Yahoo Finance Etsy Is Worried About a Weaker Consumer. The Stock Tumbles After Earnings Report.
The crafts marketplace said its quarter was pressured by a “challenging environment for consumer discretionary products.”
The crafts marketplace said its quarter was pressured by a “challenging environment for consumer discretionary products.”
China has been pushing for businesses to leave the door open for customers to use cash, with foreigner visitors saying they're struggling to spend.
We highlight four stocks that recently upped their dividends. The post 4 Singapore Stocks That Raised Their Dividends appeared first on The Smart Investor.
Singapore’s flagship carrier delivered an impressive performance, but can its share price reclaim the high achieved earlier this year? The post Singapore Airlines Reported Record Profits for FY2024: Can its Share Price Soar? appeared first on The Smart Investor.
Company says losses are result of recent merger but share price has dropped 13.2% since Friday
Power Corporation of Canada (Power Corp) has shut its China investment unit and dismissed all staff, said two people briefed on the matter, becoming the latest Western financial firm to pull back amid the country's economic challenges. Power Sustainable, which is the asset management arm of Power Corp and manages $4.5 billion of assets globally, started laying off all of its 17 local staff in recent weeks as it moved towards shutting down the Shanghai-based unit, said the people. Economic slowdown has seen many of the Western financial firms that scrambled to expand China operations a few years ago take a hit on their earnings and rein in their ambitions for what was a key piece of their global growth strategy.
Tech stocks began Monday in positive fashion as the sector looked to regain momentum after slipping at the end of last week.
We compare two popular REITs under the CapitaLand banner to see which makes the better investment. The post Better Buy: CapitaLand Integrated Commercial Trust Vs CapitaLand Ascendas REIT appeared first on The Smart Investor.
Bitcoin and other cryptocurrencies were falling Monday, with the crypto sector’s momentum still highly dependent on flows into exchange-traded funds. The largest cryptocurrency hit a record high near $74,000 in mid-March amid a surge of interest from new spot Bitcoin exchange-traded funds (ETFs) but its price has dropped since then.
HOUSTON (Reuters) -Oil prices settled 1% lower on Tuesday as lingering U.S. inflation looked likely to keep interest rates higher for longer, weighing on fuel demand. Brent crude futures settled down 83 cents, or 1%, to $82.88 a barrel. Ahead of this weekend's Memorial Day holiday, which kicks off the U.S. peak summer driving season, retail gasoline prices fell for the fourth consecutive week to $3.58 per gallon on Monday, the Energy Information Administration (EIA) said in its gasoline and diesel fuel update.
The Fed's goal of keeping rates high until inflation falls to 2% has significant implications for consumers, investors and the U.S. economy.
BABA, ASGN and BGS have been added to the Zacks Rank #5 (Strong Sell) List on May 20, 2024.
Analysts raised their price target for the computer maker’s stock to $170 from $125, and maintained a Buy rating on the stock.
XPeng stock rose Tuesday after the Chinese electric-vehicle maker reported better-than-expected first-quarter numbers. A year ago, XPeng reported a per-share loss of 38 cents on sales of $573 million. Quarterly gross profit margins were about 13%, up about 11 percentage points year over year and about two percentage points better than analysts’ forecasts.
Traders are pricing in a big move for Nvidia’s shares after the chipmaker reports earnings on Wednesday, though expectations for volatility are more muted than in the past, U.S. options markets show. Nvidia's options are primed for an 8.7% swing in either direction by Friday, according to data from options analytics firm Trade Alert. While massive by most measures, that implied move would fall far short of the 16.4% jump Nvidia’s shares notched after the company’s most recent quarterly earnings report.
A crucial earnings report from AI leader Nvidia greets a stock market that hit new records last week.
Key Insights Given the large stake in the stock by institutions, Sea's stock price might be vulnerable to their trading...
As of May 2024, the US stock market has shown robust performance with major indices nearing record highs, buoyed by optimistic economic indicators such as a cooling April CPI report which has fueled hopes for potential Federal Reserve interest rate cuts. In this context of economic optimism and potential shifts in monetary policy, dividend stocks may offer investors a blend of income generation and stability.
The traditional ways to plan for your retirement may mean income can no longer cover expenses post-employment. But what if there was another option that could provide a steady, reliable source of income in your nest egg years?
Evaluate Cisco's (CSCO) reliance on international revenue to better understand the company's financial stability, growth prospects and potential stock price performance.
The company reported revenue of $770,500 in the January-March period, most of which came from “the company’s nascent advertising initiative.”