Tesla General Motors and Ford Motor all reported earnings. The Beijing Auto Show had some electric-vehicle-battery bombshells for investors to digest. Starting with earnings, Tesla generated $1.2 billion in operating profit in the first quarter, or about $3,000 per vehicle sold.
Some commentators have spent decades predicting the imminent demise of the US dollar’s special status as the world’s international reserve currency.
Palantir followed up its “bombastic” December quarter with even better results for the March quarter as the data analytics software company continued to gain traction with its artificial intelligence tools in particular with U.S. commercial customers. Palantir shares, which rallied 8.1% in Monday’s regular session, was off about 4 % in after-hours trading and down 9.1% in the Tuesday premarket. For the March quarter, Palantir posted revenue of $634 million, up 21% from a year ago, and ahead of both the company’s guidance range of $612 million to $616 million and Wall Street’s consensus of $615 million as tracked by FactSet.
Hutchison Port Holdings Trust ( SGX:NS8U ), is not the largest company out there, but it received a lot of attention...
He owes it to one woman.
Former Starbucks CEO Howard Schultz urged his successors to get back to basics as the company sees falling sales. Schultz said in a LinkedIn post that leaders should focus on spending time in stores and on providing good coffee rather than other management strategies. “At any company that misses badly, there must be contrition and…
Thai Beverage's (SGX:Y92) stock is up by 3.2% over the past week. We wonder if and what role the company's financials...
Not all hybrid cars are created equal. While some models offer excellent fuel efficiency, reliability and performance, others fall short. With so many options, it can be tough to separate the good...
As the Singapore market continues to navigate through global economic challenges, including inflation and interest rate adjustments, investors are increasingly looking for stable returns. Dividend stocks, known for their potential to provide regular income, become particularly appealing in such uncertain times.
"Rarely have I seen such a true win-win scenario for the government, Wall Street and the U.S. consumer."
Energy giant Shell is in talks with Saudi Arabia's state-owned Saudi Aramco to sell its gas station business in Malaysia, the second-largest such network in the country, four industry sources aware of the discussions said, and a deal could be worth up to $1 billion. Shell declined to comment on the talks but said Malaysia is an important country to the company. Saudi Aramco also declined to comment.
Stocks rallied at the end of last week, getting a boost from a "Goldilocks" jobs report.
Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
'There has been a shift in thinking by the government that this is not just an SGX problem'
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Gold prices climbed more than 1% on Monday, as the U.S. dollar weakened after softer-than-expected U.S. jobs data fueled expectations of potential interest rate cuts by the Federal Reserve later this year. Spot gold rose 1% to $2,324.94 per ounce by 2:00 p.m. ET (1800 GMT). "The downside that we've seen over the last few weeks might actually be running out of steam, opening (the) door for gold prices to resume their upward trajectory," said Daniel Ghali, commodity strategist at TD Securities.
To find a multi-bagger stock, what are the underlying trends we should look for in a business? Amongst other things...
The fact that multiple Meta Platforms, Inc. ( NASDAQ:META ) insiders offloaded a considerable amount of shares over the...
Amid a buoyant U.S. stock market, bolstered by robust first-quarter earnings and the anticipation of interest rate cuts, investors are keenly observing various factors that could influence their investment decisions. In this context, growth companies with high insider ownership and significant revenue growth present an interesting opportunity for those looking to align with the confidence insiders are showing in their own companies.
UBS on Tuesday reported first-quarter profit that trounced forecasts and said it was sticking with plans for share buybacks over three years despite Swiss government proposals that would hike its capital requirements. Shares in Switzerland's biggest bank jumped 8% and were on track for their biggest one-day gain since March 2023, when authorities orchestrated UBS's rescue takeover of Credit Suisse. The bank's shares have soared nearly 50% since the merger, with investors upbeat about UBS prospects given the low acquisition costs, its huge increase in assets and - so far - its relatively smooth progress in integrating its stricken rival.
Trimble ( NASDAQ:TRMB ) First Quarter 2024 Results Key Financial Results Revenue: US$953.3m (up 4.1% from 1Q 2023). Net...
Yahoo Finance