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.
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, dollar gains as rate cut outlook dims
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.
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.
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.
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.
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.
Simply Wall St.
Olam Group (SGX:VC2) investors are sitting on a loss of 15% if they invested five years ago
Olam Group Limited ( SGX:VC2 ) shareholders should be happy to see the share price up 27% in the last quarter. But if...
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.
GOBankingRates
I’m a Retirement Expert: 5 Things I Plan To Do in the 5 Years Leading Up to Retirement
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...
Reuters
Apple's iPhone sales in China jump 52% in April, data shows
Apple's smartphone shipments in China rose 52% in April from a year ago, extending a rebound seen in March, according to data from a research firm affiliated the Chinese government. The jump follows a weak performance by the U.S. tech giant in the world's biggest smartphone market earlier this year amid intensifying competition in the high-end smartphone category from local rivals like Huawei. Shipments of foreign-branded phones in China increased by 52% in April to 3.495 million units from 2.301 million a year earlier, data from the China Academy of Information and Communications Technology (CAICT) showed on Tuesday.

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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

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, dollar gains as rate cut outlook dims

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

Alibaba Health surges 13% on strong FY earnings

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

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

Olam Group (SGX:VC2) investors are sitting on a loss of 15% if they invested five years ago

Salesforce Reports Earnings Today. Expectations Are Low.

I’m a Retirement Expert: 5 Things I Plan To Do in the 5 Years Leading Up to Retirement

Apple's iPhone sales in China jump 52% in April, data shows