Friday’s premarket trading saw a significant surge in shares of Amazon, Inc. (NASDAQ:AMZN), the e-commerce behemoth renowned for…
Category: Economy
$78 Billion Exited the Banking Sector
The American banking sector is facing a significant challenge. An astonishing $78 billion made a swift exit from…
Tesla faces citizen grilling on impact of German plant expansion
By Victoria Waldersee, Nette Noestlinger and Leon Malherbe GRUENHEIDE, Germany (Reuters) -Tesla on Tuesday sought to assuage Brandenburg state residents’…
Novartis raises 2023 forecast, maps out Sandoz spin-off
By Ludwig Burger FRANKFURT (Reuters) -Novartis on Tuesday raised its full-year earnings forecast for the second time on strong drug…
Unusual Trades: PayPal Analysis
In the world of finance, the adage that ‘money talks’ rings particularly true when discerning potential shifts in market…
Bill Ackman Believes an Unlikely Candidate Will Be President
Bill Ackman, the mastermind behind Pershing Square, has made an audacious forecast for the 2024 Republican primary race, foreseeing…
A Storm is Brewing: Ex-Goldman Hotshot
Ex-Goldman Sachs Group Inc (NYSE:GS) hedge fund hotshot, Raoul Pal, is sounding the alarm bells. According to him, a…
Amazon/Shopify Partnership in the Works?
In a recent discussion as part of the Amazon Advisor Call Series, Scott Devitt, an analyst at Wedbush, and…
Yellen ‘eager’ to work with China on debt, other global challenges
By David Lawder and Aftab Ahmed GANDHINAGAR, India (Reuters) -U.S. Treasury Secretary Janet Yellen said on Sunday she was “eager”…
Devon Energy Gets Smacked With Downgrades
Devon Energy Corporation (NYSE: DVN) has recently received a revised price target of $60 from RBC Capital Markets analyst Scott…