📊 U.S. stocks rebounded Friday but still closed out a losing week. The S&P 500 rose 0.43%, the Nasdaq added 0.43% while Canada's S&P/TSX Composite outperformed adding 0.70%. 💊 Moderna ($MRNA) surged 10% Friday and is pacing for its best week on record. The biotech surged nearly 177% Wednesday after its cancer vaccine with Merck ($MRK) blocked the return or spread of melanoma in a late stage trial covering more than 1,000 patients. 👗 Ross Stores ($ROST) closed up 4.39% at $239.04 after earning $2.06 per share excluding items on $6.26 billion in revenue, ahead of the $1.95 and $6.16 billion FactSet consensus. The discount retailer also issued better than expected full year guidance. 🏬 BJ's Wholesale ($BJ) ticked higher after a Q2 beat, posting $1.36 per share on $6.09 billion in revenue versus estimates of $1.17 and $5.97 billion. It raised full year EPS guidance to a range of $4.60 to $4.80, up from $4.40 to $4.60. 🚗 Tesla ($TSLA) shares were up 6% despite a voluntary recall of about 3 million vehicles in China over doorhandle safety. The Information reported earlier this week that the company is preparing an August launch of the Cybercab, a robotaxi with no steering wheel, and Nevada regulators approved its application to run an autonomous network in Clark County. 👨🏻💻 Researched and written daily by @anthony.invests
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