Yahoo Finance MicroStrategy Stock Sinks After a Steep Loss. Bitcoin Prices Explain the Earnings Miss.
MicroStrategy is essentially a leveraged bet on Bitcoin. Quirky crypto accounting just muddies the reality.
MicroStrategy is essentially a leveraged bet on Bitcoin. Quirky crypto accounting just muddies the reality.
The mystery is over: Warren Buffett’s Berkshire Hathaway disclosed a major stake in the insurance company Chubb, finally revealing the investment he has kept under wraps since last year.
If you think that fixed deposits are only for conservative cash-rich aunties and uncles, think again. A fixed deposit (also known as a time deposit) account is a type of... The post Best Fixed Deposit Rates in Singapore (May 2024)—Rates Up To 3.75%, Minimum Deposits From $500 appeared first on MoneySmart Blog.
Announcement of the contract win came a day after Seatrium and four other counters were removed from a key market index
These product releases just reaffirmed how massively this technology is going to change our lives
(Reuters) -Grab Holdings raised its full-year profit forecast on Wednesday after reporting a higher-than-expected quarterly revenue, driven by recent cost-reduction measures and robust demand for its ride-share services. A significant restructuring at Grab, which included reducing 1,000 jobs and slashing some technology costs in 2023, is helping the company push ahead in its goal to deliver positive free cash flow this year. In an interview with Reuters, CFO Peter Oey said a surge in Southeast Asian tourism, along with an increase in corporate events and concerts in the last quarter, bolstered the demand for ride-share services.
The company made the announcement in its fourth quarter report
Stocks edged higher on Wednesday as investors digested fresh readings on inflation and consumer spending.
April's CPI report is one of the most important data points the Federal Reserve will consider in its next interest rate decision.
Today we're going to take a look at the well-established Advanced Micro Devices, Inc. ( NASDAQ:AMD ). The company's...
Japan's economy suffered a worse-than-expected contraction in the first quarter, official data showed Thursday, in further bad news for its unpopular government.In the previous quarter, from July to September, GDP suffered a major contraction of 0.9 percent, also revised on Thursday from an earlier reading of minus 0.8 percent.
How long will $300,000 last in retirement? The answer to that depends on a variety of things: your lifestyle, your lifespan, your investments and any other income you have, to start. Let's break down whether $300,000 is enough for your … Continue reading → The post How Long Will $300,000 Last in Retirement? appeared first on SmartAsset Blog.
As the Singapore market continues to innovate, with recent developments like the collaboration between Mastercard and Standard Chartered exploring tokenised deposits and carbon credits, there is a growing interest in financial technologies that could reshape investment landscapes. In this dynamic environment, dividend stocks remain a cornerstone for investors looking for stable returns, particularly those yielding starting from 4.9%, which can offer a blend of reliability and potential growth...
Singapore Airlines on Wednesday posted a record annual profit and raised its dividend, reflecting strong travel demand in North Asia, but flagged geopolitical woes, supply chain snags and fierce competition as challenges facing the sector. Singapore Airlines said the demand for air travel remained "healthy" in the first quarter of fiscal 2024-2025 on the back of a pick up in forward bookings in North and South East Asia. It also declared a final dividend of 38 Singapore cents apiece, higher than the 28 Singapore cents a year ago.
Mark Cuban is well-known for his outspoken views and advice on topics that range from politics to investing. The self-made billionaire doesn't hold back when sharing his two cents on how folks can...
The surprise social media return of the trader who helped ignite the meme stock frenzy in 2021 sent GameStop shares skyrocketing Monday. The surge had nothing to do with the troubled company’s fundamentals — and everything to do with a cartoon of a gamer that the trader, nicknamed Roaring Kitty, shared on X.
(Reuters) -Britain's FTSE 100 closed slightly lower on Thursday, as disappointing news from EasyJet and Sage Group offset a surge in BT Group after the telecoms group's new boss unveiled steps to boost its cash flow. BT Group's shares surged a record 17.2% after CEO Allison Kirkby set out a path to more than double free cash flow over the next five years and potentially dispose of its global enterprise business. Helping counter those gains, shares of EasyJet slid 6.0% after the budget airline said CEO Johan Lundgren will step down in early 2025 and reported first-half losses in line with its expectations.
Stock markets struck record highs Wednesday after official data showed US inflation cooled slightly in April, raising hopes that the Federal Reserve will cut interest rates in the coming months.Given the inflation data "combined with Powell's reiteration yesterday that the bar to rate hikes remains very high, it looks like stocks have a clear path to make another run at record highs," said IG analyst Chris Beauchamp.
Wall Street's three major indexes notched record closes on Wednesday with the benchmark S&P 500 and the Nasdaq both advancing more than 1%, after a smaller-than-expected rise in consumer inflation bolstered investors' hopes for interest rate cuts by the Federal Reserve. All three indexes hit intraday record highs with technology stocks leading the charge.
U.S. consumer prices increased less than expected in April, suggesting that inflation resumed its downward trend at the start of the second quarter in a boost to financial market expectations for a September interest rate cut. The consumer price index rose 0.3% last month after advancing 0.4% in March and February, the Labor Department's Bureau of Labor Statistics (BLS) said on Wednesday. In the 12 months through April, the CPI increased 3.4% after climbing 3.5% in March.
Sluggish U.S. retail sales and softer inflation reports have opened the way for the next leg up in the crypto rally, Swissblock said.