Reddit first earnings report as a public company knocked expectations out of the park. Wall Street sees other ways, however, for Reddit to drive revenue growth beyond a rise in traffic. On Tuesday, Reddit posted March-quarter revenue that crushed estimates helped by a 37% surge in daily active unique visitors from the same period a year before.
While the Nasdaq Composite is at a record high, some experts believe that a shift is coming in the market.
With the REIT sector in the doldrums for the past two years, is there light at the end of the tunnel? The post Are Singapore REITs Attractive Right Now? Here are 4 Factors You Should Watch Out for appeared first on The Smart Investor.
Gunning for higher dividends? Here are five stocks that upped their dividends by 20% or more. The post 5 Singapore Stocks That Increased Their Dividends by 20% or More appeared first on The Smart Investor.
Ideally, your overall portfolio should beat the market average. But in any portfolio, there will be mixed results...
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.
A consortium of U.S. investment firm KKR and Singapore Telecommunications (SingTel) has emerged as the frontrunner to buy a minority stake worth $1 billion in one of Asia's biggest data centre providers, two sources said. The potential investment in ST Telemedia Global Data Centres (STT GDC) reflects growing interest and demand for data centres across Asia Pacific as nations and companies respond to the boom in artificial intelligence.
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.
Bitcoin prices slip after a number of wallets linked to Mt. Gox moved billions worth of Bitcoin into a single wallet Tuesday.
Apple stock has been making a comeback lately, and the artificial-intelligence upgrade coming for iPhones will drive shares even higher, said BofA Securities. Shares of Apple had a challenging start to the year as investors digested reports of weak demand in China and awaited for generative artificial-intelligence updates. It seemed that every other tech company was releasing its plans to get ahead in the GenAI race, but Apple has yet to announce any major updates.
A spike in Treasury yields has unsettled investors already weighing whether recent data will shift the needle on interest rates.
We recently analyzed the top utilities stocks hedge funds are buying to profit from the AI-led boom in the industry. Since Vistra Corp. (NYSE:VST) was part of the list, the stock deserves a deeper look. But first, let’s see why everyone’s taking about AI catalysts for utilities stocks these days. The AI revolution that started with […]
Apple will open its first retail location in Malaysia next month as it expands its presence in Southeast Asia to augment both sales and operations outside of China.
NEW YORK/LONDON (Reuters) -A global equities gauge fell on Wednesday while U.S. Treasury yields rose after a third weak government debt auction in a row, and investors worried about higher interest rates while they waited for a key U.S. inflation report due on Friday. The dollar index gained as it was bolstered by higher bond yields across the board and the greenback rose to a four-week high against the Japanese yen. "On the equity market side we're getting close to month-end" so people may be taking profit, said Charlie Ripley, senior investment strategist for Alliance Investment Management, also citing a weak 7-year U.S. Treasuries note auction following similar results for Tuesday's 2-year and 5-year note auctions.
Having unneeded money in the financial system could exacerbate inflation just as Fed officials await evidence that price gains are slowing down before cutting interest rates.
Revenue grew by 78.6% y-o-y, reaching a record US$220.8 million in FY2024.
Nelson Peltz cashed out his shares of Disney shortly after the activist investor lost his bid to win seats on the Mouse House’s board, according to a CNBC report Wednesday. Peltz sold all of his Disney stock at “close to $120 dollars a share,” making about $1 billion on the sale, CNBC reported, citing an …
Based on the average brokerage recommendation (ABR), CrowdStrike (CRWD) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric. So, is the stock worth buying?
Earnings season is winding down and a strange confluence of events is occurring – the economy is softening, but corporate profits are accelerating.
Oil prices rose Tuesday on tensions in the Middle East while stock markets wavered as investors awaited key inflation data later this week. "Risk sentiment has faltered in recent weeks, and global stock markets have experienced a mild sell off as the focus shifts to a plethora of economic data that is released this week," said XTB research director Kathleen Brooks.
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.
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