Company News for Apr 26, 2024

The Smart Investor
4 Singapore Blue-Chip Stocks You Can Buy and Hold Forever
We highlight four solid blue-chip names that you can buy and safely own for the rest of your life. The post 4 Singapore Blue-Chip Stocks You Can Buy and Hold Forever appeared first on The Smart Investor.
Simply Wall St.
Unveiling 3 Top Dividend Stocks In Singapore With Yields Up To 8.5%
As the Singapore market continues to navigate through global economic challenges, including inflation and interest rate adjustments, investors are increasingly looking for stable returns. Dividend stocks, known for their potential to provide regular income, become particularly appealing in such uncertain times.
Barrons.com
Palantir Earnings Crush Estimates. Why Some Investors Are Selling on the News.
Palantir followed up its “bombastic” December quarter with even better results for the March quarter as the data analytics software company continued to gain traction with its artificial-intelligence tools, in particular with U.S. commercial customers. Palantir shares, which rallied 8.1% in Monday’s regular session, were down more than 14% to $21.56 in midday trading Tuesday. For the March quarter, Palantir posted revenue of $634 million, up 21% from a year ago, and ahead of both the company’s guidance range of $612 million to $616 million and Wall Street’s consensus of $615 million as tracked by FactSet.
GOBankingRates
Warren Buffett Invested $74 Billion in This Stock — Should You Invest Too?
Known as the Oracle of Omaha, Warren Buffett is one of the most successful investors of all time. He started his first investment partnership in 1956 with a few friends and family. An investment in...
Simply Wall St.
Is It Time To Consider Buying Hutchison Port Holdings Trust (SGX:NS8U)?
Hutchison Port Holdings Trust ( SGX:NS8U ), is not the largest company out there, but it received a lot of attention...
Simply Wall St.
Is Thai Beverage Public Company Limited's (SGX:Y92) Recent Stock Performance Influenced By Its Financials In Any Way?
Thai Beverage's (SGX:Y92) stock is up by 3.2% over the past week. We wonder if and what role the company's financials...
The Hill
Starbucks needs to refocus on coffee, former CEO says
Former Starbucks CEO Howard Schultz urged his successors to get back to basics as the company sees falling sales. Schultz said in a LinkedIn post that leaders should focus on spending time in stores and on providing good coffee rather than other management strategies. “At any company that misses badly, there must be contrition and…
Yahoo Finance
Stock market today: Stocks climb as S&P 500 notches best 3-day run of 2024
Stocks rallied at the end of last week, getting a boost from a "Goldilocks" jobs report.
The Edge Singapore
Singapore reviewing proposal by SVCA to revive local stock market: FT
'There has been a shift in thinking by the government that this is not just an SGX problem'
Yahoo Finance
The biggest risk to investing in 'Magnificent 7' stocks like Nvidia and Amazon, according to top CEOs
It's good practice for investors to think beyond the "Magnificent Seven" stocks, the CEOs of Apollo and Avenue Capital Group said.
Reuters
Gold gains on soft dollar, rate cut hopes
Gold prices climbed more than 1% on Monday, as the U.S. dollar weakened after softer-than-expected U.S. jobs data fueled expectations of potential interest rate cuts by the Federal Reserve later this year. Spot gold rose 1% to $2,324.94 per ounce by 2:00 p.m. ET (1800 GMT). "The downside that we've seen over the last few weeks might actually be running out of steam, opening (the) door for gold prices to resume their upward trajectory," said Daniel Ghali, commodity strategist at TD Securities.
Yahoo Finance
Stock market today: S&P 500 rises for 4th day, Disney sinks 9% after earnings
Results from Disney took center stage as the media giant posted the first profit for a key part of its streaming business.
Reuters
Toyota to get an earnings lift from hybrids as EV hype cools
Toyota Motor is expected to get a big lift from demand for hybrids when it reports annual earnings on Wednesday, illustrating how the world's top-selling automaker is poised to benefit as hype around battery electric vehicles cools. But the forecast record results, to be helped in part by a boost from the weak yen currency, belie the considerable challenges it faces in critical markets. In China it is pressured by a ferocious price war and in the U.S., the fallout from consumers grappling with higher borrowing costs.
Reuters
GLOBAL MARKETS-Asia shares rally on Fed cut bets; yen pares gains
Asian stocks rose on Monday on renewed bets that the Federal Reserve would likely ease rates this year, while the yen weakened after a strong surge last week from Tokyo's suspected currency intervention. Trading was thinned in Asia with Japan out for a holiday, though markets in mainland China got off to an upbeat start after returning from an extended break. MSCI's broadest index of Asia-Pacific shares outside Japan edged more than 0.5% higher, while China's blue-chip index gained 1.4%.
Simply Wall St.
3 Growth Companies With High Insider Ownership And At Least 12% Revenue Growth
Amid a buoyant U.S. stock market, bolstered by robust first-quarter earnings and the anticipation of interest rate cuts, investors are keenly observing various factors that could influence their investment decisions. In this context, growth companies with high insider ownership and significant revenue growth present an interesting opportunity for those looking to align with the confidence insiders are showing in their own companies.
EdgeProp
Cross-border sources account for 46.5% of Singapore’s inbound real estate investment in 1Q2024, highest in Apac: Knight Frank
Hotel G is undergoing rebranding and asset enhancements measures after it was acquired in January for $180 million. (Picture: Samuel Isaac Chua / EdgeProp Singapore)Inflows of foreign investment accounted for 45.6% of real estate investment value in Singapore for 1Q2024, according to a report by Knight Frank. Institutional investors injected a total $1.226 billion of investment into Singapore last quarter.This is the highest proportion of incoming cross-border investment compared to other Asia P
GOBankingRates
I’m a Financial Advisor: These Are the 6 Biggest Money Mistakes People Make in Their 50s
Financial planning is important at all stages of your adult life, but it's doubly so once you reach your 50s. It's around this point where many people start thinking more seriously about retirement....
Reuters
EMERGING MARKETS-Asian stocks extend gains on Fed rate cut optimism, FX down on firm dollar
(.) * South Korean shares jump as much as 2.2% * Taiwan's April CPI due later in the day * Malaysia rate decision due on Thursday By Ayushman Ojha May 7 (Reuters) - Most Asian stock markets extended gains on Tuesday on the back of renewed bets for U.S. rate cuts after last week's cooler-than-expected jobs data, while the region's currencies were subdued as the dollar ticked higher. Regional markets are still cautious about the future path of U.S. interest rates as they have not seen a strengthening in Asian currencies even with U.S. yields falling, said Lloyd Chan, senior currency analyst at MUFG Bank. Taiwan is scheduled to report its April inflation numbers later on Tuesday.
Barrons.com
Micron Stock Gets an Upgrade From a Longtime Skeptic
Baird’s Tristan Gerra raised his call on the chip stock to Outperform, the equivalent of Buy, from Neutral.
Reuters
FOREX-Yen drops despite intervention threat, Aussie slides after RBA
The yen continued to slide against the dollar on Tuesday as gaping interest rate differentials weighed on the currency, despite fresh warnings from Japanese officials following two rounds of suspected dollar-selling intervention last week. The Australian dollar fell from near a two-month high versus its U.S. counterpart after the Reserve Bank of Australia refrained from ramping up hawkish signals, as some traders had anticipated. In her press conference after the central bank's widely-expected decision to keep rates unchanged, governor Michele Bullock said the board believes monetary policy is at the right level to return inflation to target.

