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☆ The crypto industry has spent millions this election. Here's what it hopes to get in return.
  + stars: | 2024-10-27 | by ( Katie Balevic | Kenneth Niemeyer | ) www.businessinsider.com   time to read: +6 min
The crypto industry has spent tens of millions on pro-crypto candidates this election cycle. Crypto companies, executives, and super PACs have spent huge sums this election cycle, outspending even perennial big spenders like the Koch family, according to Federal Election Commission filings. The crypto industry has outspent every other industry, injecting almost $120 million into federal races as of August, according to OpenSecrets, a nonprofit that tracks campaign spending. AdvertisementTrump, who once called crypto a scam, has more recently fueled hope that he'd be good for crypto entrepreneurs. Richardson said Exodus also donated $1.3 million to Stand With Crypto, an advocacy organization that focuses on voter registration and informing people about political candidates who support crypto.
Persons: Donald Trump, Kamala Harris, —, Koch, Faireshake, OpenSecrets, Fairshake, — Sen, Katie Porter, Jamaal Bowman, Cori Bush —, Democratic Sen, Sherrod Brown, Republican Bernie Moreno, Crypto, Moreno, JP Richardson, Trump, there's, Gary Gensler, Gensler, Richardson, Harris, Barry DiRaimondo, DiRaimondo, we're, Exodus Organizations: Service, Democratic, Republican, Industry, Business, Securities and Exchange Commission, Trump, SEC, Crypto, New York Stock Exchange Locations: Ohio, America, Nashville
☆ 14 earnings reports and major economic data will be the stock market movers this week
  + stars: | 2024-10-27 | by ( Zev Fima | ) www.cnbc.com   time to read: +15 min
The Street is looking for Stanley Black & Decker sales of $3.8 billion in the third quarter and earnings per share (EPS) of $1.05. The Street is looking for Linde sales of $8.35 billion in the third quarter and EPS of $3.89. In addition to the headline results and forward guidance, overall organic sales growth and data center energy power demand will be focus items for investors. The Street is looking for sales of $94.47 billion in its fiscal fourth quarter and EPS of $1.55. The Street is looking for Coterra sales of $1.3 billion in the third quarter and EPS of 34 cents.
Persons: That's, It's, Stanley Black, Decker, we're, We're, Eli Lilly, Lilly, Amy Hood's, Brian Niccol, Wednesday's, Linde, it's, we'll, Phillips, Horton, Kraft Heinz, SIRI, Estee Lauder, BUD, Cardinal Health, Jim Cramer's, Jim Cramer, Jim, Stephanie Keith Organizations: Nasdaq, Dow, Fed, PCE, YouTube, Justice, AMD, GE Healthcare, Reality Labs, Microsoft, Management, Starbucks, U.S, Presidential, Linde, Apple Intelligence, Amazon, Services, Coterra Energy, WM, Cadence Design Systems, Labor, PayPal, BP, Pfizer, Royal Caribbean Cruises, JetBlue, HSBC, Devices, Grill, Electronic Arts, EA, Gross, Caterpillar, Brinker International, AFortive Corporation, Illinois Tool, Coinbase, eBay, EBAY, Booking Holdings, MGM Resorts, MGM, Bausch Health, LIN, Merck, ConocoPhillips, Mastercard, Altria, Cruise, Myers Squibb, Comcast, Mobileye, Cheniere Energy, Regeneron Pharmaceuticals, Anheuser, Busch InBev, Intel, United States Steel, Juniper Networks, Chevron, Exxon Mobil, Dominion Energy, Charter Communications, LyondellBasell Industries, Cardinal, Jim Cramer's Charitable, CNBC, New York Stock Exchange, Getty Locations: Eaton, Corning, Illinois, Bristol, New York City
☆ CNBC Daily Open: In this time of uncertainty, markets seem to rely on logic
  + stars: | 2024-10-25 | by ( Yeo Boon Ping | ) www.cnbc.com   time to read: +3 min
This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Amazon and Apple report earnings on Thursday, Oct. 31. Tariffs of China's steel exports China's steel exports will hit 109 million tons this year , the highest level since 2016, estimate strategists at Macquarie Capital. However, countries around the world are implementing tariffs on Chinese steel, which analysts predict will lower the country's steel exports starting 2025.
