Shares of Veeva Systems (NYSE:VEEV) fell about 4% premarket on Thursday after Goldman Sachs downgraded the stock to Sell from Buy, citing medium-term risks. The firm also lowered its price target on the shares to $200 from $261.

Goldman’s forecast is for just 0.9 per cent UK GDP growth this year, which is a lot lower than consensus (1.3 per cent), the BoE (1.5 per cent) and the OBR (2 per cent). This is no time to keep policy restrictive, the team says:

Goldman Sachs CEO David Solomon said Wednesday that he sees Bitcoin as a speculative asset rather than as a competitor to the U.S. dollar.

Goldman Sachs CEO David Solomon said on Wednesday it was important for the U.S. and China, the world's two largest economic superpowers, to improve their bilateral ties. His comments during an interview to CNBC at the World Economic Forum in Davos,