Investing.com - Pfizer (NYSE: PFE) rose 3.4% in New York Biri premarket Wednesday after the UK regulator was the first to authorize the pharmaceutical giant's COVID-19 vaccine. The drug should be started next week.
Tesla (NASDAQ: TSLA) shares tumbled 2.7% after CNBC reported that the company's CEO Elon Musk sent an email to employees on Tuesday warning that the company would have to control costs or Tesla shares “would be immediately crushed like soufflé from a blow with a sledgehammer! "
Salesforce (NYSE: CRM) shares plummeted 5.8% after the cloud software company agreed to buy office messaging app Slack (NYSE: WORK) for $ 27.7 billion, with more than half of the amount coming in cash. and the rest is in the form of Salesforce stock.
Walt Disney (NYSE: DIS) shares gained 0.2% after investment bank Citi raised its target for conglomerate shares from $ 150 to $ 175, the highest on Wall Street, with a Buy rating.
Walmart (NYSE: WMT) shares fell 0.1% after the retail giant announced it would cut its minimum spending tier from $ 35 for Walmart + members, allowing goods to be received within 1-2 days to increase competition with the Amazon program (NASDAQ: AMZN) Prime.
Nvidia (NASDAQ: NVDA) shares lost 0.7% after Arm Holdings CEO Simon Segars said he expects regulators to "scrutinize" the $ 40 billion deal between the two companies.
Merck (NYSE: MRK) rose 0.2% after drugmaker said it sold its equity investment in vaccine developer Moderna (NASDAQ: MRNA), generating "substantial gains.".
Boeing (NYSE: BA) rose 0.1% on news that American Airlines (NASDAQ: AAL) is expected to fly the 737 MAX's first civilian passenger flight in nearly two years. News feeds also reported Ryanair (NASDAQ: RYAAY) is close to signing a new deal to buy the airliner..
Written by Peter Nurse
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