Yahoo Finance Zoom Video Stock Is Ready to Rebound, Analyst Says
Rosenblatt Securities analyst Catherine Trebnick raised her rating to Buy from Neutral, setting a target price of $75.
Rosenblatt Securities analyst Catherine Trebnick raised her rating to Buy from Neutral, setting a target price of $75.
China has built up a $170bn (£135bn) stockpile of gold after a record buying spree, in a move that has raised fears Beijing is preparing its economy for a possible conflict over Taiwan.
Bitcoin sells off alongside stocks amid wider market jitters. But now the technical backdrop for cryptos is even weaker.
Here are four Singapore stocks you can keep a lookout for in May. The post 4 Singapore Stocks to Watch for in May appeared first on The Smart Investor.
Tech giant Huawei's first-quarter profits surged over fivefold year-on-year, a company filing showed Tuesday, as the US-sanctioned firm continues a rebound and bit into competitor Apple's sales in China.Net profit in the January-March period amounted to $2.7 billion, up 564 percent from the first quarter of last year, according to a results filing by Huawei's holding company on an official website and confirmed by a representative of the firm.
In this article, we will take a detailed look at the latest stocks Jim Cramer is recommending. If you want to skip our detailed analysis and see the top 5 stocks in this list, click Jim Cramer is Recommending These 5 Stocks Heading Into May 2024. Jim Cramer is concluding April by talking about some specific […]
The dollar steadied and London shares were slightly higher in holiday-thinned trading Wednesday as investors awaited clarity on the outlook for US interest rates.The dollar, which has gained in recent days against other currencies on interest rate differentials, was largely flat Wednesday as many investors were either away for the May Day holidays or on hold ahead of the Fed's announcements.
The founder of Binance has become the world’s richest prisoner after he was sentenced to four months in jail, marking a stunning downfall for the former boss of the world’s largest cryptocurrency exchange.
Bitcoin slid by almost 6% on Wednesday, having posted its worst monthly performance in April since late 2022, as investors pulled money out of cryptocurrencies ahead of an interest rate decision by the Federal Reserve later. The value of the world's most traded cryptocurrency fell by nearly 16% in April, as investors booked profits on a sizzling rally that has taken the price to record highs above $70,000. The price of bitcoin is now a full 22% below March's record of $73,803, technically putting it in a bear market.
Still-elevated inflation and a job market that won't quit mean predictions for interest rate cuts in June are being pushed back.
STORY: Elon Musk looks to be doing more layoffs at Tesla. Reports by The Information on Tuesday (April 30) say he’s fired two top executives, and plans to get rid of hundreds more workers. Musk is said to be frustrated by falling sales, and the pace of earlier job cuts. The story quotes an email said to be from Musk. In it he says, “these actions are making it clear that we need to be absolutely hard core about headcount”. In an apparent warning to managers, he says “while some on exec staff are taking this seriously, most are not yet doing so”. There was no immediate response to a Reuters request for comment. It all follows a move earlier this month to shed some 10% of the company’s workforce. Tesla is grappling with falling sales and an intensifying price war which it started. Reporting earnings last week, it said all that led to its first quarterly drop in revenue since 2020. Musk this weekend made a surprise visit to China, the epicenter of the price battle. There he made progress on rolling out the brand’s advanced driver assistance features in the country. However, Tesla faces fierce competition from local makers like BYD in what is now the world’s biggest car market.
In our pursuit of financial success, we often find ourselves locked into the 9-to-5 grind, convinced that there's no other realistic path to wealth. But what if there were alternative strategies and...
Passive income is money not derived from active involvement such as a salary -- and, if you want to get steady income streams, these are the way to go. While these may require some initial...
Former WeWork Inc. CEO Adam Neumann is back with the launch of his new startup Flow. The vertically integrated real estate company focuses on redefining luxury living, targeting upscale renters with a mix of wellness, fitness and coworking amenities. Its facilities boast resort-style cabanas, a tanning bay, a skyline clubhouse with an entertainment center, a yoga lawn, a multilevel coworking lounge and an outdoor theater. Don't Miss: A groundbreaking energy company plugs into the $400 billion EV
A 53-year-old trucker named Donny called into "The Ramsey Show" asking Dave Ramsey and co-host Dr. John Delony for advice on finding a way out of his distressing circumstances. Donny's initial admission set the tone. “I'm 53 years old, have absolutely nothing for retirement, I'm $50,000 in debt, and I want a divorce,” he said. Don't Miss: The shocking amount the average American would save by now if they started an account in 2010 with today’s high yield savings rates will make you run to open y
Chip giant AMD reported its first quarter earnings on Tuesday beating analysts' expectations on the top and bottom lines, but lighter-than-anticipated guidance for the next quarter sent the stock lower.
The former U.S. president and Republican presidential candidate secured 36 million shares of Trump Media & Technology Group (TMTG), increasing his stake from 57.6% as of March. Reuters reported last week that Trump would secure a stock bonus worth $1.3 billion from TMTG, equivalent to about half the majority stake he already owns in it, thanks to the wild rally in its shares. The bonus also reflects the exuberant trading in TMTG's shares, which have been on a roller coaster ride since the company listed on Nasdaq last month through a merger with a special purpose acquisition company (SPAC) and was snapped up by Trump supporters and speculators.
The supermarket operator continues to expand its store count in Singapore even as it grows its top and bottom lines. The post Sheng Siong Reports an Increase in Revenue and Profits: 5 Highlights from the Retailer’s Latest Earnings appeared first on The Smart Investor.
The company reports during the weekend to give investors time to weigh the numbers before trading starts on Monday.
STORY: Aston Martin posted a bigger-than-expected first-quarter loss on Wednesday (May 1).The British luxury carmaker made fewer cars and burned more cash than analysts anticipated.It reported a pretax deficit of $138 million for the three months to the end of March.That was about double last year's total and worse than analysts projected.Aston Martin has launched several new cars over the past year.And it stopped production of old models ahead of the ramp up in production of more new autos later this year.Chairman Lawrence Stroll said the Q1 performance reflected an expected period of transition.In an example of further change, the company named Bentley head Adrian Hallmark as its new CEO in March.Investors weren't impressed by Wednesday's figures though.Shares in the firm plummeted as much as 14%, though they later recovered to trade down 7%.The second quarter's performance is expected to be broadly similar to the first.However, Aston Martin kept its forecast for this year unchanged.
MAS imposed the six-month pause last year after a series of disruptions to DBS’s digital banking services.