Yahoo Finance These Stocks Moved the Most Today: Netflix, Super Micro, Paramount, American Express, DJT, Jabil, Tesla, and More
Technology stocks dragged the market down on Friday. The S&P 500 and Nasdaq Composite marked their sixth straight losing session.
Technology stocks dragged the market down on Friday. The S&P 500 and Nasdaq Composite marked their sixth straight losing session.
Bitcoin sells off alongside stocks amid wider market jitters. But now the technical backdrop for cryptos is even weaker.
Singapore has plenty of high-yielding REITs. Having a strong sponsor will make a difference. The post 5 High-Yielding Singapore REITs Backed by Strong Sponsors appeared first on The Smart Investor.
An interim dividend of 54 cents has been declared.
SINGAPORE (Reuters) -Singapore's biggest bank DBS Group reported on Thursday first-quarter results that trumped expectations with broad-based growth and said it expects net profit to exceed last year's record result. Underpinned by robust business momentum as loans grew and both fee income and treasury customer sales reached new highs, net profit jumped 15% from the same period a year earlier to S$2.96 billion ($2.2 billion), beating market expectations for a 3.5% decline. Guidance that net profit would grow this year was more upbeat than in the previous quarter when DBS said only that it expected this year's net interest income to be around 2023 levels.
Seagate stock got a ringing endorsement Wednesday that included a robust earnings forecast. Wedbush analyst Matt Bryson lifted his rating on the disk-drive provider to Outperform from Neutral and set a price target of $100. Seagate Technology Holdings stock was 0.5% higher on Wednesday at $86.22.
The logistics REIT also warns of further headwinds that will exert pressure on its distributions. The post Mapletree Logistics Trust’s DPU Dips Slightly to S$0.09003 for FY2024: 5 Highlights from the Logistics REIT’s Earnings appeared first on The Smart Investor.
Goldman Sachs, International Monetary Fund, and the Congressional Budget Office are the latest to warn it’s a looming problem.
Given her no nonsense approach to building wealth, it's not surprising that financial guru, Emmy-winning TV host and popular podcaster Suze Orman recommends certain risk-averse investments to her...
The cryptocurrency is now trading below the average spot ETF purchase price of about $58K, and this could trigger liquidations, the report said.
Fed day arrives with the focus on what clues Powell will offer to the chances for rate cuts this year.
This story was first published on the Benzinga India portal. As part of a significant cost-cutting strategy, Alphabet Inc's Google (NASDAQ: GOOGL) recently eliminated approximately 200 roles from its core team and relocated some positions to India and Mexico. The tech giant also slashed nearly 50 engineering roles stationed at its California headquarters. According to internal documents obtained by CNBC, Google intends to recruit new staff in India and Mexico to fill these vacated roles. The cor
Stocks like Coinbase Global, Inc. (COIN), Robinhood Markets, Inc. (HOOD) and NVIDIA Corporation (NVDA) are likely to benefit in the near term as the Bitcoin rally is poised to resume.
Shares of Starbucks fell 15% to their lowest in nearly two years on Wednesday, after the coffee chain cut annual forecasts on persistent weak demand from inflation-weary U.S. customers and a slower-than-expected economic recovery in China. Price hikes taken last year have forced customers to ditch cafes and restaurants and instead drink coffee at home, hurting business for chains such as Starbucks. "The inability to stop the traffic leakage from the early signs of pull-back in November to date and the worsening macro and competitive dynamics in China may suggest prolonged challenges and no evidence of light at the end of the tunnel," Danilo Gargiulo, senior analyst at Bernstein, wrote in a note.
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.
LONDON (Reuters) -Shell reported first-quarter profit of $7.7 billion on Thursday, exceeding expectations as disruption to Red Sea shipping and Russian refining boosted oil trading and liquefied natural gas (LNG) production rose. Shell's cashflow rose by 6% from the previous quarter to $13.3 billion, reflecting strong operational performance, particularly in the LNG division, which together with trading helped offset a decline in natural gas prices that weighed on earnings of rivals including Exxon Mobil and Chevron last week. "Shell delivered another quarter of strong operational and financial performance, demonstrating our continued focus on delivering more value with less emissions," CEO Wael Sawan said.
Gold prices climbed over 1% on Wednesday as the dollar and U.S. Treasury yields tumbled lower after the Federal Reserve's interest-rate decision and Chair Powell's speech. Spot gold was up 1.7% at $2,323.38 per ounce as of 15:15 p.m. ET (1915 GMT), after hitting its lowest level since April 5 earlier in the session. Benchmark U.S. 10-year bond yields also crept lower.
Investing in certain stocks can pay off in the long run, especially if you hold on for a decade or more.
PayPal's quarterly earnings were up, but its CEO stayed relatively quiet on the company's new stablecoin.
Japan will likely keep intervening to prop up the yen until the risk of speculators triggering a free fall in the currency has been eliminated, said a former central bank official who was involved in Tokyo's market forays a decade ago. The yen jumped on Thursday on what traders suspect was the second day of intervention following such action on Monday to stem the currency's sharp declines. Japan's Ministry of Finance has declined to confirm whether it had stepped in, leaving markets on edge over the chance of another bout of intervention.
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.