ASM share buyback update May 15

The Smart Investor
Share Prices of These 3 Singapore Stocks Shot Up 36% or More Year-to-Date: Can Their Run Continue?
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.
Simply Wall St.
Should You Investigate Genting Singapore Limited (SGX:G13) At S$0.87?
Genting Singapore Limited ( SGX:G13 ), might not be a large cap stock, but it saw its share price hover around a small...
Reuters
China Evergrande's ex-CEO sells Hong Kong home at almost half of purchase price
China Evergrande's former CEO, who Chinese regulators recently said was "uncontactable", has sold his home in Hong Kong at a loss of HK$74 million ($9.48 million) from the purchase price, according to a property agent. Xia Haijun last month sold a 2,834 net sq ft (263 sq m) five-bedroom duplex flat in North Point Mid-Levels district on Hong Kong island for HK$82 million, said Gary Lam, a senior sales director at real estate agency Centaline. Xia, who stepped down from the embattled Chinese developer in 2022 after an internal probe found he was involved in diverting loans worth $2 billion secured by unit Evergrande Property Services to the group, bought the flat from New World Development in 2019, according to records from the Land Registry.
The Edge Singapore
OCBC's final offer of $25.60 for GEH is 'not fair but reasonable' says EY; advises shareholders to accept
EY advises shareholders to accept the offer, or sell their shares if they can offer a higher price than the offer price.
Simply Wall St.
Here's Why Old Chang Kee (Catalist:5ML) Has Caught The Eye Of Investors
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Barrons.com
Nvidia Is 2024’s Best-Performing Chip Stock. These 4 Are Next.
Micron Technology, Taiwan Semiconductor Manufacturing, Coherent, and Qualcomm have also done well this year.
Yahoo Finance Video
Tesla is biggest market bubble in world history: Short seller
Tesla's (TSLA) stock momentum seems to have stalled Friday morning after shareholders voted to approve CEO Elon Musk's pay packages — valued at nearly $46 billion — at the company's annual shareholder meeting on Thursday. Many analysts and Wall Street experts have shared new, incredibly bullish forecasts for the EV company, including Wedbush's Dan Ives — whose latest call sees Tesla's market cap reaching over $1 trillion in 2025 — and Ark Invest (ARKK) Founder, CEO, and CIO Cathie Wood, who believes the stock could reach $2,600 by 2029. However, not everyone shares this enthusiasm around Tesla and Elon Musk. Clean Energy Transition CEO and Portfolio Manager Per Lekander — a long-time Tesla short-seller — joins The Morning Brief to explain his $15 price target, likening Tesla to "the next Enron." "Let's not forget, that the stock is down 60% from all-time high at the same time as the market has gone up, 20, 25% in the meantime," Lekander says, citing Tesla's earnings and its year-to-date stock losses. "So the stock needs to go down. Once it goes down, it's going to go down more. And I think what drives it down is earnings. And I think we are very, very close to the turning point because so far it's been a slippery slope. They've sold cars poorly therefore they lowered the price, therefore earnings went down..." Lekander characterizes Musk as "missing... what's going on in the overall EV space" coming out of COVID-19 pandemic trends. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan. Catch up on Yahoo Finance's coverage of all things Tesla, Elon Musk, and his pay package saga: Don't bet against Elon Musk: Dan Ives talks $1T Tesla call Elon Musk wins Tesla shareholder battle to keep his record-breaking pay Elon Musk has been integral to Tesla's growth, AI: Cathie Wood Musk's pay battle is not over. Here's why. Is Elon Musk the right fit as Tesla's CEO? Musk pay package: What's incentivizing shareholder votes Elon Musk's $46B Tesla pay package: Explained
South China Morning Post
Huawei's HarmonyOS unseats Apple's iOS to become China's No 2 mobile operating platform
Huawei Technologies' mobile platform HarmonyOS has overtaken Apple's iOS to become the second-biggest mobile operating system in mainland China in the first quarter, according to the latest market data from Counterpoint Research. HarmonyOS accounted for a 17 per cent share in the first quarter to surpass iOS for the first time in the world's biggest smartphone market, as strong domestic demand for Huawei's latest 5G handsets drove up adoption of the Shenzhen-based company's self-developed mobile
GOBankingRates
I Retired in My 50s: Here’s My Monthly Budget
Retiring in your 50s doesn't require a superpower, a trust fund, or the lottery, but it does require discipline. Since your investments will have less money to compound, you'll need to contribute...
Yahoo Finance
Stock market today: Nasdaq ekes out 5th straight record to cap banner week for tech
Investors are eyeing political turmoil in France as uncertainty about rate cuts dogs the market.
The Smart Investor
Top Stock Market Highlights of the Week: Apple, US Federal Reserve and DBS Group
We look at the latest software updates from a technology giant and the latest moves by the US central bank. The post Top Stock Market Highlights of the Week: Apple, US Federal Reserve and DBS Group appeared first on The Smart Investor.
Yahoo Finance
What's next for Tesla's stock as shareholders and Wall Street pros weigh in
Elon Musk's pay deal — worth up to $56 billion -—has now been approved by Tesla shareholders. Yet investors and analysts Yahoo Finance spoke to are feeling mixed about the future of the electric car company.
AFP News
Bank of Japan to scale down huge bond-buying programme
The Bank of Japan on Friday said it would trim its vast hoard of government bonds as it cautiously steps away from its long-running ultra-loose monetary policy.The central bank kept interest rates unchanged after a two-day meeting but announced plans to "reduce its purchase amount of JGBs (Japanese Government Bonds) thereafter to ensure that long-term interest rates would be formed more freely".
Insider Monkey
Analyst Says Advanced Micro Devices, Inc. (AMD) is Expensive Compared With NVDA, AI Expectations ‘Too High’
We recently published a list of 10 Biggest AI Stories and Ratings Updates You Should Not Miss This Week. Since Advanced Micro Devices, Inc. (NASDAQ:AMD) ranks 6th on the list, it deserves a deeper look. The Federal Reserve now expects just one rate cut in this year, and the market’s reaction to this development has […]
Reuters
New York recovers $50 million for defrauded Gemini Earn crypto investors
NEW YORK (Reuters) -New York Attorney General Letitia James has recovered $50 million from the cryptocurrency platform Gemini Trust to repay investors defrauded in its Gemini Earn program, she said on Friday. Gemini, run by billionaire twin brothers Cameron and Tyler Winklevoss, will provide full recoveries to more than 230,000 Earn investors, including 29,000 in New York, and agreed to a ban on operating crypto lending programs in the state. The payout is in addition to James' related $2 billion settlement with crypto lender Genesis Global Capital, which she announced on May 20.
Simply Wall St.
Moderna (NASDAQ:MRNA) shareholders are still up 857% over 5 years despite pulling back 6.1% in the past week
Long term investing can be life changing when you buy and hold the truly great businesses. And highest quality...
Insider Monkey
Why Microsoft Corporation (NASDAQ:MSFT) Is Up Today
We recently compiled the list of the 10 Stocks That Are Upgraded by Wall Street Analysts. In this article, we are going to take a look at where Microsoft Corporation (NASDAQ:MSFT) stands against the 10 stocks whose price targets were recently raised by analysts. But first, we are going to take a look at what the […]
Simply Wall St.
A Look At The Fair Value Of Meta Platforms, Inc. (NASDAQ:META)
Key Insights Meta Platforms' estimated fair value is US$561 based on 2 Stage Free Cash Flow to Equity With US$504 share...
Reuters
Analysis-Falling bond yields leave China's central bank facing tough call
China's central bank faces a looming test of its resolve to curb the financial stability risks it sees in a rallying bond market as it runs counter to its view of the economy by depicting a long-term outlook of soft growth and low inflation. The People's Bank of China, which has pledged to add treasury bond trading to its monetary policy toolkit, has issued repeated warnings against plummeting yields in long-dated government bonds, but has failed to reverse the trend. Pressure is growing on the PBOC to back statements with action - meaning it would be forced to end a 17-year absence from the bond market by selling.
Zacks
Is Abercrombie & Fitch (ANF) Stock Outpacing Its Retail-Wholesale Peers This Year?
Here is how Abercrombie & Fitch (ANF) and Texas Roadhouse (TXRH) have performed compared to their sector so far this year.

