Biden 'to announce US troops leaving Afghanistan by September 11'
Pfizer Suspends Covid-19 Vaccines Shipment To Israel Over Payment Issues: Report
US pharma giant Pfizer (PFE) has halted a shipment of 700,000 COVID-19 vaccines to Israel after the country reportedly failed to make payment.
According to the Jerusalem Post, a shipment of 700,000 doses of the Pfizer-BioNTech COVID vaccine was due to arrive in Israel last Sunday but was delayed indefinitely, pending payment.
The country has failed to pay for the last 2.5 million doses shipped there, according to reports.
Pfizer told the Jerusalem Post that the company has completed all deliveries to Israel under its initial agreement to provide its COVID-19 vaccine, signed in November 2020.
“The company is currently working with the Israeli government to update the agreement, to supply additional vaccines to the country. While this work continues, shipments may be adjusted,” the company said in a statement.
With the country currently in the midst of elections, Pfizer is concerned that the government-in-transition will not pay for the shipments.
Biden to withdraw all US forces from Afghanistan by 9/11: Defense official
A U.S. defense official confirmed to ABC News Tuesday that President Joe Biden will withdraw all U.S. forces from Afghanistan by Sept. 11, the 20th anniversary of the American involvement in the country’s longest war.
There are roughly 2,500 U.S. troops in Afghanistan now. American troop levels reached a high of 100,000 troops in August 2010 and stayed at that level for much of the next year.
The development was first reported by The Washington Post.
This is a developing story. Please check back for updates.
Queen shares new pictures of Prince Philip showing commitment to Commonwealth
Justin Long switches sides in new Mac vs PC commercials
New York (CNN Business)Apple is set to host its first product launch of the year where an updated iPad Pro and AirPods are expected.
The company sent out press invitations for a virtual event — with the tagline “Spring Loaded” — that will take place on Tuesday, April 20, at its Apple Park headquarters in Cupertino, California.
Ahead of the announcement, Siri revealed the date when users asked when the company will host its next big product launch.
Apple (AAPL)is expected to introduce a refresh to its iPad lineup: an updated iPad Pro with a super-bright LED display and a redesigned iPad mini with smaller bezels and a larger display, according to Bloomberg. The company is also reportedly readying its next-generation AirPods (AirPods 3), featuring a design more in line with its higher-end AirPods Pro, along with spatial audio support and touch controls.
Apple’s MacBook Pro and MacBook Air are also due for a refresh, but it’s unclear if they’ll get one as early as next week. Apple recently discontinued its iMac Pro line, once the most-powerful computer the company offered, and its original HomePod to focus more on the HomePod mini.
The company is also rumored to be working on smart glasses and an augmented reality/virtual reality headset, but it’s unlikely we’ll learn anything about any of those products this month.
In recent years, Apple has held spring launches for its Apple TV+ service and iPhone SE line.
University students can return to campuses from May 17
LVMH Q1 Revenues Up 32%
Luxury products maker LVMH Moet Hennessy Louis Vuitton (LVMHF.PK,LVMUY.PK) Tuesday reported first-quarter revenues of 13.96 billion euros, up 32 percent from 10.60 billion euros last year.
On an organic basis, revenues surged 30%.
The company said “the quarter marks a return to growth after several quarters of decline during 2020, a year that was severely disrupted by the global pandemic.”
All business groups, except selective retailing, reported revenue growth, with Wines & Spirits up 29%, Fashion & Leather Goods up 45%, Perfumes & Cosmetics up 12%, Watches & Jewelry surged 138%, while Selective Retailing tanked 11%.
Selective Retailing was impacted by the continued restrictions on international travel.
The United States and Asia enjoyed strong growth, while Europe is still affected by the crisis due to the impact of store closures across several countries and the suspension of tourism.
Palantir could be gearing up for a big push higher. Here's how options traders are playing it
Palantir is currently about 38% off of its highest levels of the year after a rough Monday that saw the stock fall by about 3%, but options traders are betting that the company may finally be gearing up for a turnaround.
Despite the recent pullback, the tech stock has performed well since going public on Sept. 30, 2020, gaining more than 150% to date. Now, speculation is growing among retail traders that it could be about to make a run back toward its highs.
"Palantir saw above-average call activity [Monday], about 90,000 contracts more than it trades on average, and the most action was seen in the 24-, 25- and 26-strike calls that expire this coming Friday. The 24-strike calls, for example, traded about 45,000 contracts. Those were trading for just under 70 cents," Optimize Advisors CIO Michael Khouw said Monday on CNBC's "Fast Money."
Those 24-strike calls break even at an underlying stock price of $24.70, or about 6% higher from where Palantir closed Monday's session. More bullish traders who took a chance on the 26-strike calls would need to see a jump of more than 12% by Friday's close to break even.
Palantir was more than 2% higher in Tuesday's session.