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Goldman Sachs Gains as Trading Outperformance Drives Earnings Beat By Investing.com

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© Reuters. By Senad Karaahmetovic Shares of Goldman Sachs (NYSE:) are trading nearly 4% higher in pre-market Tuesday after the banking giant delivered a strong beat. GS reported an EPS of $8.25 to easily top the consensus of $7.80. Revenue also came in higher – $11.98 billion vs $11.37 expected. Although revenue slipped -12% YoY, …

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Lyft Takeover Speculation Driving Recent Outperformance

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© Reuters. By Sam Boughedda In a note to clients Wednesday, a BofA analyst maintained an Underperform rating and $14 price target on Lyft (NASDAQ:) shares, telling investors that recent speculation regarding a takeover bid is driving the stock’s outperformance. “Lyft stock is up 14% since September 8 (vs. S&P down 3.7%), when an article …

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