Tesla stock was losing steam Wednesday, after starting the week with two consecutive days of gains. Tesla shares were down 1.6% at $174.70 in afternoon trading, while the and were up 1% and 1.3%, respectively. The Monday and Tuesday wins restored roughly three-quarters of the loss from the previous week, when Tesla stock fell 7%.
These four stocks could present an enticing opportunity for investors if they can overcome temporary problems. The post 4 Singapore Stocks Plunging to 52-Week Lows: Are They a Screaming Buy? appeared first on The Smart Investor.
Nvidia was falling on Monday after its stock split, although two Wall Street analysts believe the chip maker’s valuation will keep climbing. Nvidia’s 10-for-1 stock split took effect after Friday’s closing bell. The company’s unveiling of new artificial-intelligence chips for the next two years, as well as commitments from major customers such as Elon Musk’s Tesla to purchases of Nvidia’s current generation of hardware have helped keep the rally going.
One simple way to benefit from the stock market is to buy an index fund. But if you choose individual stocks with...
Here are three blue-chip stocks that are trading at attractive valuations. The post 3 Solid Singapore Blue-Chip Stocks That are Too Cheap to Ignore appeared first on The Smart Investor.
Most market watchers believe Fed policymakers will dial their rate expectations back this week. The question is by how much.
Amidst a landscape of fluctuating global markets, the Singapore Exchange (SGX) continues to offer a realm of opportunities for investors seeking stability and income. In this context, dividend stocks stand out as appealing options due to their potential to provide regular income streams and relative resilience during market uncertainties.
The U.S. government's spending habits have reached a new record, and it's currently more than $34.5 trillion in debt. But owing money is nothing new -- it's a part of the country's historical...
NEW YORK/LONDON (Reuters) -MSCI'S global equities index edged higher on Monday while investors waited for key U.S. inflation data and central bank policy meetings but the euro fell after French President Emmanuel Macron called a snap election. U.S. Treasury yields rose as investors digested Friday's labor market data and looked toward consumer price data and a Federal Reserve policy announcement this week. Investors are also waiting on Bank of Japan policy news.
SAM Holdings will collaborate with EnGeneIC on a profit-sharing basis.
GameStop stock spiraled lower Monday after a wild week that culminated in a livestream from investor Keith Gill, also known as Roaring Kitty. It also said in a filing with the Securities and Exchange Commission on Friday that it was selling up to 75 million shares of the company’s stock. Trade in so-called meme stocks had been reinvigorated this week after a series of posts from Gill showed his position of 5 million shares and 120,000 call options that expire on June 21 with a $20 strike price.
HONG KONG/BEIJING (Reuters) -China's efforts to clear massive inventory by turning unsold homes into affordable housing are unlikely to help cash-strapped developers due to the programme's limited size and potentially low prices, analysts and developers say. As part of a support package for the crisis-hit property sector, Beijing announced last month a plan for a 300 billion yuan ($41 billion) lending facility, which could result in 500 billion worth of bank financing for local state-owned enterprises (SOEs) to purchase completed and unsold homes. Chinese banks are expected to extend cheaper loans to SOEs via the facility, backed by the central bank, to help them buy the homes from developers at "reasonable prices" to turn into affordable housing.
The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
In this article, we will be taking a look at the biggest Asian car company by sales. If you want to see our extensive list, you can check out the 15 Biggest Asian Car Companies by Sales. Global Automotive Market: Growth Trends and Projections (2023-2030) The global passenger car market was valued at around $1.66 […]
Tesla (TSLA) shareholders are set to vote on a $56 billion pay package for CEO Elon Musk. A number of investors who have large stakes in Tesla have been speaking out about how they are voting. In the video above, Yahoo Finance's Pras Subramanian reports on what some of the major shareholders are saying. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Stephanie Mikulich.
In just about a one-year period, there have been three REIT ETFs listed on SGX. Will more follow? The post Investing in REIT ETFs Listed In Singapore: 5 Things You Need To Know appeared first on DollarsAndSense.sg.
An update on the Federal Reserve's outlook for interest rate policy in 2024 will test investors' risk appetite with stocks near record highs.
Ahead of the highly anticipated Federal Reserve decision on interest rate cuts this Wednesday, investors are fixated on the upcoming release of the May CPI report. Harvard Kennedy School of Government professor Jason Furman joins Catalysts to offer his perspectives on the data and rate cut expectations. Furman believes the Fed is "locked for no move this month," as the decision and CPI data are scheduled for release on the same day, leaving them unable to respond. He acknowledges that regardless of the CPI data's outcome, the issue is that while some months yield favorable inflation prints of 2%, "the bad months it's way above 2%, that means it's averaging out to a decent amount above 2%." However, Furman anticipates that a rate cut could potentially materialize in December. "Some of this inflation is probably embedded in expectations," Furman tells Yahoo Finance. "High wage growth leads to high price growth, which in turn leads to high wage growth, and it's a staggered process. So in the best case, it's gonna take a while for it to asymptote itself back down toward two [percent]." 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
We recently compiled a list of the 25 Fastest Growing Cybersecurity Companies in the World that you can check for free. The Rising Costs and Expanding Market of Global Cybersecurity Fortune Business Insights says that the global cybersecurity market size was valued at $172.32 billion in 2023 and is projected to reach $424.97 billion by […]
China's premium electric car makers can expect a smooth road ahead of them in 2024 as both consumer demand and product margins improve, giving the assemblers a respite from a bruising discount war which has already resulted in the demise of several competitors. Major players Nio, Xpeng and Li Auto, all felt the impact of the three-month race to the bottom, as prices for 50 models across a range of brands dropping by an average of 10 per cent. They are now forecasting a jump in sales for the thre
Investing.com -- Here are the biggest analyst moves in the area of artificial intelligence (AI) for this week.
Yahoo Finance