GameStop Stock Plummets as CEO Ryan Cohen Speaks of Plan to Cut Costs
The CEO said the videogame retailer plans to cut costs and scale back its network of physical stores, but it wasn’t enough to stem a slide in the stock.
The CEO said the videogame retailer plans to cut costs and scale back its network of physical stores, but it wasn’t enough to stem a slide in the stock.
These four Singapore stocks are seeing their share prices shooting up, but can they continue to do so? The post Share Prices of These 4 Singapore Stocks Are Hitting Their 52-Week Highs: Can They Continue Their Run? appeared first on The Smart Investor.
We recently compiled a list of the 30 Wealthiest People in Singapore and in this article, we will look at the richest person in Singapore. An Outlook of the Singaporean Economy According to the Ministry of Trade and Industry (MTI), the Singaporean economy rose at a more rapid pace than expected in Q1 2024. The GDP […]
If you desire a mix of stability and high yield, these four blue-chip stocks should be suitable for your portfolio. The post 4 Singapore Blue-Chip Stocks Delivering Dividend Yields of 5.6% or More appeared first on The Smart Investor.
After briefly becoming the world's most valuable company Nvidia has now experienced the biggest three-day loss in value of any company ever.
The supermarket retailer’s share price has stayed stagnant in recent months. Can Sheng Siong see a recovery on the horizon? The post Sheng Siong’s Share Price is Languishing Near its 52-Week Low: Can the Retailer Find its Mojo Again? appeared first on The Smart Investor.
Nvidia stock has rocketed 156% so far in 2024, and Jensen Huang has been selling stock through a trading plan. His peers are also selling.
Abercrombie & Fitch’s stock has smoked Nvidia’s in the past year. A strategic makeover under CEO Fran Horowitz is winning fans on Wall Street and Main.
SATS Ltd. ( SGX:S58 ) shareholders should be happy to see the share price up 13% in the last quarter. But over the last...
As the Singapore market continues to evolve, investors are keenly observing trends and shifts that could signal new opportunities. Amidst these developments, identifying stocks that may be trading below their estimated fair value could offer potential for those looking to diversify or optimize their portfolios in current market conditions.
With iFAST’s share price shooting up by 64%, does the fintech have what it takes to reclaim its all-time high of S$10? The post iFAST’s Share Price Surged 64% in the Past Year: Can the Fintech Surpass its All-Time High of S$10? appeared first on The Smart Investor.
Singapore is moving forward with a plan to release the most private housing supply since 2013 even as interest from developers cools.
President Emmanuel Macron's shock snap election has rocked France's bond market, the largest in the euro zone, as a strong showing for the far right and left wing parties in opinion polls exacerbates concerns about fiscal sustainability. Earlier in June, the risk premium France pays for its debt on top of Germany's neared levels last seen in 2012, during the euro zone debt crisis. The question is how much more turmoil the two-round elections on June 30 and July 7 could sow in bond markets.
Key Insights The considerable ownership by individual investors in Singapore Airlines indicates that they collectively...
The U.S. dollar remains the world's primary reserve currency, and neither the euro nor the so-called BRICS countries have been able to reduce global reliance on the dollar, a new study by the Atlantic Council's GeoEconomics Center shows. The group's "Dollar Dominance Monitor" said the dollar continued to dominate foreign reserve holdings, trade invoicing, and currency transactions globally and its role as the primary global reserve currency was secure in the near and medium term. Dollar dominance — the outsized role of the U.S. dollar in the world economy — has been strengthened recently given the robust U.S. economy, tighter monetary policy and heightened geopolitical risks, even as economic fragmentation has strengthened a push by BRICS countries to shift into other international and reserve currencies.
Broadcom Inc (NASDAQ:AVGO) recently announced significant updates to its VMware Cloud Foundation (VCF), aiming to enhance digital innovation with faster infrastructure modernization, improved developer productivity, and better cybersecurity at a low total cost of ownership. The latest advancements in VCF support customers’ needs by integrating enterprise-class computing, networking, storage, management, and security across various environments. The new VCF Import functionality allows seamless in
Bitcoin and other cryptocurrencies were mixed early Tuesday after a steep selloff the previous day. The market is still digesting the pending refund of assets from the collapsed Mt. Gox crypto exchange. Bitcoin fell sharply from levels of around $64,000 on Monday after news that Mt. Gox’s trustee will begin to return more than $8.5 billion of the crypto owed to creditors from the beginning of July.
Stocks are hoping to add a punchline to what's been a high-flying quarter thus far.
Though your pre-retirement income alone isn't enough to determine if you'll retire comfortably, it certainly plays a role. For example, if you're earning a middle-class salary, the amount you allocate...
LONDON (Reuters) -European stock markets turned lower on Wednesday as the market braced for a French election and a key U.S. inflation reading, while the yen tumbled to its lowest since 1986, keeping traders on alert for possible intervention by Japan's central bank. Risk sentiment in Europe worsened through the European morning with markets still sensitive to the global monetary policy outlook, and a jump in consumer inflation in Australia overnight did little to soothe nerves. The pan-European STOXX 600 was last down 0.4% after earlier touching its highest level since June 13, shortly after French President Emmanuel Macron announced the snap parliamentary election.
The stock has fallen back from recent highs but BoA Securities analyst Vivek Arya is raising his target price.