Persons: John Maynard Keynes, Tesla, Dow, Andy Sieg, –, —, Sarah Min, Pia Singh, Lisa Kailai Han Organizations: New York Stock Exchange, CNBC, Apple, Itau, Macquarie Capital, Wall, Nasdaq, Dow, Boeing, IBM, U.S Locations: New York City, U.S, Latin America, China
☆ New York Stock Exchange to extend after-hours trading
  + stars: | 2024-10-25 | by ( Alex Harring | ) www.cnbc.com   time to read: +2 min
The facade of The New York Stock Exchange is being seen in the Financial District in New York City, on November 18, 2023. The New York Stock Exchange on Friday announced plans to extend trading on its all-electronic exchange to 22 hours a day. Normal trading hours are 9:30 a.m. to 4:00 p.m.NYSE Arca is known as a top platform to buy and sell exchange-traded funds and more than 8,000 U.S.-listed securities. All U.S.-listed stocks, ETFs and closed-end funds will be open to trade during the 22 hours on the electronic exchange, Intercontinental Exchange said. The NYSE plans to file updated rules for extended trading with the Securities and Exchange Commission.
Persons: Robinhood, Kevin Tyrrell Organizations: New York Stock Exchange, Financial, The New York Stock Exchange, NYSE, Intercontinental Exchange, NYSE Arca, Securities and Exchange Commission, Depository Trust, Clearing Corp Locations: New York City, U.S
☆ Opening Bell: October 25, 2024
  + stars: | 2024-10-25 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOpening Bell: October 25, 2024Watch the opening bell for the New York Stock Exchange and the Nasdaq from October 25, 2024
Organizations: New York Stock Exchange, Nasdaq
☆ CNBC Daily Open: Treasury yields are making a return, like an uninvited ex
  + stars: | 2024-10-24 | by ( Yeo Boon Ping | ) www.cnbc.com   time to read: +2 min
Brendan McDermid | ReutersThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. What you need to know todayThe bottom lineLike an unwelcome ex-partner who shows up during the most inopportune times and refuses to leave, Treasury yields too have made a return and are hogging the market limelight. It's not inconceivable, then, that the strong economy might prompt the Fed to slow down, or even hold back, its rate cuts. The stock market slumped as yields rebounded.
Persons: Brendan McDermid, Brent Schutte, Paul Hickey, Hickey, Wells, they'll, —, Jeff Cox, Lisa Kailai Han, Pia Singh, Brian Evans Organizations: New York Stock Exchange, Reuters, CNBC, U.S . Federal Reserve, Fed, Northwestern Mutual Wealth Management, Dow Jones Industrial, Nasdaq Locations: TY, New York City, U.S
☆ TKO Group to acquire IMG, Professional Bull Riders and On Location from Endeavor for $3.25 billion
  + stars: | 2024-10-24 | by ( Alex Sherman | In Alex-Sherman | ) www.cnbc.com   time to read: +2 min
TKO Group , the company that owns WWE and UFC, is expanding into sports-adjacent properties by acquiring three businesses for $3.25 billion from its controlling owner, Endeavor Group . The businesses are Professional Bull Riders, On Location, and IMG, the companies announced Thursday. The deal is all stock, and Endeavor's ownership in TKO will increase from 53% to 59%. While the company does acquire a new league in PBR, the world's largest bull riding league, it also is expanding into luxury hospitality with On Location and media rights consultancy through IMG. "At TKO, we're primarily interested in league ownership if that exists and businesses that can power our current sports ecosystem.
