Financial turbulence refers to periods of significant instability and volatility in financial markets or economies. This can manifest as rapid fluctuations in asset prices, disruptions in trading activities, or general uncertainty affecting investor confidence. Financial turbulence can arise from various factors, including economic shocks, geopolitical events, changes in monetary policy, or external crises. It often leads to increased risk and can trigger a chain reaction of negative effects, such as reduced investment, lower consumer spending, and a slowdown in economic growth. Understanding financial turbulence is essential for investors, policymakers, and economists, as it can impact decision-making and financial planning.
BioNTech is transitioning from COVID-19 vaccine success to developing pioneering cancer therapies using mRNA technology. The company faces financial challenges, reporting a €700 million net loss in 2024, yet has…