• Goldman Sachs is shuffling its top stock trading executives as the business tries to claw back market share from Morgan Stanley and JPMorgan

    24 days ago - By Business Insider

    Goldman Sachs moved Tony Pasquariello, formerly its equities sales head for the Americas, into a newly created role, according to a memo from the securities division co-heads.
    Josh Glassman and Ronnie Wexler have been promoted to run Americas equity sales. Glassman was in talks to join Morgan Stanley earlier this year before being wooed back to Goldman.
    The changes come as Goldman's equities business is in the midst of trying to claw back market share lost in past years to Morgan Stanley and JPMorgan.
    Goldman Sachs removed the chief of its Americas equities sales operation and named two...
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  • Barclays says stocks will go nowhere in 2019 as one-off boosts like tax cut fade, trade war rages on

    Barclays says stocks will go nowhere in 2019 as one-off boosts like tax cut fade, trade war rages on

    25 days ago - By CNBC

    Gains in the U.S. stock market will be hard to find in 2019 as one-time boosts like tax cuts and government spending will fade and the U.S.-China trade conflict continues, according to a strategist at Barclays.
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  • Nvidia recovers all its earlier losses after short seller Andrew Left says he is a buyer

    Nvidia recovers all its earlier losses after short seller Andrew Left says he is a buyer

    25 days ago - By Business Insider

    Short seller Andrew Left's firm Citron Research said in a tweet on Tuesday that it's a buyer of Nvidia stock.
    Shares were down as much as 8% before the tweet amid broader market weakness. They're now up as much as 4% following Citron's comments.
    Nvidia has been under pressure since the large-cap tech correction began early in October, and following its disappointing brutal third-quarter earnings report last week.
    Watch Nvidia trade live.
    Nvidia recovered deep early losses on Tuesday - surging as much as 4% - after short seller Andrew Left's firm, Citron Research, said it bought the...
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  • Marijuana stocks trade higher, as the market slumps

    25 days ago - By ETF Daily News

    From Ciara Linnane : Cannabis stocks reversed their early losses Tuesday to trade mostly higher, shrugging off the rout in the broader market which was falling as investors continued to sell off technology and internet stocks.
    Canopy Growth Corp. CGC, +1.83% led the gainers, adding 2.9% in midmorning trade. Canopy is viewed as one of the stronger players in the new sector, thanks to a $4 billion investment from drinks giant Constellation Brands Inc. STZ, -0.78% Cronos Corp. CRON, +5.20% was up 3.1%. Tilray Inc. TLRY, +0.68% was up 1.8% and Aphria Inc. APHA, +3.45% was up 1.4%. Aurora...
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