Persons: Ari Emanuel, Dwayne, Johnson, Mark Shapiro, we're, Silver Lake, Shapiro, Sean Gleason, TKO Organizations: CNBC, New York Stock Exchange, WWE, UFC, Endeavor Group, Professional Bull Riders, IMG, Endeavor, Silver Lake, Silver, PBR, Ryder, FIFA, NFL, English Premier League, National Hockey League, Major League Soccer Locations: New York City, U.S
☆ What to do with Honeywell stock after its sharp post-earnings pullback
  + stars: | 2024-10-24 | by ( Jim Cramer | ) www.cnbc.com   time to read: +7 min
Dow stock Honeywell was one of the biggest drags on the 30-stock average Thursday after Club industrial giant reported mixed third-quarter results compounded by a mixed outlook. HON YTD mountain Honeywell YTD Honeywell shares sinking 4.5% after the release was understandable but represents an opportunity. Honeywell Why we own it: Honeywell is a provider of industrial technology solutions to companies in various industries. Sales were revised lower because the short cycle recovery in the company's industrial automation segment is not materializing as quickly as management was expecting. Honeywell International Inc. signage is displayed on a monitor on the floor of the New York Stock Exchange (NYSE) in New York.
Persons: we're, Vimal Kapur, Kapur, Kupar, Jim Cramer's, Jim Cramer, Jim, Michael Nagle Organizations: Dow, Honeywell, Emerson, CAES Systems, Air Products, Aerospace Technologies, CNBC, Honeywell International Inc, New York Stock Exchange, Bloomberg, Getty Locations: New York
☆ Opening Bell: October 24, 2024
  + stars: | 2024-10-24 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOpening Bell: October 24, 2024Watch the opening bell for the New York Stock Exchange and the Nasdaq from October 24, 2024.
Organizations: New York Stock Exchange, Nasdaq
☆ Stock futures are little changed after S&P 500 snaps 3-day losing streak: Live updates
  + stars: | 2024-10-24 | by ( Alex Harring | ) www.cnbc.com   time to read: +2 min
S&P 500 futures are muted Thursday night after the broad index ended a three-day negative streak. Futures tied to the broad index added less than 0.1%, as did Nasdaq 100 futures . The Nasdaq Composite joined the S&P 500 in finishing the session in the green, with both lifted by Tesla' s post-earnings rally. A slide in Treasury yields also gave the S&P 500 and Nasdaq upward momentum, according to Megan Horneman, chief investment officer at Verdence. The Dow has fared the worst with a drop of more than 2% as of Thursday's close, while the S&P 500 and Nasdaq have shed 0.9% and 0.4%, respectively.
Persons: Dexcom, Tesla, Elon, Megan Horneman, Horneman, Dow, They'll Organizations: New York Stock Exchange, Dow Jones Industrial, Nasdaq, Treasury, IBM, Boeing, Colgate, Palmolive, AutoNation, Newell Brands, University of
☆ 10-year Treasury yields fall after crossing 4.25% in previous session
  + stars: | 2024-10-24 | by ( Karen Gilchrist | ) www.cnbc.com   time to read: 1 min
A trader works during the closing bell at the New York Stock Exchange (NYSE) on March 17, 2020 at Wall Street in New York City. The yield on the 10-year Treasury fell on Thursday, reversing gains after topping the 4.25% threshold in the previous session as traders continue to digest the trajectory of interest rate cuts. The 10-year Treasury yield slid more than 4 basis points to 4.1958%, while the 2-year Treasury fell over 3 basis points to 4.0466%. Yields move inversely to prices. One basis point equals 0.01%.
Organizations: New York Stock Exchange, Wall, Treasury Locations: New York City
☆ CNBC Sport: Adam Silver speaks exclusively, and TKO makes a big bet
  + stars: | 2024-10-24 | by ( Alex Sherman | In Alex-Sherman | ) www.cnbc.com   time to read: +21 min
☆ TSMC denies U.S. is probing the company after report suggests blacklisted Huawei is using its chips
  + stars: | 2024-10-23 | by ( Dylan Butts | ) www.cnbc.com   time to read: +2 min
Taiwan Semiconductor Manufacturing Company has denied that the U.S. was investigating its dealings with Chinese tech company Huawei, following reports that its chips were found in the Shenzhen-based firm's products. Tech-focused publication The Information had reported last week that the Commerce Department was probing whether TSMC had been making AI or smartphone chips for Huawei, in violation of U.S. export rules. We are not aware of TSMC being the subject of any investigation at this time," the TSMC spokesperson added. TSMC, which is the world's largest contract chip manufacturer, said that it has not supplied chips to Huawei since mid-September 2020. Citing anonymous sources, the report claimed the discovery was made after tech research firm TechInsights took apart a Huawei product and found a TSMC chip as part of its multi-chip system.
