Uber Slumps, Lyft Soars. Why the Ride-Sharing Stocks Are Headed in Opposite Directions.

Barrons.com
Fed Rate Cuts Are Coming. Get Ready for the Stock Market’s Next Phase.
While the Nasdaq Composite is at a record high, some experts believe that a shift is coming in the market.
The Smart Investor
4 Singapore Blue-Chip Stocks with the Potential to Grow Their Profits
Here are four blue-chip stocks that may see their profits rising in due course. The post 4 Singapore Blue-Chip Stocks with the Potential to Grow Their Profits appeared first on The Smart Investor.
The Smart Investor
Are Singapore REITs Attractive Right Now? Here are 4 Factors You Should Watch Out for
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.
The Smart Investor
5 Singapore Stocks That Increased Their Dividends by 20% or More
Gunning for higher dividends? Here are five stocks that upped their dividends by 20% or more. The post 5 Singapore Stocks That Increased Their Dividends by 20% or More appeared first on The Smart Investor.
Simply Wall St.
City Developments (SGX:C09) investors are sitting on a loss of 19% if they invested five years ago
Ideally, your overall portfolio should beat the market average. But in any portfolio, there will be mixed results...
Reuters
KKR-SingTel consortium frontrunner to buy $1 billion stake in data centre provider, sources say
A consortium of U.S. investment firm KKR and Singapore Telecommunications (SingTel) has emerged as the frontrunner to buy a minority stake worth $1 billion in one of Asia's biggest data centre providers, two sources said. The potential investment in ST Telemedia Global Data Centres (STT GDC) reflects growing interest and demand for data centres across Asia Pacific as nations and companies respond to the boom in artificial intelligence.
The Edge Singapore
Seatrium reports net order book of $25.8 bil in 1QFY2024 business update
Shares in Seatrium closed 18 cents higher or 11.69% up at $1.72 on May 27.
Barrons.com
Bitcoin Slips. Why the Market Is Nervous.
Bitcoin prices slip after a number of wallets linked to Mt. Gox moved billions worth of Bitcoin into a single wallet Tuesday.
Insider Monkey
Forget Magnificent Seven: Hedge Funds are Pouring Money Into This Utility Stock to Cash In On AI Boom
We recently analyzed the top utilities stocks hedge funds are buying to profit from the AI-led boom in the industry. Since Vistra Corp. (NYSE:VST) was part of the list, the stock deserves a deeper look. But first, let’s see why everyone’s taking about AI catalysts for utilities stocks these days. The AI revolution that started with […]
AFP News
Stocks fall as rate cut outlook dims; oil up on attack
Stock markets fell Wednesday as indicators and comments from central bankers further dented hopes for interest rate cuts, while oil kept rising after an attack on a ship in the Red Sea stoked supply worries.In commodity trading, oil prices rose after a bulk carrier was attacked in the Red Sea, a key waterway for tankers shipping crude.
Reuters
Japan net external assets hit record high in 2023, remains world's top creditor
Japan's net external assets rose to a record 471.3 trillion yen ($3 trillion) in 2023, increasing for a sixth straight year, as a weak yen and overseas corporate acquisitions boosted the value of its foreign assets, the Ministry of Finance said on Tuesday. As a result, Japan retained its position as the world's top creditor, followed by Germany with 454.8 trillion of net external assets and China with 412.7 trillion yen as of the end of 2023, according to the ministry. A weak yen, coupled with a rise in direct investment overseas, helped Japan post a 51 trillion yen annual increase in the value of net external assets held by the Japanese government, businesses and individuals.
Yahoo Finance
Stock market today: Dow leads stock slide as rising Treasury yields rattle nerves
A spike in Treasury yields has unsettled investors already weighing whether recent data will shift the needle on interest rates.
South China Morning Post
Hong Kong's rich turn to alternative assets for diversification, returns after stocks and property underperform: survey
Nearly 90 per cent of the high-net-worth investors in Hong Kong intend to increase allocations to alternative assets in pursuit of greater diversification and returns, according to a survey by Endowus. Investors have "reestablished" their view that bonds are an important component in diversified or income-generating portfolios after the US Federal Reserve raised interest rates 11 times from 2022 to 2023, the digital wealth adviser said in its inaugural Private Wealth Insights report published on
AFP News
Oil rises, stock markets mixed before key inflation data
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.
Barrons.com
Salesforce Reports Earnings Today. Expectations Are Low.
When Salesforce reports its April quarter results after Wednesday’s close, Wall Street doesn’t expect to be dazzled. “Expectations are low,” wrote Oppenheimer’s Brian Schwartz in a recent preview. Field checks with sales partners paint a mixed picture of demand for the enterprise software firm’s products, said the analyst.
Investing.com
Alibaba Health surges 13% on strong FY earnings
Investing.com-- Shares of Alibaba Health Information Technology (HK:0241) rose sharply on Tuesday after the firm clocked a sharp jump in its annual earnings on improved margins and strong demand for healthcare services and pharmaceuticals on its platforms.
Reuters
In the Market: In Asia, people ask, how do I derisk from America?
(Reuters) -A European private wealth manager in Hong Kong told me last week he recently got the catalyst he needed to land a Taiwanese billionaire's account: geopolitics. The billionaire was down to two major wealth managers -- UBS and JPMorgan Chase -- after Credit Suisse’s demise last year. In recent years, as the Sino-U.S. saber rattling has increased, I have repeatedly heard from sources in the United States about how companies and investors are de-risking from China, building resiliency in their supply chains, reducing their exposure and putting a higher risk premium to business there.
Benzinga
Jeff Bezos Tells Investors, 'A Single Winning Bet Can More Than Cover The Cost Of Many Losers' — All You Need Is One Win
Jeff Bezos, one of the wealthiest and most successful individuals, often shared valuable lessons in his annual letters to Amazon shareholders before retiring as CEO. While these letters focused on Amazon, they also provided universal insights applicable to investors everywhere. A key piece of advice from Bezos' 2018 letter encapsulates his approach to risk and reward. He wrote, "The good news for shareowners is that a single big winning bet can more than cover the cost of many losers." This stat
The Edge Singapore
Yoma Strategic swings back into the black with FY2024 net profit of US$21.2 mil, core ebitda up 160.5% y-o-y
Revenue grew by 78.6% y-o-y, reaching a record US$220.8 million in FY2024.
CNN Business
Analysts are feeling good about the stock market because of this economic signal
Earnings season is winding down and a strange confluence of events is occurring – the economy is softening, but corporate profits are accelerating.

