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.
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.
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.
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.
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.
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.
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
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.
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.
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.
(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.
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.
Faced with uncertainty, Fed officials are offering various scenarios for the economy and interest rates.
Stocks are hoping to add a punchline to what's been a high-flying quarter thus far.
We recently published a list of the Big Tech Funds are Buying These 10 AI Stocks. Since Advanced Micro Devices, Inc. (NASDAQ:AMD) ranks 8th on the list, it deserves a deeper look. As mega-cap technology stocks continue to soar to new highs, the number of Wall Street analysts highlighting the “concentration of gains” problem are increasing. It’s […]
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.
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