Company News for Jun 25, 2024

Simply Wall St.
Three SGX Stocks Estimated To Trade At Discounts Between 42.5% And 45.3%
As the global financial landscape evolves, Singapore's market is uniquely positioned to capitalize on emerging trends such as the tokenisation of trade finance assets. This shift towards digital assets highlights a broader transformation in investment opportunities and market dynamics. In this context, identifying stocks that are potentially undervalued becomes crucial, as they may offer significant growth potential amidst these transformative economic conditions.
The Smart Investor
4 Singapore Stocks Paying Out Dividends in July
We feature four Singapore stocks that are doling out dividends in July. The post 4 Singapore Stocks Paying Out Dividends in July appeared first on The Smart Investor.
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.
Unveiling 3 SGX Dividend Stocks With Yields Ranging From 6% To 9%
As the Singapore market navigates the burgeoning field of tokenised real-world assets, with projections pointing to significant growth in trade finance assets, investors are keenly observing opportunities that align with these evolving trends. In this dynamic environment, dividend stocks that offer stability and consistent returns are particularly appealing, providing a contrast to the nascent and rapidly evolving sector of tokenised assets.
The Edge Singapore
Prudential Singapore to get new CEO in September
Chan San San is appointed CEO of Prudential SIngapore, reporting to Dennis Tan, MD of Strategic Business Group, a regional role
Yahoo Finance
New inflation reading offers hope for Fed rate cuts later this year
The Fed got another positive signal that inflation is easing after running hotter-than-expected in the first quarter, but the central bank still likely needs more time before cuts can begin in 2024.
Barrons.com
Fed Officials See 3 Possible Paths for Rates
Faced with uncertainty, Fed officials are offering various scenarios for the economy and interest rates.
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.
Yahoo Finance
Stock market today: Stocks inch higher with key inflation print looming
A sell-off in Micron put a dent in the AI bullishness that has fueled the tech-driven rally, as investors eye fresh economic data.
Reuters
UBS shakes up flagship wealth business with new unit, memo says
ZURICH (Reuters) -UBS is shaking up its wealth-management arm, the bank's flagship business, to boost its offerings to ultra-rich clients, the division's new co-leaders said in their first internal memo sent on Thursday and seen by Reuters. UBS will create a new unit from July 1, named GWM Solutions, to integrate various client offerings, such as investment management, lending, family and institutional wealth management and alternative investments, the memo from Rob Karofsky and Iqbal Khan said. The unit will be led by former Credit Suisse banker Yves-Alain Sommerhalder who will be based in Zurich and New York and report to Karofsky and Khan.
Investing.com
Asian stocks fall as Micron sparks tech losses, China data weighs
Investing.com-- Most Asian stocks fell on Thursday as technology shares tracked weakness in their U.S. peers following underwhelming guidance from chipmaking major Micron.
Simply Wall St.
Unveiling Three Stocks That May Be Trading Below Their Estimated Intrinsic Value
As global markets demonstrate resilience, with the S&P 500 reaching new highs and value stocks showing strength, investors may find opportunities in stocks that appear undervalued relative to their intrinsic worth. In this context, identifying stocks trading below their estimated intrinsic value could be particularly timely, offering potential for appreciation as market conditions evolve.
AFP News
Inflation data cheers Wall Street, French stocks slump
Wall Street stocks climbed Friday after data showing cooling US inflation raised hopes of an interest-rate cut, while French equities slid before a weekend election that could see strong gains for the far right.Wall Street stocks advanced, the Dow adding 0.2 percent.
Yahoo Finance
Stock market today: AI frenzy leads stocks to rip-roaring first half of 2024
Investors are watching for a cooling in the Fed-favored PCE print to boost rate-cut hopes as they assess Biden's faltering performance in the Trump debate.
Benzinga
What's Going On With Nvidia Stock On Thursday?
Nvidia Corp (NASDAQ:NVDA) shares are trading lower Thursday in sympathy with Micron Technology Inc (NASDAQ:MU) after the company reported third-quarter financial results and issued guidance on Wednesday. Nvidia’s shareholders have approved all resolutions, including the compensation packages for CEO Jensen Huang. Huang’s compensation package for the 2024 fiscal year was approximately $34 million, marking a 60% increase from the previous year, CNBC reports. Also Read: For Every $1 Spent On Nvidia
Simply Wall St.
One Citigroup Insider Has Reduced Their Stake
From what we can see, insiders were net sellers in Citigroup Inc.'s ( NYSE:C ) during the past 12 months. That is...
Deadline
Michael Jackson Was More Than $500M In Debt When He Died
When Michael Jackson died on June 25, 2009, he was more than $500 million in debt, according to court documents filed last week in Los Angeles. Jackson died at 50 while preparing for his extended “This Is It” residency at the 02 Arena in London, which was scheduled to run from July 2009 to March …
MoneySmart
Why Every Singaporean Needs an Emergency Fund—And How You Can Build Yours
Almost every financial advisor you meet will ask if you have an emergency fund in place. You know what the unfortunate thing is? Too many Singaporeans don’t have one! If... The post Why Every Singaporean Needs an Emergency Fund—And How You Can Build Yours appeared first on MoneySmart Blog.
Reuters
Fed's Bostic says inflation moving in 'right direction,' sees one Q4 rate cut
Inflation in the U.S. "appears to be narrowing" and that should allow the Federal Reserve to cut interest rates later this year, Atlanta Fed President Raphael Bostic said in a policy essay released on Thursday. After concern that inflation might stall at an elevated level, Bostic said recent data point to renewed progress, including the fact that the share of goods and services increasing at a greater than 5% annual rate had dipped below 20% - more akin to where it was before the COVID-19 pandemic and similar to the share seen when inflation was slowing fast last year. "It's moving in the right direction," Bostic said of a metric he has singled out as one of his touchstones for the U.S. central bank's battle against inflation that spiked to a 40-year high in 2022.
Simply Wall St.
June 2024 Insight Into Three SGX Stocks Estimated Below Value
As Singapore's market continues to adapt to global digital trends, the introduction of innovative services like Visa's digital emergency card highlights the increasing reliance on technology in financial transactions. In this environment, identifying stocks that are potentially undervalued becomes particularly pertinent, as companies that leverage such technological advancements may present compelling opportunities for informed investors.

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Company News for Jun 25, 2024

Latest stories

Three SGX Stocks Estimated To Trade At Discounts Between 42.5% And 45.3%

4 Singapore Stocks Paying Out Dividends in July

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

Unveiling 3 SGX Dividend Stocks With Yields Ranging From 6% To 9%

Prudential Singapore to get new CEO in September

New inflation reading offers hope for Fed rate cuts later this year

Fed Officials See 3 Possible Paths for Rates

Multi-Chem And Two Other Leading Dividend Stocks On SGX

Stock market today: Stocks inch higher with key inflation print looming

UBS shakes up flagship wealth business with new unit, memo says

Asian stocks fall as Micron sparks tech losses, China data weighs

Unveiling Three Stocks That May Be Trading Below Their Estimated Intrinsic Value

Inflation data cheers Wall Street, French stocks slump

Stock market today: AI frenzy leads stocks to rip-roaring first half of 2024

What's Going On With Nvidia Stock On Thursday?

One Citigroup Insider Has Reduced Their Stake

Michael Jackson Was More Than $500M In Debt When He Died

Why Every Singaporean Needs an Emergency Fund—And How You Can Build Yours

Fed's Bostic says inflation moving in 'right direction,' sees one Q4 rate cut

June 2024 Insight Into Three SGX Stocks Estimated Below Value