Persons: TSMC, TechInsights, TSMC's Organizations: Taiwan Semiconductor Manufacturing, New York Stock Exchange, Taiwan Semiconductor Manufacturing Company, Huawei, CNBC, Wednesday . Tech, Commerce Department, U.S . Commerce Department, Reuters, . Locations: U.S, Shenzhen
☆ CNBC Daily Open: Concerns over high interest rates return, pressuring stocks
  + stars: | 2024-10-22 | by ( Yeo Boon Ping | ) www.cnbc.com   time to read: +2 min
This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. The team pointed to high valuations and concentration in today's stock market as reasons for their forecast. [PRO] Ranking the Magnificent SevenThe Magnificent Seven bag of stocks — Alphabet , Amazon , Apple , Meta , Microsoft , Nvidia and Tesla — is responsible for most of the S&P 500's rally this year. Not so, according to a tech investor who owns all seven stocks.
Persons: Europe's, Goldman, Goldman Sachs, David Kostin, Bob Iger, Iger, Bob Chapek Organizations: New York Stock Exchange, CNBC, Nasdaq, Dow Jones, Treasury, Autonomous, Microsoft, Disney, Apple, Meta, Nvidia, Tesla
☆ Here's why Goldman Sachs' gloomy 10-year stock market forecast is no reason panic
  + stars: | 2024-10-22 | by ( Zev Fima | ) www.cnbc.com   time to read: +9 min
The first line of the note reads: "We estimate the S & P 500 will deliver an annualized nominal total return of 3% during the next 10 years." For starters, nobody knows what the coming decade has in store for the S & P 500. Valuation: Yes, the S & P 500 is currently trading at a historically high multiple. Going out on a limb and making market calls or calls about individual stocks is not for the faint of heart. The S & P 500 has more than doubled since then, advancing about 135%, which amounts to that roughly 13% annual return that Kostin mentioned in his note.
Persons: David Kostin, Kostin, Goldman, it's, Jim Cramer, Stanley Black, Decker, That's, Jim, It's, Goldman Sachs, we're, Jim Cramer's, Brendan McDermid Organizations: Goldman, Goldman Sachs Chief U.S, Equity, Treasury, Nvidia, Federal Reserve, U.S, Jim Cramer's Charitable, CNBC, New York Stock Exchange Locations: Goldman Sachs, U.S, Wells
☆ Opening Bell: October 21, 2024
  + stars: | 2024-10-21 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOpening Bell: October 21, 2024Watch the opening bell for the New York Stock Exchange and the Nasdaq from October 21, 2024.
Organizations: New York Stock Exchange, Nasdaq
☆ Stock futures are little changed as earnings season gains steam: Live updates
  + stars: | 2024-10-21 | by ( Samantha Subin | ) www.cnbc.com   time to read: +2 min
Stock futures were flat in overnight trading after the Dow Jones Industrial Average snapped a three-day winning streak. The S&P 500 declined about 0.2%, while the Nasdaq Composite added close to 0.3%. Investor attention remains fixated on third-quarter earnings season, with about one-fifth of the S&P 500 slated to report results this week. "It is good to see analysts getting realistic about 2025 earnings growth," she said. "However, at 15% earnings growth, we believe it is still too optimistic given the expectation for slower economic growth in 2025."
Persons: Dow, Zions, Megan Horneman, Lockheed Martin Organizations: New York Stock Exchange, Stock, Dow Jones, Dow, Nasdaq, SAP, America, Verdence Capital Advisors, Lockheed, General Motors, Verizon, Tesla, IBM, Boeing
☆ Kenvue shares surge after activist Starboard takes stake
  + stars: | 2024-10-21 | by ( Rohan Goswami Annika Kim Constantino | Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com   time to read: +2 min
Kenvue CEO Thibaut Mongon at the New York Stock Exchange for its initial public offering, May 4, 2023. Activist investor Starboard Value has a large stake in Kenvue , which spun out of Johnson & Johnson in mid-2023, according to people familiar with the matter. Starboard's push at Kenvue comes just two weeks after news broke it had amassed a roughly $1 billion stake in struggling pharmaceutical company Pfizer. Johnson & Johnson completed its separation from Kenvue in August last year, though the pharmaceutical giant still holds a stake in the new company. Kenvue started trading on the New York Stock Exchange in May 2023, ending its first day of trading with a share price of about $27.
