Goldman Sachs recently announced the outperformance of its new stock basket over the past 20 years. The firm’s portfolio strategy desk introduced two new baskets based on corporate asset intensity, aiming to identify companies with high growth potential. This strategy divides stocks into two categories: asset-light and asset-heavy, based on their ratio of assets to
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Caitlin Clark has proven herself to be a force to be reckoned with in the world of NCAA Division I basketball. Just two weeks after shattering the record for women’s basketball, she rose to claim the overall top scorer title in NCAA history. The Iowa Hawkeyes standout player achieved this milestone during a game against
Recently, Alphabet’s Waymo robotaxi unit received approval from the California Public Utilities Commission to expand its services to parts of Los Angeles and the Bay Area. This approval marks a significant step in the company’s efforts to establish itself as a leader in the autonomous vehicle industry. However, this expansion does not come without its
The recent announcement that Ford electric vehicle owners will now be able to utilize Tesla Superchargers marks a significant shift in the electric vehicle landscape. This partnership, which includes the Mustang Mach-E and F-150 Lightning models, aims to enhance the overall EV ownership experience for Ford drivers. Ford CEO Jim Farley himself tested the fast-charging
Elon Musk, the enigmatic CEO of Tesla, has once again captivated the automotive world with his grand promises of a new and revolutionary Roadster. Six years ago, Musk teased the idea of a next-generation Roadster that would surpass all expectations. The idea was never materialized back then, but Musk has reignited the spark by declaring
Donald Trump has emerged victorious in the Michigan Republican presidential primary, as projected by NBC News. This win solidifies his position as the frontrunner for the GOP nomination, further eclipsing his primary rival, Nikki Haley, the former United Nations ambassador. Despite the setback in Michigan, Nikki Haley remains determined to continue campaigning through Super Tuesday,
President Joe Biden expressed his optimism on Monday regarding the ongoing Israel-Hamas conflict. He stated his hope for a cease-fire to be in place by the following Monday during a press conference in New York City. Despite recognizing that negotiations are close to reaching an agreement, he emphasized that there is still work to be
Zoom, the video chat software vendor, experienced a significant boost in its stock price, rising as much as 13% in extended trading following the announcement of its fiscal fourth-quarter results. The company surpassed analysts’ expectations, reporting earnings per share of $1.22, adjusted, compared to the anticipated $1.15. Additionally, Zoom posted a revenue of $1.15 billion,
In the world of investing, it is essential to pay attention to the movements of various stocks in the market. One key metric that investors often look at is the Relative Strength Index (RSI), which helps in determining whether a stock is overbought or oversold. Recently, Warren Buffett’s Berkshire Hathaway saw a surge in its
The U.S. military is currently keeping a close eye on an unidentified “small” balloon that is flying at high altitudes over the western region of the country. Reports from two U.S. officials and a defense official indicate that a fighter aircraft was dispatched to monitor the balloon once it was detected hovering over Utah earlier