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An anonymous investor on Reddit claimed he turned $100,000 into $2.2 million, and says he’s now betting big on a cruise line

Sharing his trading tale of profit on Reddit, the investor posted a screenshot showing sizeable gains made over the past four years.
David Tepper

Billionaire investor David Tepper calls stock market overvalued

While the bottom in the S&P 500 may already be in, "that doesn't mean you can't fall significantly from these levels," Tepper said.
FILE PHOTO: A sign for BlackRock Inc hangs above their building in New York

The world’s largest money manager says now is the time to buy stocks

BlackRock updated its estimated change in five-year price returns for various asset classes following the coronavirus-induced market sell-off.
People stand under a sign of Swiss banking giant UBS at their headquarters on May 8, 2019 in Zurich.

UBS says stocks could rally 11% by the end of 2020, and lays out the areas of the market it’s tipping for success

UBS also added that recent monetary and fiscal efforts to prevent companies from going bankrupt means that an economic recovery is more likely.
The Zoom home page

Zoom jumps 11% after company announces it added 100 million new users in 3 weeks

Shares of Zoom jumped 11% after the company announced that it surpassed 300 million daily users, an increase of 100 million users in just three weeks.
An Amazon fulfillment center in Robbinsville Township, New Jersey, on December 2.

Goldman Sachs says Amazon’s stock will surge 20% from current levels, making it the new biggest bull on Wall Street

Goldman Sachs says Amazon is leading the movement of retail online, which is "being accelerated by the current crisis."

Victoria’s Secret parent L Brands plummets 27% after Sycamore tries to back out of acquiring majority stake

Sycamore argues that L Brands' "voluntary actions" amid the pandemic caused "severe damage" to the Victoria's Secret brand that cannot be repaired.

Global stocks are surging after pharmaceutical giant Gilead said it’s making progress on a drug to treat coronavirus

US futures rose with the S&P 500 and the Dow Jones Industrial Average pointing to a 3% increase. The price of WTI fell to a new 18-month low
Goldman Sachs' Chief Equity Strategist Peter Oppenheimer

Goldman Sachs’ top equity strategist worries markets have rallied ‘too far too fast,’ and is predicting a fresh plunge

Peter Oppenheimer expects the economy to recover in the second half of 2020. This will increase investor appetite for riskier assets.

A Goldman Sachs survey of big-money investors found that half think the stock market has further to fall

Of the 1,800 institutional investors surveyed by Goldman, roughly 75% still think the S&P 500 is in a bear market.