Persons: Thibaut Mongon, Johnson, Starboard's Jeff Smith, J's, Haleon, Kenvue Organizations: New York Stock Exchange, CNBC, Wall Street, Pfizer, Johnson, J, Procter Locations: Kenvue
☆ Wall Street analysts get it wrong on two of our portfolio industrial stocks
  + stars: | 2024-10-21 | by ( Morgan Chittum | ) www.cnbc.com   time to read: +4 min
New research from Wall Street analysts missed the mark on two of our industrial-focused stocks. The news on Stanley Black & Decker Baird increased Stanley Black & Decker's price target to $104 per share from $94. Baird reiterated its hold-equivalent rating on shares, arguing Stanley Black & Decker's "turnaround progress remains a key focus." SWK YTD mountain Stanley Black & Decker YTD Big picture Stocks tied to housing like Stanley Black & Decker have been under pressure lately because the 10-year Treasury yield keeps rising despite the Federal Reserve's jumbo 50-basis-point interest rate cut last month and signals of further easing into year-end and beyond. Stanley Black & Decker "will be ignited when those [rate cuts] start occurring in earnest," he said.
Persons: Stanley Black, Decker Baird, That's, Baird, Decker, Stocks, Stanley, Jim Cramer, DuPont Morgan Stanley, Morgan Stanley, Jim, Jim Cramer's, Michael M Organizations: Wall Street, Federal, DuPont, de Nemours, Barclays, CNBC, Traders, New York Stock Exchange, Santiago, Getty Locations: New York City
☆ 10 analysts just hiked their price targets on these 3 stocks — including a Big Tech AI firm
  + stars: | 2024-10-21 | by ( Ganesh Rao | ) www.cnbc.com   time to read: +3 min
A slew of Wall Street analysts last week turned even more bullish on three stocks ahead of their quarterly earnings reports. CNBC Pro screened for stocks in the MSCI World Index that have received share price target upgrades from Wall Street analysts over the past seven days. Despite raising their price target, Phillip Capital analysts have a "neutral" rating on the stock. The median price target of 17 analysts points to 18% upside potential. The company's share price is correlated to the price of gold , and also copper to a lesser degree.
Persons: Barrick, Jeffrey Wlodarczak, Wlodarczak, Zuckerberg, Helena Wang Organizations: Street, Ltd, Barrick Gold, CNBC Pro, Wall Street, Facebook, Research, Limited, New York Stock Exchange, Phillip Capital Locations: U.S, Singapore, SeaMoney, Canada
☆ Stock futures inch higher after S&P 500's best weekly win streak of 2024: Live updates
  + stars: | 2024-10-20 | by ( Sarah Min | ) www.cnbc.com   time to read: +1 min
NEW YORK, NEW YORK - OCTOBER 16: Traders and others work on the New York Stock Exchange (NYSE) floor in New York City. U.S. stock futures ticked higher Sunday night after the Dow Jones Industrial Average and S&P 500 notched their best weekly win streaks of 2024. S&P 500 futures and Nasdaq 100 futures climbed 0.13% and 0.16%, respectively. Roughly one-fifth of S&P 500 companies are set to report through Friday. Of the 14% of S&P 500 companies that have already posted third-quarter results, 79% have beaten expectations, according to FactSet's John Butters.
Persons: FactSet's John Butters, Sam Stovall Organizations: NEW, Traders, New York Stock Exchange, Dow Jones Industrial, Nasdaq, Dow, U.S, CFRA Research Locations: New York City . U.S
☆ Here are the 5 things that could move the stock market in the week ahead
  + stars: | 2024-10-20 | by ( Zev Fima | ) www.cnbc.com   time to read: +10 min
Earnings drove the stock market higher — can they do it again in the week ahead? But he acknowledged that timing is key because our portfolio discipline mandates that we consider lightening up our stock exposure in an overbought market. In fact, AMD was our worst-performing stock for the entire week, losing more than 7% following the prior week's 1.8% slide. Energy was the worst sector of the week for the market as oil prices sank. In the week ahead, housing numbers are the main draw on the economic front.
