Nvidia stock did an about-face on Thursday, dipping 3.5% into the red and closing just below Microsoft on the list of largest companies by market cap. Nvidia started out with gains, on track to cement its lofty position. The chip maker had passed Microsoft and Apple in terms of market value on Tuesday, closing up 3.5%.
After 7 years of working for Nvidia’s CEO Jensen Huang, the chipmaker's outgoing VP said that her boss taught her about the importance of first principles thinking, zero-billion dollar markets and speed-of-light execution.
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 […]
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.
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.
Before we read too much into Nvidia’s £400bn share price slide, let’s put it in context.
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.
Technical market indicators show Alibaba stock is primed for a rally that could shake shares in the Chinese tech giant out of their funk—if only there were a catalyst. Geopolitical tensions or trade talks could be the ticket, or a risk. Alibaba stock continues to languish, down more than 1% so far this year—badly lagging behind the index as well as Hong Kong’s benchmark—and sliding more than 8% in the past month.
As digital solutions like Visa's new emergency card service reshape financial interactions globally, the Singapore market is also experiencing shifts that reflect broader technological advancements and consumer behavior changes. In this dynamic environment, dividend stocks such as Multi-Chem offer investors potential stability and regular income, qualities that are increasingly valuable in rapidly evolving markets.
Faced with uncertainty, Fed officials are offering various scenarios for the economy and interest rates.
Savers have been urged to seize a “golden opportunity” to lock their cash away for longer before interest rates begin to fall in the coming months.
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.
As the global payment landscape evolves with initiatives like the European Payments Initiative, investors may find stability and potential growth in dividend stocks amidst market fluctuations. In Singapore, where financial markets are known for their robustness, dividend stocks such as Hour Glass can offer investors a blend of income and relative security in uncertain times.
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
(Reuters) -Micron Technology beat estimates for third-quarter revenue on Wednesday driven by strong demand for its memory chips, but its current-quarter forecast disappointed investors who were upbeat about the chipmaker's performance in the AI boom. The stock had risen 13% this month, ahead of earnings, on investor optimism that Micron would benefit from AI-driven demand. "Micron's largely inline forecast may have been good enough two or three months ago, but is not enough to meet current lofty hopes, especially after a 67% year-to-date rally in its share price," said Michael Schulman, chief investment officer at Running Point Capital.
Stocks are hoping to add a punchline to what's been a high-flying quarter thus far.
Shares of Nvidia (NVDA) are bouncing back after dropping for three straight sessions. While some on Wall Street believe the dip is "overblown", could it be time to get out of chip stock before any more uncertainty persists? Neuberger Berman Senior Research Analyst Daniel Flax joins Catalysts to give insight into Nvidia's recent performance and what investors need to consider when keeping Nvidia in their portfolios. Flax expounds upon what he takes into consideration for tech companies: "There are a number of factors when we model the company, we go through each one of their businesses. The most important one is the data center business, where you're seeing very, very strong demand for their systems. Also on the networking side, growth is very, very healthy there as well. And so you're trying to balance healthy demand with, of course, supply, which is constrained. Now I expect the supply chain and Nvidia and its partners to continue to make progress on improving supply over the next several quarters, but that is a gating factor..." For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Nicholas Jacobino
We recently published a list of the 8 Best AI PC Stocks to Buy Now. Since Arm Holdings Plc (NASDAQ:ARM) ranks 8th on the list, it deserves a deeper look. When the AI revolution began with the launch of ChatGPT, no one would have thought that down the road it would bring a huge growth […]
Investing.com-- Most Asian stocks fell on Thursday as technology shares tracked weakness in their U.S. peers following underwhelming guidance from chipmaking major Micron.
Mainboard-listed Hongkong Land will invest over US$400 million to expand and upgrade its retail portfolio at The Landmark.
LONDON (Reuters) -European stocks fell on Thursday as traders were cautious ahead of key inflation data, while markets were also on alert for signs of Japanese authorities intervening in the yen after further declines in the currency. Investors have become more worried about inflation following a surprise jump in inflation data in Australia on Wednesday and in Canada on Tuesday. Equity markets were also hit by falling semiconductor stocks, after investors were disappointed by chipmaker Micron Technology's revenue forecast on Thursday.
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