Date	Repurchased shares	Average price	Repurchased value
May 15, 2024	5,161	€ 628.21	€ 3,242,172
May 16, 2024	4,800	€ 651.96	€ 3,129,395
May 17, 2024	5,200	€ 647.43	€ 3,366,635
Total	15,161	€ 642.32	€ 9,738,202

Straits Times Index

Nikkei

Hang Seng

FTSE 100

Bitcoin USD

CMC Crypto 200

S&P 500

Dow

Nasdaq

Gold

Crude Oil

10-Yr Bond

FTSE Bursa Malaysia

Jakarta Composite Index

PSE Index

ASM share buyback update May 15 – 17, 2024

Latest stories

Share Prices of These 3 Singapore Stocks Shot Up 36% or More Year-to-Date: Can Their Run Continue?

Should You Investigate Genting Singapore Limited (SGX:G13) At S$0.87?

China Evergrande's ex-CEO sells Hong Kong home at almost half of purchase price

OCBC's final offer of $25.60 for GEH is 'not fair but reasonable' says EY; advises shareholders to accept

Here's Why Old Chang Kee (Catalist:5ML) Has Caught The Eye Of Investors

Nvidia Is 2024’s Best-Performing Chip Stock. These 4 Are Next.

Tesla is biggest market bubble in world history: Short seller

Huawei's HarmonyOS unseats Apple's iOS to become China's No 2 mobile operating platform

I Retired in My 50s: Here’s My Monthly Budget

Stock market today: Nasdaq ekes out 5th straight record to cap banner week for tech

Top Stock Market Highlights of the Week: Apple, US Federal Reserve and DBS Group

What's next for Tesla's stock as shareholders and Wall Street pros weigh in

Bank of Japan to scale down huge bond-buying programme

Analyst Says Advanced Micro Devices, Inc. (AMD) is Expensive Compared With NVDA, AI Expectations ‘Too High’

New York recovers $50 million for defrauded Gemini Earn crypto investors

Moderna (NASDAQ:MRNA) shareholders are still up 857% over 5 years despite pulling back 6.1% in the past week

Why Microsoft Corporation (NASDAQ:MSFT) Is Up Today

A Look At The Fair Value Of Meta Platforms, Inc. (NASDAQ:META)

Analysis-Falling bond yields leave China's central bank facing tough call

Is Abercrombie & Fitch (ANF) Stock Outpacing Its Retail-Wholesale Peers This Year?