Apple (AAPL) – Get Report is reportedly planning to tap Tesla (TSLA) – Get Report battery packs to power its Cupertino campus, Johnson & Johnson (JNJ) – Get Report as well as Pfizer (PFE) – Get Report and BioNTech (BNTX) – Get Report provide mixed news on both vaccine production and virus protection, and chipmakers including Micron Technology (MU) – Get Report gain on global semiconductor giant Taiwan Semiconductor’s $100 billion chip-production expansion plans.
Corey Goldman breaks down some of what TheStreet is watching on Thursday. Also, the S&P 500 crosses 4,000 for the first time on Biden’s infrastructure spending plan, and what China’s shifting demographics suggest for the outlook for the world’s second-biggest economy.
Read more about what’s happening on Wall Street and in financial markets Thursday here.