Inc. [NASDAQ: TSLA] Decides To Cut Model Y SUV Price Amid Pandemic

Tesla Inc. [NASDAQ: TSLA], a California-based electric car maker has reduced the price of its Model Y SUV just four months after its launch. According to Tesla’s website, the starting price is now $49,990 as compared to the begining price of $52,990. The decision of US electric car makers comes after pandemic weighs on the …

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Alaska Dump Advanced Micro Devices [NASDAQ: AMD] Stocks. Here’s What It Bought

Alaska department of revenue has increased its holdings in Intel Corp. [NASDAQ: INTC], Berkshire Hathaway [NYSE: BRK-B], and Bank of America Corp.[NYSE: BAC] in the second quarter. Not only it increased its investments in major stocks but also dumped the shares of Advanced Micro Devices Inc. [NASDAQ: AMD]. Department of Revenue has disclosed the trade …

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Microsft’s [NASDAQ: MSFT] LinkedIn Faces Lawsuit For Secretly Reading Apple Users’ Clipboard Content

Microsoft Corp.’s [NASDAQ: MSFT] LinkedIn was sued by New-York based iPhone users for secretly reading and removing users’ sensitive content from Apple Inc. (NASDAQ: AAPL) Universal Clipboard application. The lawsuit was filed in Sans Fransico federal court by Adam Bauer. He said that he daily used the LinkedIn app on his iPhone and iPad. The …

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BioNTech [NASDAQ: BNTX] Expects To File For Regulatory Approval By The End Of 2020

BioNTech SE [NASDAQ: BNTX] disclosed Thursday that it is confident to begin the mass production of vaccine before acquiring the regulatory approval. CEO of BioNtech said that it will be ready to get regulatory approval by the end of the year. BioNtech CEO and co-founder Dr. Ugur Sahin disclosed that the firm will produce over …

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Tesla Inc. [NASDAQ: TSLA] ‘Very Close’ To Level 5 Autonomous Driving Technology, Musk Reveals

Tesla Inc. [NASDAQ: TSLA] CEO Elon Musk has attended the world Artificial Intelligence conference in Shanghai. When he was asked about the level 5 autonomy and when will it Tesla reach full level five autonomy. Musk responded that Tesla is ‘very close’ to level 5 autonomous driving technology. He said in a pre-recorded video played …

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Gilead Sciences [NASDAQ: GILD] To Start Testing Of Inhalable Version Of Remdesivir For COVID-19

Gilead Sciences, Inc. [NASDAQ: GILD] has started the human testing of the inhaled version of coronavirus drug remdesivir. The company aimed to make the treatment possible which not involve hospitalization. FDA has given an emergency authorization to Gilead Sciences, Inc. for the use of investigational drug remdesivir for the treatment of COVID-19 in May. According …

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Amazon Inc. [NASDAQ: AMZN] Invest $308 Million In Amazon Seller Services

Amazon. com, Inc [NASDAQ: AMZN] announced it has invested $308 million (23.10 billion rupees) in its Indian unit, Amazon Seller Services. Amazon aimed to strengthen the business of Amazon Seller in the time of pandemic when people preferred to shop online. Due to the coronavirus pandemic, the company’s India unit saw a surge in online …

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