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
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.
Bloomberg
Temasek’s Mapletree posts first loss since 2004 on office slump
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.
AFP News
Stocks slide, 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.
Yahoo Finance
Nvidia stock leaps to latest record — thanks to Elon Musk
The increase of AI investment has continued to boost optimism over Nvidia's growth as the chipmaker continues its record-setting stock rally.
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.
Associated Press
Google to invest $2 billion in Malaysian data center and cloud hub
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.
Barrons.com
Buy Apple Stock, Analyst Says. AI-Powered iPhones Will Be a ‘Once In a Decade’ Event.
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.
Yahoo Finance
Stock market today: Dow leads stock market 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.
INSIDER
China's quest to turn the yuan into a global currency isn't actually driven by domination. It's about sanctions.
In a recent global survey of 1,660 enterprises, many respondents said their trading partners were unwilling to use the Chinese yuan.
Yahoo Finance
Why Nvidia's stock surge doesn’t bode well for the market
Normally, when Nvidia stock goes up, so does the market. That wasn't the case this past earnings season.
Yahoo Finance Video
Dow falls 411 points, energy is biggest loser amid M&A deals
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.
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
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.
Yahoo Finance
Stock market today: Dow futures slide again as rates fears prey on nerves
Lngering concerns about higher-for-longer interest rates and a Salesforce sell-off put a dampener on investors' spirits.
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.
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.
Reuters
Salesforce shares tumble as soft cloud demand hurts forecasts
(Reuters) -Salesforce forecast second-quarter profit and revenue below Wall Street estimates on Wednesday due to weak client spending on its cloud and enterprise business products, sending its shares down more than 16% after the bell. Salesforce's forecast pointed to clients scaling back spending as the possibility of higher-for-longer interest rates and elevated inflation prompt them to keep costs under control. The company guided its quarterly revenue in the single digits, the slowest pace in its history, according to analysts, indicating that the cloud firm's growth has begun to slow after years of breakneck progress.
MoneySmart
Is Upgrading From an HDB to a Condo a “Must” to Build Wealth? We Rate Advice From Reddit
The acronym “HDB” can deliver a range of emotions for any Singaporean looking to get their hands on the local housing ladder. That’s because the process to get one is... The post Is Upgrading From an HDB to a Condo a “Must” to Build Wealth? We Rate Advice From Reddit appeared first on MoneySmart Blog.

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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.

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

Temasek’s Mapletree posts first loss since 2004 on office slump

Stocks slide, dollar gains as rate cut outlook dims

Nvidia stock leaps to latest record — thanks to Elon Musk

Bitcoin Slips. Why the Market Is Nervous.

Google to invest $2 billion in Malaysian data center and cloud hub

Buy Apple Stock, Analyst Says. AI-Powered iPhones Will Be a ‘Once In a Decade’ Event.

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

China's quest to turn the yuan into a global currency isn't actually driven by domination. It's about sanctions.

Why Nvidia's stock surge doesn’t bode well for the market

Dow falls 411 points, energy is biggest loser amid M&A deals

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

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

Stock market today: Dow futures slide again as rates fears prey on nerves

Oil rises, stock markets mixed before key inflation data

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

Salesforce shares tumble as soft cloud demand hurts forecasts

Is Upgrading From an HDB to a Condo a “Must” to Build Wealth? We Rate Advice From Reddit