Diamonds and Dogs


Pfizer (PFE) and BioNTech (BNTX) are lifting the markets. The two drug companies are up 5% and 14% respectively as their combined COVID-19 vaccine candidates have received Fast Track designation from the U.S. Food and Drug Administration (FDA).

Analog Devices (ADI) makes a big acquisition. Analog is down 3% after acquiring rival Maxim Integrated Products for $20.9 billion in stock, heralding what may develop into a new round of consolidation in the $400 billion semiconductor industry. Analog will acquire 10,000 engineers. Maxim is trading up 10%.

Diamonds and Dogs market commentary is a journal of daily observations on anything that happens to be of interest to our author. Obviously, our primary focus is the stock market and world economic events, but for this page we have no defined topics. We want this page to be dedicated to the interests, concerns, and possibly to the financial gain of our clients and friends. All comments contained herein are for informational purposes only, and should not be considered as a solicitation to buy or sell any security. The firm does not guarantee the accuracy or completeness of the information or make any warranties regarding results from it's usage.