Breaking News: Investing
Goldman Sachs is betting that you’ll want a $10,000 home improvement loan from the investment bank
David Zalik, founder and CEO of GreenSky. Chris Hamilton | GreenSky Goldman Sachs, the 153-year old investment bank, is now officially in the home improvement loan business as it continues a push into the finances of ordinary Americans. The bank expects to add one million customers a year to its budding Marcus retail division through […]
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This is one of Goldman’s best-performing stock portfolios this year for clients
The investment bank assembled a pool of stocks that would benefit from surging interest rates. Source
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Amazon renews Prime credit card tie-up with JPMorgan Chase after flirting with American Express
Jeff Bezos and Jamie Dimon. Getty Images | CNBC Amazon has chosen to renew a deal allowing JPMorgan Chase to issue the tech giant’s flagship rewards credit card, ending months of heated negotiations, CNBC has learned. The Amazon Prime Rewards card was one of the industry’s most highly coveted co-brand deals, a rare prize because […]
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Investors believe the biggest threat to the markets now is a Fed misstep, CNBC survey shows
Traders work on the floor of the New York Stock Exchange (NYSE) on December 08, 2021 in New York City. Spencer Platt | Getty Images (Click here to subscribe to the new Delivering Alpha newsletter.) A majority of Wall Street investors believe the biggest threat facing the markets right now is a policy error by the Federal […]
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Jefferies says buy RH as this year’s dip offers a ‘rare entry point’
Shares for Restoration Hardware have more than 40% upside from here, analysts say. Source
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Morgan Stanley says Robinhood could be Generation Z’s Schwab, but the stock is going nowhere for now
Analysts say the company has a firm grip over younger investors, but will need to expand its product offerings if it wants to retain its appeal. Source
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Buy Freshpet shares as demand for fresh pet food could surge, Goldman Sachs says
Analysts say growing interest in the fresh pet food category could drive customers to the brand in grocery stores. Source
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Buy these two cruise line operators as business returns to normal, Wells Fargo says
Analysts say cruise lines are “one of the few remaining recovery stories” in consumer stocks. Source
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JPMorgan downgrades Procter & Gamble as inflation pressures grow
Rising commodities prices and less favorable foreign exchange rates will add pressure to the stock, analysts say. Source
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PayPal is a buy after falling 35% this year, Goldman Sachs says
Analysts expect the payments company will return to earnings per share growth in excess of 20% following this year. Source
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