Story perspectives
Stocks Rise, Moderna Falls; TikTok Sale Rumors Heat Up
1/15/2025
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Story summary
- U.S. stock futures increased modestly as investors anticipate upcoming inflation data.
- Moderna's shares fell 17% after a $1 billion reduction in its 2025 revenue forecast.
- China is contemplating selling TikTok's U.S. operations to Elon Musk due to potential bans.
- KB Home's stock jumped nearly 10% following robust fourth-quarter results.
- Economists predict stable wholesale inflation in December, influencing Federal Reserve decisions.
