Company News for Jun 20, 2024

Fortune
Departing Nvidia VP salutes Jensen Huang’s leadership, and pinpoints the 3 key principles he taught her
After 7 years of working for Nvidia’s CEO Jensen Huang, the chipmaker's outgoing VP said that her boss taught her about the importance of first principles thinking, zero-billion dollar markets and speed-of-light execution.
Insider Monkey
The Wealthiest Person in Singapore
We recently compiled a list of the 30 Wealthiest People in Singapore and in this article, we will look at the richest person in Singapore. An Outlook of the Singaporean Economy According to the Ministry of Trade and Industry (MTI), the Singaporean economy rose at a more rapid pace than expected in Q1 2024. The GDP […]
The Smart Investor
Share Prices of These 4 Singapore Stocks Are Hitting Their 52-Week Highs: Can They Continue Their Run?
These four Singapore stocks are seeing their share prices shooting up, but can they continue to do so? The post Share Prices of These 4 Singapore Stocks Are Hitting Their 52-Week Highs: Can They Continue Their Run? appeared first on The Smart Investor.
PC Gamer
Nvidia loses $500 billion in the biggest short term loss in company value in all of recorded history. A year ago that would have killed it yet today it will barely notice
After briefly becoming the world's most valuable company Nvidia has now experienced the biggest three-day loss in value of any company ever.
The Smart Investor
Sheng Siong’s Share Price is Languishing Near its 52-Week Low: Can the Retailer Find its Mojo Again?
The supermarket retailer’s share price has stayed stagnant in recent months. Can Sheng Siong see a recovery on the horizon? The post Sheng Siong’s Share Price is Languishing Near its 52-Week Low: Can the Retailer Find its Mojo Again? appeared first on The Smart Investor.
The Smart Investor
iFAST’s Share Price Surged 64% in the Past Year: Can the Fintech Surpass its All-Time High of S$10?
With iFAST’s share price shooting up by 64%, does the fintech have what it takes to reclaim its all-time high of S$10? The post iFAST’s Share Price Surged 64% in the Past Year: Can the Fintech Surpass its All-Time High of S$10? appeared first on The Smart Investor.
Simply Wall St.
Unveiling Three SGX Stocks That Might Be Trading Below Their Estimated Fair Value
As the Singapore market continues to evolve, investors are keenly observing trends and shifts that could signal new opportunities. Amidst these developments, identifying stocks that may be trading below their estimated fair value could offer potential for those looking to diversify or optimize their portfolios in current market conditions.
Barrons.com
This Stock Is Beating Nvidia—and It’s Set to Climb Even More
Abercrombie & Fitch’s stock has smoked Nvidia’s in the past year. A strategic makeover under CEO Fran Horowitz is winning fans on Wall Street and Main.
The Telegraph
Investors have no idea how exposed they are to the next market crash
Before we read too much into Nvidia’s £400bn share price slide, let’s put it in context.
Simply Wall St.
Multi-Chem And Two Other Leading Dividend Stocks On SGX
As digital solutions like Visa's new emergency card service reshape financial interactions globally, the Singapore market is also experiencing shifts that reflect broader technological advancements and consumer behavior changes. In this dynamic environment, dividend stocks such as Multi-Chem offer investors potential stability and regular income, qualities that are increasingly valuable in rapidly evolving markets.
The Telegraph
Lock in a two-year savings rate now before rates tumble, experts warn
Savers have been urged to seize a “golden opportunity” to lock their cash away for longer before interest rates begin to fall in the coming months.
Reuters
Who owns France's debt and why it matters
President Emmanuel Macron's shock snap election has rocked France's bond market, the largest in the euro zone, as a strong showing for the far right and left wing parties in opinion polls exacerbates concerns about fiscal sustainability. Earlier in June, the risk premium France pays for its debt on top of Germany's neared levels last seen in 2012, during the euro zone debt crisis. The question is how much more turmoil the two-round elections on June 30 and July 7 could sow in bond markets.
Simply Wall St.
Hour Glass And 2 More SGX Dividend Stocks To Consider
As the global payment landscape evolves with initiatives like the European Payments Initiative, investors may find stability and potential growth in dividend stocks amidst market fluctuations. In Singapore, where financial markets are known for their robustness, dividend stocks such as Hour Glass can offer investors a blend of income and relative security in uncertain times.
Benzinga
What's Going On With Broadcom Stock On Tuesday?
Broadcom Inc (NASDAQ:AVGO) recently announced significant updates to its VMware Cloud Foundation (VCF), aiming to enhance digital innovation with faster infrastructure modernization, improved developer productivity, and better cybersecurity at a low total cost of ownership. The latest advancements in VCF support customers’ needs by integrating enterprise-class computing, networking, storage, management, and security across various environments. The new VCF Import functionality allows seamless in
Barrons.com
Fed Officials Are Talking About 3 Scenarios. Here’s What They Mean for Rates.
Faced with uncertainty, Fed officials are offering various scenarios for the economy and interest rates.
Insider Monkey
Is Advanced Micro Devices’ (AMD) ‘AI Story’ Overhyped?
We recently published a list of the Big Tech Funds are Buying These 10 AI Stocks. Since Advanced Micro Devices, Inc. (NASDAQ:AMD) ranks 8th on the list, it deserves a deeper look. As mega-cap technology stocks continue to soar to new highs, the number of Wall Street analysts highlighting the “concentration of gains” problem are increasing. It’s […]
Reuters
Micron Tech beats revenue estimates on AI chip demand; shares fall after run-up
(Reuters) -Micron Technology beat estimates for third-quarter revenue on Wednesday driven by strong demand for its memory chips, but its current-quarter forecast disappointed investors who were upbeat about the chipmaker's performance in the AI boom. The stock had risen 13% this month, ahead of earnings, on investor optimism that Micron would benefit from AI-driven demand. "Micron's largely inline forecast may have been good enough two or three months ago, but is not enough to meet current lofty hopes, especially after a 67% year-to-date rally in its share price," said Michael Schulman, chief investment officer at Running Point Capital.
Yahoo Finance
Stock market today: Nvidia rebound fuels Nasdaq rally as Dow falls 300 points
Stocks are hoping to add a punchline to what's been a high-flying quarter thus far.
Yahoo Finance Video
Nvidia: Is it worth buying back in or is it time to stay out?
Shares of Nvidia (NVDA) are bouncing back after dropping for three straight sessions. While some on Wall Street believe the dip is "overblown", could it be time to get out of chip stock before any more uncertainty persists? Neuberger Berman Senior Research Analyst Daniel Flax joins Catalysts to give insight into Nvidia's recent performance and what investors need to consider when keeping Nvidia in their portfolios. Flax expounds upon what he takes into consideration for tech companies: "There are a number of factors when we model the company, we go through each one of their businesses. The most important one is the data center business, where you're seeing very, very strong demand for their systems. Also on the networking side, growth is very, very healthy there as well. And so you're trying to balance healthy demand with, of course, supply, which is constrained. Now I expect the supply chain and Nvidia and its partners to continue to make progress on improving supply over the next several quarters, but that is a gating factor..." For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Nicholas Jacobino
Barrons.com
Nvidia Stock Pulled Back. Why It’s Not Time to Buy Yet.
THE TRADER Nvidia stock has dropped—finally. But it’s not time to buy the dip just yet. If any stock appears unstoppable, it’s Nvidia. Since bottoming in November 2022, shares have gained more than 800%, making it the second-best performing stock currently in the index.

