Will a ‘Santa rally’ bring good cheer to the stock market next week? Here’s what analysts say

It’s beginning to look a lot like Christmas for the stock market, which may be headed for a “Santa Claus Rally,” according to analysts, including at Goldman Sachs and Citadel Securities. “Barring any major shocks, it will be hard to fight the overwhelmingly positive seasonal period we are entering and the cleaner positioning set-up,” GoldmanContinueContinue reading “Will a ‘Santa rally’ bring good cheer to the stock market next week? Here’s what analysts say”

Sony owns majority stake in ‘Peanuts’ comic after $457 million buyout

Happiness is taking control of a beloved comic strip. Sony is buying a 41% stake in the Charles M. Schulz comic Peanuts and its characters including Snoopy and Charlie Brown from Canada’s WildBrain in a $457 million deal, the two companies said Friday. The deal adds to Sony’s existing 39% stake, bringing its shareholding toContinueContinue reading “Sony owns majority stake in ‘Peanuts’ comic after $457 million buyout”

Sequoia’s Shaun Maguire accused an innocent Palestinian of being the Brown shooter. Then he doubled down

The discovery of the body of Claudio Manuel Neves Valente, a Portuguese national who studied physics at Brown University, in a New Hampshire storage facility earlier this week brought closure to two alarming cases. Authorities say they believe Valente, a 48-year-old who recently arrived in Boston, was behind the December 13 mass shooting at BrownContinueContinue reading “Sequoia’s Shaun Maguire accused an innocent Palestinian of being the Brown shooter. Then he doubled down”

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