Roblox is expected to post 1Q results before the bell Thursday. Analysts also forecast a wider net income loss of $326 million, compared with a loss of $269 million a year ago, and adjusted earnings before interest, taxes, depreciation and amortization of $76 million, up from $53 million. The previous quarter was the first in which Roblox provided guidance.
This was due to a decrease in revenue from its construction business.
As the Singapore market continues to evolve, major financial institutions are increasingly leveraging blockchain technology to enhance security and efficiency in international transactions. This trend underscores a broader movement towards innovation and trust in global financial interactions, characteristics also valued in high-yield dividend stocks. In the current economic landscape, investors may find that companies with robust technological adoption and strong governance practices can...
Few perks in fast food are as elusive and sought-after as the McDonald's Gold Card, which grants its holder free meals. However, the benefits of these cards can vary. While some are limited to local venues, others, like the one Bill Gates has, allow him to eat for free at any McDonald's globally. Warren Buffett, another notable recipient of this privilege, discussed his own McDonald's Gold Card during a 2007 CNBC interview, revealing the more localized nature of his card. During an interview wit
The airline food caterer enjoyed a surge in revenue with the consolidation of WFS. The post SATS’ Profit Leaps 10-Fold for 2H FY2024, Resumes Paying Dividends: 5 Highlights from the Ground Handler’s Latest Earnings appeared first on The Smart Investor.
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.
AI could breathe life into the stagnant tech giant by kicking off an iPhone upgrade cycle.
In a recent global survey of 1,660 enterprises, many respondents said their trading partners were unwilling to use the Chinese yuan.
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.
The company’s latest quarterly sales were below Wall Street estimates, as was its forecast for the current quarter.
We feature four attractive US growth stocks that will help generate healthy returns for your investment portfolio. The post 4 US Growth Stocks That Can Lift Your Portfolio to Greater Heights appeared first on The Smart Investor.
Normally, when Nvidia stock goes up, so does the market. That wasn't the case this past earnings season.
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.
Key Insights The projected fair value for Q & M Dental Group (Singapore) is S$0.43 based on 2 Stage Free Cash Flow to...
Central banks on both sides of the Atlantic are remembering that it is far easier to let inflation out of the bag than to stuff it back in again. The long-awaited interest rate pivot keeps being kicked down the road as the last mile back to the inflation target proves to be the hardest part of the journey.
The Fed's stance of holding interest rates higher for longer likely won't be shaken following a fresh reading from the central bank's favored inflation gauge.
Lingering concerns about higher-for-longer interest rates and a Salesforce sell-off put a damper on investors' spirits.
The address has already made $200 million from its ether holdings.
TOKYO (Reuters) -Japanese authorities spent 9.79 trillion yen ($62.23 billion)intervening in the foreign exchange market to support the yen over the past month, in moves that kept the currency from testing new lows but are unlikely to reverse longer-term declines. The Ministry of Finance data released on Friday confirmed the suspicions of traders and analysts that Tokyo entered the market in two rounds of massive dollar-selling intervention shortly after the yen hit a 34-year low of 160.245 per dollar on April 29, and again in the early hours of May 2 in Tokyo. "This was larger than expected, underscoring Japan's resolve to ease the pain of imported inflation," said Daisaku Ueno, chief FX strategist at Mitsubishi UFJ Morgan Stanley Securities.
Although the revenue and EPS for Hormel (HRL) give a sense of how its business performed in the quarter ended April 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
BEIJING (Reuters) -China's manufacturing activity unexpectedly fell in May, keeping alive calls for fresh stimulus as a protracted property crisis in the world's second-largest economy continues to weigh on business, consumer and investor confidence. "I think the data particularly reflects soft domestic demand, the housing sector continued to worsen and retail sales were not strong," said Xu Tianchen, senior economist at the Economist Intelligence Unit.
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