As the big drugmaker tries to turn its fortunes around by focusing on oncology, it has turned to a Citi analyst who hasn’t recommended the stock in over a decade. But Andrew Baum has something Pfizer needs: oncology expertise.
Here's what he predicts for Nvidia.
Loo’s latest purchase brings his total stake (direct and deemed interest) in Raffles Medical Group to 54.58%.
The project is expected to be completed by the third quarter of 2027.
These three stocks have performed impressively this year, but could there be more upside for the remainder of 2024? The post Share Prices of These 3 Singapore Stocks Shot Up 36% or More Year-to-Date: Can Their Run Continue? appeared first on The Smart Investor.
The Federal Reserve held interest rates at a 23-year high Wednesday while scaling back its estimate of rate cuts this year to one.
Nvidia and a handful of other U.S. stocks have become almost synonymous with artificial intelligence. But investors willing to venture into emerging markets can find companies that are also critical for making AI a reality—at bargain prices compared with many stateside options. Companies cashing in on AI include those in Taiwan, South Korea, and parts of southeast Asia. “If you are looking for AI, emerging markets is the place to look,” says Anthony Sassine, senior investment strategist for Krane Funds Advisors.
Berkshire Hathaway CEO Warren Buffett appears to be taking advantage of a drop in the price of the energy company’s shares.
After a cooler-than-expected inflation reading on consumer price increases in May, investors are turning focus to the Federal Reserve decision at 2 p.m. ET.
The multi-billionaire had campaigned for the payout, which is worth up to $56bn.
Apple stock is soaring this week, thanks to the artificial intelligence strategy the tech company announced Tuesday. Hedge funds might be helping, too—and both factors can push Apple shares even higher.
Keith Gill, the stock influencer known as Roaring Kitty, updated his holding of GameStop on Thursday to show he now owns 9 million shares of the company, up from 5 million at the start of the week. Gill's update, posted on Reddit after the close of trading, showed the value of his position at $262.1 million. Gill who helped launch the meme-stock phenomenon in 2021, recently disclosed a sizeable GameStop stock and options position in a screen shot posted on Reddit on June 2.
In Singapore, retirement is always something we crave. While not all of us will be FIRE fanatics, we do want to plan for having more of that cash money when... The post Here’s Everything You Should Know About the Supplementary Retirement Scheme (SRS) Account appeared first on MoneySmart Blog.
Here are three favorably valued top-rated tech stocks to consider after being added to the Zacks Rank #1 (Strong Buy) list on Wednesday.
In recent developments, the global financial landscape is witnessing significant technological advancements, as illustrated by major banks like Santander rolling out sophisticated cloud-based platforms. This trend underscores the importance of innovation and adaptability in today's dynamic market environment. In this context, selecting dividend stocks that not only offer attractive yields but also demonstrate resilience and strategic foresight in adapting to new technologies is crucial for...
U.S. Securities and Exchange Commission Chair Gary Gensler said that the final approvals for exchange-traded funds (ETFs) trading Ethereum's ether {{ETH}} should be finished this summer, he told senators in a budget hearing on Thursday.
The US Federal Reserve left its key lending rate unchanged on Wednesday and penciled in just one rate cut this year, down from the three expected in March after inflation stalled in the first quarter. FOMC participants penciled in a median of four quarter percentage-point cuts for next year, and an additional four in 2026.
European stock markets slid and the euro retreated Friday on lingering concerns over France's looming snap election, called after President Emmanuel Macron's party lost to the far right in last weekend's EU vote.Macron on Sunday stunned France by calling snap legislative elections for June 30, with a second round on July 7, after Marine Le Pen's far-right National Rally scored more than double the number of votes of his centrist alliance.
Soft landing hopes that have powered U.S. stocks this year received a boost following encouraging inflation data and a nod from the Federal Reserve at progress made in fighting consumer prices. Expectations for a so-called soft landing, in which the Fed is able to tame inflation and eventually cut interest rates while growth remains resilient, have been a key factor in the S&P 500's march to record highs in 2024. A string of higher than expected inflation prints challenged that narrative earlier this year.
General Motors (GM) boosts share buyback, slashes sales and production guidance for all-electric vehicles and invests $850 million in Cruise.
KNBWY, CPF and CMRE made it to the Zacks Rank #1 (Strong Buy) income stocks list on June 13, 2024.
Yahoo Finance