Shopify stock slumps after the e-commerce company posts a surprise loss and warns that the sale of its logistics business will weigh on second-quarter revenue growth, Uber swings to a first-quarter loss, and Lyft’s quarterly revenue jumps 23%.
While the Nasdaq Composite is at a record high, some experts believe that a shift is coming in the market.
With the REIT sector in the doldrums for the past two years, is there light at the end of the tunnel? The post Are Singapore REITs Attractive Right Now? Here are 4 Factors You Should Watch Out for appeared first on The Smart Investor.
Mapletree Investments, a real estate firm owned by Singapore state investor Temasek Holdings, recorded a loss for the first time in two decades, after bearing the brunt of a global commercial property downturn.
Stock markets fell Wednesday as investors locked in profits after indicators and comments from central bankers further dented hopes for interest rate cuts.Among individual stocks, Anglo American shares fell 5.2 percent in London after the mining giant rejected a request from BHP to extend a Wednesday deadline for takeover talks, with BHP saying later it would not be making another offer.
The increase of AI investment has continued to boost optimism over Nvidia's growth as the chipmaker continues its record-setting stock rally.
Bitcoin prices slip after a number of wallets linked to Mt. Gox moved billions worth of Bitcoin into a single wallet Tuesday.
Google plans to invest $2 billion in Malaysia, developing its first data center and a Google Cloud hub in the latest big foray by a U.S. tech giant in the Southeast Asian country. The news follows Microsoft's recent announcement that it would put $2.2 billion over the next four years into building Malaysia’s new cloud and artificial intelligence infrastructure. Prime Minister Anwar Ibrahim hailed Google’s investment as a sign of faith in Malaysia’s governance and economy.
Apple stock has been making a comeback lately, and the artificial-intelligence upgrade coming for iPhones will drive shares even higher, said BofA Securities. Shares of Apple had a challenging start to the year as investors digested reports of weak demand in China and awaited for generative artificial-intelligence updates. It seemed that every other tech company was releasing its plans to get ahead in the GenAI race, but Apple has yet to announce any major updates.
A spike in Treasury yields has unsettled investors already weighing whether recent data will shift the needle on interest rates.
Having unneeded money in the financial system could exacerbate inflation just as Fed officials await evidence that price gains are slowing down before cutting interest rates.
Nelson Peltz cashed out his shares of Disney shortly after the activist investor lost his bid to win seats on the Mouse House’s board, according to a CNBC report Wednesday. Peltz sold all of his Disney stock at “close to $120 dollars a share,” making about $1 billion on the sale, CNBC reported, citing an …
Normally, when Nvidia stock goes up, so does the market. That wasn't the case this past earnings season.
The Dow Jones Industrial Average (^DJI) fell a whopping 411 points in a challenging day for the market indices. The Nasdaq Composite (^IXIC) fell 99 points, below its landmark 17,000, and the S&P 500 (^GSPC) slipped back under 5,300. Market Domination Overtime's Julie Hyman reviews the day's market performance and its relationship with 10-year Treasury yields (^TNX), joined by Senior Markets Reporter Jared Blikre who examines the widespread sector losses seen in Wednesday's session. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Luke Carberry Mogan.
Revenue grew by 78.6% y-o-y, reaching a record US$220.8 million in FY2024.
Earnings season is winding down and a strange confluence of events is occurring – the economy is softening, but corporate profits are accelerating.
We recently compiled the list of the 12 Best Quantum Computing Stocks To Buy according to the hedge funds using the latest sentiment data. In this article, we are going to take a look at where NVIDIA Corporation (NVDA) stands against the other quantum computing stocks. These days, artificial intelligence is one of the hottest […]
Oil prices rose Tuesday on tensions in the Middle East while stock markets wavered as investors awaited key inflation data later this week. "Risk sentiment has faltered in recent weeks, and global stock markets have experienced a mild sell off as the focus shifts to a plethora of economic data that is released this week," said XTB research director Kathleen Brooks.
Having a solid plan can keep you on track for your retirement goals, but just because you have one now doesn't mean you never need to update it. In fact, if you want to ensure you can retire on your...
Austan Goolsbee, President of the Chicago Federal Reserve Bank, highlighted that consumer delinquencies are among the most worrisome economic indicators currently being monitored. His concerns now appear prescient as new data reveal a significant uptick in delinquency rates in the first quarter of 2024. "If the delinquency rate of consumer loans starts rising, that is often a leading indicator that things are about to get worse," Goolsbee stated. Recent figures from the Federal Reserve published
HP Inc. (NYSE:HPQ) is scheduled to release earnings results for its second quarter, after the closing bell on Wednesday. Analysts expect the Palo Alto, California-based company to report quarterly earnings at 81 cents per share, up from 80 cents per share in the year-ago period. HP is projected to report quarterly revenue of $12.6 billion, according to data from Benzinga Pro. On May 21, Barclays analyst Tim Long upgraded the rating for HP from Underweight to Equal-Weight, while increasing the pr
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