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J & J, Morgan Stanley, Coinbase: Week-Defining Stocks

Johnson & Johnson

The deployment of the Covid-19 vaccine by Johnson & Johnson ran into another problem. U.S. health officials recommended on Tuesday to suspend the use of J & J shots after discovering that six vaccinated women developed blood clots and one died. This development occurs after a recent deterioration in quality at manufacturers that affected the dose of about 15 million doses of the main component of the vaccine. J & J shares were added 0.3% on Wednesday.

Microsoft Corp.

Microsoft is expanding the execution of large-scale acquisitions. The technology giant has agreed to acquire the artificial intelligence company Nuance Communications Inc. The $ 16 billion full cash transaction is Microsoft’s second largest acquisition under CEO Satya Nadella after the company spent about $ 26 billion on its professional network LinkedIn in 2016. The pursuit of nuances could be distracted by rival Facebook Inc., Amazon.com Inc., and Alphabet Inc.’s Google investigating antitrust laws that could impede their ability to close deals. is. The acquisition is also the latest sign that Big Tech’s next battlefield is in healthcare. In the healthcare industry, the need to adopt data and software was emphasized by the pandemic. Microsoft shares rose 1% on Tuesday.

Coinbase Global Inc.

J & J, Morgan Stanley, Coinbase: Week-Defining Stocks

Source link J & J, Morgan Stanley, Coinbase: Week-Defining Stocks

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