Amazon, Macy's rise; Robinhood Markets, APA fall, Friday, 7/5/2024

Simply Wall St.
3 SGX Stocks Estimated To Be Undervalued By At Least 43%
Amidst a stable regulatory environment in the financial sector, as evidenced by Visa and Mastercard's commitment to maintain capped tourist card fees, the Singapore market presents intriguing opportunities. Understanding what constitutes an undervalued stock is crucial, especially in a market where strategic financial operations can influence overall economic conditions.
Simply Wall St.
3 High Yield Dividend Stocks On SGX With Up To 6.7% Yield
As global financial dynamics continue to evolve, recent developments such as Visa and Mastercard's commitment to maintaining capped fees on tourist card transactions underscore a broader trend towards regulatory stability and cost predictability in international commerce. In this context, dividend stocks, particularly those offering high yields on the Singapore Exchange (SGX), may appeal to investors looking for reliable income streams amid fluctuating market conditions.
SETHLUI.COM
8 unspoken problems that some Singapore hawkers face
The post 8 unspoken problems that some Singapore hawkers face appeared first on SETHLUI.com.
The Smart Investor
SATS and SIA Engineering Are Seeing an Aviation Recovery: Can Their Share Prices Soar to Greater Heights?
The aviation and travel demand recovery has benefitted a slew of aviation-related companies. Can their share prices hit a new high? The post SATS and SIA Engineering Are Seeing an Aviation Recovery: Can Their Share Prices Soar to Greater Heights? appeared first on The Smart Investor.
The Edge Singapore
Wee family increases stake in UOL
Following the acquisitions, Wee Investments's stake in UOL is now at 15.79%.
Barrons.com
AI Stocks Keep Surging. Buy 2 That Haven’t.
AI touches all kinds of sectors—from banks to transportation. We looked for stocks that are benefitting from the trend but are still cheap.
Simply Wall St.
Boustead Singapore's (SGX:F9D) Shareholders Will Receive A Bigger Dividend Than Last Year
Boustead Singapore Limited ( SGX:F9D ) will increase its dividend from last year's comparable payment on the 27th of...
The Smart Investor
Unlock Your Future Income: 3 Top Singapore REITs to Consider Now
Despite facing the challenge of higher operating expenses and increasing borrowing costs, these three well-managed REITs have demonstrated commendable performance. The post Unlock Your Future Income: 3 Top Singapore REITs to Consider Now appeared first on The Smart Investor.
Moneywise
Is the $1M nest egg irrelevant? 81% of retirees 65-plus with $50K-$100K in savings say they're living decently
There’s no one-size-fits-all plan for retirement.
Yahoo Finance
Inflation data, Powell speaks, and big banks report earnings: What to know this week
With a cooling labor market narrative emerging, investor focus will shift back to inflation for signs that a September interest rate cut remains likely for the Federal Reserve.
Benzinga
Young Millionaires Are Losing Faith In The Stock Market — Here's Where Those Rich Investors Are Putting Their Cash Instead
The traditional path to wealth through stocks and bonds is losing its luster among young, affluent Americans. A surprising shift in investment strategies is emerging, with millennials and Gen Z turning away from Wall Street and exploring alternative avenues to grow their wealth. Don't Miss: Elon Musk and Jeff Bezos are bullish on one city that could dethrone New York and become the new financial capital of the US. Investing in its booming real estate market has never been more accessible. Will t
Fortune
Nvidia will win the race to a $4 trillion market cap—but the long-term big tech battle might be different, experts say
“I think, a year from now, we [will] have three $4 trillion market cap companies: Nvidia, Apple, Microsoft,” Wedbush tech analyst Dan Ives told Fortune.
Bloomberg
Citi’s Singapore workforce shrinks by 500 amid global restructuring, ST says
Citigroup Inc.’s workforce in Singapore has shrunk by about 500 people amid a global restructuring planned by the Wall Street giant, the Straits Times reported Monday.
Reuters
ASML CEO says world needs the legacy chips China is producing, Handelsblatt reports
Chip buyers, including the German car industry, need the older generation computer chips that Chinese chipmakers are currently investing in, the CEO of equipment maker ASML said in an interview with Germany's Handelsblatt newspaper published on Monday. The remarks by Christophe Fouquet, who took over as CEO at Europe's largest tech firm in April, come as the European Commission has begun surveying firms including ASML for their views on Chinese firms' investments in so-called "legacy" chips, an important source of revenue for ASML. "The automotive industry in particular, including the German one, needs a lot more chips that are manufactured using simpler, long-known technologies," Fouquet told the paper.
South China Morning Post
Chinese stocks mired in 'secular bear market', says top Morgan Stanley strategist
When Morgan Stanley strategist Jonathan Garner downgraded China stocks in January 2021, he said it was the time for the market to catch a breather after emerging from Covid-19 and wait for other emerging markets to catch up. That call turned out to be close to the top of a mega market cycle. The world's second-largest equity market peaked, then crashed in the following month and has been mired in a painful slump for three straight years since then. Total market capitalisation of China's onshore
The Telegraph
Apple unfairly sacked analyst who took secret photos of female colleague
Apple unfairly sacked an employee at its London headquarters who took secret photos of a female colleague and shared them with other staff, a judge has ruled.
BBC
Samsung expects profits to jump by more than 1,400%
The South Korean tech giant is benefiting from the AI boom which has lifted the prices of advanced chips.
Reuters
Tesla, shareholder clash over $7-billion legal fee request in Musk pay case
WILMINGTON, Delaware (Reuters) -Legal teams for Tesla and a shareholder clashed in court on Monday over the value of a lawsuit that successfully challenged CEO Elon Musk’s enormous pay package and a request for the company to pay a record legal fee worth $7 billion. For more than three hours, two experts offered opposing testimony about the benefit created for Tesla by a Delaware judge's January ruling that rescinded Musk’s $56-billion pay package. The legal fee is being pursued by Richard Tornetta, who owned nine shares of Tesla when he sued over Musk's pay package in 2018.
Simply Wall St.
Steering Clear Of Olam Group On SGX For One Better Dividend Stock Option
In the pursuit of reliable dividend stocks on the Singapore Exchange, investors often encounter a mix of opportunities. However, it's crucial to scrutinize whether high dividend yields are supported by sustainable financial practices. For instance, companies like Olam Group with excessively high payout ratios might pose risks, suggesting potential overextension rather than financial robustness. This article will compare two such companies to help investors make informed choices.
Barrons.com
Apple, AMD and Intel Should Be ‘Catch-Up’ AI Winners for the Second Half
Nvidia, Broadcom, and a few other chip makers were the big winners from artificial intelligence in the first six months of 2024. Melius Reseach says other companies now stand to benefit.

