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Pfizer expects to collect 100 billion USD in 2022

 Pfizer expects to collect 100 billion USD in 2022 Pfizer's revenue is forecast to grow strongly this year, with Covid-19 vaccines and drugs contributing more than half. The US pharmaceutical company said that soaring sales of Covid-19 drugs and vaccines will continue to push the company's revenue in 2022 to $ 100 billion. In which, sales of antiviral drug Paxlovid will reach about 22 billion USD, and vaccine will reach 32 billion USD. Last year, Paxlovid brought in $76 million, while the vaccine was $36.8 billion. Pfizer has made a number of recent acquisitions and partnerships to strengthen its ability to deliver drugs and vaccines. In December 2021, Pfizer said it would buy Arena Pharmaceuticals for $6.7 billion. The company has also invested $25 billion in business development since 2019. Pfizer headquarters in New York, USA. Photo: Bloomberg Pfizer headquarters in New York, USA. Photo: Bloomberg With growing cash on hand, Pfizer said its acquisition strategy will focus on ...
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World gold price increased for 3 consecutive sessions

 World gold price increased for 3 consecutive sessions A weak dollar and falling US bond yields sometimes pulled gold to $1,836 an ounce yesterday. Closing the session on February 9, each ounce of world gold for immediate delivery increased by 7.6 USD to 1,833 USD per ounce. During the session, gold price at one point touched $1,836. This morning, the price is still fluctuating around the $1,834 mark. Markets rallied on a weaker dollar and lower US Treasury yields. However, the precious metal is still stuck in a narrow range, as investors are hesitant to bet big on the US inflation report. World gold price has increased for 3 consecutive sessions. World gold price has increased for 3 consecutive sessions. "The dollar fell slightly, which seems to have supported gold. But overall the market is quite quiet to wait for the inflation report on February 10," said Daniel Pavillonis, senior market strategist at RJO Futures. . Yields on 10-year US government bonds yesterday also left...
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El Salvador was downgraded for accepting Bitcoin

 El Salvador was downgraded for accepting Bitcoin Fitch Ratings yesterday downgraded El Salvador's rating to discourage investment, citing risks from last year's legalization of Bitcoin. President Nayib Bukele's unprecedented policies, from firing the nation's top judges to using public funds to trade Bitcoin on personal phones, are increasing El Salvador's risks to the home country. investment and credit rating agencies. Fitch also said that "financial risks are increasing as El Salvador becomes increasingly dependent on short-term debt". Soon, they will have to repay the $800 million worth of bonds. The country's credit rating was therefore downgraded from B- to CCC. El Salvador President Nayib Bukele. Photo: Bloomberg El Salvador President Nayib Bukele. Photo: Bloomberg "Institutional weakness and concentration of power in the hands of the president is increasing policy uncertainty. The acceptance of Bitcoin as legal currency creates more uncer...
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How Wall Street's Youngest Female Teller Saves 85% of Her Income

 How Wall Street's Youngest Female Teller Saves 85% of Her Income Lauren Simmons pays rent for the year in advance, rides an electric car instead of a gas car, and exercises at home. At 22, Lauren Simmons became the youngest full-time female trader on Wall Street, and the second African-American female trader in the New York Stock Exchange's 229-year history. Currently, she is a 27-year-old entrepreneur and host of the Going Public series. Her goal is to impart what she's learned to help young people make smart financial decisions. On CNBC, she said: "One thing I've noticed is that in general, most people have very bad spending habits and struggle to save money. You know, it sounds hard to believe, but I always save up to 85% of my annual income. This is what I was taught from a young age. If I was given $50 a month for pocket money, I would only spend $7-8 that month." Simmons knows that "everyone has a situation". However, she still wants to share ...
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Earn $140 million a year from the idea of ​​a part-time job

 Earn $140 million a year from the idea of ​​a part-time job Tori Gerbig likes to surf the Internet to find trendy, cheap clothes, but can't find what she wants and decides to open a store selling this item on eBay. Tori Gerbig co-founded Pink Lily - an online women's fashion store. They are currently one of the fastest growing online retailers in the US. On CNBC, Gerbig shares his startup story and secrets to success. In 2011, when I wasn't working or spending time with my family, I shopped online. I was 24 years old then, and liked to surf the Internet to find clothes that were both trendy and cheap. But unfortunately there aren't many options out there. This led me to the idea of ​​selling more women's clothing on eBay, in addition to a full-time job in the insurance industry earning $25,000 at the time. At first, this was just a hobby for fun. I also did not expect that 10 years later, me and my husband - Cris will be spending full time with Pink Lily. Last year...
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The billion-dollar investment scam shocked Singapore

 The billion-dollar investment scam shocked Singapore When Covid-19 broke out in Singapore, rumors began to appear among the rich in this country about a fund manager paying profits up to 60% per year. Rumors then began to spread. More and more Singaporeans are pouring money to Ng Yu Zhi, a 34-year-old former accountant, to buy and sell nickel. This is the key metal in rechargeable batteries that Tesla's Elon Musk once asked suppliers to "please mine more". Not long after, Envy Group - Ng's fund - raised nearly 1.5 billion Singapore dollars ($1.1 billion) from hundreds of customers. He also pays quarterly interest, looks very successful, lives in a mansion in one of the most expensive areas in Asia, has a yacht and a fleet of supercars. Then suddenly, in February 2021, the Singapore police arrested Ng, accusing him of operating the largest fraud ring in the history of this island nation. According to police and accountants investigating Ng's books, the transaction...
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US stocks sold off, crude oil prices soar

 US stocks sold off, crude oil prices soar Concern about the possibility of Russia attacking Ukraine caused the DJIA to lose 1.4%, while the price of WTI oil increased by nearly 4% yesterday. Closing the session on February 11, the DJIA dropped more than 500 points, or 1.4%, when the administration of US President Joe Biden confirmed that it was ready to react if Russia attacked Ukraine. The S&P 500 and Nasdaq closed down 1.9% and 2.8%, respectively. "The Russia-Ukraine tensions have cast a shadow on investor sentiment lately," said John Lynch, chief investment officer at Comerica Wealth Management in a report. However, recent developments show that this desire is increasingly remote." This tension could drag the market into another correction - down 10% from the most recent peak, Lynch said, as "investors sell first and ask questions later". For the whole week, 3 main indexes of Wall Street all went down, ending 2 consecutive weeks of gains. "Investor...
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