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Goldman Sachs: 2 Stocks That Could Climb Over 90%

What’s more critical for the stock market’s health than the outcome of the presidential election? A COVID-19 vaccine, so says Goldman Sachs. With Q3 earnings season kicking into gear this week, the firm believes the virus’ effect on fundamentals should be the focus, as opposed to the race to the White House. “The vaccine represents…

Japan to Release Treated Fukushima Water in Sea, Kyodo Says

(Bloomberg) — Japan is planning to release millions of gallons of treated radioactive water from its wrecked Fukushima Dai-Ichi nuclear power plant into the Pacific Ocean, Kyodo News reported, citing unidentified people close to the matter.The government has agreed on this plan and an official decision by the cabinet is expected as soon as this…

Stimulus Doomed by Diverging Goals of Trump, Pelosi, McConnell

(Bloomberg) — Even with the U.S. still reeling from the coronavirus pandemic, Washington fell short in delivering more stimulus before the election, whipsawed by President Donald Trump and hobbled by the diverging agendas of the top Republican and Democrat in Congress. Now, voters will help decide what happens next.House Speaker Nancy Pelosi, a self-proclaimed “master…

Hedge Funds Are Piling Into Novavax, Inc. (NVAX)

How do you pick the next stock to invest in? One way would be to spend days of research browsing through thousands of publicly traded companies. However, an easier way is to look at the stocks that smart money investors are collectively bullish on. Hedge funds and other institutional investors usually invest large amounts of…

Canopy Growth Closes Agreements With Big Alcohol Distributors

Canopy Growth Corp. (NYSE: CGC) (TSE: WEED) announced Tuesday a new distribution partnership with two major alcohol distributors: Reyes Beer Division and Manhattan Beer.The company will leverage these partnerships to bring its sports hydration brand, BioSteel, to U.S. consumers in a ready-to-drink format.Earlier this year, BioSteel signed NFL star Patrick Mahomes as an equity partner…