Alibaba and Other Chinese Stocks Are Rallying. Why It Won’t Last.
While Alibaba and other Chinese names could have more near-term upside, don’t expect continued outperformance, says James Reilly, an analyst at Capital Economics,.
While Alibaba and other Chinese names could have more near-term upside, don’t expect continued outperformance, says James Reilly, an analyst at Capital Economics,.
Here's what he predicts for Nvidia.
Loo’s latest purchase brings his total stake (direct and deemed interest) in Raffles Medical Group to 54.58%.
The project is expected to be completed by the third quarter of 2027.
These three stocks have performed impressively this year, but could there be more upside for the remainder of 2024? The post Share Prices of These 3 Singapore Stocks Shot Up 36% or More Year-to-Date: Can Their Run Continue? appeared first on The Smart Investor.
Nvidia and a handful of other U.S. stocks have become almost synonymous with artificial intelligence. But investors willing to venture into emerging markets can find companies that are also critical for making AI a reality—at bargain prices compared with many stateside options. Companies cashing in on AI include those in Taiwan, South Korea, and parts of southeast Asia. “If you are looking for AI, emerging markets is the place to look,” says Anthony Sassine, senior investment strategist for Krane Funds Advisors.
Berkshire Hathaway CEO Warren Buffett appears to be taking advantage of a drop in the price of the energy company’s shares.
Investors are eyeing political turmoil in France as uncertainty about rate cuts dogs the market.
Apple Inc (NASDAQ:AAPL), Qualcomm Inc (NASDAQ:QCOM), Nvidia Corp (NASDAQ:NVDA), and Advanced Micro Devices, Inc (NASDAQ:AMD) have almost fully booked Taiwan Semiconductor Manufacturing Company Ltd's (NYSE:TSM) 3nm chip production process until 2026, reflecting the artificial intelligence frenzy. This demand spike reflects the rapid evolution of AI technology, pushing TSMC to innovate further in advanced manufacturing, TechNode reports. N3E, which started mass production last quarter, targets AI
The multi-billionaire had campaigned for the payout, which is worth up to $56bn.
Keith Gill, the stock influencer known as Roaring Kitty, updated his holding of GameStop on Thursday to show he now owns 9 million shares of the company, up from 5 million at the start of the week. Gill's update, posted on Reddit after the close of trading, showed the value of his position at $262.1 million. Gill who helped launch the meme-stock phenomenon in 2021, recently disclosed a sizeable GameStop stock and options position in a screen shot posted on Reddit on June 2.
In recent developments, the global financial landscape is witnessing significant technological advancements, as illustrated by major banks like Santander rolling out sophisticated cloud-based platforms. This trend underscores the importance of innovation and adaptability in today's dynamic market environment. In this context, selecting dividend stocks that not only offer attractive yields but also demonstrate resilience and strategic foresight in adapting to new technologies is crucial for...
We recently published a list entitled Billionaire Bill Ackman’s 2024 Portfolio: 6 Best Stocks to Buy in 2024. Since Alphabet Inc. (NASDAQ:GOOG) ranks 4th in the list, it deserves a deeper look. Billionaire Bill Ackman recently made headlines after reports suggested he plans to take his investment firm public as soon as next year. A Wall Street […]
In the closing of the recent trading day, Advanced Micro Devices (AMD) stood at $160.24, denoting a +0.81% change from the preceding trading day.
In Singapore, retirement is always something we crave. While not all of us will be FIRE fanatics, we do want to plan for having more of that cash money when... The post Here’s Everything You Should Know About the Supplementary Retirement Scheme (SRS) Account appeared first on MoneySmart Blog.
Here are three favorably valued top-rated tech stocks to consider after being added to the Zacks Rank #1 (Strong Buy) list on Wednesday.
GameStop investors believe the meme stock trader may be angling for a seat on the board after acquiring 2% of the company.
Roughly 95% of Americans have either a checking or savings account, according to the Federal Deposit Insurance Corporation (FDIC). For many people, a savings account is a great place to keep extra...
Shares of Broadcom (AVGO) are soaring on Thursday after the semiconductor giant unveiled plans for a 10-for-1 stock split. This strategic move follows the company's second-quarter earnings beat, fueled by robust demand for its artificial intelligence offerings. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Angel Smith
U.S. Securities and Exchange Commission Chair Gary Gensler said that the final approvals for exchange-traded funds (ETFs) trading Ethereum's ether {{ETH}} should be finished this summer, he told senators in a budget hearing on Thursday.
Collecting air miles for your jet setting lifestyle admittedly sounds sexier than trying to scrounge for cash rebates. But if you’re still one of those people who believe that cash... The post 12 Best Cashback Credit Cards in Singapore (Jun 2024) appeared first on MoneySmart Blog.