BioCryst Pharmaceuticals, Freshpet rise; Luminar, Integra fall, Tuesday, 5/6/2024

The Smart Investor
4 Reliable Singapore Dividend Stocks That I Never Intend to Sell
There are good reasons not to let go of a great dividend-paying stock. Here are four of them I plan to hold for the rest of my life. The post 4 Reliable Singapore Dividend Stocks That I Never Intend to Sell appeared first on The Smart Investor.
Moneywise
Tennessee man goes from janitor to driving a $3 million Bugatti, calls this asset 'better' than real estate
It can be done.
Reuters
Bitcoin set for worst week in nearly a year on Mt. Gox liquidation fears
NEW YORK/SINGAPORE/LONDON (Reuters) -Bitcoin was set for its biggest weekly fall in nearly a year on Friday, as traders fretted over the likely dumping of tokens from defunct Japanese exchange Mt. Gox and further selling by leveraged players after the cryptocurrency's strong run. The price of the world's largest cryptocurrency slid as much as 8% on the day to $53,523, its lowest since late February. Media reports said Mt. Gox, the world's leading exchange for cryptocurrencies before it collapsed a decade ago, may start returning bitcoin to creditors, who are seen as likely sellers since the token's worth was only hundreds of dollars in 2014.
Fortune
Wall Street’s biggest bear—once dubbed ‘Gandalf’ for his market foresight—is out of a job after predicting a U.S. recession that never happened
JPMorgan’s Marko Kolanovic made a name for himself as a contrarian during the pandemic, but too many wrong-footed calls finally caught up with him.
The Hill
Nvidia’s rapid rise hits ‘bumps in the road’
After blowing past a $3 trillion market capitalization and briefly becoming the most valuable company in the world last month, Nvidia has lost and regained hundreds of billions of dollars in value in recent days. While the chipmaker’s volatility has sparked some concerns about the sustainability of the stock market’s artificial intelligence (AI) boom, experts…
Simply Wall St.
Is Keppel Infrastructure Trust's (SGX:A7RU) 6.0% ROE Better Than Average?
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...
Insider Monkey
Jim Cramer Says Palantir Technologies Inc (NYSE:PLTR) is like a ‘Giant Black Box’
We recently published a list of Jim Cramer’s Latest Stock Portfolio: Top 10 Recommendations. Since Palantir Technologies Inc (NYSE:PLTR) ranks 4th on the list, it deserves a deeper look. Jim Cramer in a latest program talked about the concept of “suitability” of stocks in investing, which emphasizes the importance of picking individual stocks based on your […]
Reuters
China's central bank has hundreds of billions of yuan of bonds at its disposal to cool long rally
China's central bank has hundreds of billions of yuan worth of bonds at its disposal to borrow, and will sell them depending on market conditions, the bank told Reuters on Friday, part of a plan markets see as an effort to cool a powerful bond rally. The People's Bank of China (PBOC) will borrow the medium- and long-term bonds on an open-ended unsecured basis and sell them depending on market conditions, as it has signed agreements with several major financial institutions regarding bond borrowing, according to the bank. The official remarks come at a time China's sovereign bonds have performed strongly this year, with yields hitting record lows, as a wobbly economy and volatile stock markets pushed savers into fixed-income safe haven investments.
The Guardian
Shell to take hit of up to $2bn on Rotterdam and Singapore sites
Oil firm’s warning comes after it had to halt work on Europe’s largest biofuel project and sell refinery in Asia
Benzinga
How To Earn $500 A Month From Nvidia Stock
NVIDIA Corporation (NASDAQ:NVDA) shares closed higher on Wednesday, driven by strength in the chip stock sector. Former House Speaker Nancy Pelosi (D-Calif.) is one of the most closely watched members of Congress for stock trading activity, largely due to the significant purchases made by her husband, Paul Pelosi. On June 26, Paul Pelosi bought 10,000 shares of NVIDIA, with the purchase valued between $1 million and $5 million. Over the past six months, NVIDIA's stock has surged by more than 161
SETHLUI.COM
1.5 million Singaporeans to get up to S$850 GST vouchers as cash in Aug
The post 1.5 million Singaporeans to get up to S$850 GST vouchers as cash in Aug appeared first on SETHLUI.com.
Reuters
Meme stock speculation propels Koss shares 25% higher on Friday
Shares of headphone maker Koss Corp. soared for the second session in a row on Friday, closing at $13.35 a share, after trading as high as $18.50 early in the day, as social media posts speculated that a post by meme stock influencer Keith Gill indicated his interest in the company. Some followers of Gill, known to his online followers as 'Roaring Kitty', on social media pointed to cryptic images he posted in May of a microphone posted against the backdrop of the U.S. flag. That led to speculation on Reddit, such as Otherwise-Category42's post on the sub-Reddit devoted to GameStop that has been tracking Gill's return, that 'Roaring Kitty' would become a buyer of Koss shares on or around July 4, the U.S. Independence Day holiday.
The Smart Investor
Top Stock Market Highlights of the Week: SK Hynix, Tencent, BlackRock and City Developments Limited
The chip sector receives another boost while an e-commerce player’s latest game release is performing very well. The post Top Stock Market Highlights of the Week: SK Hynix, Tencent, BlackRock and City Developments Limited appeared first on The Smart Investor.
Reuters
SNB's Jordan blames Credit Suisse bosses for bank's crash
Credit Suisse's collapse was caused by the bank's management, not by Swiss financial authorities, Swiss National Bank Chairman Thomas Jordan was quoted as saying on Friday. "It was the result of bad decisions by the bank's management," Jordan told newspaper Le Temps in an interview. "The Swiss authorities were well prepared, and we took the necessary measures to avoid a global financial crisis."
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.
Simply Wall St.
Beyond, Inc. (NYSE:BYON) is largely controlled by institutional shareholders who own 70% of the company
Key Insights Given the large stake in the stock by institutions, Beyond's stock price might be vulnerable to their...
Simply Wall St.
An Intrinsic Calculation For Alnylam Pharmaceuticals, Inc. (NASDAQ:ALNY) Suggests It's 50% Undervalued
Key Insights The projected fair value for Alnylam Pharmaceuticals is US$495 based on 2 Stage Free Cash Flow to Equity...
Simply Wall St.
Shareholders in Yum China Holdings (NYSE:YUMC) are in the red if they invested three years ago
If you are building a properly diversified stock portfolio, the chances are some of your picks will perform badly. But...
Simply Wall St.
Walt Disney (NYSE:DIS shareholders incur further losses as stock declines 3.5% this week, taking three-year losses to 43%
For many investors, the main point of stock picking is to generate higher returns than the overall market. But its...
WWD
A Deal at Last: Assessing the Future for ‘Saks Global’
After years of off-and-on merger talks, a definitive $2.65 billion deal involving Amazon, Rhône Capital, Salesforce and other investors and lenders brings Saks and Neiman Marcus Group under the same corporate umbrella.

