gold

The US - North Korea Tensions Impact the Markets

The US - North Korea Tensions Impact the Markets

Tensions are rising between the U.S. and North Korea and as expected, the political heat is leaving a mark on the market. When there is political turmoil that could have a significant global impact, it has always been seen that safe haven assets, ma..

Goldman Sachs Upgrades Wal-Mart to Buy

Goldman Sachs Upgrades Wal-Mart to Buy

Goldman Sachs Group Inc. (NYSE: GS) upgraded Wal-Mart Stores Inc. (NYSE: WMT) to buy from neutral on Friday, also adding the stock to the company’s so-called Conviction List, with an $84 price target. Wal-Mart shares closed Thursday at $75.05 ..

Tesla Inc. Shares Down Sharply After Goldman Sachs Downgrade

Tesla Inc. Shares Down Sharply After Goldman Sachs Downgrade

Tesla Inc. (NASDAQ: TSLA) took a beating this morning as Goldman Sachs Group Inc (NYSE: GS) analysts have downgraded the stock, issuing a valuation of $180 down from previous stance of $190.The automaker had posted record prices earlier this year, a..

Banks Lead Broad Rally, Wall Street Goes Higher

Banks Lead Broad Rally, Wall Street Goes Higher

On Monday, U.S. stocks began the third quarter on a positive note , with bank shares leading a broad rally.Bank of America (NYSE: BAC) and JPMorgan Chase & Co. (NYSE: JPM) helped lift the S&P 500 index, while Goldman Sachs (NY..

Goldman Sachs Selling Controversial Venezuelan Bonds to Hedge Funds

Goldman Sachs Selling Controversial Venezuelan Bonds to Hedge Funds

Goldman Sachs Group Inc. (NYSE: GS) asset Management acquired over $2.8 billion of controversial Venezuelan bonds involving the central bank of the company last May, and is now in the process of unloading them. In recent days, the company has s..

Amazon as Potential Platform for Nike to Sell It’s Products

Amazon as Potential Platform for Nike to Sell It’s Products

After Goldman Sachs (NYSE: GS) announced that Nike Inc. (NYSE: NKE) could potentially start selling directly on Amazon.com Inc (NASDAQ: AMZN), Nike Inc’s shares rose as 2 percent. This change can raise competition for brick-and-morta..