The soon-to-be spun-off power generation business of General Electric—GE Vernova—is getting more expensive, while the remaining business, GE Aerospace, is getting cheaper. GE shareholders get one share of Vernova for every four GE shares held. The GE Aerospace value is down from about $147.30 at Wednesday’s close, off 4%.
Google’s parent company soared past a $2 trillion valuation last night as the search engine giant said it would pay a dividend for the first time.
Venture Corporation Limited ( SGX:V03 ) has announced that it will pay a dividend of SGD0.50 per share on the 21st of...
We review the latest business updates from a growth company and a data centre REIT. The post Top Stock Market Highlights of the Week: Nanofilm Technologies, Wilmar International and Digital Core REIT appeared first on The Smart Investor.
Meta's AI reality check has dented hopes for a Big Tech revival for stocks, with a GDP update showing the US economy grew slower than expected in the first quarter.
Alibaba stock rose on Friday amid its longest winning streak in a year, but investors shouldn’t be too excited: shares in the Chinese tech giant are still near multiyear lows, with lots of reason for caution even as the bull case looks exciting. Shares in Alibaba rose 2% in U.S. premarket trading on Friday, with the stock on track for its seventh consecutive day in the green. Alibaba stock is down more than 75% from its late-2020 record high.
Key Insights Significant control over City Developments by private companies implies that the general public has more...
Now, as Trump Media & Technology Group approaches its first month as a publicly traded company, it’s clear that — like the man it’s named after — there’s nothing typical about the stock. “If I woke up tomorrow and shares were zero dollars, or $100, I would not be surprised,” said Matthew Tuttle, a professional investor who bought $800 in Trump Media stock last week when it was at an all-time low. With Trump facing dozens of federal felony charges and hundreds of millions in legal expenses, Trump Media went public on March 26 on the Nasdaq exchange.
The board of Sheng Siong Group Ltd ( SGX:OV8 ) has announced that it will be increasing its dividend by 4.2% on the...
As U.S. inflation worries grow, some investors are preparing for the 10-year U.S. Treasury yield to breach a 16-year high of 5% hit last October. Bond yields, which move inversely to prices, have climbed in recent weeks as signs of persistent inflation erode expectations for how deeply the Federal Reserve will be able to cut interest rates without further fueling consumer prices. Many investors are betting further weakness lies ahead for bonds.
The board of Hong Leong Finance Limited ( SGX:S41 ) has announced that it will pay a dividend of SGD0.09 per share on...
In this article, we shall discuss the 10 best languages to learn for the future. To skip our detailed analysis of the global language learning industry, and the larger edtech industry in general, go directly and see 5 Best Languages to Learn for the Future. Online Language Learning: Market Outlook and Key Stocks As of […]
In this article, we will take a detailed look at the 11 Best Retail Dividend Stocks to Buy. If you want to skip our detailed analysis of the retail industry and see the top 5 stocks in this list, click 5 Best Retail Dividend Stocks to Buy. Investors are slowly beginning to give up on hopes of seeing […]
If you're looking to increase your net worth, Humphrey Yang has a few tips. The former financial advisor has a YouTube channel dedicated to sharing free financial advice(1). Recently, he created the...
Sri Lanka will hand over management of its $209 million Chinese-built airport to two Indian and Russian companies, a cabinet statement said on Friday, as the island nation attempts to reduce losses from its state enterprises. Mattala Rajapaksa International Airport (MRIA), funded by China EXIM Bank, has stoked controversy since its opening in 2013 due to a low number of flights, environmentally sensitive location and persistent financial losses. The airport's management will be handed over to Shaurya Aeronautics (Pvt) Ltd. of India and Airports of Regions Management Company of Russia for 30 years, a cabinet statement said, without mentioning the deal value.
As Yahoo Finance coverage draws to a close for the week, here are the events to watch for next week. Federal Reserve Chair Jerome Powell is set to announce a highly anticipated decision on monetary easing policy on Wednesday. Market participants are hoping for a potential rate cut. The earnings season continues, with a multitude of companies slated to release their first quarter results. Tech giants Amazon (AMZN), Apple (AAPL), and Qualcomm (QCOM) will take center stage. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Angel Smith
Q2 2024 Helmerich and Payne Inc Earnings Call
Gold prices held gains on Friday after data showed that U.S. inflation rose in line with expectations, but the safe-haven metal was on track for a weekly fall as some geopolitical risk premiums eased. Spot gold was 0.3% higher at $2,338.65 per ounce by 1:47 p.m. ET (1747 GMT). The U.S. personal consumption expenditures (PCE) price index increased 0.3% last month, in line with forecasts, a development that is unlikely to change expectations that the Federal Reserve will hold off cutting interest rates until September.
Western Digital surpassed expectations for quarterly revenue and profit on Thursday, riding on a surge in demand for its data storage products from cloud service providers. The results are the latest sign that demand for memory chips is improving, after earnings of larger rivals Micron Technology and Samsung Electronics also showed a rebound in prices of the semiconductors following a severe downturn. "We are in the early innings of unlocking the full potential of this company, and as industry supply and demand dynamics continue to improve, we will remain disciplined around our capital spending," said Western Digital CEO David Goeckeler.
Stellantis (STLA) closed at $24.74 in the latest trading session, marking a +0.57% move from the prior day.
Robert Kiyosaki, author of the best-selling finance book "Rich Dad Poor Dad," teaches money secrets that sometimes go against mainstream views. Read More: Rich Dad' Robert Kiyosaki Reveals Why the...
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