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Amazon, Macy's rise; Robinhood Markets, APA fall, Friday, 7/5/2024

Latest stories

3 SGX Stocks Estimated To Be Undervalued By At Least 43%

3 High Yield Dividend Stocks On SGX With Up To 6.7% Yield

8 unspoken problems that some Singapore hawkers face

SATS and SIA Engineering Are Seeing an Aviation Recovery: Can Their Share Prices Soar to Greater Heights?

Wee family increases stake in UOL

AI Stocks Keep Surging. Buy 2 That Haven’t.

Boustead Singapore's (SGX:F9D) Shareholders Will Receive A Bigger Dividend Than Last Year

Unlock Your Future Income: 3 Top Singapore REITs to Consider Now

Is the $1M nest egg irrelevant? 81% of retirees 65-plus with $50K-$100K in savings say they're living decently

Inflation data, Powell speaks, and big banks report earnings: What to know this week

Young Millionaires Are Losing Faith In The Stock Market — Here's Where Those Rich Investors Are Putting Their Cash Instead

Nvidia will win the race to a $4 trillion market cap—but the long-term big tech battle might be different, experts say

Citi’s Singapore workforce shrinks by 500 amid global restructuring, ST says

ASML CEO says world needs the legacy chips China is producing, Handelsblatt reports

Chinese stocks mired in 'secular bear market', says top Morgan Stanley strategist

Apple unfairly sacked analyst who took secret photos of female colleague

Samsung expects profits to jump by more than 1,400%

Tesla, shareholder clash over $7-billion legal fee request in Musk pay case

Steering Clear Of Olam Group On SGX For One Better Dividend Stock Option

Apple, AMD and Intel Should Be ‘Catch-Up’ AI Winners for the Second Half