Moderna stock plunges 20% after company lowers 2025 sales forecast by $1 billion

• Moderna’s stock tumbles to post-COVID lows after revenue outlook disappoints

  Moderna’s stock tumbles after a disappointing outlook for revenue and the need to accelerate its cost-cutting plan.
  
  MarketWatch - 6h

• Stock market plunges after better-than-expected December jobs report

  The Labor Department reported Friday that 265,000 jobs were added to the U.S. economy in December, which was roughly 100,000 more than expected. The unemployment rate also fell to 4.1%. CBS News ...
  
  CBS News - 2d

• L.A. wildfires to cost insurers more than $20 billion. Three companies are likely to foot most of the bill.

  Allstate, Chubb and Travelers are likely to be the publicly traded insurance carriers most affected, as they are the most exposed to the California homeowners’ market.
  
  MarketWatch - 3d

• Quantum stocks like Rigetti plunge after Nvidia's Huang says the computers are 15 to 30 years away

  Quantum computing stocks dropped Wednesday after Nvidia CEO Jensen Huang declared that useful quantum computers are likely decades in the future.
  
  CNBC - 5d

• Trump announces Dubai company will invest at least $20 billion in U.S. data centers

  DAMAC Properties is the latest foreign investor to announce plans for the U.S. since Donald Trump's victory.
  
  CBS News - 6d

• Bank of America’s stock could go up 20% in 2025, says this analyst

  UBS’s Erika Najarian upgrades Bank of America to buy from neutral
  
  MarketWatch - 6d

• Getty’s stock soars 42% after image company agrees to merge with Shutterstock in $3.7 billion deal

  The deal is expected to generate annual cost synergies of $150 million to $200 million by year three and to boost earnings and cash flow by year two.
  
  MarketWatch - 6d

• Brompton profits almost wiped out after lower UK and Europe sales

  British folding bike specialist cites economic headwinds and sector’s challenges as earnings drop below £5,000
  
  Financial Times - Jan. 2

More from CNBC

• There's a popular tech stock washout Monday as Palantir, Nvidia and Rigetti Computing drop

  Popular technology stocks tumbled Monday as bond yields rose, dragging down tech-heavy Nasdaq-100 futures.
  
  CNBC - 1h

• Retailers post early holiday results — and Wall Street isn’t impressed

  Lululemon, Abercrombie & Fitch and American Eagle all hiked their holiday guidance, but Abercrombie's growth is slowing.
  
  CNBC - 3h

• Instagram head Mosseri says app will prioritize original content, with potential TikTok ban days away

  Adam Mosseri, head of Meta's Instagram, said the app will focus on prioritizing original and creative content in its algorithmic rankings in 2025.
  
  CNBC - 28m

• Microsoft CEO Nadella forms new AI group to build and run apps for customers

  In a memo to employees on Monday, Microsoft CEO Satya Nadella said former Lacework CEO Jay Parikh will lead a new a group focused on AI tools.
  
  CNBC - 1h

• Biden's total student debt relief passes $183 billion, after he forgives another 150,000 borrowers

  In his final days in office, President Joe Biden announced that his administration would forgive student debt for more than 150,000 borrowers.
  
  CNBC - 2h

More in Business

• Small-cap stocks face heightened risk with rate cuts in question, warns BofA

  Investors continued dumping small-cap stocks Monday, amid a selloff that left the Russell 2000 index in correction territory at the end of last week.
  
  MarketWatch - 7m

• Small-cap stocks face heightened risk with rate cuts in question, warns BofA

  Investors continued dumping small-cap stocks Monday, amid a selloff that left the Russell 2000 index in correction territory at the end of last week.
  
  MarketWatch - 7m

• How NFL star A.J. Brown just sent a self-help book to No. 1 on Amazon

  While Tom Brady and author Jim Murphy were surprised to see Brown reading the book ‘Inner Excellence’ on the bench, the wide receiver said he brings it to every game.
  
  MarketWatch - 9m

• A juiced-up economy is good news, right? Not if inflation reignites. That’s the worry now.

  Fresh worries about rising prices are troubling Wall Street.
  
  MarketWatch - 20m

• MicroStrategy resumes bitcoin buying, but prices keep falling

  MicroStrategy resumes buying bitcoin after a short break, while prices keep pulling back.
  
  MarketWatch - 20m