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2 mins read
Goldman Sachs lifts its 2020 earnings estimates after better-than-expected 2nd quarter results, and sees a big beat in 2021
In the second quarter, "S&P 500 results cleared an extremely low bar," Goldman Sachs analysts led b…
Carmen Reinicke
2 mins read
US stocks sink after consumer and housing data raise concerns about reopening momentum
Stocks turn lower after soft consumer and housing data hurt sentiment at a time that investors are …
Carla Mozée
2 mins read
US stocks slump as global COVID-19 cases increase
US stocks struggled on Tuesday as investors nervously watched an acceleration in COVID-19 cases glo…
Carla Mozée
3 mins read
Healthcare leaders are rethinking how and where they deliver care to patients. Here's how technology innovation and collaboration can fill the gaps.
COVID-19 introduced more patients to the benefits of telehealth. Here's how hospitals can become sm…
Danielle Brody
2 mins read
Tech stocks tumble as traders await the Fed's economic outlook and cues on interest rates
Tech stocks slid on Wednesday as markets wait for what the Federal Reserve will say about the econo…
Carla Mozée
2 mins read
Dow, S&P 500 close at records after Fed upgrades its growth outlook and indicates no rates hikes until 2023
US stocks rose after the Federal Reserve said it will keep monetary policy supportive of the US eco…
Carla Mozée
2 mins read
Dow soars 603 points amid risk-on rally as reopening stocks surge
Stocks were higher on Monday as the reopening of the US economy seemed within reach after Johnson a…
Matthew Fox
4 mins read
Allegiant is expanding its network with 9 new routes that put a prominent focus on Austin, bringing low fares to the city and going head-to-head with legacy airlines — see the full list
Southwest has historically dominated the Austin airport, but other carriers have since realized the…
Taylor Rains
3 mins read
Marines flew their 'eye in the sky' in Australia for the first time ever
The flight of the RQ-21A drone reflects the Corps' plans to use unmanned systems to support expedit…
Cpl. Harrison Rakhshani, US M…
3 mins read
Tesla's S&P 500 entry could spark a $8 billion buying spree, Goldman Sachs says
Of the 189 large-cap core funds tracked by Goldman, 157 funds managing roughly $500 billion don't y…
Ben Winck
3 mins read
US stocks slide amid dispute over Fed funds and spiking COVID-19 cases
Treasury Secretary Steven Mnuchin urged the Fed to return funds set aside for emergency lending, do…
Ben Winck
3 mins read
Global stocks rise, but vaccine euphoria is giving way to COVID-19 caution as US cities and states lockdown again
Stocks and oil are heading for big gains this week after Pfizer's vaccine news, but the rally is ru…
Amanda Cooper
3 mins read
US stocks waver as investors shift cash from tech giants to cyclicals
Momentum from Monday's rally continued to boost small-cap names while stay-at-home plays including …
Ben Winck
3 mins read
S&P 500 closes 0.1% from record high after climbing on tech-sector strength
Monday's tech rally wasn't enough to overcome lagging financials and industrial stocks, leaving the…
Ben Winck
2 mins read
S&P 500 flirts with record high as traders weigh Chinese stimulus against virus risk
The People's Bank of China added 700 billion yuan ($101 billion) to the country's economy, marking …
Ben Winck
3 mins read
Dow climbs 358 points as Trump stimulus orders offset China tensions
Investors were encouraged by President Trump signing four executive actions over the weekend to ext…
Carmen Reinicke
3 mins read
US stocks decline as stimulus negotiations heat up and earnings miss hopes
Senate Republicans continued to negotiate their stimulus bill, though disagreement within the GOP s…
Ben Winck
3 mins read
S&P affirms India's rating at 'BBB-' with stable outlook
Also, the downward pressure on the ratings could emerge if India's GDP growth falls well below the…
PTI
3 mins read
Dow caps off best quarter since 1987 as strong economic data drives gains
Better-than-expected economic data offset mounting worries about a surge in COVID-19 cases in the U…
Carmen Reinicke
3 mins read
Dow surges 500 points as positive housing data outweighs virus spread
Boeing soared after US regulators approved test flights of its troubled 737 Max jet, while Facebook…