China’s economy likely expanded at a record pace of 19% in the first quarter, the strongest since at least 1992, according to Reuters. The growth is fueled by domestic and…
Goldman Sachs earnings per share jumped to $18.60 in the first quarter of 2021 from $3.11 a year earlier, according to the company’s press release. The EPS was higher than…
Goldman Sachs termed copper as ‘new oil’ whose low supply could drive the price from the current $9,000 a ton to $15,000 a ton by 2025, reports Markets Insider. Goldman…
The European Investment Bank hired Goldman Sachs, Banco Santander SA, and Societe Generale to explore digital bonds in euros, according to Bloomberg. The digital bond would be registered and settled…
LG Electronics’ joint venture with Magna International is ‘very near’ to signing contracts to build Apple’s early electric vehicle models, according to The Korea Times. Contract details are still being…
Shanghai hedge fund manager Li Bei put in her money, cranked up leverage, and produced an industry-leading 258% gain last year, according to Yahoo! Finance. Li realized that the low-volatility…
Nasdaq Inc. is set to test its hand on a major direct listing as it welcomes Coinbase Global Inc. into the exchange on Wednesday, according to Bloomberg. The exchange has…
The International Energy Agency says the global energy market is on its way to recovery despite challenges in vaccinations, reports the Wall Street Journal. IEA raised the global oil demand…
Sasol Ltd. plans to build a charging station in South Africa to test the viability of fuel cell heavy-duty vehicles, according to Bloomberg. The company will team up with Toyota…
Cryptocurrency exchange Binance is permitting users to buy fractions of companies’ shares with a new tokenized stock trading service, according to Yahoo! The Binance Stock Tokens, launched on Monday, are…
Wells Fargo analyst Aaron Rakers raised the Nvidia price target to $715 from $625 and maintained an overweight rating on the shares, according to The Fly. The analyst’s rating reflects…
US health authorities have recommended a pause in the use of Johnson & Johnson’s COVID-19 vaccine due to blood clot concerns, according to the Wall Street Journal. The authorities found…