RBC Hires $915 Million Advisor Team From Truist

Simply Wall St.
Three SGX Stocks Estimated To Trade At Discounts Between 42.5% And 45.3%
As the global financial landscape evolves, Singapore's market is uniquely positioned to capitalize on emerging trends such as the tokenisation of trade finance assets. This shift towards digital assets highlights a broader transformation in investment opportunities and market dynamics. In this context, identifying stocks that are potentially undervalued becomes crucial, as they may offer significant growth potential amidst these transformative economic conditions.
The Smart Investor
3 Singapore REITs That Announced Divestments Recently: Should Income Investors Pay Attention?
We profile three Singapore REITs that sold properties recently and assess how such moves will impact the REIT’s asset base and distribution per unit. The post 3 Singapore REITs That Announced Divestments Recently: Should Income Investors Pay Attention? appeared first on The Smart Investor.
The Telegraph
Investors have no idea how exposed they are to the next market crash
Before we read too much into Nvidia’s £400bn share price slide, let’s put it in context.
Simply Wall St.
Unveiling 3 SGX Dividend Stocks With Yields Ranging From 6% To 9%
As the Singapore market navigates the burgeoning field of tokenised real-world assets, with projections pointing to significant growth in trade finance assets, investors are keenly observing opportunities that align with these evolving trends. In this dynamic environment, dividend stocks that offer stability and consistent returns are particularly appealing, providing a contrast to the nascent and rapidly evolving sector of tokenised assets.
Barrons.com
Fed Officials See 3 Possible Paths for Rates
Faced with uncertainty, Fed officials are offering various scenarios for the economy and interest rates.
Yahoo Finance
Stock market today: Stocks inch higher with key inflation print looming
A sell-off in Micron put a dent in the AI bullishness that has fueled the tech-driven rally, as investors eye fresh economic data.
The Edge Singapore
Prudential Singapore to get new CEO in September
Chan San San is appointed CEO of Prudential SIngapore, reporting to Dennis Tan, MD of Strategic Business Group, a regional role
Reuters
Micron Tech beats revenue estimates on AI chip demand; shares fall after run-up
(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.
Reuters
UBS shakes up flagship wealth business with new unit, memo says
ZURICH (Reuters) -UBS is shaking up its wealth-management arm, the bank's flagship business, to boost its offerings to ultra-rich clients, the division's new co-leaders said in their first internal memo sent on Thursday and seen by Reuters. UBS will create a new unit from July 1, named GWM Solutions, to integrate various client offerings, such as investment management, lending, family and institutional wealth management and alternative investments, the memo from Rob Karofsky and Iqbal Khan said. The unit will be led by former Credit Suisse banker Yves-Alain Sommerhalder who will be based in Zurich and New York and report to Karofsky and Khan.
The Independent
Bitcoin price dives amid ‘perfect storm’ predictions
Crypto’s record-breaking rally came crashing to an end as ‘fear’ enters market for first time in 2024
Investing.com
Asian stocks fall as Micron sparks tech losses, China data weighs
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.
Benzinga
What's Going On With Nvidia Stock On Thursday?
Nvidia Corp (NASDAQ:NVDA) shares are trading lower Thursday in sympathy with Micron Technology Inc (NASDAQ:MU) after the company reported third-quarter financial results and issued guidance on Wednesday. Nvidia’s shareholders have approved all resolutions, including the compensation packages for CEO Jensen Huang. Huang’s compensation package for the 2024 fiscal year was approximately $34 million, marking a 60% increase from the previous year, CNBC reports. Also Read: For Every $1 Spent On Nvidia
Zacks
Why This 1 Growth Stock Could Be a Great Addition to Your Portfolio
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
Simply Wall St.
One Citigroup Insider Has Reduced Their Stake
From what we can see, insiders were net sellers in Citigroup Inc.'s ( NYSE:C ) during the past 12 months. That is...
Reuters
Japan authorities on high alert against rapid yen decline, says top currency diplomat
TOKYO (Reuters) -Japanese authorities were "seriously concerned and on high alert" about the yen's rapid decline, said the country's top currency diplomat Masato Kanda, escalating warnings as the currency languished at its weakest level in almost 40 years. "It is generally accepted that the current weakness in the yen is not necessarily justified, therefore believed to be driven by speculators," Kanda, vice finance minister for international affairs, told reporters on Wednesday. The weak yen has become a headache for Japanese policymakers by boosting the cost of imported raw materials, pushing up inflation and hurting consumption.
Yahoo Finance
Stock market today: Nasdaq leads gains as Amazon crosses $2 trillion market cap
A rally in Amazon helped push tech higher on Wednesday, extending a bounce back for the Nasdaq.
Investing.com
Here's how to pick the best stocks for the second half of the year
Investing.com -- As we head into the final trading session of the first half of the year, savvy investors who subscribed to our market-beating list of AI-picked stocks (available now for under $7 a month via this link) are reaping some of the most impressive gains of their trading careers.
Zacks
Should You Add These 3 Top-Performing Mutual Funds to Your Portfolio?
Adding these three top-ranked, best-performing, and well-managed mutual funds to your retirement portfolio could maximize your returns.
Reuters
Oil up ahead of US inflation data, set for third weekly gain
Oil prices rose on Friday and were on course for a third straight weekly jump, buoyed by growing expectations that the U.S. Federal Reserve will soon start cutting interest rates and in anticipation of U.S. inflation data due later in the day. Brent crude futures for August settlement, which expire on Friday, were up 64 cents, or 0.74%, to $87.03 a barrel by 1105 GMT. U.S. personal consumption inflation data, the Fed's preferred measure of inflation, is due to be released at 1230 GMT.
Reuters
Stocks inch up, bond yields dip; inflation data ahead
NEW YORK (Reuters) -Global stock indexes edged higher on Thursday, while U.S. Treasury yields declined slightly after a series of U.S. economic reports suggested ebbing momentum. Traders were eager to see Friday's U.S. personal consumption expenditures (PCE) data, which is the Federal Reserve's preferred inflation measure and could help investors determine the U.S. interest rate outlook. "The bond market is taking some of the weaker economic data to heart," said Paul Nolte, senior wealth advisor and market strategist for Murphy & Sylvest in Elmhurst, Illinois.

