Merck’s struggles with HPV vaccine send stock to worst selloff in almost 17 years

• Merck shares plunge as company pauses Gardasil vaccine shipments in China, hurting 2025 outlook

  Merck's full-year 2025 revenue guidance fell short of what some analysts were expecting, at a range of $64.1 billion to $65.6 billion.
  
  CNBC - 51m
• 

  Kennedy Says He Will Give HPV Vaccine Lawsuit Proceeds to His Son

  Robert F. Kennedy Jr. also disclosed that he had reached at least one settlement agreement with a company or individual that has accused him of “misconduct or inappropriate behavior.”
  
  The New York Times - 3d

• Comcast’s broadband woes may fuel the stock’s worst day in 16 years. What’s next?

  Some analysts see brighter days ahead for the company, with its new Epic Universe theme park on the horizon.
  
  MarketWatch - 4d
• 

  Is the HPV Vaccine Safe? Yes, Despite What R.F.K. Jr. Has Said.

  During his second day of confirmation hearings, Robert F. Kennedy Jr. declined to disavow comments he had made disparaging the vaccine as unsafe.
  
  The New York Times - 4d
• 

  Tech billionaires lost almost $100bn in stock market selloff sparked by DeepSeek

  Nvidia saw $600bn of its market value disappear, while its CEO, Jensen Huang, saw his net worth drop by nearly $21bn. DeepSeek ’s cut-price challenge to US AI dominance, which wiped $600bn in ...
  
  The Guardian - Jan. 28
• 

  R.F.K. Jr. Would Keep Stake in HPV Vaccine Suit if Confirmed

  Robert F. Kennedy Jr., President Trump’s nominee to be health secretary, would have oversight power over the vaccine’s maker, Merck, if confirmed.
  
  The New York Times - Jan. 23

• From worst to first: Last year’s stock-market laggards see strong start to 2025

  The U.S. stock market has been turned on its head in the early days of January.
  
  MarketWatch - Jan. 14
• 

  WuXi Biologics to Sell Irish Vaccine Facility to Merck for $500 Million

  WuXi Biologics’ move to sell the facility could strengthen the company’s cash flow and margins as it navigates global uncertainties.
  
  The Wall Street Journal - Jan. 7

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• People have cut back on salty snacks, and PepsiCo misses on revenue again

  PepsiCo’s stock falls after revenue misses expectations for a third-straight quarter, amid “subdued” performance trends in North America.
  
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• Spotify swings to a profit as subscribers top estimates

  The streaming service reported a double-digit rise in monthly active users.
  
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• Should Comcast split into three? This analyst says a breakup would mean big upside.

  A Wolfe Research analyst argues Comcast’s conglomerate structure is holding back the stock.
  
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More in Business

• 10-, 30-year yields rise as China’s tariff retaliation adds to inflation concerns

  Yields on long-dated U.S. government debt inched higher Tuesday morning amid fears about the possible inflationary impact of a trade war between the U.S. and China.
  
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• Oil prices fall after U.S. imposes tariffs on China, Beijing retaliates

  Oil futures fell Tuesday as the U.S. implemented an additional 10% tariff on China imports and Beijing retaliated with measures of its own.
  
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• People have cut back on salty snacks, and PepsiCo misses on revenue again

  PepsiCo’s stock falls after revenue misses expectations for a third-straight quarter, amid “subdued” performance trends in North America.
  
  MarketWatch - 21m

• PayPal shares slip as growth slows in card processing

  PayPal reported better-than-expected fourth-quarter earnings and revenue in its quarterly report on Tuesday.
  
  CNBC - 21m

• Ferrari shares pop 8% as luxury carmaker sees further earnings growth in 2025

  Luxury carmaker Ferrari on Tuesday reported a significant upswing in full-year net profit, citing a strong product mix and growing demand for personalization.
  
  CNBC - 23m