[unable to retrieve full-text content]Goldman Sachs raises S&P 500 year-end target to 5600 Yahoo Finance Source link
Read More »Google says don’t expect a new core update by year-end
With the Google December 2022 link spam update and helpful content update both still rolling out, SEOs are worried that Google may have one more Google algorithm update up its sleeve before the year’s end. Well, it will not happen, said John Mueller from the Google Search team. No more core updates this year. John Mueller said on Twitter, “FWIW, just to be clear, there’s no core update lined up for the rest of the year.” Rankings might… Source link
Read More »Credit Suisse, Citi cut 2022 year-end target for S&P 500
(Reuters) – Credit Suisse and Citigroup became the latest brokerages to bring down their 2022 year-end targets for the S&P 500 index, as U.S. equity markets bear the heat of aggressive central bank actions to tamp down inflation. Credit Suisse cut its target for the benchmark index by about 10% to 3,850 points on Monday, citing the impact of rising interest rates and slowing economic growth on third-quarter earnings. Citigroup trimmed its year-end target by a more modest 4% to 4,000. The S&P… Source link
Read More »Why we have exactly the fuel we need for a year-end rally
Market participants are trying to make sense of the recent stock market volatility. They want to know why it happened, why was there a significant drop in so many growth stocks, and was this recent sharp pullback just a shakeout before a year-end rally or the start of a bigger correction? Of course, no one knows the answer to the last question, but I’m leaning towards a year-end rally for the following reasons. Technicals – During the recent drop, the S&P 500 and Nasdaq Composite found… Source link
Read More »EXCLUSIVE Google’s adtech business set to face formal EU probe by year-end -sources
A sign is seen at the entrance to the Google retail store in the Chelsea neighborhood of New York City, U.S., June 17, 2021. REUTERS/Shannon Stapleton BRUSSELS, June 18 (Reuters) – Alphabet (GOOGL.O) unit Google could face its biggest regulatory threat, with EU antitrust regulators set to open a formal investigation into its lucrative digital advertising business before the end of the year, said people familiar with the matter. It would mark a new front by the EU competition enforcer against… Source link
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