Tag Archives: Wall

TipRanks Goldman Sachs: These 2 Stocks Are Poised to Double (or More) The new week kicked off on a negative note, as all 3 major indexes pulled back from record highs. After applauding recent strong economic data, the worsening global coronavirus situation appeared to have soured investor sentiment. But according to Goldman Sachs chief US equity strategist David Kostin, investors shouldn’t get too worked up. The overall trend remains upward, and Kostin points out that volatility – the… Source link

Google Assistant can now bypass your iPhone’s silent mode or Do Not Disturb setting to ring your phone when it’s lost. Google … Source link

Bloomberg As Sanjeev Gupta Rose From Trader to Tycoon, Several Banks Backed Away (Bloomberg) — British industrialist Sanjeev Gupta’s companies seemed to be prospering until his main lender, Greensill Capital, imploded last month. But long before Greensill collapsed, several banks had cut off the commodity trading business of Gupta’s Liberty House Group.Four banks stopped working with Gupta’s commodity trading business, starting in 2016, after they became concerned about what they… Source link

Google Assistant can now bypass your iPhone’s silent mode or Do Not Disturb setting to ring your phone when it’s lost. Google … Source link

(Bloomberg) — The day-trading Reddit crowd turned the first quarter of 2021 into one of the wildest periods of stock market mania in modern history. Books — plural — will undoubtedly be dedicated to the topic in years to come. But after these small-time speculators banded together to drive up dozens of obscure stocks by hundreds or even thousands of percent — and in the process burned a few hedge-fund barons betting on declines — the movement appears to be petering out. An index that… Source link

(Bloomberg) — Wall Street banks grappling with the implosion of Bill Hwang’s investment firm spent Monday briefing U.S. regulators as Washington starts to dig into one of the biggest fund blowups in years. The Securities and Exchange Commission summoned the banks for hasty meetings on what triggered the forced sale of more than $20 billion of stocks linked to Hwang’s Archegos Capital Management, said people with knowledge of the matter who asked not to be named in discussing private… Source link

(Bloomberg) — As Wall Street speculated on the identity of the mysterious seller behind the massive $10.5 billion in block trades executed on Friday by Goldman Sachs Group Inc., investors also pondered just how unprecedented the selloff was — and whether there’s more to come. The sales lit up trader chat rooms from New York to Hong Kong and were part of an extraordinary spree that erased $35 billion from the values of bellwether stocks ranging from Chinese technology giants to U.S. media… Source link

Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Tuesday, March 16, 2021 No one can be bullish enough right now We’re one week away from lapping the one-year anniversary of the market’s pandemic low. And Wall Street is still struggling to keep up with the pace of both the recovery in markets and the real economy. As happens over the weekends and into Monday morning, The Morning Brief’s inbox is flooded with weekly updates from economists,… Source link

TipRanks AI Is Here; 3 ‘Strong Buy’ Stocks That Stand to Benefit Hi tech is the cool kid of investment sectors, offering an unbeatable combination of cutting edge chic and long-term stock market returns. It’s understandable; our digital world has clearly passed a point of no return in the integration of tech with our daily lives. Tech companies, whether large or small, are clearly in a position to gain from this trend, offering the products and innovations that will facilitate and expand… Source link

Computing and printing giant HP (HPQ) sure dialed up the growth in its most recent quarter. Powered by consumers continuing to invest in work-from-home tech gear during the COVID-19 pandemic, HP blew away Wall Street sales and profit forecasts Thursday after the close. The company also shared upbeat guidance for its fiscal year, which may trigger a good number of upward revisions to analyst profit estimates and stock price targets in the coming days. “What we are seeing is very strong demand… Source link