Business
Buy or Sell the mRNA Pioneer?
NEW YORK — Moderna Inc. (NASDAQ: MRNA) faces a pivotal year in 2026 as the biotechnology company transitions from pandemic-driven revenues toward diversified growth in respiratory vaccines, oncology and rare diseases. With shares trading near $47-51 in early June, analysts maintain a largely neutral to cautious stance amid lingering losses and pipeline dependencies.
Moderna reported first-quarter 2026 revenue of approximately $400 million, representing a significant year-over-year increase driven largely by international markets and strategic partnerships. The company reiterated expectations for up to 10% revenue growth for the full year while projecting year-end cash and investments between $4.5 billion and $5 billion. Despite the top-line improvement, the firm posted a GAAP net loss of $1.3 billion, partly due to a substantial litigation settlement charge.
The core COVID-19 franchise continues to generate revenue through Spikevax and updated formulations, though at lower volumes than peak pandemic years. The RSV vaccine mRESVIA has contributed to the respiratory portfolio, with ongoing Phase 3 studies evaluating combinations and revaccination strategies. Management highlighted strong execution on long-term agreements, particularly in international markets that accounted for roughly 80% of Q1 revenue.
Pipeline progress remains central to the investment thesis. Moderna is advancing multiple mRNA candidates, including personalized cancer vaccines in partnership with Merck, such as mRNA-4157 for melanoma and other indications. Additional programs target flu, norovirus, CMV and rare diseases. Positive Phase 3 data readouts expected later in 2026 could serve as major catalysts if successful.
Analyst consensus leans neutral. Most Wall Street firms rate the stock as Hold, with an average 12-month price target around $35-46, implying limited upside or modest downside from current levels. Price targets range widely from as low as $21 to highs near $69-135 in more optimistic scenarios. Ratings distribution shows a mix of Buy, Hold and Sell, reflecting uncertainty around profitability timelines and clinical risks.
Bullish arguments focus on Moderna’s platform potential. The mRNA technology that powered rapid COVID-19 vaccine development offers broad applicability. Successful commercialization of RSV and combination respiratory vaccines, alongside oncology breakthroughs, could drive a return to sustainable growth. The company maintains a robust cash position to fund research without immediate financing pressure.
Chief Executive Stéphane Bancel and the leadership team have expressed confidence in 2026 as a year of returning to growth. International momentum and pipeline milestones position Moderna to capitalize on its technological edge. Long-term believers see substantial upside if the company delivers on late-stage trials and secures additional approvals.
Risks abound for potential buyers. Moderna continues to operate at a net loss as it invests heavily in R&D and commercialization. Competition in the vaccine space is intensifying, while regulatory and clinical hurdles could delay or derail key programs. Valuation concerns persist despite the post-pandemic reset, with shares still carrying premiums that assume successful execution across multiple modalities.
For sellers or those on the sidelines, near-term visibility remains limited. Quarterly results can swing based on vaccine demand and one-time items. Broader biotech sector sentiment, interest rate environments and geopolitical factors affecting supply chains add volatility. Some analysts recommend waiting for clearer signs of profitability or positive Phase 3 data before increasing exposure.
Investment considerations in 2026 hinge on several factors. Revenue diversification beyond COVID remains critical. The RSV franchise and potential flu-COVID-RSV combinations represent meaningful opportunities in the respiratory market. Oncology programs, particularly the individualized neoantigen approach, carry high risk but potentially transformative rewards if approved.
Management has guided for approximately $4.2 billion in cash costs for the year while targeting break-even progress over time. Strong cash reserves provide a buffer for clinical setbacks or slower commercial ramps. Shareholder returns through buybacks or dividends are not currently emphasized, with focus remaining on pipeline advancement.
Broader market context includes ongoing interest in mRNA platforms amid advancements in personalized medicine. However, investor patience is tested by the timeline from clinical data to commercial success. Moderna’s stock has experienced significant swings, rewarding those with high conviction during periods of positive news while punishing delays or disappointing results.
Analysts highlight the need for disciplined execution. Successful data from multiple programs could catalyze re-rating, while any stumbles might pressure shares further. Institutional ownership and analyst coverage remain active, underscoring the stock’s prominence in the biotech sector.
For growth-oriented investors comfortable with volatility and binary clinical outcomes, selective buying on weakness may appeal. Conservative portfolios might prefer smaller positions or waiting for derisking events. Diversification across biotech or healthcare remains advisable given company-specific risks.
Moderna’s story exemplifies the promise and challenges of innovative biotechnology. From its rapid pandemic response to building a broad mRNA pipeline, the company continues pushing scientific boundaries. As 2026 unfolds, upcoming catalysts in respiratory and oncology programs will likely dictate near-term stock performance.
