Company News for Jul 3, 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.
BBC
Jeff Bezos to sell another $5bn of Amazon shares
In February, Mr Bezos announced that he would sell shares in technology giant worth around $8.5bn.
GOBankingRates
I Retired in My 50s: 5 Expenses You Should Eliminate Now If You Want To Do the Same
Did you know that 74% of Americans say that they are stressed about money? Money is a hot topic, especially with issues like unaffordable housing, lack of savings, high interest rates and rising debt...
Insider Monkey
Here are the Reasons Why You Should Hold NVIDIA Corporation (NVDA) for the Long Term
Fred Alger Management, an investment management company, released its “Alger Focus Equity Fund” first quarter 2024 investor letter. A copy of the letter can be downloaded here. US markets performed strongly in Q1, with the S&P Index up 10.56%. Class A shares of the fund outperformed the Russell 1000 Growth Index in the quarter. Information […]
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.
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
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 […]
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
Barrons.com
Bitcoin Falls to Below $56,000. Why the Crypto Is Set to Tumble Further.
The largest cryptocurrency is diving after collapsed exchange Mt. Gox prepares to refund digital assets to its users.
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
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."
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.
Even after rising 16% this past week, MYP (SGX:F86) shareholders are still down 61% over the past five years
It is doubtless a positive to see that the MYP Ltd. ( SGX:F86 ) share price has gained some 33% in the last three...
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...
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.
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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Company News for Jul 3, 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

Jeff Bezos to sell another $5bn of Amazon shares

I Retired in My 50s: 5 Expenses You Should Eliminate Now If You Want To Do the Same

Here are the Reasons Why You Should Hold NVIDIA Corporation (NVDA) for the Long Term

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

How To Earn $500 A Month From Nvidia Stock

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

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

Bitcoin Falls to Below $56,000. Why the Crypto Is Set to Tumble Further.

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

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

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

Even after rising 16% this past week, MYP (SGX:F86) shareholders are still down 61% over the past five years

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%

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

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