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- S&P 500 ends higher as strong inflation data cements rate-hike bets
- Oracle raises full year profit guidance, stock rises after hours
- Oil falls but head for 8% weekly gain on tight supply; US diesel hits record
- 'No panic anywhere' may be the problem, BofA strategists warn
- Buy Shopify stock at this ’AI-enabled entry point,’ analyst says
- S&P 500 ends higher as strong inflation data cements rate-hike bets
- Dell shares surge on record AI server bookings
- 'No panic anywhere' may be the problem, BofA strategists warn
- Kroger cuts same-store sales outlook, keeps earnings guidance
- AstraZeneca's camizestrant fails primary endpoint in breast cancer trial
- After-Hours Movers: ORCL, CRWV, ADBE, ACVA, CPRT, ZUMZ, PMTS, RH
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- After-Hours Movers: DELL, PANW, GTLB, CRDO, MDB, HPE, SMCI
Goldman Sachs believes US will avoid recession, progress toward a soft landing
December 27, 2022 10:29 AM ESTIn a note to clients Tuesday, Goldman Sachs analysts said that the firm's most out-of-consensus forecast for 2023 is its call that the US will avoid a recession and continue progressing toward a soft landing.
The analysts explained that the forecast, in part, reflects its view that a period of below-potential growth is enough to gradually rebalance the labor market and dampen wage and price pressures.
"It also reflects our... More