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Company News for Jun 20, 2024

Latest stories

Departing Nvidia VP salutes Jensen Huang’s leadership, and pinpoints the 3 key principles he taught her

The Wealthiest Person in Singapore

Share Prices of These 4 Singapore Stocks Are Hitting Their 52-Week Highs: Can They Continue Their Run?

Nvidia loses $500 billion in the biggest short term loss in company value in all of recorded history. A year ago that would have killed it yet today it will barely notice

Sheng Siong’s Share Price is Languishing Near its 52-Week Low: Can the Retailer Find its Mojo Again?

iFAST’s Share Price Surged 64% in the Past Year: Can the Fintech Surpass its All-Time High of S$10?

Unveiling Three SGX Stocks That Might Be Trading Below Their Estimated Fair Value

This Stock Is Beating Nvidia—and It’s Set to Climb Even More

Investors have no idea how exposed they are to the next market crash

Multi-Chem And Two Other Leading Dividend Stocks On SGX

Lock in a two-year savings rate now before rates tumble, experts warn

Who owns France's debt and why it matters

Hour Glass And 2 More SGX Dividend Stocks To Consider

What's Going On With Broadcom Stock On Tuesday?

Fed Officials Are Talking About 3 Scenarios. Here’s What They Mean for Rates.

Is Advanced Micro Devices’ (AMD) ‘AI Story’ Overhyped?

Micron Tech beats revenue estimates on AI chip demand; shares fall after run-up

Stock market today: Nvidia rebound fuels Nasdaq rally as Dow falls 300 points

Nvidia: Is it worth buying back in or is it time to stay out?

Nvidia Stock Pulled Back. Why It’s Not Time to Buy Yet.