Patients and healthcare systems stand to benefit if additional mRNA products reach the market, addressing unmet needs in infectious disease, cancer and rare conditions. For shareholders, the path forward requires balancing excitement around the platform with realistic expectations around timelines and profitability.
The coming quarters will test Moderna’s ability to convert its scientific leadership into sustained commercial success. While risks remain elevated, those bullish on mRNA’s long-term potential view current levels as an opportunity for patient capital. Others may opt to monitor progress before committing significant capital.
Ultimately, Moderna represents a high-conviction, high-risk bet on next-generation medicines. Investors should conduct thorough due diligence, consider individual risk tolerance and maintain a long-term perspective as the company navigates its post-COVID evolution.
Business
Virtus Large Cap Growth SMA Q1 2026 Commentary
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Business
Israeli military police investigating soldier’s killing of 7-month-old Palestinian

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Weitz Ultra Short Government Fund Q1 2026 Commentary (Mutual Fund:SAFEX)
Wally is the founder and President of Wallace R. Weitz & Company. Wally, a Chartered Financial Analyst, manages Hickory Fund and Partners III Opportunity Fund and co-manages Value Fund and Partners Value Fund.
Wally’s investment career began in 1961, at age 12, when he invested the profits from various entrepreneurial ventures. After going through a charting phase in high school, Wally discovered Benjamin Graham’s Security Analysis and was converted to value investing. After earning a B.A. in Economics at Carleton College in 1970, Wally spent three years in New York doing security analysis, primarily on the small companies in which G.A. Saxton made over-the-counter markets. In 1973 he joined Chiles, Heider & Co., a regional brokerage firm in Omaha, where he spent ten years as an analyst and portfolio manager. In 1983 he started Wallace R. Weitz & Company, and now heads a group of eight investment professionals that manages approximately $2 billion. Wally’s approach to value investing has evolved over the years. It combines Graham’s price sensitivity and insistence on a “margin of safety” with a conviction that qualitative factors that allow companies to have some control over their own destinies can be more important than statistical measurements, such as historical book value or reported earnings. Wally has the good fortune to be paid to pursue his favorite hobby, investing, but he also enjoys golf, skiing, tennis, reading, and working with charitable and educational foundations. Wally is on the Board of Trustees for Carleton College and serves on the Executive Committee of Building Bright Futures in Omaha.
Business
Voya Corporate Leaders Trust Fund B Q1 2026 Commentary
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US considers buying Chagos Islands, Telegraph reports

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Business
Vornado space heater recall affects 255,000 units sold at Costco, other stores
Check out what’s clicking on FoxBusiness.com.
Hundreds of thousands of space heaters sold at Costco and other major retailers for years are being recalled after reports that the units overheated and caught fire, prompting federal safety officials to warn consumers to stop using them immediately.
The Consumer Product Safety Commission (CPSC) announced Wednesday that more than 255,000 Vornado tower heaters have been recalled.
The agency said the heater’s fan blade can detach from the motor shaft, causing the unit to overheat and potentially ignite. Vornado has received 32 reports of overheating, including eight fires and one smoke inhalation incident, according to the agency.
Costco sent a letter to its members that the recalled Vornado SRTH small room tower heater was sold between August 2013 and January 2017 with the item number 1002889 (UPC 43765008478).
FROZEN FOOD ITEM SOLD AT COSTCO RECALLED OVER SALMONELLA CONCERN

The recalled Vornado SRTH small room tower heaters were sold in black and white, (Consumer Product Safety Commission / Unknown)
“The fan blade can detach from the motor shaft, which can cause a stopped fan condition, leading to overheating and melting of the enclosure and internal parts,” the wholesaler said. “Melted internal parts can ignite and breach the enclosure if the thermal cut off or fuse does not timely activate, posing a fire hazard.”

Shoppers browse items at a Costco Wholesale Corp. store in Chicago, Illinois, on Tuesday, Oct. 4, 2011. (Tim Boyle/Bloomberg via Getty Images / Getty Images)
OVER 2 MILLION PRESSURE COOKERS RECALLED AFTER DOZENS OF CONSUMERS SUFFER INJURIES
The recalled space heaters were also sold at Kohl’s, Bed Bath & Beyond and ACE Hardware, and online at Vornado.com and Amazon.com, from August 2013 through May 2026 for between $40 and $50, the CPSC said.

A shopper browses in the aisles of a Costco Wholesale Corp. warehouse in Brooklyn, New York, on Wednesday, July 25, 2012. (Victor J. Blue/Bloomberg via Getty Images / Getty Images)
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The agency said the heaters were manufactured in China.
Both Costco and the CPSC urged consumers to stop using the product immediately and contact the Vornado Recall Team at 888-240-2768.
