According to Goldman Sachs, “accelerating the growth of e-commerce” will propel Amazon to new all-time highs. Goldman and Jefferies on Monday assigned a high street price target on Amazon of $ 3,800, representing upside potential of 28% since Friday’s close. The update occurs when consumers have relied heavily on e-commerce …
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Nikola fell as much as 21% on Monday after the company released a prospectus describing its intention to sell up to 23.9 million shares. In addition, existing shareholders seek to sell up to 53.4 million shares, according to the prospectus. Nikola said the proceeds from the sale would be used …
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The 2008 financial crisis and the economic damage caused by the COVID-19 pandemic are very different, according to BlackRock CEO Larry Fink. “This is an existential problem, so it is beyond a financial crisis that we saw in 2008,” Fink said in an interview with CNBC on Friday. Fink said …
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Getty Getty The new stimulus package could be unveiled next week and could look like this. This is what you need to know. New stimulus Senate Majority Leader Mitch McConnell (R-KY) is expected to present a stimulus bill next week when Congress returns from recess. Senate Republicans, with input from …
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Robinhood merchants continue to bet on Tesla. Nearly 40,000 Robinhood accounts added shares of the automaker over a four-hour period on Monday, Bloomberg reported, citing data from Robintrack.net. As of Tuesday, approximately 40,400 Robinhood accounts have added Tesla stocks in the past 24 hours, Robintrack data shows. Now Tesla is …
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