Stocks were on pace for modest gains on Monday as traders braced for a week packed with economic data, key earnings reports and a Federal Open Market Committee meeting. The Dow Jones Industrial Average was up 64 points, or 0.2%. The Nasdaq Composite rose 0.2%.
The mystery is over: Warren Buffett’s Berkshire Hathaway disclosed a major stake in the insurance company Chubb, finally revealing the investment he has kept under wraps since last year.
In recent developments, the Singapore market has shown a keen interest in innovative sectors, highlighted by Mastercard's inclusion of Singapore-based peaq in its Start Path program focusing on blockchain and cryptocurrency. This move underscores a broader acceptance and integration of emerging technologies within the local economic landscape. In this context, identifying dividend stocks that not only offer attractive yields but also demonstrate resilience and adaptability to new market...
The company made the announcement in its fourth quarter report
Announcement of the contract win came a day after Seatrium and four other counters were removed from a key market index
These product releases just reaffirmed how massively this technology is going to change our lives
We feature four attractive industrial REITs sporting distribution yields of 6.6% or higher. The post 4 Singapore Industrial REITs with Dividend Yields of 6.6% or More appeared first on The Smart Investor.
(Reuters) -Grab Holdings raised its full-year profit forecast on Wednesday after reporting a higher-than-expected quarterly revenue, driven by recent cost-reduction measures and robust demand for its ride-share services. A significant restructuring at Grab, which included reducing 1,000 jobs and slashing some technology costs in 2023, is helping the company push ahead in its goal to deliver positive free cash flow this year. In an interview with Reuters, CFO Peter Oey said a surge in Southeast Asian tourism, along with an increase in corporate events and concerts in the last quarter, bolstered the demand for ride-share services.
Investing.com-- Alibaba Group's (HK:9988) (NYSE:BABA) Hong Kong shares rallied to a seven-month high on Friday after Michael Burry’s investment firm hiked its stake in the e-commerce giant and several of its Chinese peers.
Stocks edged higher on Wednesday as investors digested fresh readings on inflation and consumer spending.
April's CPI report is one of the most important data points the Federal Reserve will consider in its next interest rate decision.
April's annual U.S. inflation numbers met expectations but were lower than the month before, fuelling confidence that the Federal Reserve will cut interest rates in September and again in December - driving rallies in stocks and bonds and pressuring the dollar. At the same time, even though markets price European rate cuts beginning in June, recent data has shown some upside surprises.
While consensus Wall Street forecasts call for the chip maker to report first-quarter revenue of $24.51 billion, it will likely need to beat that for the stock to rise significantly.
The stock was the second worst performing among crypto stocks on Thursday.
How long will $300,000 last in retirement? The answer to that depends on a variety of things: your lifestyle, your lifespan, your investments and any other income you have, to start. Let's break down whether $300,000 is enough for your … Continue reading → The post How Long Will $300,000 Last in Retirement? appeared first on SmartAsset Blog.
Financial Analyst and YouTuber Kevin Paffrath joins Market Domination to discuss Tesla’s (TSLA) stock valuation and what to expect from the company by the end of the year. “My rule of thumb this year is patience for 2024,” Paffrath says, pointing to factors like the election and CEO Elon Musk’s posts on X that make Tesla a “tough” stock. “I’d like to get past not only the election — because then I think we’re going to see politics cool a little bit from the Elon point of view — but we’ll also have gotten past the shareholder vote. We’ll have gotten past the robotaxi event. We'll see how much adoption we actually get for full self-driving, ” he explains. Paffrath also says he’ll be closely watching how much cash Tesla will have by the end of the year: “I think there’s definitely a massive cash problem and that’s why I’m just saying patience this year.” For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Melanie Riehl
Today we're going to take a look at the well-established Advanced Micro Devices, Inc. ( NASDAQ:AMD ). The company's...
Singapore Airlines on Wednesday posted a record annual profit and raised its dividend, reflecting strong travel demand in North Asia, but flagged geopolitical woes, supply chain snags and fierce competition as challenges facing the sector. Singapore Airlines said the demand for air travel remained "healthy" in the first quarter of fiscal 2024-2025 on the back of a pick up in forward bookings in North and South East Asia. It also declared a final dividend of 38 Singapore cents apiece, higher than the 28 Singapore cents a year ago.
Gold prices appeared set for a second consecutive weekly gain on Friday, after recent U.S. inflation data fuelled expectations that the Federal Reserve could cut interest rates twice this year, weighing on the dollar and Treasury yields. Spot gold was up 0.4% at $2,384.86 per ounce, as of 0650 GMT. Bullion prices have gained 1% so far this week, having hit one-month highs in the last session.
As the Singapore market continues to innovate, with recent developments like the collaboration between Mastercard and Standard Chartered exploring tokenised deposits and carbon credits, there is a growing interest in financial technologies that could reshape investment landscapes. In this dynamic environment, dividend stocks remain a cornerstone for investors looking for stable returns, particularly those yielding starting from 4.9%, which can offer a blend of reliability and potential growth...
Asian markets go into Friday's session looking to end a strong week on a positive note, and there appears to be no obvious reason why the recent upswing should reverse unless investors opt for a bout of profit taking ahead of the weekend. China's monthly 'data dump', when Beijing simultaneously lands several top-tier economic indicators, could go a long way to setting the market tone across Asia on Friday. Wall Street ended a touch lower on Thursday, but not before the Dow Jones Industrials hit 40,000 points for the first time, while the dollar and bond yields ticked higher.
Yahoo Finance