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Stocks

“Goldman Sachs Says These 3 Stocks Could Surge Over 30% From Current Levels”

“Lordstown Motors (RIDE)… Overall, RIDE shares get a Hold from the analyst consensus, reflecting Wall Street caution toward a new – and highly speculative – endeavor. The rating is derived from 4 recent reviews, evenly split between 2 Buys and 2… Continue Reading…

Business

“Big Uber Shareholders Rebel on CEO’s Huge Pay Package Amid… Layoffs”

“At Uber’s 2020 shareholders meeting on Monday, a group representing large Uber shareholders took issue with how much the ride-sharing giant is paying its CEO Dara Khosrowshahi while the company slashes thousands of jobs and its contractor drivers struggle to make ends… Continue Reading…

Economy, Stocks

“Man who made a killing during financial crisis says that, at some point, the stock market will slow down — but, till then, ‘I love riding a horse that’s running’”

“Tepper’s bull thesis appears to be the equivalent of the oft-used Wall Street investing mantra: Don’t fight the tape. He tells CNBC that “at some point, the market will get to a level that I will slow down that horse and… Continue Reading…

Business

“Uber is buying its Middle East rival Careem for $3.1 billion”

“Uber is buying the biggest ride-hailing app in the Middle East. In the biggest tech deal the region has ever seen, Uber is paying $3.1 billion for Careem with a mixture of cash and securities that will convert into Uber… Continue Reading…