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BioCryst Pharmaceuticals, Freshpet rise; Luminar, Integra fall, Tuesday, 5/6/2024

Latest stories

4 Reliable Singapore Dividend Stocks That I Never Intend to Sell

Tennessee man goes from janitor to driving a $3 million Bugatti, calls this asset 'better' than real estate

Bitcoin set for worst week in nearly a year on Mt. Gox liquidation fears

Wall Street’s biggest bear—once dubbed ‘Gandalf’ for his market foresight—is out of a job after predicting a U.S. recession that never happened

Nvidia’s rapid rise hits ‘bumps in the road’

Is Keppel Infrastructure Trust's (SGX:A7RU) 6.0% ROE Better Than Average?

Jim Cramer Says Palantir Technologies Inc (NYSE:PLTR) is like a ‘Giant Black Box’

China's central bank has hundreds of billions of yuan of bonds at its disposal to cool long rally

Shell to take hit of up to $2bn on Rotterdam and Singapore sites

How To Earn $500 A Month From Nvidia Stock

1.5 million Singaporeans to get up to S$850 GST vouchers as cash in Aug

Meme stock speculation propels Koss shares 25% higher on Friday

Top Stock Market Highlights of the Week: SK Hynix, Tencent, BlackRock and City Developments Limited

SNB's Jordan blames Credit Suisse bosses for bank's crash

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

Beyond, Inc. (NYSE:BYON) is largely controlled by institutional shareholders who own 70% of the company

An Intrinsic Calculation For Alnylam Pharmaceuticals, Inc. (NASDAQ:ALNY) Suggests It's 50% Undervalued

Shareholders in Yum China Holdings (NYSE:YUMC) are in the red if they invested three years ago

Walt Disney (NYSE:DIS shareholders incur further losses as stock declines 3.5% this week, taking three-year losses to 43%

A Deal at Last: Assessing the Future for ‘Saks Global’