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Company News for Apr 26, 2024

Latest stories

4 Singapore Blue-Chip Stocks You Can Buy and Hold Forever

Unveiling 3 Top Dividend Stocks In Singapore With Yields Up To 8.5%

Palantir Earnings Crush Estimates. Why Some Investors Are Selling on the News.

Warren Buffett Invested $74 Billion in This Stock — Should You Invest Too?

Is It Time To Consider Buying Hutchison Port Holdings Trust (SGX:NS8U)?

Is Thai Beverage Public Company Limited's (SGX:Y92) Recent Stock Performance Influenced By Its Financials In Any Way?

Starbucks needs to refocus on coffee, former CEO says

Stock market today: Stocks climb as S&P 500 notches best 3-day run of 2024

Singapore reviewing proposal by SVCA to revive local stock market: FT

The biggest risk to investing in 'Magnificent 7' stocks like Nvidia and Amazon, according to top CEOs

Gold gains on soft dollar, rate cut hopes

Stock market today: S&P 500 rises for 4th day, Disney sinks 9% after earnings

Toyota to get an earnings lift from hybrids as EV hype cools

GLOBAL MARKETS-Asia shares rally on Fed cut bets; yen pares gains

3 Growth Companies With High Insider Ownership And At Least 12% Revenue Growth

Cross-border sources account for 46.5% of Singapore’s inbound real estate investment in 1Q2024, highest in Apac: Knight Frank

I’m a Financial Advisor: These Are the 6 Biggest Money Mistakes People Make in Their 50s

EMERGING MARKETS-Asian stocks extend gains on Fed rate cut optimism, FX down on firm dollar

Micron Stock Gets an Upgrade From a Longtime Skeptic

FOREX-Yen drops despite intervention threat, Aussie slides after RBA