KEY TAKEAWAYS* The S&P 500 could hit 6500 by the end of next year, according to Goldman Sachs and Morgan Stanley, boosted by the U.S. economy's growth and higher corporate earnings.* Goldman Sachs...
Key Points:Economists predict 317,000 fewer annual EV registrations if the $7,500 tax credit is removed.Gasoline consumption would see a marginal increase of 155 million gallons in the first year.Morg...
Last Tuesday, Merck (MRK) revealed its intentions to collaborate with IAVI, a nonprofit scientific organization to develop a potential COVID-19 vaccine. Following the announcement, Merck shares went u...
On Tuesday, June 16, 2020, it was reported that stock rose as a result of the surge in retail sales. This is coupled with the positive trial results from a potential treatment for the coronavirus pand...
There has been a surge with Airline shares on Monday as data revealed a high volume of air travels compared to the last few months. For a second consecutive week, the number of people going throug...
According to Rob Subbaraman, the Head of Global Macro Research at Nomura, if the Democratic presidential candidate wins the coming elections which will be taking place in November, it could be of g...
As the year runs out, all federally funded COVID-19 financial aid begins to run out, with millions of Americans still unemployed.In early August, the Lost Wages Assistance program which was created by...
Goldman Sachs (GS) in a Friday note to investors said they doubted the most dollar-positive outcome when the year finally ends. In its Friday note to investors, Goldman Sachs recommends short-position...
The Food and Drug Administration, or FDA on Thursday announced that it had approved Gilead Sciences’ remdesivir as a coronavirus treatment. Following the announcement, shares of Gilead we...
Chinese tech giant and TikTok parent company, ByteDance is in early IPO talks to publicly list some of its businesses including short video app Douyin, according to a source familiar with the matter.F...