Bitcoin Price Slips as ETF Outflows Continue. Why the Bears ‘Are in Control.’
Close to $300 million has left exchange-traded funds so far this week, according to crypto data firm Coinglass.
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The Smart Investor4 Singapore Stocks Paying Out Dividends in July
We feature four Singapore stocks that are doling out dividends in July. The post 4 Singapore Stocks Paying Out Dividends in July appeared first on The Smart Investor.
- Fortune
Nvidia will produce such a massive ‘cash gusher’ that it will have to buy back more stock because all that money has nowhere else to go, analyst says
Melius Research projects Nvidia will generate $270 billion in cash over the next three years, potentially setting the stage for huge shareholder returns.
- Barrons.com
Alibaba Stock Has Languished While Tencent Has Soared. One Reason Why.
Shares in Tencent, like much of the rest of Chinese tech, have been slammed since Beijing began a crackdown on technology companies in late 2020.
- Barrons.com
This Stock Is Beating Nvidia—and It’s Set to Climb Even More
Abercrombie & Fitch’s stock has smoked Nvidia’s in the past year. A strategic makeover under CEO Fran Horowitz is winning fans on Wall Street and Main.
- Simply Wall St.
Unveiling Three Stocks That May Be Trading Below Their Estimated Intrinsic Value
As global markets demonstrate resilience, with the S&P 500 reaching new highs and value stocks showing strength, investors may find opportunities in stocks that appear undervalued relative to their intrinsic worth. In this context, identifying stocks trading below their estimated intrinsic value could be particularly timely, offering potential for appreciation as market conditions evolve.
- Insider Monkey
The Wealthiest Person in China
We recently compiled a report on the 30 Wealthiest People in China and in this article we will look at the richest person. An Analysis of the Chinese Economy On May 29, Reuters reported that China is seeing signs of economic recovery after a long period of sluggish economic growth. Consumer spending in China has […]
- Simply Wall St.
Singapore Post Full Year 2024 Earnings: EPS Beats Expectations
Singapore Post ( SGX:S08 ) Full Year 2024 Results Key Financial Results Revenue: S$1.69b (down 9.9% from FY 2023). Net...
- Moneywise
Kevin O'Leary explains why Wall Street is starting to come around on Donald Trump ahead of the US election
He also points out a “killer” issue lingering in America.
- The Smart Investor
Top Stock Market Highlights of the Week: Amazon, Hongkong Land and Valuetronics
An e-commerce behemoth hits a new market capitalisation milestone while a reputable property owner and developer carries a billion-dollar property revamp. The post Top Stock Market Highlights of the Week: Amazon, Hongkong Land and Valuetronics appeared first on The Smart Investor.
- Reuters
Nokia taps AI boom with $2.3 billion Infinera purchase
Nokia's bid to buy U.S. optical networking gear maker Infinera in a $2.3 billion deal puts the Finnish company on track to gain from the billions of dollars in investment pouring into data centres to cater to the rise of artificial intelligence. The deal would help Nokia to leapfrog Ciena and become the second largest vendor in the optical networking market with a 20% share, behind Huawei, which is benefiting from the minimal presence of Western companies in China. Nokia's move will allow the company to sell more equipment to big tech companies such as Amazon, Alphabet and Microsoft as they invest billions of dollars in building new data centres to service the artificial intelligence boom.
- Yahoo Finance
Stock market today: AI frenzy leads stocks to rip-roaring first half of 2024
Investors are watching for a cooling in the Fed-favored PCE print to boost rate-cut hopes as they assess Biden's faltering performance in the Trump debate.
- AFP News
Global stocks mixed as elections heat up
Equity markets were mixed Friday as investors assessed fallout from a bumpy US presidential debate and looked ahead to weekend elections in France that could boost the far right."We don't think Biden's disastrous performance at last night's debate will have a material impact on markets in the short term," said Kathleen Brooks, research director at XTB. "The election is still many months away and a lot could change."
- Reuters
US inflation cools in May, boosting hopes of Fed rate cut
U.S. monthly inflation was unchanged in May as a modest increase in the cost of services was offset by the largest drop in goods prices in six months, drawing the Federal Reserve closer to start cutting interest rates later this year. The report from the Commerce Department on Friday also showed consumer spending rose marginally last month. Underlying prices advanced at the slowest pace in six months, raising optimism that the U.S. central bank could engineer a much-desired "soft landing" for the economy in which inflation cools without triggering a recession and a sharp rise in unemployment.
- GOBankingRates
5 Ways To Fight Inflation That Actually Work — And 5 That Don’t
If you've seen yourself paying a hefty bill at the grocery store or tried to fill your tank, only to get a fraction of what you once paid for, you've likely noticed that many of these costs have...
- Moneywise
Here are 10 of Dave Ramsey's most savage one-liners
No one else on radio shoots as straight as Dave.
- Investing.com
How long will central bank buying of gold last?
Central banks have been actively and massively buying gold over the last few years. In its report published this week, UBS highlighted the sustained interest in gold by central banks, underscoring its role as a hedge against inflation, a diversifier during market stress, and a credible asset in times of economic turmoil.
- Barrons.com
Campbell Soup Stock Has Struggled. Can Rao’s Save It?
The venerable soup maker has diversified through dealmaking, but after a pandemic rally, shares have struggled. Now the hope is a high-priced brand from a hot New York restaurant. Plus: Can cruising bail out Disney?
- Simply Wall St.
Magnachip Semiconductor Corporation (NYSE:MX) is largely controlled by institutional shareholders who own 63% of the company
Key Insights Institutions' substantial holdings in Magnachip Semiconductor implies that they have significant influence...
- Simply Wall St.
OptimizeRx (NASDAQ:OPRX) shareholders have endured a 83% loss from investing in the stock three years ago
Every investor on earth makes bad calls sometimes. But you have a problem if you face massive losses more than once in...
- Zacks
Top Stocks to Consider After Cooler PCE Data
On Friday, Core PCE, the Fed's preferred inflationary measure optimistically reflected a 0.1% uptick in May compared to a 0.3% increase in April.