[The livestream started at 8:15 a.m. ET. Please refresh the page if you do not see the video player above.]Boeing aims to launch its first Starliner flight with astronauts on board on Saturday, in a long-delayed final test of the spacecraft.The launch is scheduled for 12:25 p.m. EDT from Cape…

Fortinet Stock Fell Into A Bear Market Fortinet, Inc. (NASDAQ:FTNT) investors have witnessed another steep pullback in FTNT stock after its buying momentum stalled in April 2024. As a result, we revisited lows last seen in January 2024, as FTNT underperformed the S&P 500 (SPX) (SPY) YTD. Recent selloffs in…

The Food and Drug Administration on Friday approved Moderna’s vaccine for respiratory syncytial virus for adults ages 60 and above, the company’s second-ever product to enter the U.S. market. The decision is a win for Moderna, which desperately needs another revenue source amid plunging demand for its Covid jab, its only…

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 Friday’s key moments. The S & P 500 and Nasdaq Composite declined Friday as Wall Street parses through a slew of fresh economic data. The personal consumption expenditures…

A pessimistic earnings season for tech stocks continues in full force, and the latest victim is MongoDB (NASDAQ:MDB). The non-relational database software company suffered one of its largest one-day declines on record after releasing Q1 results and lowering its full-year outlook. Blaming a soft macro environment for a slower-than-expected pace…

NEW YORK — New York Federal Reserve President John Williams on Thursday said inflation is still too high but he is confident it will start decelerating later this year.With markets on edge over the direction of monetary policy, Williams offered no clear signs on where he is leaning as far…

Signed sales contracts on existing homes dropped 7.7% in April compared to March, the slowest pace since April 2020, according to the National Association of Realtors.These so-called pending sales are a forward-looking indicator of closed sales one to two months later. Pending sales were 7.4% lower than in April of…

AbbVie Stock Fell Into A Correction AbbVie Inc. (NYSE:ABBV) is a leading biopharma company navigating the biosimilar erosion of its highly successful immunology drug, Humira. Despite that, AbbVie posted a pretty solid earnings scorecard in April 2024. In addition, AbbVie also raised guidance at its Q1 earnings release. Accordingly, AbbVie’s…

Nissan has warned owners of older vehicles with recalled, unrepaired Takata airbags to stop driving them, the National Highway Traffic Safety Administration announced Wednesday.The Japanese carmaker’s “Do Not Drive” alert applies to 83,920 certain model year 2002-2006 Nissan Sentra, 2002-2004 Nissan Pathfinder and 2002-2003 Infiniti QX4 vehicles that may have…

Former OpenAI board member Helen Toner, who helped oust CEO Sam Altman in November, broke her silence this week when she spoke on a podcast about events inside the company leading up to Altman’s firing. One example she shared: When OpenAI released ChatGPT in November 2022, the board was not…