Adobe surges after the software company tops earnings estimates and boosts fiscal-year guidance, cruise stocks fall on pricing concerns, and Tesla declines after shareholders reapprove Elon Musk’s pay package.
The REIT sector may be facing headwinds, but these four REITs should provide you with peace of mind. The post Worried About Troubles in the REIT Sector? These 4 Singapore REITs Should Provide Peace of Mind appeared first on The Smart Investor.
Positive developments in inflation data have Wall Street feeling more positive about the outlook for stocks into the end of the year.
If you are looking for dependable blue-chip stocks, you should turn your attention to these four. The post Searching for Solid Singapore Blue-Chip Stocks? These 4 Could be Perfect for Your Portfolio appeared first on The Smart Investor.
Argus Research analyst Joseph Bonner says the provider of data-analytics software stands to benefit from growing sales to commercial clients.
Usually, when one insider buys stock, it might not be a monumental event. But when multiple insiders are buying like...
In recent times, the Singapore market has faced a backdrop of global financial uncertainties, highlighted by significant events such as the collapse of Terraform Labs which reverberated through the cryptocurrency and broader financial sectors. Such turbulent conditions underscore the importance of stability and reliability in investment choices, qualities often attributed to high-yield dividend stocks.
In recent times, the Singapore market has mirrored global economic trends, showing resilience amid fluctuating interest rates and varying corporate profit rates. As investors seek value in a landscape where public corporations face declining profits relative to their privately held counterparts, identifying undervalued stocks becomes crucial for those looking to optimize potential returns.
The main aim of stock picking is to find the market-beating stocks. But even the best stock picker will only win with...
Elon Musk's investments in AI have already netted him billions, but another, more traditional asset class is gaining traction. This year, AI provided a significant, albeit potentially fleeting, boost to the stock market, especially benefiting tech giants like Nvidia and Google. However, amid the hype surrounding AI companies, Elon Musk is turning his attention to a more established segment of the market. He’s not alone in this shift; recently, the Rothschilds sold this asset to the Dutch governm
Alibaba (BABA) closed at $74.55 in the latest trading session, marking a +1.64% move from the prior day.
We recently published a list of the 8 Best AI PC Stocks to Buy Now. Since NVIDIA Corporation (NYSE:NVDA) ranks 2nd in 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 catalyst […]
"Adidas takes allegations of possible compliance violations very seriously and is clearly committed to complying with legal and internal regulations and ethical standards in all markets where we operate," it said in a statement. Adidas shares were down 4% at 216 euros by 1030 GMT. The claims "highlight the challenges many companies face in maintaining consistent oversight and control of their digital operations in the Chinese market," said Jacques Roizen, managing director of China consulting at Digital Luxury Group in Shanghai.
Singapore's global investment company Temasek said on Tuesday it has agreed to sell 100% of its shares in liquefied natural gas (LNG) trading firm Pavilion Energy to Shell. The announcement confirmed a Reuters' report last Thursday saying Temasek was finalising the Pavilion Energy sale to Shell in the coming days in a deal worth hundreds of millions of U.S. dollars. Temasek did not disclose financial details of the sale in the statement.
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 […]
Hong Kong investment products such as insurance and high-yield time deposits are seeing resurgent demand from wealthy Chinese who are aiming to shield returns from a domestic economic and property sector downturn and also a weaker currency. The trend became evident last year but has accelerated in recent months after China relaxed investment rules for the 'wealth connect' programme in February, Hong Kong wealth managers said. It is sparking a scramble among financial firms in Hong Kong to seize the opportunity and should help the city burnish its status as a wealth hub that has been hit in recent years by pro-democracy protests, Beijing's tighter control, and geopolitical tensions.
Major stock markets made solid gains and the dollar firmed Tuesday after more tech-driven record highs on Wall Street and as investors awaited fresh US economic data for a better handle on the outlook for inflation.Investors brushed aside data Tuesday showing German investor confidence rose less than expected in June after Europe's top economy saw an uptick in inflation following months of decline.
A consortium of U.S. investment firm KKR and Singapore Telecommunications will invest S$1.75 billion ($1.3 billion) in ST Telemedia Global Data Centres, one of Asia's biggest data centre providers, the parties said on Tuesday. Reuters reported in late May that the KKR-SingTel consortium had emerged as the frontrunner to buy a minority stake worth some $1 billion in Singapore-based ST Telemedia Global Data Centres (STT GDC).
BEIJING (Reuters) -China's May industrial output lagged expectations and a slowdown in the property sector showed no signs of easing despite policy support, adding pressure on Beijing to shore up growth. Apart from retail sales that beat forecasts due to a holiday boost, the flurry of data on Monday was largely downbeat, underscoring a bumpy recovery for the world's second-largest economy. May industrial output grew 5.6% from a year earlier, National Bureau of Statistics (NBS) data showed, slowing from the 6.7% pace in April and below expectations for a 6.0% increase in a Reuters poll of analysts.
Microsoft, Nvidia, Google, Amazon.com, and Meta Platforms have collectively surged by 45% and now comprise 25% of the S&P 500 equity cap, the brokerage wrote in a note after markets closed on Friday. The upgraded target reflects an upside of about 3.1% to the index's last close of 5,431.60. The brokerage expects roughly unchanged real yields by the year-end and strong earnings growth to support a 15x P/E for the equal-weight S&P 500 Index.
KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 18 June 2024 - Kenanga Investment Bank Berhad has appointed Angeline-Ong Su Ming as its Independent Non-Executive Director with effect from 4 June 2024. Angeline-Ong Su Ming, Independent Non-Executive Director of Kenanga Investment Bank Berhad A seasoned banker with 24 years of experience in wholesale banking, Angeline-Ong brings with her, vast experience and expertise in corporate finance, market risk management, derivative sales and structurin
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