Straits Times Index

S&P 500

Dow

Nasdaq

Bitcoin USD

CMC Crypto 200

FTSE 100

Gold

Crude Oil

10-Yr Bond

Nikkei

Hang Seng

FTSE Bursa Malaysia

Jakarta Composite Index

PSE Index

Uber Slumps, Lyft Soars. Why the Ride-Sharing Stocks Are Headed in Opposite Directions.

Latest stories

Fed Rate Cuts Are Coming. Get Ready for the Stock Market’s Next Phase.

4 Singapore Blue-Chip Stocks with the Potential to Grow Their Profits

Are Singapore REITs Attractive Right Now? Here are 4 Factors You Should Watch Out for

5 Singapore Stocks That Increased Their Dividends by 20% or More

City Developments (SGX:C09) investors are sitting on a loss of 19% if they invested five years ago

KKR-SingTel consortium frontrunner to buy $1 billion stake in data centre provider, sources say

Seatrium reports net order book of $25.8 bil in 1QFY2024 business update

Bitcoin Slips. Why the Market Is Nervous.

Forget Magnificent Seven: Hedge Funds are Pouring Money Into This Utility Stock to Cash In On AI Boom

Stocks fall as rate cut outlook dims; oil up on attack

Japan net external assets hit record high in 2023, remains world's top creditor

Stock market today: Dow leads stock slide as rising Treasury yields rattle nerves

Hong Kong's rich turn to alternative assets for diversification, returns after stocks and property underperform: survey

Oil rises, stock markets mixed before key inflation data

Salesforce Reports Earnings Today. Expectations Are Low.

Alibaba Health surges 13% on strong FY earnings

In the Market: In Asia, people ask, how do I derisk from America?

Jeff Bezos Tells Investors, 'A Single Winning Bet Can More Than Cover The Cost Of Many Losers' — All You Need Is One Win

Yoma Strategic swings back into the black with FY2024 net profit of US$21.2 mil, core ebitda up 160.5% y-o-y

Analysts are feeling good about the stock market because of this economic signal