Markets

US stocks fade into the close as doubts around a rescue bill erase gains

US stocks limped into the close on Tuesday, paring earlier gains, after Senate Majority Leader Mitch McConnell said he doesn’t expected another stimulus bill to pass in the next two weeks. The uncertainty surrounding further economic relief dented optimism around the European Union’s historic 750 billion euro ($US860 billion) stimulus […]
US stocks fade into the close as doubts around a rescue bill erase gains
Markets

Tesla reports 2nd quarter earnings Wednesday amid a searing stock rally. Here’s what 4 Wall Street analysts are talking about ahead of the report.

Tesla reports its highly anticipated second-quarter earnings on Wednesday after market close. The report comes after the automaker’s second-quarter vehicle delivery numbers beat Wall Street expectations. Investors and analysts will be closely watching to see if Tesla is able to pull off a profit this quarter. If it does, it […]
Tesla reports 2nd quarter earnings Wednesday amid a searing stock rally. Here’s what 4 Wall Street analysts are talking about ahead of the report.
Markets

Dow gains 369 points on trader optimism around a COVID-19 treatment

US stocks rose on Friday as traders cheered advances in coronavirus treatment. Gilead Sciences said on Friday that an analysis of clinical-trial data for its remdesivir drug found a 62% reduction in mortality risk among severe COVID-19 patients. Still, the US on Thursday reported 63,200 new coronavirus cases, according to […]
Dow gains 369 points on trader optimism around a COVID-19 treatment
Markets

These 14 stocks will see sales skyrocket in 2018, Goldman Sachs says

Companies that achieve strong revenue expansion have historically seen their stocks climb. Goldman Sachs has identified the 14 S&P 500 companies set to see the biggest sales growth in 2018. With the broader stock market expected to rise this year, it can be difficult to identify the companies set to […]
These 14 stocks will see sales skyrocket in 2018, Goldman Sachs says
Markets

GOLDMAN SACHS: Here’s how to make a killing in early 2018

Goldman Sachs finds that January has historically been filled with stock price-moving events, and recommends investors position accordingly. Most of the fluctuations result from corporate guidance and preannouncements that take place leading up to fourth quarter earnings season. Stock traders would be best advised to avoid a holiday hangover, because […]
GOLDMAN SACHS: Here’s how to make a killing in early 2018
Markets

Snap erases the entire drop from its earnings disaster

Snap is now trading at the price it was at before its disastrous third-quarter earnings report. Shares plummeted by as much as 18% after missing revenue and user growth numbers. Barclay’s released a report recently that placed an $US18 price target and an overweight rating on Snap. Watch the price […]
Snap erases the entire drop from its earnings disaster