The Latest Breaking News from Goldman Sachs

Goldman Sachs upgraded its rating of Robinhood Markets (NASDAQ:HOOD) to Neutral with a price target of $9.50, changing its price target from $11.50 to $9.50. Shares of Robinhood Markets are trading up 4.19% over the last 24 hours, at $8.34 per share.

Upgrades

Rent the Runway (RENT) reported a strong quarterly report surpassing consensus estimates. In addition, Goldman Sachs expects the stock to remain resilient amid the growing macroeconomic headwinds. So, let’s evaluate if it is worth adding the stock to your portfolio now. Read on.

Powell thinks rate hikes alone will not slow down gas prices

A whale with a lot of money to spend has taken a noticeably bullish stance on Goldman Sachs Group. Looking at options history for Goldman Sachs Group (NYSE:GS) we detected 22 strange trades.

For all that we may be getting fed up with the hijinks of billionaires trying to use their fortunes to get their way in business and government, the lifestyles of the rich and famous still have the power to fascinate and shock.

Economy and Society is Ballotpedia’s weekly review of the developments in corporate activism; corporate political engagement; and the Environmental, Social, and Corporate Governance (ESG) trends and events that characterize the growing intersection between business and politics.

The S&P 500 is rebounding on Tuesday, pushing more than 2.3% higher following the string of events that sent the index into an official bear market.

Oil prices have soared due to a confluence of factors that have crimped supply and boosted demand. Goldman Sachs has forecast that Brent crude oil prices will average $140 a barrel this summer. Given this backdrop, we think it could be wise to add energy ETFs iShares U.S. Oil &…