Yahoo Finance FedEx Earnings Were a Nice Surprise. The Stock Pops.
The logistics company reports a profit of $5.41 a share from sales of $22.1 billion. Wall Street was looking for EPS of $5.34 from sales of $22 billion.
The logistics company reports a profit of $5.41 a share from sales of $22.1 billion. Wall Street was looking for EPS of $5.34 from sales of $22 billion.
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.
As the global financial landscape evolves, Singapore's market is uniquely positioned to capitalize on emerging trends such as the tokenisation of trade finance assets. This shift towards digital assets highlights a broader transformation in investment opportunities and market dynamics. In this context, identifying stocks that are potentially undervalued becomes crucial, as they may offer significant growth potential amidst these transformative economic conditions.
We profile three Singapore REITs that sold properties recently and assess how such moves will impact the REIT’s asset base and distribution per unit. The post 3 Singapore REITs That Announced Divestments Recently: Should Income Investors Pay Attention? appeared first on The Smart Investor.
Before we read too much into Nvidia’s £400bn share price slide, let’s put it in context.
As the Singapore market navigates the burgeoning field of tokenised real-world assets, with projections pointing to significant growth in trade finance assets, investors are keenly observing opportunities that align with these evolving trends. In this dynamic environment, dividend stocks that offer stability and consistent returns are particularly appealing, providing a contrast to the nascent and rapidly evolving sector of tokenised assets.
Chan San San is appointed CEO of Prudential SIngapore, reporting to Dennis Tan, MD of Strategic Business Group, a regional role
As digital solutions like Visa's new emergency card service reshape financial interactions globally, the Singapore market is also experiencing shifts that reflect broader technological advancements and consumer behavior changes. In this dynamic environment, dividend stocks such as Multi-Chem offer investors potential stability and regular income, qualities that are increasingly valuable in rapidly evolving markets.
Faced with uncertainty, Fed officials are offering various scenarios for the economy and interest rates.
The Fed got another positive signal that inflation is easing after running hotter-than-expected in the first quarter, but the central bank still likely needs more time before cuts can begin in 2024.
A sell-off in Micron put a dent in the AI bullishness that has fueled the tech-driven rally, as investors eye fresh economic data.
(Reuters) -Micron Technology beat estimates for third-quarter revenue on Wednesday driven by strong demand for its memory chips, but its current-quarter forecast disappointed investors who were upbeat about the chipmaker's performance in the AI boom. The stock had risen 13% this month, ahead of earnings, on investor optimism that Micron would benefit from AI-driven demand. "Micron's largely inline forecast may have been good enough two or three months ago, but is not enough to meet current lofty hopes, especially after a 67% year-to-date rally in its share price," said Michael Schulman, chief investment officer at Running Point Capital.
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.
ZURICH (Reuters) -UBS is shaking up its wealth-management arm, the bank's flagship business, to boost its offerings to ultra-rich clients, the division's new co-leaders said in their first internal memo sent on Thursday and seen by Reuters. UBS will create a new unit from July 1, named GWM Solutions, to integrate various client offerings, such as investment management, lending, family and institutional wealth management and alternative investments, the memo from Rob Karofsky and Iqbal Khan said. The unit will be led by former Credit Suisse banker Yves-Alain Sommerhalder who will be based in Zurich and New York and report to Karofsky and Khan.
Investing.com-- Most Asian stocks fell on Thursday as technology shares tracked weakness in their U.S. peers following underwhelming guidance from chipmaking major Micron.
Wall Street stocks climbed Friday after data showing cooling US inflation raised hopes of an interest-rate cut, while French equities slid before a weekend election that could see strong gains for the far right.Wall Street stocks advanced, the Dow adding 0.2 percent.
Zacks.com users have recently been watching Sea Limited (SE) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Nvidia Corp (NASDAQ:NVDA) shares are trading lower Thursday in sympathy with Micron Technology Inc (NASDAQ:MU) after the company reported third-quarter financial results and issued guidance on Wednesday. Nvidia’s shareholders have approved all resolutions, including the compensation packages for CEO Jensen Huang. Huang’s compensation package for the 2024 fiscal year was approximately $34 million, marking a 60% increase from the previous year, CNBC reports. Also Read: For Every $1 Spent On Nvidia
From what we can see, insiders were net sellers in Citigroup Inc.'s ( NYSE:C ) during the past 12 months. That is...
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.
Almost every financial advisor you meet will ask if you have an emergency fund in place. You know what the unfortunate thing is? Too many Singaporeans don’t have one! If... The post Why Every Singaporean Needs an Emergency Fund—And How You Can Build Yours appeared first on MoneySmart Blog.