Berkshire Hathaway’s Earnings Come Soon. 5 Points to Watch Beyond the Profit.
The company reports during the weekend to give investors time to weigh the numbers before trading starts on Monday.
The company reports during the weekend to give investors time to weigh the numbers before trading starts on Monday.
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.
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.
We highlight four stocks that recently upped their dividends. The post 4 Singapore Stocks That Raised Their Dividends appeared first on The Smart Investor.
Gold prices rose to an all-time high on Monday as a cocktail of factors from U.S. rate cut expectations, China's stimulus measures to geopolitical tensions lifted demand, with the momentum also carrying silver to a more than 11-year peak. Spot gold rose 0.9% to $2,435.96 per ounce as of 2:26 p.m. ET (1826 GMT) after hitting a record high of $2,449.89 earlier in the session. Data last week showed that U.S. consumer prices increased less than expected in April, suggesting that inflation resumed its downward trend, boosting expectations for a September interest rate cut.
The stock rebounded from a Monday loss sparked by disappointing results from Li Auto. XPeng’s earnings were surprisingly strong.
The Fed's goal of keeping rates high until inflation falls to 2% has significant implications for consumers, investors and the U.S. economy.
Tech stocks began Monday in positive fashion as the sector looked to regain momentum after slipping at the end of last week.
Despite a strong start to the year for stock markets, investors in Starbucks (NASDAQ:SBUX) have been left bitterly disappointed with its shares down by approximately 20% at the time of this writing. After the earnings miss, Laxman Narasimhan, the new CEO of Starbucks, appeared on Jim Cramer's Mad Money to try and explain both the results and the company's path forward. Don't Miss: Startup behind ‘the #1 free contractor app' grows 162% YoY, opens its doors for investors at a $100 minimum. Invest
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.
How are things going at former President Donald Trump's social media company? Money-wise, astoundingly bad. Trump Media & Technology Group, which owns and operates the breakaway Twitter clone "Truth Social," posted a staggering net loss of over $327.6 million for the first quarter, according to an earnings report filed with the Securities and Exchange Commission […]
Company says losses are result of recent merger but share price has dropped 13.2% since Friday
BABA, ASGN and BGS have been added to the Zacks Rank #5 (Strong Sell) List on May 20, 2024.
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.
Hong Lai Huat has received shareholder approval to sell its HLHI and HLHA assets in Cambodia.
Truth Social earned $770,500 from advertising, according to the earnings report, which is down from $1.1 million the same time last year.
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.
The Nasdaq closed at a record high on Monday while the S&P 500 gained slightly as technology stocks advanced ahead of Nvidia's highly anticipated earnings and investors gauged the timing of an interest rate cut by the Federal Reserve. The S&P 500 technology index led gains among the 11 major S&P sectors, rising 1.32%, helped by chipmakers such as Nvidia, which advanced 2.49% ahead of its quarterly results on Wednesday. Investors will look for evidence in Nvidia's earnings that the AI chip leader can maintain its explosive growth and stay ahead of rivals.
Key Insights Given the large stake in the stock by institutions, Sea's stock price might be vulnerable to their trading...
Hong Kong stocks declined by the most in five weeks, pulling back from 10-month highs as Li Auto's earnings fell short of market expectations and sparked concerns about corporate financial performances in the world's second largest economy. The Hang Seng Index lost 1.9 per cent to 19,265.74 as of 3.30pm local time, the biggest retreat since April 16. The Tech Index lost 3.8 per cent while the Shanghai Composite Index weakened 0.4 per cent. EV maker Li Auto's plunged 18.7 per cent to HK$81.20, it
The Aussie continues to see a lot of noise, as we had recently broke above the top of a major consolidation rectangle form the past several months. However, it seems as if we are continuing to see a lot of hesitation at this point.