Author: Vitaliy Dadalyan

People from John Kerry to Matt Drudge are now asking if Donald Trump is actually a billionaire

According to Forbes, Donald Trump is currently the 1056th richest person in the world, with a net worth of $2.5 billion. But this week’s blockbuster story from The New York Times reported that the president has paid no income taxes in 10 of the previous 15 years in part because he reported losing more money than he made and is “personally responsible for loans and other debts totaling $421 million.” This new information, which Trump has denied though not formally refuted by releasing his tax returns, has led some to ask if the president actually is a billionaire....

Lonza confident of 2020 target for Moderna COVID-19 vaccine supply

Lonza is confident that U.S. and Swiss plants it is building to help make Moderna's COVID-19 vaccine candidate will be ready for commercial production this year, executives at the Swiss company said on Tuesday. New production lines at Lonza's site in Portsmouth, New Hampshire, aim to start making vaccine ingredients in November, while three lines in Visp, deep in a valley in the Swiss Alps - to supply 300 million vaccine doses annually - should begin delivering by December....

Nio Analyst Expects Blockbuster Q3, Q4 Deliveries As Premium Reputation Grows

Nio Inc - ADR (NYSE: NIO) shares have broken above the $20 level again following positive sell-side commentary Tuesday on the electric vehicle manufacturer. The Nio Analyst: Deutsche Bank Securities analyst Edison Yu reiterated a Buy rating on Nio with a $24 price target. The Nio Takeaways: Compelling evidence exists that consumers are increasingly perceiving Nio as a "high-quality premium brand" with best-in-class technology and service, Yu said in a Tuesday note.Nio's average customer referral rate increased from 52% in 2019 to 62% in the first half of 2020, the analyst said. Recent studies have shown that Nio's favorability among customers is higher than both BMW and Mercedes-Benz, he said -- and that the Chinese EV maker is one of the most reliable battery EVs across all segments based on the number of problems, even ahead of Tesla Inc (NASDAQ: TSLA). Yu said he expects Nio to officially unveil its all-electric...