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Wall Street’s Big Coronavirus Mistake

Wall Street’s Big Coronavirus Mistake

The coronavirus has wreaked havoc…

Finance

Trucks

Goldman: Automated Trucks To Cost 300k Jobs Per Year

Nov 14, 2017 at 14:31 | Jon LeSage

While Google’s Waymo company has taken center stage for bringing self-driving cars to roads, autonomous trucking may make it to the mainstream first.  Silicon Valley startups, technologists, and venture capitalists…

Venezuela

Did Venezuela Just Default?

Nov 14, 2017 at 09:13 | Irina Slav

S&P Global Ratings declared Venezuela in default just as the country’s Vice President Tareck El Aissami met with creditors to discuss the restructuring of its debt. According to

Wall Street

5 Big Gainers In Oil & Gas This Week

Sep 22, 2017 at 14:24 | Tsvetana Paraskova

Energy has been the worst-performing S&P 500 sector so far this year, losing 10.8 percent year-to-date. The top 15 U.S. oil companies by market capitalization have felt the sting…

Elon

Logical And Illogical Reasons To Short Tesla

Sep 08, 2017 at 16:35 | Martin Tillier

For me, shorting Tesla (TSLA) is like crack or heroin for some people…I know it is dangerous and I really shouldn’t do it, but at times the urge overtakes me…

Wall Street

Why Wall Street Is Bullish On Refiners

Aug 29, 2017 at 14:01 | ZeroHedge

WTI tumbles below $47 as negative sentiment about excess crude supply grows in light of extended refiners’ shutdowns, while Wall Street piles on with more detailed estimates about Harvey's impact…

Goldman

Goldman’s Commodity Unit Sees Worst Q1 In A Decade

Jul 03, 2017 at 12:11 | Tsvetana Paraskova

The leading commodities trader among global investment banks, Goldman Sachs, is assessing the future direction of its commodities business, following the worst start to a year in more than a…

Wall Street

Wall St. Gears Up For The World’s Biggest Oil Trade

Apr 10, 2017 at 15:29 | Irina Slav

International banks are preparing for the Hacienda Hedge – the secretive oil deal that has seen Mexico earn billions from successful bets on future oil prices. Detailed in an

Will Ecuador’s Mining Sector Return To Its Golden Days?

Will Ecuador’s Mining Sector Return To Its Golden Days?

May 04, 2016 at 10:06 | Dave Forest

It was a tough day for mining in Latin America yesterday, with prosecutors in Brazil announcing a $43.55 billion lawsuit against BHP Billiton and Vale over…

Physical Gold Demand At A 6 Year Low But Prices Soar

Physical Gold Demand At A 6 Year Low But Prices Soar

Apr 29, 2016 at 09:35 | Dave Forest

Gold is looking strong again this week — gaining after the Bank of Japan unexpectedly held off on stimulus Thursday, causing a decline in the dollar. Gold stocks are also…

South African Miners Disgruntled After Changes In Mining Code

South African Miners Disgruntled After Changes In Mining Code

Apr 19, 2016 at 10:12 | Dave Forest

The mining sector in one of the world’s most important platinum, gold and coal nations is in an uproar this week. After the government surprised the…


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