Straits Times Index

Nikkei

Hang Seng

FTSE 100

Bitcoin USD

CMC Crypto 200

S&P 500

Dow

Nasdaq

Gold

Crude Oil

10-Yr Bond

FTSE Bursa Malaysia

Jakarta Composite Index

PSE Index

RBC Hires $915 Million Advisor Team From Truist

Latest stories

Three SGX Stocks Estimated To Trade At Discounts Between 42.5% And 45.3%

3 Singapore REITs That Announced Divestments Recently: Should Income Investors Pay Attention?

Investors have no idea how exposed they are to the next market crash

Unveiling 3 SGX Dividend Stocks With Yields Ranging From 6% To 9%

Fed Officials See 3 Possible Paths for Rates

Stock market today: Stocks inch higher with key inflation print looming

Prudential Singapore to get new CEO in September

Micron Tech beats revenue estimates on AI chip demand; shares fall after run-up

UBS shakes up flagship wealth business with new unit, memo says

Bitcoin price dives amid ‘perfect storm’ predictions

Asian stocks fall as Micron sparks tech losses, China data weighs

What's Going On With Nvidia Stock On Thursday?

Why This 1 Growth Stock Could Be a Great Addition to Your Portfolio

One Citigroup Insider Has Reduced Their Stake

Japan authorities on high alert against rapid yen decline, says top currency diplomat

Stock market today: Nasdaq leads gains as Amazon crosses $2 trillion market cap

Here's how to pick the best stocks for the second half of the year

Should You Add These 3 Top-Performing Mutual Funds to Your Portfolio?

Oil up ahead of US inflation data, set for third weekly gain

Stocks inch up, bond yields dip; inflation data ahead