We recommend investors own high-margin growth stocks and avoid low-margin growth stocks - GS
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- S&P 500 falls as AI worries hit software makers
- Brent crude hits six-week high near $97 as Houthi strike targets Saudi Aramco
- Qualcomm stock surges 9.5% on Amazon AI deal & 25M share warrant
- Energy stocks rise premarket as oil prices climb on Middle East supply fears
- Novartis shares plunge 10% as failed drug trial clouds growth outlook
- Harry and Meghan surprised by King Charles' letter on their status
- Citi initiates UiPath coverage with Buy rating and $23 target
- S&P 500 falls as AI worries hit software makers
- WestPark Capital Starts Akebia Therapeutics (AKBA) at Buy
- After an 18% summer selloff in chip stocks, Citi asks what comes next
- After-Hours Movers: LULU, IOT, PATH, DOCU, ASAN, GWRE, ZS, PL, SWBI, OXM
- After-Hours Movers: AVGO, SNOW, HPE, NTAP, NTSK, CHPT, FIVE, TLYS, PVH, RARE
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'Big Short' investor Michael Burry says he was 'wrong' to tell investors to sell
March 30, 2023 1:20 PM EDTHedge fund manager and founder of Scion Asset Management, Michael Burry, said in a tweet on Thursday that he was "wrong" to tell investors to sell.
The "Big Short" investor said "sell" on January 31 in a one-word tweet, and while there were no other details provided, it... More
'Own high-margin growth stocks,' says Goldman Sachs
March 30, 2023 8:35 AM EDTGoldman Sachs analyst Ryan Hammond recommends investors own high-margin growth stocks and avoid low-margin growth stocks.
The analyst explained in a note to clients on Thursday that the decline in bond yields has supported growth stocks so far in 2023, but with wide variation.
As a result, he made... More