Business
Wordle Answer and Hints for June 7 2026 Puzzle Revealed (NO. 1814)
NEW YORK — Players of the New York Times’ popular Wordle game woke up Sunday to a fresh five-letter challenge, with today’s solution proving accessible yet thoughtful for many enthusiasts tracking their streaks.
The answer for Wordle No. 1,814 on June 7, 2026, is THUMB. The word refers to the short, thick digit of the human hand nearest the wrist that is opposable to the other fingers, according to Webster’s New World College Dictionary.
This common anatomical term offered a mix of straightforward letter placement and everyday familiarity, allowing many to solve it within three to four guesses. The puzzle featured common consonants and a vowel that helped narrow options quickly for experienced players.
For those still working through the puzzle or seeking to improve future performance, here are spoiler-free hints: The word contains one vowel. It starts with a common consonant and ends with a consonant frequently seen in body-part words. No letters repeat. It relates to a part of the hand and can also describe an informal way of hitchhiking or a gardening technique.
Wordle continues its daily tradition of delivering a single word puzzle accessible worldwide. Created by Josh Wardle and acquired by the New York Times, the game has maintained massive popularity since its 2021 debut, blending simple mechanics with social sharing elements that fuel friendly competition among friends and families.
Today’s solution fits into a pattern of relatively solvable puzzles that reward vocabulary knowledge without overly obscure terms. “THUMB” aligns with Wordle’s preference for common English words, avoiding proper nouns, contractions or hyphenated terms per official rules.
Many players start with strong opening guesses containing frequently used vowels and consonants. Common starters like “SLATE,” “CRANE,” “TRACE” or “AUDIO” help eliminate multiple letters efficiently. For today’s puzzle, an opener featuring T, H or M would have provided an early advantage.
The game’s appeal lies in its balance of challenge and accessibility. With only six attempts allowed, players must balance risk and information gathering. Green tiles confirm correct letters in the right position, while yellow tiles indicate correct letters in the wrong spot. Gray tiles rule out letters entirely.
Wordle’s social component remains strong, with players sharing colored grid emojis on social media without spoiling the answer. This daily ritual fosters community and lighthearted rivalry, especially among those maintaining long streaks. Hard mode, which requires using confirmed letters in subsequent guesses, adds extra difficulty for dedicated solvers.
Beyond the daily puzzle, the New York Times offers companion games like Connections, Spelling Bee and Mini Crossword, creating an ecosystem of word-based challenges. Today’s Wordle performance contributed to ongoing discussions about average solve rates and strategic approaches shared in online forums.
The puzzle’s timing on a Sunday often sees slightly higher engagement as players enjoy leisurely mornings. “THUMB” proved approachable, with many reporting solves in three guesses after strong openers. Others needed four or five attempts when early guesses missed key letters.
Wordle’s enduring success stems from its simplicity and universal appeal. Unlike more complex games, it requires no downloads or subscriptions for the basic daily puzzle, though a Times subscription unlocks additional features and archives. The game has inspired variants and spin-offs, but the original remains the benchmark.
For players seeking to enhance their skills, experts recommend focusing on vowel distribution and common letter pairs. Today’s puzzle rewarded those familiar with body-part vocabulary and everyday actions. Future puzzles will continue testing linguistic intuition and pattern recognition.
The game also serves educational purposes, helping expand vocabulary and logical reasoning. Schools and families sometimes incorporate it into learning routines, turning daily play into a teaching moment about language and deduction.
As Wordle enters its sixth year, it maintains relevance through consistent quality and minimal changes to core gameplay. Occasional adjustments to the word list ensure fairness and freshness while avoiding overly rare terms that could frustrate casual players.
Today’s solution “THUMB” joins a long list of past answers that blend the familiar with occasional surprises. Players who missed it can try again tomorrow, as each puzzle resets independently. Streaks remain a popular personal challenge, with some users boasting hundreds of consecutive solves.
Community resources, including hint guides and post-game analyses, help players improve without spoiling the fun. Whether solved in two guesses or five, the daily ritual provides a small mental win and conversation starter for millions worldwide.
Looking ahead, Wordle continues evolving with the times while preserving its core charm. The June 7 puzzle offered a satisfying solve for most, reinforcing why this simple game captured global attention. As players reset for the next challenge, today’s “THUMB” serves as another memorable entry in the game’s growing history.
For those tracking performance, average solve rates and letter frequency statistics provide interesting insights into linguistic patterns. “THUMB” highlighted common letters that appear frequently across English vocabulary, rewarding strategic play.
The phenomenon extends beyond individual satisfaction to shared cultural moments. Friends and colleagues often compare results, turning a solitary activity into a collective experience. In an era of digital overload, Wordle’s five-minute daily commitment offers a refreshing pause.
As the sun sets on another Wordle Sunday, solvers reflect on their guesses and prepare for tomorrow’s puzzle. Whether “THUMB” boosted or ended a streak, the game’s gentle challenge endures, promising fresh linguistic adventures with each new day.
