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The first 2020 presidential debate was held Tuesday night between U.S. President Donald Trump and former Vice President Joe Biden. Picking A Debate Winner: While some might say there were no winners from the debate, betting odds for Biden to win the presidency all gained last night.Betfair shows Biden having a 54.4% chance to win the election compared to 42.8% for Trump. This is the best odds for Biden since July 30, when he hit a high of 61.2%. Trump's best odds from Betfair were 53.9% back in March.PredictIt is showing a 2 cent boost to Biden's presidential odds, which are now 61 cents. Trump had no change and is trading at 43 cents.Electionbettingodds.com, which compiles Betfair, PredictIt and FTX, shows Biden gaining 5.1% and now having a 59.9% chance to win the election. Trump saw his odds fall 4.4% to 38.4%.What About The Stock Market? Having a consensus winner of...
Yahoo Finance’s Alexis Christoforous and Brian Sozzi discuss Palantir’s public debut, and the company’s public offering saga with Tech Crunch Managing Editor, Danny Chricton....
Every investor in Kala Pharmaceuticals, Inc. (NASDAQ:KALA) should be aware of the most powerful shareholder groups......
A new wave of optimism is splashing onto the Street. Investment firm Goldman Sachs just gave its three-month stock forecast a boost, lifting it from Neutral to Overweight, with it also projecting “high single-digital returns” for global stocks over the next year.What’s behind this updated approach? Goldman Sachs strategist Christian Mueller-Glissmann cites the impressive rebound in global earnings growth and reduced equity costs as the drivers of the estimate revision. On top of this, a “broader procyclical shift” in stocks and other assets could take place during the remainder of this year.“We have shifted more cyclical on sectors and themes tactically but still prefer growth vs. value on a strategic horizon... In the near-term, elevated uncertainty on U.S. elections and a better global growth outlook might benefit non-U.S. equities more, but in the medium term a large weight in structural growth stocks is likely to support the S&P 500,” Mueller-Glissmann noted.As...
