Yahoo Finance Switzerland’s Central Bank Sold Apple Stock, and More. It Bought Virgin Galactic.
The central bank of Switzerland sold Apple, Lucid, and Shopify stock, and increased a stake in Virgin Galactic in the first quarter.
The central bank of Switzerland sold Apple, Lucid, and Shopify stock, and increased a stake in Virgin Galactic in the first quarter.
In recent times, the Singapore market has faced a backdrop of global financial uncertainties, highlighted by significant events such as the collapse of Terraform Labs which reverberated through the cryptocurrency and broader financial sectors. Such turbulent conditions underscore the importance of stability and reliability in investment choices, qualities often attributed to high-yield dividend stocks.
Positive developments in inflation data have Wall Street feeling more positive about the outlook for stocks into the end of the year.
Elon Musk's investments in AI have already netted him billions, but another, more traditional asset class is gaining traction. This year, AI provided a significant, albeit potentially fleeting, boost to the stock market, especially benefiting tech giants like Nvidia and Google. However, amid the hype surrounding AI companies, Elon Musk is turning his attention to a more established segment of the market. He’s not alone in this shift; recently, the Rothschilds sold this asset to the Dutch governm
Broadcom Inc. ( NASDAQ:AVGO ) defied analyst predictions to release its quarterly results, which were ahead of market...
Robert Kiyosaki, renowned financial expert and author of "Rich Dad Poor Dad," has again made headlines in the crypto world for his stringent opinion on Bitcoin (BTC). Kiyosaki urges, "Don't be a loser" to those contemplating if Bitcoin's current price is a viable investment entry. With retail investors debating whether or not to shy away from Bitcoin, Kiyosaki is rejecting this notion entirely. He says this is merely a "lame excuse" not to invest that could relinquish investors from a life-chang
BEIJING (Reuters) -China's May industrial output lagged expectations and a slowdown in the property sector showed no signs of easing despite policy support, adding pressure on Beijing to shore up growth. Apart from retail sales that beat forecasts due to a holiday boost, the flurry of data on Monday was largely downbeat, underscoring a bumpy recovery for the world's second-largest economy. May industrial output grew 5.6% from a year earlier, National Bureau of Statistics (NBS) data showed, slowing from the 6.7% pace in April and below expectations for a 6.0% increase in a Reuters poll of analysts.
Leidos (LDOS) makes a strong case for investment in the Aerospace sector, given its solid earnings growth prospects and rising backlog count.
We recently published a list of the 8 Best AI PC Stocks to Buy Now. Since NVIDIA Corporation (NYSE:NVDA) ranks 2nd in the list, it deserves a deeper look. When the AI revolution began with the launch of ChatGPT, no one would have thought that down the road it would bring a huge growth catalyst […]
Markets will kick off a holiday-shortened trading week after ending last week at record highs.
Mar Vista Investment Partners, LLC, an investment management company, released the “Mar Vista Focus strategy” first quarter 2024 investor letter. A copy of the letter can be downloaded here. The S&P 500 index had the best first-quarter performance since 2019—enthusiasm over AI, robust corporate earnings, and anticipation of rate cuts fueling the rise in stock prices. […]
Microsoft, Nvidia, Google, Amazon.com, and Meta Platforms have collectively surged by 45% and now comprise 25% of the S&P 500 equity cap, the brokerage wrote in a note after markets closed on Friday. The upgraded target reflects an upside of about 3.1% to the index's last close of 5,431.60. The brokerage expects roughly unchanged real yields by the year-end and strong earnings growth to support a 15x P/E for the equal-weight S&P 500 Index.
"Definitely hold on to your Apple position," he said. "It's too central a figure in the whole story."
NEW YORK (Reuters) -The dollar was modestly weaker against the euro on Monday, as the common currency recovered from the more than one-month lows hit last week driven by political turmoil in Europe. The euro was up 0.1% to $1.0718 on Monday, rebounding from the six-week low of $1.066775 touched last week following news of a snap parliamentary election in France. European markets have been under pressure after President Emmanuel Macron called for a snap election following a trouncing of his ruling centrist party by Marine Le Pen's eurosceptic National Rally in the European parliament elections.
ZURICH (Reuters) -UBS will set aside around $900 million to repay investors in Credit Suisse funds that were linked to collapsed supply chain financing firm Greensill Capital, accounting for 90% of what they are owed, UBS said on Monday. The bank has been seeking to resolve issues it inherited when it acquired Credit Suisse last year after a string of financial problems brought down its long-time rival. Among them, was a 1.6 billion Swiss franc ($1.80 billion) loss due to the collapse of $10 billion in supply chain finance funds linked to Greensill in 2021.
We recently compiled a list of the 25 most powerful brands in the US and in this article we will talk about the Top Most Powerful Brand in the US. Tech Titans Lead the Charge in Global Brand Value Growth The global powerful brands market is dominated by technology giants, with Apple Inc. (NASDAQ:APPL) leading […]
The shareholder proposal to reinstate CEO Elon Musk’s pay package passed with 72% support—virtually the same support the measure received in 2018.
A muted start to the week in Asia with Chinese data too mixed to provide much momentum as political uncertainty in Europe lurks in the background. The People's Bank of China (PBOC) kept its one-year rate unchanged, dashing some speculation of a cut following surprisingly soft bank lending data. China's official Financial News on Monday reported there was still room to lower rates, but there were internal and external constraints on policy.
The monthly Chinese 'data dump' kicks off the global trading week on Monday, with the slew of top-tier indicators likely to give investors a measure of how much the world's second largest economy is struggling to gain momentum. Producer and consumer prices last week confirmed that the threat of deflation still hangs over China, and retail sales, business investment, industrial production, and house price figures on Monday will give a clearer picture of economic activity. China's central bank is widely expected to leave a key policy rate unchanged when rolling over maturing medium-term loans on Monday, with worsening interest margins and a weakening currency hampering authorities' ability to ease policy.
Clear Secure (YOU) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
This week’s notable earnings include Lennar Corp. on Monday, KB Home on Tuesday, Kroger Co. on Thursday, and CarMax on Friday.