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Jet fuel prices take flight as vaccine roll-outs spur hopes of more air travel
Global jet fuel markets are coming back to life, resuscitated by a rebound in air cargo demand, gradually recovering passenger traffic and hopes that COVID-19 vaccines will spur more international flights in 2021......»»
JPMorgan keeps S&P 500 target as it increases earnings per share view
Strategists at JPMorgan on Friday lifted their view of earnings per share but kept their S&P 500 price target of 4,400. After a strong first quarter driven by robust demand and margin recovery, JPMorgan lifted its 2021 earnings per share view for S&P 5.....»»
Peloton’s bike wait time back to pre-COVID-19 levels
Peloton reported revenue growth of $1.26 billion in the quarter, up 141%, driven by strong demand for its Connected Fitness Products, an acceleration of deliveries and low churn levels......»»
Moderna reports $1.7 billion in COVID-19 vaccine sales, posts first profit ever
Moderna Inc. brought in $1.7 billion in sales of its COVID-19 vaccine in the first quarter of 2021, marking the company's fir.....»»
HannStar Board, GBM see 1Q21 profits hike on year
PCB makers HannStar Board and Global Brands Manufacture (GBM) both saw their net profits hike on year in the first quarter of 2021, driven by robust demand for PC, consumer electronics and automotive applications......»»
: Goldman Sachs thinks the U.K. economy will grow faster than the U.S. — here’s why
Early indications show the country is bouncing back faster than expected due to its COVID-19 vaccine rollout......»»
: Shares in pharma giant Roche rise as COVID-19 tests offset drug sales slump
Demand for healthcare giant Roche’s COVID-19 tests helped to offset a decline in the core drugs business, the company said on Wednesday, as it reported sales for the first quarter of 2021 and confirmed its outlook for the year......»»
Bank Of America And Citigroup Struggle After Stellar Q1 Earnings
Bank Of America Corporation (NYSE: BAC) and Citigroup Inc (NYSE: C) reported first-quarter 2021 earnings results Thursday morning and, like Goldman Sachs Group Inc (NYSE: GS), JPMorga.....»»
Delta sees profit later this year as it posts another dismal quarter
Air travel, stifled by the COVID-19 pandemic, is widely expected to rebound in the second half of 2021 as wide vaccine rollouts encourage travel and drive summer bookings......»»
Goldman Sachs posts record results as profits jump
Investment bank Goldman Sachs saw its profits nearly quintuple in the first quarter, driven by a massive surge of revenue from its core investment banking and trading operations......»»
Earnings Previews: Goldman Sachs, JPMorgan, Wells Fargo and Bed Bath & Beyond
Three of the five largest U.S. banks will report first-quarter 2021 earnings before markets open Wednesday morning. We'll also hear from specialty retailer Bed, Bath & Beyond......»»
Hamilton Beach Brands Holding Company Announces Fourth Quarter And Full Year 2020 Results
GLEN ALLEN, Va., March 16, 2021 /PRNewswire/ -- Highlights from Continuing Operations - Q4 2020 Compared to Q4 2019 Revenue increased 14.4% to $234.0 million, driven by continued strong consumer demand in the US and Canadian consumer markets as well .....»»
Smartphone shipments to grow 5.5% in 2021, says IDC
Smartphone shipments are forecast to grow 13.9% on year in the first quarter of 2021 and 5.5% for the full year 2021, driven by continued recovery in demand and a supply-side push of 5G devices, according to IDC......»»
ABF substrate prices likely to rise
ABF substrate prices are likely to rise later in the first half of 2021, driven by rebounding demand for crypto mining chips and a sharp rise in demand for server applications starting in the second quarter, according to industry sources......»»
Goldman Sachs boosts US GDP forecast to 6.8% in 2021 and now expects $1.5 trillion in COVID-19 stimulus
The bank is expecting President Joe Biden's COVID-19 relief package to reach $1.5 trillion, u.....»»
South Africa halted the rollout of AstraZeneca"s COVID-19 vaccine after new analysis finds it "provides minimal protection" from new variant
AstraZeneca said it and Oxford started to adapt their vaccine to the new variant and are hoping to have it ready by the fourth quarter of 2021. A vial and .....»»
Goldman cuts Brent forecasts to $30 on price war, virus impact
Goldman Sachs cut its second- and third-quarter Brent price forecasts to $30 per barrel, citing the oil price war between Russia and Saudi Arabia and a signiï¬cant collapse in oil demand due to the coronavirus that has killed more than 3,500 globally......»»
Goldman faces $260M hit from equity bets as Uber plunges
Goldman Sachs Group Inc.’s bets on four companies delighted investors a quarter ago. This time around, they’re inflicting about $260 million of pain. Those losses are driven by investments made for... To view the full story, click the title link......»»
Tesla disappointing Q1 results will fuel demand concerns, says Goldman Sachs
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
3 Underrated Stocks That Just Hit Goldman’s Hedge Fund VIP List
Each quarter, Goldman Sachs releases a list of the 50 stocks that appeared most often among the top-10 holdings of 800+ fundamentally-driven h.....»»