Bitcoin Falls Below $66,000 as Bond Yields Weigh. Cryptos Are Lacking Catalysts.
Bitcoin hit a record high near $74,000 in mid-March amid a surge of interest from new spot exchange-traded funds but its price has dropped since then.
Bitcoin hit a record high near $74,000 in mid-March amid a surge of interest from new spot exchange-traded funds but its price has dropped since then.
We feature four Singapore stocks that are doling out dividends in July. The post 4 Singapore Stocks Paying Out Dividends in July appeared first on The Smart Investor.
As the global financial landscape evolves, Singapore's market is uniquely positioned to capitalize on emerging trends such as the tokenisation of trade finance assets. This shift towards digital assets highlights a broader transformation in investment opportunities and market dynamics. In this context, identifying stocks that are potentially undervalued becomes crucial, as they may offer significant growth potential amidst these transformative economic conditions.
We profile three Singapore REITs that sold properties recently and assess how such moves will impact the REIT’s asset base and distribution per unit. The post 3 Singapore REITs That Announced Divestments Recently: Should Income Investors Pay Attention? appeared first on The Smart Investor.
Before we read too much into Nvidia’s £400bn share price slide, let’s put it in context.
As the Singapore market navigates the burgeoning field of tokenised real-world assets, with projections pointing to significant growth in trade finance assets, investors are keenly observing opportunities that align with these evolving trends. In this dynamic environment, dividend stocks that offer stability and consistent returns are particularly appealing, providing a contrast to the nascent and rapidly evolving sector of tokenised assets.
Abercrombie & Fitch’s stock has smoked Nvidia’s in the past year. A strategic makeover under CEO Fran Horowitz is winning fans on Wall Street and Main.
The Fed got another positive signal that inflation is easing after running hotter-than-expected in the first quarter, but the central bank still likely needs more time before cuts can begin in 2024.
As global markets demonstrate resilience, with the S&P 500 reaching new highs and value stocks showing strength, investors may find opportunities in stocks that appear undervalued relative to their intrinsic worth. In this context, identifying stocks trading below their estimated intrinsic value could be particularly timely, offering potential for appreciation as market conditions evolve.
Faced with uncertainty, Fed officials are offering various scenarios for the economy and interest rates.
A sell-off in Micron put a dent in the AI bullishness that has fueled the tech-driven rally, as investors eye fresh economic data.
ZURICH (Reuters) -UBS is shaking up its wealth-management arm, the bank's flagship business, to boost its offerings to ultra-rich clients, the division's new co-leaders said in their first internal memo sent on Thursday and seen by Reuters. UBS will create a new unit from July 1, named GWM Solutions, to integrate various client offerings, such as investment management, lending, family and institutional wealth management and alternative investments, the memo from Rob Karofsky and Iqbal Khan said. The unit will be led by former Credit Suisse banker Yves-Alain Sommerhalder who will be based in Zurich and New York and report to Karofsky and Khan.
Nvidia Corp (NASDAQ:NVDA) shares are trading lower Thursday in sympathy with Micron Technology Inc (NASDAQ:MU) after the company reported third-quarter financial results and issued guidance on Wednesday. Nvidia’s shareholders have approved all resolutions, including the compensation packages for CEO Jensen Huang. Huang’s compensation package for the 2024 fiscal year was approximately $34 million, marking a 60% increase from the previous year, CNBC reports. Also Read: For Every $1 Spent On Nvidia
From what we can see, insiders were net sellers in Citigroup Inc.'s ( NYSE:C ) during the past 12 months. That is...
Investors are watching for a cooling in the Fed-favored PCE print to boost rate-cut hopes as they assess Biden's faltering performance in the Trump debate.
Zacks.com users have recently been watching Sea Limited (SE) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Equity markets were mixed Friday as investors assessed fallout from a bumpy US presidential debate and looked ahead to weekend elections in France that could boost the far right."We don't think Biden's disastrous performance at last night's debate will have a material impact on markets in the short term," said Kathleen Brooks, research director at XTB. "The election is still many months away and a lot could change."
Shares in Tencent, like much of the rest of Chinese tech, have been slammed since Beijing began a crackdown on technology companies in late 2020.
Almost every financial advisor you meet will ask if you have an emergency fund in place. You know what the unfortunate thing is? Too many Singaporeans don’t have one! If... The post Why Every Singaporean Needs an Emergency Fund—And How You Can Build Yours appeared first on MoneySmart Blog.
U.S. monthly inflation was unchanged in May as a modest increase in the cost of services was offset by the largest drop in goods prices in six months, drawing the Federal Reserve closer to start cutting interest rates later this year. The report from the Commerce Department on Friday also showed consumer spending rose marginally last month. Underlying prices advanced at the slowest pace in six months, raising optimism that the U.S. central bank could engineer a much-desired "soft landing" for the economy in which inflation cools without triggering a recession and a sharp rise in unemployment.
Shares in Wilmar closed 3 cents lower or 0.96% down at $3.10 on June 28.