Persons: Jim Cramer, ASML, Morgan Stanley, WTI, industrials, We're, Sartorius, Danaher, we're, Stanley Black, Lockheed Martin, Philip Morris, Clark, Baker Hughes, Lam, DOV, CARR, Davidson, Northrop, Edwards Lifesciences, Jim Cramer's, Jim, Stocks, Tuesday's, Spencer Platt Organizations: Dow, Nasdaq, Netflix, Modelo, Corona, Constellation Brands, Taiwan Semiconductor Manufacturing Company, Nvidia, AMD, Broadcom, Club, Abbott Laboratories, Energy, Texas, Honeywell, Danaher, Federal Reserve, Treasury, SAP, Logitech, Verizon, General Motors, GE Aerospace, GE, Lockheed, Quest Diagnostics, Norfolk Southern, Polaris, Seagate Technology, Texas Instruments, Canadian National Railway Company, Boeing, GE Vernova, Fisher, Boston, General Dynamics, Hilton, Lam Research, Business Machines, IBM, Newmont, Viking Therapeutics, Vista Energy, Mattel, O'Reilly Automotive, Whirlpool, American Airlines, United Parcel Service, Southwest Airlines, Tractor Supply Company, Carrier Global, Dow Chemical, DOW, Harley, Union Pacific, Valero Energy, Hasbro, Northrop Grumman, Ryder, Boyd Gaming, Western, Boston Beer Company, York Community Bancorp, Colgate, Palmolive, Newell Brands, Jim Cramer's Charitable, CNBC, NEW, Traders, New York Stock Exchange, Getty Locations: BlackRock, CrowdStrike, U.S, Dover, Freeport, McMoRan, Kimberly, Norfolk, Las, ORLY, VALE, New York City
☆ CNBC Daily Open: The Dow hits another high amid a mostly flat market
  + stars: | 2024-10-18 | by ( Yeo Boon Ping | ) www.cnbc.com   time to read: +2 min
NEW YORK, NEW YORK - OCTOBER 16: Traders and others work on the New York Stock Exchange (NYSE) floor in New York City. This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. That's higher than both the 0.1% gain in August and the 0.3% Dow Jones forecast, according to the advance report. Meanwhile, Taiwan Semiconductor Manufacturing Co's reported its third-quarter net revenue jumped 36% year on year, and revised its fourth-quarter revenue upward.
Persons: it's, Dow, Christine Lagarde's, Dow Jones Organizations: NEW, Traders, New York Stock Exchange, CNBC, European Central Bank, Dow Jones, Nasdaq, Dow, Taiwan Semiconductor Manufacturing, U.S . Federal Reserve Locations: New York City, U.S
☆ Opening Bell: October 18, 2024
  + stars: | 2024-10-18 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOpening Bell: October 18, 2024Watch the opening bell for the New York Stock Exchange and the Nasdaq from October 18, 2024.
Organizations: New York Stock Exchange, Nasdaq
☆ Merck says experimental RSV treatment protected infants in trial, paving way for potential approval
  + stars: | 2024-10-17 | by ( Annika Kim Constantino | ) www.cnbc.com   time to read: +3 min
Merck plans to discuss the study data with regulators worldwide, with a goal of making the treatment available for infants as early as the 2025 to 2026 RSV season, according to a release. The trial examined the safety and efficacy of a single dose of the treatment, clesrovimab, in healthy preterm and full-term infants entering their first RSV season. Results were consistent through both the five-month and six-month time points in the trial, Merck said. Merck's clesrovimab could potentially compete against a similar treatment from Sanofi and AstraZeneca called Beyfortus, which was in short supply nationwide last RSV season due to unprecedented demand. But Merck's treatment can be administered to infants regardless of their weight, which the company said may offer convenience in terms of dosing.
Persons: Merck, Clesrovimab, Dr, Octavio Ramilo, Ramilo, Merck's Organizations: Merck, New York Stock Exchange, Infectious, Research, Sanofi, AstraZeneca, Pfizer, GSK Locations: Los Angeles, St
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