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Goldman Sachs has introduced a new concept of stock baskets based on corporate asset intensity, defined as the ratio of assets to revenues. This innovative approach has led to the creation of two distinct baskets – one consisting of asset-light stocks and the other comprising asset-heavy stocks. According to Goldman Sachs, the asset-light stocks have
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The latest data from the CDC’s IVY and VISION networks shed light on the protection offered by recently updated COVID vaccines against severe virus-related outcomes in immunocompetent adults. The study conducted from September 2023 to January 2024 revealed that the vaccine effectiveness (VE) against COVID-related emergency department or urgent care visits was determined to be
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Over the weekend, Congressional lawmakers released the details of the first six budget bills required to fund government agencies and avoid a partial government shutdown that could occur this coming weekend. This appropriations package, consisting of 1,050 pages, covers funding for six major areas of government, including military and veterans affairs departments, agriculture, commerce, energy
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Apple is known for its grand product launch events that create a buzz in the tech world. However, the latest reports suggest that the tech giant is planning to take a different approach this time. Instead of a glamorous event, Apple is gearing up to announce multiple devices quietly, through press releases. This subtle strategy
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