SAO PAULO, May 6 (Reuters) - Brazilian telecom operator TIM SA on Monday reported a rise in its first-quarter net profit, up 19% compared with the same period last year.
TIM Brasil, controlled by Telecom Italia, posted a 519 million reais ($102.25 million) profit for the first three months of 2024.
($1 = 5.0758 reais) (Reporting by Steven Grattan; Editing by Leslie Adler)
The share prices of these five blue-chip stocks are touching a year-low. Could they be worth your attention? The post Share Prices of These 5 Singapore Blue-Chip Stocks Are Hitting Their 52-Week Lows: Are They a Bargain? appeared first on The Smart Investor.
Ballmer was employee No. 30 at Microsoft but got most of his wealth from a sweetheart deal.
These four stocks are hitting their 52-week highs but should they be included in your investment portfolio? The post 4 Singapore Stocks Smashing New 52-Week Highs This Year: Should They Be in Your Portfolio? appeared first on The Smart Investor.
The launch of Nvidia's Blackwell chips will test the ability of its suppliers and customers to deal with the infrastructure challenges associated with even more powerful chips.
Net income margin, which is calculated by dividing net income by revenue, shows how much money a company is making from its sales
Nvidia won't be without stiff competition over the next decade.
Dividend-paying stocks are often sought after for their potential to provide a steady income stream. However, it's crucial to examine the sustainability of these dividends. Companies like Metro Holdings, with high payout ratios, may indicate that their dividends could be at risk, making them less attractive for long-term investment stability.
Political turmoil in France gripped investors weighing whether stocks can build on their stellar first-half performance.
We recently compiled a list of the 10 Best Undervalued Stocks To Buy Now. In this article, we are going to take a look at where PayPal Holdings, Inc. (NASDAQ:PYPL) stands against the other undervalued stocks. Demographic Shifts and AI Innovation: A Bullish Case For the US Market In the prior couple of years, experts […]
As global markets navigate through varying economic climates, the Singapore Exchange (SGX) remains a focal point for investors seeking stability and consistent returns. In this context, dividend stocks often emerge as attractive options due to their potential to provide steady income streams. In light of current market conditions, a good dividend stock typically features robust fundamentals and a history of resilient performance across economic cycles, aligning well with the needs of...
The July 4 holiday falls on a Thursday this year, so the trading hours on Wednesday are a bit unusual.
A U.S. stock rally supercharged by excitement over artificial intelligence is drawing comparisons with the dotcom bubble two decades ago, raising the question of whether prices have again been inflated by optimism over a revolutionary technology. AI fever, coupled with a resilient economy and stronger earnings, has lifted the S&P 500 index to fresh records this year following a run of more than 50% from its October 2022 low. The tech-heavy Nasdaq Composite index has gained over 70% since the end of 2022.
Now isn’t the time to buy home builder stocks, says a Citi analyst who downgraded shares of Lennar and D.R. Horton on Tuesday. Anthony Pettinari moved his ratings on shares of Lennar and D.R. Horton to Neutral from Buy. The analyst wrote in a research note that these downgrades reflect a “slowing housing market.”
Asia lagged what was a pretty solid start to the new quarter for global stocks on Monday, and the steep rise in U.S. Treasury yields suggests it will be difficult session again on Tuesday for regional equities and emerging assets more broadly. The 10-year U.S. yield jumped 13 basis points to 4.50% on Monday - the highest yield and biggest one-day rise in a month - as investors repriced the potential inflationary impact from mooted fiscal, tariff, and immigration policies under a Donald Trump presidency. Wall Street, European, and world stocks powered through that headwind, Japanese stocks got a lift from the yen's slide back through 161.00 per dollar, and Chinese stocks drew strength from a positive surprise in domestic manufacturing sector data.
Hong Kong stocks gained on Tuesday morning as traders returned after a public holiday and reacted to upbeat Chinese manufacturing data that eased some concerns about the economic outlook. The Hang Seng Index added 0.6 per cent to 17,819.50 at the noon trading break, climbing from a two-month low. The Tech Index gave up earlier gains to to finish the morning session down 0.1 per cent, while the Shanghai Composite Index was little changed after a 0.9 per cent gain on Monday. Li Auto jumped 5.3 per
Hong Kong stocks advanced for a third straight day as heavyweight Alibaba Group sparked a tech rally, while mainland investors lent support piling into high dividend stocks. Gains were tempered by data that showed slowing momentum in service activity. The Hang Seng Index gained 1.2 per cent to 17,978.52 at the local noon trading break after briefly topping the 18,000 level, with the Tech Index rallying 2.5 per cent in a rebound from two-month lows. The Shanghai Composite Index declined 0.4 per c
STOCKHOLM (Reuters) -Electric vehicle (EV) maker Polestar said it will have to take steps to offset hefty EU and U.S. import tariffs on its Chinese-made electric cars as it posted a first-quarter operating loss on Tuesday. The Swedish company, controlled by China's Geely, makes all its EVs in China, but its new model, the Polestar 3, will be made in the United States from the end of this summer and its Polestar 4 in South Korea from the second half of next year. Until then, it will incur provisional tariffs of 20% for the cars it brings into the European Union under a proposal by the European Commission and more than 100% for the United States.
Key Insights Significant control over United Overseas Insurance by public companies implies that the general public has...
Looking at QAF Limited's ( SGX:Q01 ) insider transactions over the last year, we can see that insiders were net buyers...
The appeal of dividend stocks in the Australian market is undeniable, especially for those looking to generate income. However, caution is advised as some companies exhibit warning signs that could affect their ability to sustain dividends. For instance, firms like TPG Telecom with high payout ratios may struggle to maintain their dividend payments, posing risks for long-term investors.
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