Business
NYT Connections Answers and Hints for June 7 2026 Puzzle Revealed (No. 1,092)
NEW YORK — The New York Times’ popular word grouping game Connections delivered another engaging daily challenge on Sunday, June 7, 2026, with puzzle No. 1,092 testing players’ ability to find thematic links among 16 words. Many solvers found it moderately difficult, with the purple category proving especially tricky for some.
The answers for today’s Connections are as follows:
Yellow Category (Translucent, as fabric): GAUZY, GOSSAMER, SHEER, THIN
Green Category (Speak): EXPRESS, STATE, UTTER, VOICE
Blue Category (Demolish): GUT, LEVEL, TOTAL, TRASH
Purple Category (Music genre suffixes): CORE, POP, STEP, WAVE
The puzzle rewarded recognition of descriptive language for materials, synonyms for verbal expression, verbs meaning to destroy or criticize harshly, and common endings for music subgenres. Players who started with obvious groupings often secured the yellow or green categories early, while the purple one required lateral thinking about terms like “pop” or “wave.”
For those seeking guidance without immediate spoilers, here are gentle hints: One category involves lightweight, see-through fabrics. Another features ways to convey thoughts aloud. A third relates to completely wrecking something, figuratively or literally. The toughest links words that often follow a music style prefix.
Connections, created by Josh Wardle (the mind behind Wordle) and acquired by the New York Times, continues to captivate word enthusiasts with its mix of vocabulary, categorization and pattern recognition. The daily grid presents 16 words that must be sorted into four groups of four, each sharing a distinct theme. Correct guesses earn color-coded feedback: yellow for the easiest, progressing to green, blue and purple for increasing difficulty.
Today’s puzzle featured a balanced mix of straightforward and deceptive groupings. Common trap words encouraged careful analysis, as terms like “express” or “total” could fit multiple potential categories before the correct connections emerged. Many players reported solving it in three or four attempts, with purple often solved last.
The game’s social element remains strong, with players sharing emoji grids on platforms like X and Reddit to compare results without spoiling solutions. Streaks and perfect games fuel friendly competition, while the New York Times’ companion articles provide post-game discussion and creator insights.
Connections complements other New York Times games, including Wordle, Spelling Bee and Strands, forming a robust daily puzzle ecosystem. Its appeal lies in accessibility — no obscure trivia required — combined with satisfying “aha” moments when categories click. For June 7, the fabric and music themes resonated with players familiar with descriptive language and pop culture.
Solvers offered varied strategies online. Some prioritize obvious synonyms or adjectives first, while others scan for proper nouns or multi-meaning words. Today’s grid rewarded attention to adjectives describing texture and verbs of communication or destruction. The music suffixes category highlighted how “-core,” “-pop,” “-step” and “-wave” denote subgenres in electronic, dance and alternative music scenes.
The puzzle’s Sunday timing often sees higher engagement as players enjoy relaxed mornings. Average solve difficulty for this edition aligned with recent trends, avoiding extreme obscurity while challenging pattern recognition. New York Times editors curate the word list carefully to maintain fairness and freshness.
Educational benefits extend beyond entertainment. The game sharpens categorical thinking, vocabulary and cognitive flexibility. Families and classrooms sometimes use it as a group activity, turning individual solving into collaborative discussion. Its minimalist design — just a grid and four lives — keeps focus on pure deduction.
As Connections approaches its next milestones, it maintains strong popularity alongside Wordle. The June 7 edition contributed to ongoing conversations about puzzle difficulty and creative category construction. Players who missed categories can review the official companion article for deeper explanations.
Looking ahead, tomorrow’s puzzle promises another fresh challenge. The New York Times continues refining the experience with occasional updates while preserving the core format that hooked millions. For dedicated fans, maintaining a streak adds personal stakes to the daily ritual.
Whether solved perfectly or with a few mistakes, today’s Connections offered mental stimulation and satisfaction. The categories — from sheer fabrics to genre suffixes — showcased the richness and playfulness of English language connections. As players reset for the next grid, the game reinforces why simple yet clever word puzzles endure in the digital age.
Community forums buzzed with reactions, from perfect solvers celebrating streaks to others sharing near-misses and strategies. The purple category in particular sparked discussion about music terminology and its evolution. Overall, the June 7 puzzle struck a balance that kept the experience enjoyable for casual and hardcore players alike.
In an era of constant digital stimulation, Connections provides a compact, rewarding daily pause. Its blend of logic and linguistics continues to attract new fans while retaining longtime enthusiasts. For those tracking performance, today’s solve added another entry to the ever-growing archive of daily challenges
Business
Skeena Resources: A Construction Re-Rate Hidden Inside A Precious Metals Developer
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