
Credit Suisse Puts S&P 500 2021 Target at 4050 as It Anticipates for Virus-Free Economy in 2022
The S&P 500 index has been on the positive side for the better part of the pandemic. The index has gained 10.04% YtD.
The S&P 500 index has been on the positive side for the better part of the pandemic. The index has gained 10.04% YtD.
The positive COVID-19 updates from Pfizer-BioNTech, Moderna, and AstraZeneca-Oxford give hope that the end is near for the COVID-19 pandemic that continues to plague our world for almost a year by now.
The move by Affirm to debut on the stock exchange through its recently announced IPO comes as one of the many public listings recorded in 2020.
Zoom shareholders anticipate experiencing a new bull wave after the shares complete the current retracement.
For the past three months, Nvidia reported revenue of $4.73 billion against $4.41 billion expected by analysts.
Nio reported an adjusted net loss of $146.7 million, in the past three months, with total revenues surging 146.4.% year-over-year to $666.6 million.
As CureVac prepares to push its COVID-19 vaccine candidate in the final stage of trials, it is also working on a pan-EU network to manufacture millions of the vaccine doses.
European nations Hungary and Poland are reportedly bringing a setback to the European Commission as both countries have decided to veto the coronavirus stimulus deal agreed on by the commission.
Elon Musk has benefited a lot from the inclusion of Tesla into the S&P 500 index with a positive response from the public.
Moreover, through Berkshire Hathaway Warren Buffett has made a number of other investments in several industries this year besides the pharmaceutical stocks.
With a tough year for business, Airbnb makes an ambitious move of public listing as the company is working on restructuring its business model and streamline operations.
Maersk showed good performance in Q3 and recorded a lesser-than-expected revenue fall of 1.4%.
Anonymous sources have confirmed that Robinhood is planning to go public during the first quarter of the coming year. But it is not a final decision.
Amazon has launched its Amazon Pharmacy service for the sale of prescription drugs in the US. The products will be delivered free for Amazon Prime members.
Home Depot’s Earnings Per Share came in at $3.18 against the $3.06 expected from analysts. The retailer’s total sales surged by 24% from the year-ago period.