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Business, Stocks

“Goldman upgrades Procter & Gamble, predicting a ‘double-digit’ return”

“Goldman Sachs upgraded Procter & Gamble on Friday and said the consumer staples giant offers shareholders a “potential double-digit return.” “We believe there is a role in investors’ portfolios for a large liquid global staples company such as this and note that… Continue Reading…

Economy, Investing, Stocks

“Stocks open higher as bank shares rally, Trump-Xi meeting ahead”

“Stocks opened higher on Friday as bank shares got a boost after the release of the Federal Reserve’s stress test results while investors looked ahead to a key meeting between President Donald Trump and Chinese President Xi Jinping. The Dow… Continue Reading…

Business, Stocks

“Google parent’s shares dive as YouTube changes, competition hurt revenue”

“Alphabet Inc’s Google on Monday saw its slowest revenue growth in three years from increased competition in advertising, stumbles in its smartphone business and disruptive changes at YouTube that left the leading internet ad company lagging rivals. Shares of Alphabet… Continue Reading…

Business

“Microsoft hits $1 trillion market cap after earnings beat estimates”

“Microsoft shares are trading near a record after rallying 34% over the past year. The stock climbed past $130.50 in extended trading, pushing the market cap over $1 trillion. Sales jumped 14% in the latest quarter, driven by the company’s… Continue Reading…